Reserve Bank of India (RBI) launched the first pilot of the digital rupee on November 1, 2022 The project focuses on the settlement of secondary market transactions for government securities. As per the statement by RBI, Digital Rupee will also be used for retail transactions soon. The Central Bank of India commenced the pilot launch […]
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Corona Virus is not only the killer of several innocent lives it has also victimized many businesses. Long-standing businesses in glass corridors to tiny corner retailers behind glass mirrors have shut their doors due to the wake of the pandemic. The year 2020 came out to be a disturbing time to be associated with any […]
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Revenue to expenditure gap in India is the cause of fiscal deficit. The central government is trying to bridge the gap, but how? Fiscal deficit is expressed in terms of Gross Domestic Product (GDP), which ran 4.6% higher than the expected 3.5% planned by the central government in 2019-20. The government ended up with ₹20.1 […]
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On June 23, 2016, the UK held a referendum where the public voted in the favour of Brexit. Soon after the results, the then-prime minister David Cameron resigned from the position as he was not in the favour of Brexit. Pc: The Times What is Brexit? In 1993, a regional community was created with the […]
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The covid-19 outbreak has validated that the pandemic and other rarely occurring catastrophes similar to it, can be extremely real and impact businesses. Learning from the past, we can say that it can happen in the future too. However, we may not have the ability to prevent these viruses from emerging but we can prepare […]
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Women have been a part of the undervalued system poured on them systematically from historical times. The capitalist system dismisses them as productive and valuable. The major impact of this is observed in domestic labor. Women are expected to impart unpaid domestic labor in non-domestic settings, socially degrading them in terms of emotional labor. Change […]
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The banking sector is crumbling due to instability and high volatility created by Covid-19 in global capital markets. As the world is combating the virus, the economy is going to hit harder downwards in the coming months leaving an adverse effect on the banking systems. After what happened in late 2007 and 2008 citizens are […]
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G20 was established in 1999 to promote financial stability internationally, comprising of global leaders, think tanks, and businesses around the globe’s major economies. The countries included in G20 altogether form a Major portion of global GDP (85 percent), global trade (80 percent), and the global population (75 percent). A single action by the impact of […]
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