Union Budget 2023 Regarded as one of the best Budget in over a decade. Definitely the case in all of Honorable Prime Minister Shri Modi’s 9+ years of government. The Modi government’s goals in the upcoming fiscal year of 2023–24 include growing capital expenditures (Capex) to fund the construction of roads, highways, and railway lines. …
Introduction to Indian Rupees: The rupee is India’s national currency just as the US Dollar is the US nation’s currency. But, the difference here is that the Indian rupee is used only in India and some neighboring countries such as Nepal & Bhutan as legal tender. The rupee is also used for trade with nations …
Rupee & Dollar Relations: Understanding Currencies! Read More »
What is the PLI Scheme? The PLI Scheme, which stands for “Production Linked Incentive Scheme,” is an initiative of the government of India. Its goal is to not only encourage Indian and foreign companies to set up shops in India and create jobs but also to get sectors and sub-sectors to work together and make …
What is Inflationary pressure? Inflationary pressure is when inflation affects both the supply and demand side of the economy and thus a general price rise is noted. Such a situation affects each and every part of the economy. Inflationary pressure forces an economy to adjust its demand and supply. Equity Market relation with Inflation: Speculation …
Inflation and its impact on the Economy & Stock Market: Read More »
What is Inflation? Inflation is nothing but “too much money following too few goods”. It is an act of inflating the money supply. It is to print more money into circulation. Thus, when few goods & services are produced, the money you hold becomes less in value. All around the world, inflation is taking hold. …
Introduction: Reasonably, the financial world and the investment community tend to be obsessed with interest rates. Interest rates are related to the cost of borrowing money from another party. Interest rates are determined by central banks worldwide. The Reserve Bank of India determines the repo rate in India. That’s the rate at which the Reserve …
Introduction: You might have heard the word Metaverse. It is getting quite a traction nowadays. Basically, Meta is a Greek word that means “beyond” and “verse” is something like the universe. So, metaverse means beyond universe or something like digital universe which is beyond reality, outside the reality into the “digital space”. So, let’s get …
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 …
What is a Recession? When economic activity drops significantly, broadly, and persistently, we call it a recession. Two consecutive quarters of negative growth in the gross domestic product (GDP) are often used as a rule of thumb to define a recession, while more sophisticated calculations are also in use. Recessions can have a domino effect …
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 »
