Early last month, the Reserve Bank of India (RBI) announced its monetary policy decision at the end of the bi-monthly meeting of the six-member Monetary Policy Committee (MPC). The expectations were that RBI would be focused on boosting growth with a downward revision in its benchmark policy i...
There are many important purposes of macroeconomics. But the foremost of these is attaining full employment. Full employment does not only mean full-employment of labour - it also includes full utilisation of available resources. The Indian economy has been under stress for quite some time. Ev...
COMPANY PROFILEFounded 62 years ago, Torrent Pharmaceuticals Ltd. is the flagship company of the Torrent Group. Is based in the Indian city of Ahmedabad. It was promoted by U. N. Mehta, initially as Trinity Laboratories Ltd, and was later renamed Torrent Pharmaceuticals Ltd...
In the wake of the second wave of the pandemic, certain segments of the industry are demanding a postponement of the Insolvency & Bankruptcy Code (IBC) by another one year. However, that is unlikely to help the stressed enterprises to recover quickly as they are more likely to face multipl...
It is exactly after eight years that the Wholesale Price Inflation (WPI) has climbed to 7.39% in March 2021. Before this, in March 2013, WPI was recorded at 8.6%. Along with WPI, the all-India General Consumer Price Inflation (CPI) also increased to 5.52% in March 2021 vis-à-vis 5.03% in Febr...
COMPANY PROFILE AstraZeneca India was established in the year 1979 and is headquartered at Bengaluru. AstraZeneca Pharma India Limited (AZPIL) is the functioning company and covers manufacturing, sales and marketing activities of the company in India. It is listed in stock exchange ...
April is the month when the International Monetary Fund (190-member countries) and the World Bank (189-member countries) undertake the first of the two biannual reviews of world economy, which are discussed at their meetings held in Washington. The next bi-annual meeting with the second review...
The Government of India, together with the Reserve Bank of India (RBI), had done a commendable job in alleviating the pain of the borrower community during and after the nationwide lockdown imposed to counter the COVID-19 pandemic. Thanks to their timely actions, a nascent recovery was visible in a ...
The second wave of the deadly epidemic in India has harshly distorted the economic condition. Considering the unsympathetic trauma placed by the pandemic on the economy, the Reserve Bank of India (RBI) has recently unpacked many measures to enhance the fund flow to the healthcare sector and is...
We are in the midst of a raging wave II of the pandemic and experts agree that the mutating virus is something that we will have to learn to live with and wishing away the ill effects of Covid-19 is not a solution. Whilst lives have to be saved and thankfully the whole country is now implement...
