The Indian central bank seems to have hit multiple birds with one stone with this one stroke – preserving Forex, stabilising INR, enhancing liquidity and attempting to increase its acceptability as a global currency The Reserve Bank of India’s (RBI) decision to allow international trade settlement in Rupee is a welcome one and has far reaching consequences in promoting the […]
‘India is pioneering a new model of economic development that could avoid the carbon-intensive approaches that many countries have pursued in the past – and provide a blueprint for other developing economies,’ said Dr. Fatih Barol, Executive Director, International Energy Agency earlier in 2022. India is already the third-largest electricity consumer globally and also the […]
India’s banking sector has performed remarkably well on two important counts – it has been able to reduce its NPAs and secondly,the credit growth has been strong India’s economic fundamentals remain strong and it is likely that the country will emerge stronger despite ongoing economic and geo-political challenges in the form of high inflation, recessionary fears and the Russia-Ukraine war, […]
Numerous economies have to devise ways to bypass or at least mitigate the impact of a rising US Dollar; but it would be quite a task Global inflation is unrelenting and the ongoing Russia-Ukraine war has been adding fuel to the fire. While there are supply side constraints, the global commodity prices are hitting the […]
Traditional manufacturing and service-oriented industries are being disrupted in a manner which is unparallel in history. The fourth industrial revolution is driven by technologies such as artificial intelligence, autonomous robots, simulation, big data and analytics, augmented reality, the cloud, cyber-security, additive manufacturing, horizontal and vertical integration and the Internet of Things. The Fourth Industrial Revolution, […]
The contribution of farming to India’s GDP is 17 per cent. With over 60 per cent of the rural population still dependent on agriculture, the adoption and integration of technology can bring in a revolution in the sector and in the economy as well. Despite India being a leading producer of several crops, there is […]
The RBI’s Consumer Confidence Survey reflects a marginal improvement in March 2022 (-92.1) from January 2022 (-92.3) The Reserve Bank of India (RBI) recently released the Consumer Confidence Survey and its findings are encouraging in many respects. The survey finds that consumer confidence for the current period continued on its recovery path. The period of assessment has […]
European crisis takes a toll on India growth story as ongoing war offsets gains of ebbing Omicron virus Rising inflation has once again derailed the growth momentum for India and the rest of the world, thanks to the ongoing Russia-Ukraine conflict. The war has not only dragged for period far more than anticipated, there seems no […]
“Blockchain is the biggest opportunity set we can think of over the next decade or so” – Bob Greifeld, Nasdaq Chief Executive The above statement by the Chief of the world’s largest stock exchange demonstrates how potent the Blockchain technology is anticipated to become in a very short span of time. As per the global […]
The crisis has led to a turmoil in equity markets globally, including India; this has forced government to review its planned launch, pushing it to next financial year The much awaited public issue of Life Insurance Corporation of India (IPO) has been pushed back, thanks to the Russia-Ukraine crisis that has spoilt the stock market […]