About Mr. Warren Buffett: Mr. Warren Buffett, also known as the “Oracle of Omaha,” is one of the most successful investors of all time. Buffett is the chairman and CEO of Berkshire Hathaway, which controls over 60 businesses, including insurer Geico, battery manufacturer Duracell, and the food chain Dairy Queen. As the son of a …
Introduction: The Reserve Bank of India (RBI) is India’s central bank, also known as the banker’s bank. The RBI is in charge of the Indian government’s monetary and other banking policies. On April 1, 1935, the Reserve Bank of India (RBI) was established pursuant to the Reserve Bank of India Act, 1934. Since 1937, the …
RBI’s survey results: According to the RBI’s latest poll of household inflation predictions, median inflation forecasts for the three-month and one-year ahead periods have hardened by 50 basis points and 60 basis points, respectively. This did not dissuade the Monetary Policy Committee from maintaining an accommodative monetary policy stance, although with one dissenting vote. It …
Is it Safe to Invest in the Stock Market – September 2021 Read More »
Free Market Capitalism – A right way ahead? Capitalism: The one where innovation is encouraged. But, ultimately leads to inequality. Weirdly affecting the economy whilst creating efficiency. Capitalism has always been vilified. But, people tend to forget that the world’s largest economies have become so with the help of Capitalism. The US, Japan, and even …
The US debt problem: The United States of America has to date thrown in over 3 trillion dollars for COVID relief. Thus, increasing US National debt at such a rate never seen before. At the time of writing this article, the US National debt stood at a little shy of 26.5 trillion dollars. Thus, a …
Time for change in the US dollar based monetary system is here! Read More »
Are we at Recession? Yes, the Indian economy was already at a slowing pace due to both internal and external aspects and this pandemic has made things more severe than it could have been if not for this Covid-19 named virus. We are more than certain of the happening of recession. But, the extent of …