The Credit Induced Crisis The tightening of its rules in the real-estate sector [1] by the Chinese Government, to control the debt levels and speculation, initiated trouble for Evergrande. Evergrande, once
Category: Economy
Grocery Platforms: Phygital or digital?Grocery Platforms: Phygital or digital?
Can Mom and Pop Kirana stores coexist and co-work with E-commerce marketplace giants like Amazon, Flipkart, Reliance (Jiomart) or Tata Digital? Source: Freepik For Mrs. Desai, who lives in Ahmedabad,
Budget 2021: Growth Beckons!Budget 2021: Growth Beckons!
Against the backdrop of the disruption caused by Covid-19 to an economy that was already weak with growth tapering, as everyone looked forward to a budget that prioritizes growth over
Emergency Credit Line Guarantee Scheme for MSMEsEmergency Credit Line Guarantee Scheme for MSMEs
With around 63.4 million units in total, MSMEs contribute around 6.11% and 24.63% of the manufacturing and services GDP respectively. They have been able to provide employment to around 120
Constraints preventing India from a better stimulus packageConstraints preventing India from a better stimulus package
Background India has announced a five tranche fiscal package focusing on MSMEs, NBFCs, power sector, and farmers & migrants titled ‘Atmanirbhar Bharat’. However, India’s fiscal package of Rs. 12 Lakh
Suspension of H1-B visas may be a blessing in disguise for Indian IT industrySuspension of H1-B visas may be a blessing in disguise for Indian IT industry
Background India’s IT industry revenue was around US$ 191 billion in FY20 at 7.7 per cent growth y-o-y. It is estimated to grow to US$ 350 billion by 2025. Moreover,
Reforms in the rural sectorReforms in the rural sector
Introduction This will add to the existing population in rural areas which is home to 70% of Indians. The migrants who return home after almost two months of lockdown, with
Reactions to COVID-19 by various economiesReactions to COVID-19 by various economies
According to the IMF’s April 2020 World Economic Outlook, the global economy is set to contract by 3%. Within this subset, advanced economies are expected to contract by 6.1% while
NBFC crisis and the measures announced through Atmanirbhar BharatNBFC crisis and the measures announced through Atmanirbhar Bharat
I. Background The crisis in the Non-Banking Financial Companies (NBFC) sector has been in the making for the past couple of years. While a series of default by well rated
Coronized Financial Report 2019-20Coronized Financial Report 2019-20
The purpose of financial reports is to present a true and fair picture of the financial performance and position of a business entity. True — implies that the financial statements