Tag Archives: RBI

Is the Indian Economy in Recession because of Covid-19 Pandemic?

The Indian finance minister Ms. Nirmala Sitharaman while addressing the annual general meeting of the Indian Chamber of Commerce (ICC) said that, While in early 2020 green shoots and revival signs of the economy were visible, it was upset with the pandemic setting in. the government has taken several of measures to support the economy […]

Is the Entry of Corporate Houses in Banking Sector a Real Worry?

RBI

Former RBI governor Raghuram Rajan and deputy governor Viral Acharya have jointly penned an article where they have criticized Narendra Modi government’s move of allowing big corporate houses to enter in the Indian banking sector. They said, Allowing Indian corporate houses into banking will lead to the concentration of economic and political power in these […]

Cost and Benefit of Investing in Government Bonds

In today’s highly volatile world, managing one’s financial resources to remain financially and economically secure is a top priority. We are in uncertain times like never before as no one knows what the next year or month or day will bring in front of us. Who would’ve thought that year 2020 will be a roller […]

Is Cashless Economy a Good Idea?

Cashless economy

Since long world government institutions like the IMF (International Monetary Fund) and the central bankers are pushing for an idea of a cashless economy (Agarwal et al., 2015). Harvard university Keynesian school economist like Kenneth Rogoff wrote a book on the subject The Curse of Cash! India’s popular prime minister Narendra Modi went as far […]

Gold/Silver and their Importance for an Economy and an Individual

Gold bar

Price of gold (and silver) is going up recently. The price of gold has risen from under 40,000 rupees per 10 gram to 54,000 rupees in these few months time. Internationally also price of an ounce of gold has breached historic US$2000 level. What is driving prices of gold and silver higher in India and […]