Wednesday, March 20, 2019

Business

A Decade of the Global Financial Shock: The Aftermath

On January 27, 2010, Barack Obama officially declared the stabilization of U.S markets. Most of the stock markets were around 75 percent higher than at the time of financial breakdown, but the real challenge was during the 3 years before this. We all know about the Subprime Mortgage Crisis in U.S which led to Global Financial crisis in 2008,...

Factors affecting Indian Markets and Economy part IV- The International Affairs (1)

In the previous articles, we have seen that how elections, budget and crucial geopolitical situations like war and a surgical strike can impact the Indian financial markets and economy. This article states the broader aspects with regards to international affairs like Presidential elections, changes in policy, the economic crisis of a country and how it has the potential to...

Factors affecting Indian markets and economy part III: The Budget

The financial market is the mirror of a country’s economic health. Each economic activity, that takes place in a country or outside it, affects the behaviour of markets. Investors predict the course of the market with regards to financial events and their future outcomes. When it comes to such economic events, the budget has always topped the list. The...

India’s banking sector is gasping for air after a spate of scandals

Credit rating agency Brickwork Ratings announced last month that six Indian banks have received downgraded ratings due to drastic reductions in non-interest incomes. The news comes at a time of turmoil for the Indian banking sector, which has been the subject of several scandals over the past few months, including the evergrowing issue of Non-Performing Assets (NPAs) and bad loans. Downgraded...

Factors affecting Indian markets and economy Part II: Surgical strikes and wars

Whether it is the Kargil conflict of 1999, Indian parliament attack in 2001, or the recent surgical strikes on Pakistan in 2016 and on Myanmar in 2017, these events stand to be very crucial for India, not only for the geopolitical purpose but also because they possess the power to affect India’s economy and its financial markets. Even if...

Factors affecting Indian markets and Economy Part I: the Big Fat Elections

There is a quite not-so-heard theory about elections, known as Presidential Election Cycle theory. Although it was developed keeping America in mind, we can apply some of its points to India as well. The theory was the creation of Yale Hirsch in the mid-1900s, where he stated that the first year after the elections is the weakest for the economy...

Nirav Modi scam fallout: Government mulling the plan for public sector banks

For a long time, we have been crashing with the news of how Public Sector Banks (PSBs) are covered with turmoil, especially after the fraud of Punjab National Bank. There have also been talks about merging PSU banks, but finally, Government has taken a pause to eliminate all such possibilities as of now. Reform agendas over bad loans Bad loans and...

Good news for the Indian economy: February Inflation anticipated to hit a four month low

2017 had been a great year for India also because in late 2017, India was announced as world’s fastest-growing major economy and that of course puts India at a greater position. Also, as per Economic survey 2018, India’s Gross Domestic Product is estimated to be between 7-7.5, and adding to it the recent news that the Inflation rate for...

Centre to change the base year of GDP, IIP and CPI to 2017-18

In 2015, the Central Statistics Office (CSO) under the Statistics Ministry had changed the base year for the Gross Domestic Product (GDP) from 2004-05 to 2011-12, and now again the base year is about to get revised. In June last year, the Statistics and Programme Implementation Minister of India D.V Sadananda Gowda had said in a press conference that...