The History of Banking in India dates back to before India got independence in 1947. The financial system has been around for almost as long as civilization itself, and the Indian banking system is no exception. Read here to learn about the history of banking in India. A nation's financial system … [Read more...] about History of Banking in India
Economics Notes
Space Economy: The booming sector
The term ‘space economy’ covers the goods and services produced in space for use in space. India is one of the very few countries that have built end-to-end capability in Space. As a result, there is a huge demand for Space-based services which have huge commercial potential. Read here to learn more … [Read more...] about Space Economy: The booming sector
Loan Loss Provisions
What is contained in the paper proposal released by RBI about the Loan Loss Provisions? What are the framework and benefits of this approach? What are the problems associated with it? Read further to know. The Reserve Bank of India has released a discussion paper proposing the use of the expected … [Read more...] about Loan Loss Provisions
Ports and Shipping Industry in India
The Ports & Shipping industry in India is growing rapidly and contributing to economic progress. The ports sector in India is being driven by high growth in external trade. Read here to know the significance of the Indian Ports and Shipping sector for economic progress. India has a coastline … [Read more...] about Ports and Shipping Industry in India
Bank Run: Cause and Prevention
The news of the Silicon Valley bank collapse in the US has revived the issue of a bank run and its effects on the economy. A bank run is being said as the primary cause behind the second-biggest bank failure in US history. Read here to learn about a bank run, its causes, and its effects. Silicon … [Read more...] about Bank Run: Cause and Prevention
Economic Recession: Causes, Types and Impact
The world is looking at another economic recession in 2023 according to most of the economic data released so far. According to WEF, the economic outlook for 2023 will feel different depending on where you are in the world. Read here to understand recession and the related terminologies. Since … [Read more...] about Economic Recession: Causes, Types and Impact
Shapes of Economic Recovery
The shapes of economic recovery are often discussed in the current affairs of the country. You may have read that India's recovery after the coronavirus pandemic is likely to be a K-shaped one instead of a V. What is Economic recovery? What do K, V, U, L, and W-shapes recoveries mean? Read here to … [Read more...] about Shapes of Economic Recovery
Public Debt: Overview
Debt can be simply understood as the amount owed by the borrower to the lender. The total financial obligations of the public sector make up a nation's gross government debt, also known as public debt or sovereign debt. Read here to learn about public debt, debt instruments, and debt management as … [Read more...] about Public Debt: Overview
Debt Sustainability
Debt sustainability is important in allowing lenders of funds to understand the risk profiles of the countries that they are lending. A country has debt sustainability if the government can meet all its current and future payment obligations without exceptional financial assistance or going into … [Read more...] about Debt Sustainability
Indian Pharmaceutical Industry
The Indian Pharmaceuticals industry plays a prominent role in the global pharmaceuticals industry. India ranks 3rd worldwide for production by volume and 14th by value. Read here to learn more about the Indian Pharma sector. India is the largest provider of generic medicines globally, occupying a … [Read more...] about Indian Pharmaceutical Industry