Indian banking sector is at a crossroad. And as crossroads are always fraught with the risk of a misjudgement of the oncoming traffic, it needs to be careful.Lets walk a year back and revisit the start of pandemic closure in March 2020. As the country went for a total lockdown on the fourth we...
The ‘Make in India’ initiative launched by the Hon’ble Prime Minister is a laudable objective but the reality is different. Indian manufacturing industry developed after Independence backed by high import tariffs which encouraged Indian companies to put up green-field factories in all se...
Finance Minister of India Nirmala Sitharaman thinks that the economic reforms only can ensure India’s sustainable economic growth momentum. She was speaking at Kolkata recently at a special session on Sustainable Growth Momentum During Covid Times, organized by Merchant Chamber of Commerce a...
The annual ‘Spring Meeting’ of International Monetary Fund (IMF) and World Bank has been organised and it focussed on vaccines, climate change, debt and recovery. David Malpass, President, World Bank at the start of the ‘Spring Meeting’ commented, “There is the good news that there i...
The International Monetary Fund’s (IMF’s) ‘Poverty Reduction and Growth Trust’ (PRGT) now can only lend money to the poorest countries. Thus it naturally limits the capacity of developing countries with higher income levels to get low or zero interest loans from the IMF.Kristalin...
The provision of universal basic income to citizens of a country has been a matter of discussion for long around the world. It is meant for uplifting people from poverty and maintaining economic stability of a country.The UBI is considered as an automatic economic stabiliser since it would ens...
ACC LTD COMPANY PROFILE Since inception in the year 1936, ACC Limited (ACC) is a leading player in the Indian building materials space, with a pan-India manufacturing and marketing presence. With 17 cement manufacturing units, over 90 ready mix concrete plants, and a countrywide spread of ...
On March 23, 2020 Prime Minister Narendra Modi declared the nation wise lockdown against Covid-19. However, India was not the only country to declare lockdown as many economies of the world had already done the same to counter the pandemic. In fact, by April 2020, almost half the world’s pop...
The pandemic has been the reason behind major economic crisis globally. Concerning unemployment, living standards etc. the pandemic has devastated the economies. A large number of people who were earlier in the middle income group, they were driven into poverty. As India and China, together consists...
COMPANY PROFILE Built in the year 1981 in Bangalore, Infosys Limited is an Indian multinational technology company that provides business consulting, information technology and outsourcing services. Infosys is the second-largest Indian Inf...