Experts Analyse India’s Economic Landscape in the Wake of Global ShiftsIn a recent interview with ‘India Today’, Kaushik Basu, former Chief Economist of the World Bank and Professor at Cornell University, highlighted India's unique position in the global economy. He emphasized that the growing...
INTRODUCTIONDebt and monetary financing are fundamental sources to finance fiscal deficits in economies. Public debt, a significant economic indicator, showcases an economy’s health. In recent times, the escalating public debt has garnered considerable global attention, particularly in the Un...
A recent circular issued by the Reserve Bank of India (RBI) on November 16 has sent ripples through India’s financial landscape. The RBI has raised the risk weights on consumer loans offered by banks, non-banking finance companies (NBFCs), and credit card providers. This adjustment effectively inc...
As consumer index-based September inflation data which were released on October 12 was low at 5.02%, albeit higher than the targeted rate of 4%, in hindsight the October 6, 2023 decision of the Monetary Policy Committee (MPC) of Reserve Bank of India (RBI) to maintain the policy rate of interest at ...
From 22 to 24 August 2023, the leaders of the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People's Republic of China and the Republic of South Africa (BRICS) met for BRICS XV Summit held in Sandton, Johannesburg, South Africa, under the theme "BRICS and Africa: ...
Harvard economist Claudia Goldin has been honouredwith the 2023 Nobel Prize in Economics, making her the third female economist to receive this prestigious award. Notably, she is the sole recipient of this accolade, without any shared credit. Goldin’s groundbreaking research earned her this recogn...
Company ProfileMumbai, India is home to the multinational consumer goods manufacturer Godrej Consumer Products Limited (GCPL). According to a demerger plan granted by the Mumbai Honorable High Court of Judicature on March 14, 2001, the consumer products division of the formerly known as Godrej Soaps...
In a move that has captured international attention, JP Morgan has recently announced the inclusion of Indian government bonds in its emerging market debt index. With approximately $220 billion in assets under management, this global diversified index is considered a significant gateway to internati...
Company ProfileCoal India Limited, commonly known as CIL, is an Indian state-owned public sector undertaking (PSU) owned by the government of India. Founded in 1975, CIL is based in Kolkata and is the world’s largest state-owned producer of coal. CIL is also India’s ninth largest employer, emplo...
IntroductionIndia is witnessing a troubling trend where political leaders, from grassroots representatives to Prime Ministers and Chief Ministers, are distributing largesse to gain political mileage. These offerings, once limited to essentials like food grains and medical facilities, have now transf...
