One of the leading problems that the Indian Economy is facing is the alarming volume of stressed assets with the banking system. There are various ways in which these Non-Performing assets are tackled. After the introduction of Insolvency and Bankruptcy Code (IBC), it was believed that the resolution of...
The stock market has witnessed a roller coaster ride in the year 2018 touching all-time highs and then drowning below to hit bottom rocks. The year was of heavy actions with something or the other happening. Synopsis of market events: The BSE smallcap index was at peak during the advent January...
A state of Economic instability & Currency devaluation caused by various micro & macro-economic factors is termed as Currency Crisis. Imagine a situation in which your country has colossal amounts of foreign loans outstanding & at the same time, your currency is falling in value. Not only does currency...
On Sept, 19 Indian Rupee plummeted to the record low of Rs.72.97; the primary reason for such a fall has been the meltdown of the Turkish Lira and Argentine Peso. It has spurred the govt. into action to stop this freefall. India's current account deficit deteriorated from .06% of the...
One of the oldest and the largest companies in the world as of 2008, with their foot in almost everything. You name it, be it Power, Aviation, Healthcare, Technology, General Electric would be there. The company founded by the legendary Thomas Edison had always been a world power until...
The World Economic Order is unstable. Many countries are either on the verge of bankruptcy or have been freshly bailed out by the IMF. The relationship between the two largest economies, the USA and China is fraught with tension and fire amid the ongoing trade war. This wasn’t enough that a new problem...
Ten years ago, today, Lehman Brothers was spending its last day in the Financial spectrum as a going concern, ahead of a bankruptcy that served as an awakening to the financial system, to resurrect itself in order to avoid any further instances of a catastrophic ripple caused by a...
The benefits accumulated from India’s growth have been centered more on the fast-moving metropolitan cities, leaving out the countryside where more than 65% of our population lives. Naturally, people in cities have better access to financial, social and economic services. The rich have become richer and the poor have...
With the advent of the 21st era, Indian suburbs have witnessed unprecedented growth. People from rural areas have moved into well-curated societies to form cities that are developed like never before. Have you ever wondered where does your city stand in the ranking among others when it comes to development...
Ayushman Bharat euphemistically termed 'Modicare' is a National Health Protection Scheme which will cover over 10 crore poor and vulnerable families (approximately 50 crore beneficiaries) providing coverage up to 5 lakh rupees per family per year at any government or even empanelled private hospitals all over India for secondary...