Status of the Economy Report, recently published by the Reserve Bank of India, on January 21, 2021, has brought in a refreshing waft of breeze in the otherwise gloomy environment that had engulfed the economy during the better part of 2020. Covid-19 turned out to be a worldwide pandemic affect...
National currency in global economy is like a stock in the stock exchange. Weak currency implies weak fundamentals, misallocation of capital and inefficient economy, conversely strong currency implies strong competitive economy and efficient allocator of capital. 60 Years of socialist governments ha...
In an interview with BE's Kishore Kumar Biswas, Anil Bharadwaj, Secretary General, Federation of Indian Micro and Small and Medium Enterprises (FISME), New Delhi, spoke about the prospects of the sector. He is also of the opinion that a new form of IBC is important for the sake of the MSME sec...
Benjamin Franklin had said, “Rather go to bed without dinner than to rise in debt...” For someone who had never defaulted before March 2020 on loan repay instalments, this adage couldn’t be more pertinent, being harried in the pandemic times. Covid-19 has taken a toll on lives and liveli...
FDI India is a start-up consultancy firm that helps Indian businesses connect with foreign investors for soft loans. BE’s Aritra Mitra interacted with Vishal Yadav, CEO & Founder, FDI India. Q. How has the Covid-19 pandemic and the subsequent lockdown affected the FDI inflows ...
We all know how the license/permit raj was a hindrance to India's development. Perhaps it is not fully recognised how it was a product of faulty economics based on Professor Lionel Robbins view that economics is about allocating the given productive resources. What was forgotten is that the le...
Few years ago, the International Monetary Fund (IMF) remarked that the Indian economy is a bright spot in the global landscape. The IMF acknowledged that the attempts of the Indian government to reduce deficit through fiscal consolidation together with an anti-inflationary monetary policy help...
Company BackgroundDalmia Bharat Ltd, incorporated in the year 1939, is India’s fifth largest cement manufacturing company by capacity (26.50, MTPA). It has got 13 manufacturing plants spread across in 9 states and contributes around ~5% of the entire country’s cement capacity. Dalmia Bharat poss...
COMPANY PROFILEAxis Bank Limited is the third largest private sector bank in India. It was founded in 1993 as UTI Bank with its headquarters in Mumbai and one of the first new generation private sector banks to begin operations in 1994 through its first branch in Ahmedabad. The ...
Recently, there has been a debate between Professor Arvind Panagariya, former vice Chairman NITI Aayog and Congress leader and former Finance Minister P Chidambaram on the performance of the last four Indian prime ministers namely - Narendra Modi, Manmohan Singh, Atal Bihari Bajpayee and PV Narasimh...
