European crisis takes a toll on India growth story as ongoing war offsets gains of ebbing Omicron virus Rising inflation has once again derailed the growth momentum for India and the rest of the world, thanks to the ongoing Russia-Ukraine conflict. The war has not only dragged for period far more than anticipated, there seems no […]
“Blockchain is the biggest opportunity set we can think of over the next decade or so” – Bob Greifeld, Nasdaq Chief Executive The above statement by the Chief of the world’s largest stock exchange demonstrates how potent the Blockchain technology is anticipated to become in a very short span of time. As per the global […]
The crisis has led to a turmoil in equity markets globally, including India; this has forced government to review its planned launch, pushing it to next financial year The much awaited public issue of Life Insurance Corporation of India (IPO) has been pushed back, thanks to the Russia-Ukraine crisis that has spoilt the stock market […]
The government’s aim to encourage the ‘Make in India’ scheme received yet another boost late last year when the Production Linked Incentive (PLI) Scheme was announced for the textile industry. Currently, the total contribution of India’s textile and apparel industry is less than 5 per cent of its GDP even as it provides employment to almost 100 million people, both directly and indirectly. The PLI scheme is to bring growth in production of manmade fibres and technical textiles for […]
Fears that gold price could see a sharp downturn in the aftermath of aggressive interest rate hikes by US central bank loomed until Russia-Ukraine conflict emerged as a face saver Gold remains on tenterhooks ahead of the US Federal Reserve’s scheduled meeting on 16 th of March where the central bank is expected to announce […]
Russia – Ukraine War and it’s impact A 10 per cent rise in crude oil prices could lower India’s GDP growth by 0.2 percentage points; on the retail inflation front, the impact is between 0.5 and 0.6 per cent. The ongoing Russia-Ukraine conflict is already having its impact on the global energy supply and prices. Brent Crude hit […]
Hydrogen Energy in India Green hydrogen, produced from water and clean electricity, is crucial for the world’s emissions reduction goals. India should make an earnest effort and be a first mover in the future of energy. It lost out to other countries in manufacturing, especially to China. No such mistake should be repeated as too […]
The Indian central bank resisted the temptation to alter its stance and go ahead with changes in policy rates; the move was unlike many of its peers in other economies RBI Policy Rates The Reserve Bank of India’s (RBI) February Monetary Policy is a bold statement where the central bank has chosen to stay with growth instead of worrying too […]
Government sees it as a potential revenue source and hence the decision is to tax profits in budget speech even in the absense of a law on it Cryptocurrency Taxes in India Union Budget 2022-23 is being dubbed as a budget for growth. It came without much fanfare and noises and was one surely without screaming headlines. […]
BUDGET 2022 India has been one of the biggest beneficiaries of FII money over the past one and half years. Rate hikes could trigger an outflow for greener pastures. After having a dream run over the past one and half years, markets across the world are now showing signs of nervousness. While the US Federal […]
