Economics Notes

RBI has recommended a few changes to Prepaid Payment Instruments (PPIs) governance. PPIs are an integral part of India’s journey towards cashless transactions in the country. It's important to advance the digital economy of the nation as well. Read here to learn more about PPIs. The RBI has been … [Read more...] about Prepaid Payment Instruments (PPIs)

Foreign Portfolio Investment (FPI) is frequently used in business and economic aspects. What does it mean? Why has SEBI recently proposed additional disclosures from FPIs? Read here to learn more about FPI. A consultation document on new rules for further public disclosures by foreign portfolio … [Read more...] about Foreign Portfolio Investment (FPI)

The financial regulators are shifting from LIBOR, a global benchmark interest rate. What is the contentious issue involving the global benchmark interest rate? How is this related to the global financial crisis of 2008? Read here to understand more. According to the RBI, several banks and … [Read more...] about LIBOR (London Interbank Offered Rate)

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

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

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

The Ports and 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

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

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

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