Why is Privatization of Public Goods important?
Economy

Why is Privatization of Public Goods important?

There are a lot of goods and services that an individual needs for survival. As Maslow says, 'Physical needs, Safety, and Security, Belongingness, Self-esteem and Self-Actualization" in that order are needed for one's wellbeing and realizing his true potential.

Continue Reading about 5 months ago
What is the future of Steel Industry in India?
Economy

What is the future of Steel Industry in India?

Steel Industry is the backbone of the Indian Economy. While the government of India has always taken concrete measures to make the industry competitive, the industry is often found amidst a plethora of challenges.

Continue Reading about 5 months ago
Indian Economic Sectors and the ‘Manufacturing’ Lag
Economy

Indian Economic Sectors and the ‘Manufacturing’ Lag

Understanding the economy and economic growth is not an easy task. To compute its input and output is even tougher. Economists have broken down this entire system into simpler sectors for easier analysis.

Continue Reading about 5 months ago
What can the Government do for boosting Indian Economy?
Economy

What can the Government do for boosting Indian Economy?

Whenever the critics of the government or its policies debate over the TV, we are left waiting for one reasonable answer; the answer to what shall change the system or what kind of policies can lead us to a better future.

Continue Reading about 5 months ago
IRCTC IPO: Can it be another D-Mart?
Investing

IRCTC IPO: Can it be another D-Mart?

Who doesn’t remember the D-Mart IPO? The hype, which surrounded it, the oversubscription and everything else. Recent IRCTC IPO is reflecting similar vibes and looks like the history is repeating itself. But, nothing can be said with 100% surety and therefore, the future of IRCTC is still veiled. Even though, the company is backed in its monopoly by the government itself and enjoys entire market share. But, who knows what’s on cards?

Continue Reading about 5 months ago
Corporate Tax Slashed: An Early Diwali for Corporates
Economy

Corporate Tax Slashed: An Early Diwali for Corporates

A significant bang reform has been introduced by the Finance Minister Nirmala Sitharaman on 20 September 2019. A reform that has been called "historic" by the Prime Minister himself because it will stimulate the market for the "Make in India" scheme. Many experts believe that this tax reform will eliminate the gloom surrounding the Indian economy.

Continue Reading about 6 months ago
Why is RBI cutting Repo rate constantly?
Investing

Why is RBI cutting Repo rate constantly?

Based on current and evolving macroeconomic situations, the Reserve Bank of India’s monetary policy committee decided to cut the repo rate under the liquidity adjustment facility by 35 basis points from 5.75 percent to 5.40 percent. This is the fourth time in a row that the RBI has cut the repo rate this calendar year (2019). In the last three monetary policy reviews, the rate cut is by 25 basis points. Repo rate is the benchmark-lending rate at which the central bank of the country lends money to commercial banks for about 7 to 14 days in the event of any shortfall of funds. The repo rate acts as a floor below which the short term interest rates don’t go. The repo rate is used by the central bank to control inflation. A decrease in repo rate means lower cost of short term money which reduces the EMIs on home and auto loans and the debt repayment burden, boosting economic growth.

Continue Reading about 7 months ago