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The 2017 Annual Report of the Reserve Bank of India (RBI), declaring 99% of demonetised notes as having returned to the banking system, kicked off the ongoing economy debate for real. This discourse reached its inflexion point last week when the former Finance Minister Yashwant Sinha penned a harsh...
After UP, Punjab and Maharashtra, the Rajasthan Government in its recent announcement, accepted the farmers’ demand for a Rs.39,000-crore loan waiver. Agriculture is facing a serious crisis in India. The associated hopelessness with agriculture is due to myriad factors causing grave distress to the sector. If we look at current...
The memories of sharply depreciating rupee in mid of 2013, sending panic waves to both government (Widening CAD) and investors( Market crash and Capital flight) are not over yet, and here we are again, in 2017, facing another rupee valuation crisis but this time another way around, which is...
At the eve of independence, the nation was into a state of deep crisis and so it's people. Agriculture sector on which almost all the population was dependent for its livelihood was also severely distressed due to exploitative high levels of rent or revenue demand from the land( varying...
Though the debate is still going on the overall effects of demonetisation drive on Indian economy but the RBI has cleared the air in its annual report by stating that demonetisation was one of the key reasons of central bank's lower profitability this year. The central government has also...
The recent annual report of Reserve Bank of India (RBI) has again stirred the public debate on the impact of demonetisation on the economic health of the country. The report categorically states that 15.28 lakh crore, or 99 per cent of the Rs.15.44-lakh-crore scrapped currency notes, had come back...
The stock market continues to cheer with a long bull run. The benchmark indices like Sensex and Nifty have reached to their historic all-time high. That is well and good but the markets are getting riskier with each trading session as valuations do not seem to be supported by...
Since the Reserve Bank of India(RBI) have initiated asset quality review in the second half of 2015, almost a sixth part of gross advances of Public Sector Banks(PSB) have come under the head of stressed assets and a significant majority of these are non-performing asset(NPAs). The outcomes of Asset...