Finance and Economics

It is heartening to note the resumption of economic activities with the gradual relaxation under lockdown owing to the COVID-19 pandemic. A third of NSE manufacturing companies are at work; nearly 30% of the textile industry in Surat have…

On 27th March the Reserve Bank of India (RBI) announced a series of steps to manage financial markets and support the economy amid the COVID-19 outbreak. Unprecedented measures were announced to ensure ample liquidity in the banking system…

Pandemic Covid-19 has led global economy towards a recessionary downfall. The fifth largest, Indian economy in terms of nominal GDP although managed to maintain lowest human capital loss (approx 3%) by its precautionary measures in the…

The Central Government has unveiled the details of an economic package worth Rs. 20 lakh crore or 10% of India’s GDP in 2019-20, aimed towards achieving the mission- Atmanirbhar Bharat Abhiyan. What possibilities it can bring for the…

At the stroke of mid night of 14th August 1947, Pandit Jawaharlal Nehru in his iconic speech “Tryst with Destiny” invoked the dreams of Gandhiji, “to wipe away tears from every eye”. Nehru said “that may be beyond us but as long as there…

Eighty years back, John Maynard Keynes wrote “The boom and not the slump is the right time for austerity at the treasury”. As Indian economy gropes in recession, with GDP numbers plummeting to 6.1% and 5.7%, during the last quarters, the…