Interim Budget, 2019- 2020; A Review

Digging Through Politics with Economics There’s nothing interim about the interim budget of 2019-2020. On 1st February 2019, the finance and railway minister Piyush Goyal announced the interim budget of 2019-2020. Just looking at the headlines of the budget, it does look extremely pleasing for a developing country like India and no doubt that the […]

Arcelor Mittal’s take over of Essar Steel to Steroid boost the Indian Economy & Banks

ArcelorMittal’s take over of Essar Steel to Steroid boost the Indian Economy & Banks ArcelorMittal was created by the takeover of Western European steel maker Arcelor (Spain, France, and Luxembourg) by Indian-owned multinational steel maker Mittal Steel in 2006, at a cost of approximately $33 billion total. The resulting merged business was named ArcelorMittal and […]

India is growing faster than China, what propels our country to do so?

India will continue to be the world’s fastest-growing large economy in 2019 and in 2020. The nation is growing at a brisk pace and it is well ahead of China, says UN report. According to the UN’s World Economic Situation and Prospects (WESP) 2019, India’s GDP growth is likely to increase to 7.6 per cent […]

Air India to Sell its Air India Express and SATS First

Air India has recommended to the government that its low-cost subsidiary and ground-handling unit be sold first so that it improve the airlines position, which would otherwise lead to disinvestment. They recommended a failed plan to sell the debt-laden, state-owned airline earlier this year. Air India which was previously to be sold along with Air […]

India’s Air Strikes in Pakistan create stir in Sensex & Nifty

Headline indices Sensex and Nifty opened with deep cuts on Tuesday, as escalating tensions between India and Pakistan spooked investors on Dalal Street. This was on account of IAF’s (Indian Air Force) air strike on 12 Jaish-e-Mohammad (JeM) terror camps that the Indian indices witnessed heavy sell-off on Tuesday intraday trade. The BSE Sensex plunged […]

Stock Market Crash: Investors Lose Rs 4 Lakh Crore

The article is about the Sensex crash which took place on 11th October, 2018. The FII’s started selling their stocks at a fast rate which led to the plunge in the price of the domestic stocks. The reasons for this crash were global market crash, FII putting pressure on equities, Donald Trump on Federal Reserve […]

R Com- The End of an Era

From a formidable player nearly 15 years ago, Reliance Communications is a textbook case of how corporations fall with the shift in technologies and competitive landscape. Anil Ambani-controlled RCom has recently informed the stock exchange that it will be filing for the bankruptcy proceedings in the NCLT (National Company Law Tribunal). The decision has come after the telco […]

Artificial Intelligence and Economy

We review the evidence that artificial intelligence (AI) is having a large effect on the economy. Across a variety of statistics, including robotics shipments, AI startups and patent counts. We also review recent research in this area which suggests that AI and robotics have the potential to increase productivity growth but may have mixed effects […]

The Crash Of Vakrangee

Vakrangee is a technology-driven company, focusing on creating India’s largest network of last-mile retail point-of-sale, to potentially enable every Indian to seamlessly benefit from financial inclusion, social inclusion, Digital India, Skill development, Employment, Government programmes and wider access to basic goods and services. Has confirmed that the Ministry of Corporate Affairs (MCA) has ordered inspection […]

Jet Airways: An Update

The reports of Tata Group buying a large stake in the loss-making Jet Airways have set the tongues wagging. The salt-to-software conglomerate is reportedly mulling over buying 26 per cent stake in Jet, and another 26 per cent via open offer at a later point. The stake purchase is expected to make Tata Group the second biggest […]