Capital Account refers to a long-term account in the Balance of Payments Account. India currently has partial capital account convertibility. Capital Account convertibility has both positives and negatives....
Multilateral Development Banks (MDBs) refer to international financial institutions that provide development and other assistance to nations of the world like the World Bank, IMF, BRICS Development Bank,...
The Reserve Bank of India is facing a strange problem of diminishing returns on its rate cuts. In under a year, Shaktikanta Das led Monetary Policy Committee (MPC)...
Air India once operated in a near monopoly environment, but with the increase in competition it has witnessed a gradual decline in the last four decades. The government...
The year 2019 saw presentation of two budgets where in the Government came out with decisive policies in the prevailing situation of economic and trade uncertainty. The changes...
The Finance Minister has unveiled plans to invest INR 102 lakh crore on infrastructure projects by 2024-25. This, according to the government, is a much-required push for India...
The cabinet committee on economic affairs (CCEA) has recently approved the strategic disinvestment in BPCL and four other PSUs. These profit making public sector undertakings (PSUs) are being...
Parliament has recently passed the three labour code bills – the Occupational Safety, Health And Working Conditions Code, 2020, the Industrial Relations Code, 2020; and the Code on...
An International Financial Services Centre (IFSC) results in bringing the financial services and transactions to India which are currently being carried out in offshore financial centers by corporate...
Operation Twist is the name give to the monetary policy operation of the US Federal Reserve. It involves the sale and purchase of government securities to boost the...
