In the last two months or so, two important international reports have been published related to economic inequalities in the world. First one is the World Inequality Report 2022 that was published by the Paris School of Economics on December 7, 2021. The other is the Inequality Kills Report publish...
As we are at the start of yet another year, which happens to be the third year of the Covid-19 pandemic, the loss of lives stands at 5.5 million and the economic loss is estimated at around $13.8 trillion. The International Monetary Fund (IMF) in its updated World Economic Outlook (WEO) which ...
India's Economic Survey report each year is presented by the Union finance minister before the Budget. In 2022, the Economic Survey was tabled in the Parliament by Finance Minister (FM) Nirmala Sitharaman. She mentioned the present state of the economy of the country, and suggested some policy measu...
Leading newspapers have reported that the Narendra Modi government planned and dropped the introduction of the cryptocurrency bill in Parliament during the recently concluded winter session. Cryptocurrency and Official Digital Currency Rules Bill 2021 fundamentally aimed to limit the use of cryptocu...
Just about two weeks ago, the rupee went down in value and touched `76 per US dollar. The factors responsible for depreciation of the Indian currency are the focus of this article. In fact, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) had already finished its three-day bi-m...
The pandemic-hit the global economy has gone through turmoil for more than a year and the Indian economy is not an exception. However, the country's economy was facing a major downturn for the past five-six years - as the GDP growth dropped consistently.Recently, the Union government has published G...
The most important discussion among economists and observers is now regarding the possibility of the Indian economy reaching the pre-Covid level of GDP by end of FY 2021-22. But another equally intriguing question is whether the Indian economy is moving towards stagflation. What is stagflation? Stag...
A few days ago, RBI Governor, Shakti Kanta Das reportedly said that there were signs of economic recovery. According to him, consumption demand triggered by the festive season’s pent-up demand was the key factor responsible. Das believed business firms would encourage expanding their capacities an...
The Indian government is going to slash the number of rates of the Goods and Services Tax (GST) to three from five. This is a welcome move. It has been a longstanding suggestion by many experts and opposition partieslike the Indian National Congress that a large number ofGST rates is counterproducti...
Company ProfileKalyani Steels Ltd, is a part of the over $3.0 billion Kalyani Group. Founded in the year 1973, Kalyani Steels is a foremost producer of forging and engineering quality carbon & alloy steels using the blast furnace route. Over the years, the company has been constantly raisi...