The Governor of the Reserve Bank of India (RBI) made an assuring observation last month. He made the statementsoon after his decision on August 5 to shift to a hawkish stance of fighting rising inflationary pressures made during alikely third Black Swan Event (BSE) which is the brewing China-Taiwan ...
wo years ago, when the Covid-19 pandemic gripped the world, developed economies benevolently extended unemployment benefits along with job protection schemes. This was something that John Maynard Keynes had advocated during The Great Depression of 1929 to avoid the ‘paradox of thrift’ i.e., an i...
The digital payment infrastructure in India has leapfrogged to a stupendous height. It all began in the 1990s whenReserve Bank of India (RBI) spearheaded the development of technological infrastructure that facilitated the creation of a payment and settlement ecosystem. In 2007, the Indian parliamen...
The recent monthly economic report of the Indian finance department has indicated that India is facing near-term challenges in maintaining its fiscal deficit, sustaining economic growth, controlling inflation and containing the current account deficit. The report also points out, “Many countries a...
Surging inflation, depreciation of the currency and depletion of India’s foreign exchange reserves are all signs of concerns. All of the above are interconnected. They fall under the category of macroeconomic indicators of the state of the economy. For India, a leading emerging market economy, wit...
The ongoing price inflation is a concern not only in India but also for the global economy. The purpose of this article is to concentrate on the inflation occurring in the Indian economy with focus discussion on its impact on rural and agricultural workers. The meaning of inflation is not high price...
Vasudhaiva Kutumbakam, the Sanskrit phrase meaning the world is one family, is one of the original ancient philosophies of India. However, India's current situation in the case of migrants seems to be deviating. Not so long ago debates over illegal immigrants were common, without thinking abou...
Finally on March 16, 2022, the United States (US) Federal Reserve (the Fed) did what it was expected to do. Since the summer of 2021, the central bank of the world’s richest economy dismissed the signs of upward pressures on wages, rents and food prices as transitory. So did the Reserve Bank of In...
The popularity of consulting and advisory companies isincreasing day by day. A number of consulting farms areemerging out and creating competition in the market. Theyare helping organizations to embark on their Industrial IoTjourney by assessing digital readiness, facilitating roadmapcreation, busin...
India has been recently placed among the top five economies as the easiest places to start any new business. The Global Entrepreneurship monitor released in Dubai, which is associated with presenting an annual assessment of the level of entrepreneurial activities in the world, has unveiled its 2021-...