Category Archives: Economics


India’s services sector contracted in November as per the Purchasing Managers’ Index India survey. As per the same survey, the Manufacturing sector was at a 13-month high in November What is Purchasing Managers’ Index? The Purchasing Managers’ Index (PMI) is Read more…


GDP is the total value of all goods and services produced in the economy in a given period of time. You may read: GDP Demystified for a better understanding of GDP. If we use current prices of goods and services to calculate GDP, we Read more…


Derivatives meaning A derivative is a financial instrument that derives its value/ price from the value of another asset, known as an underlying asset. The common underlying assets are stocks, bonds, commodities, currencies, interest rates etc. The basic types of derivatives are forward, futures, Read more…


Balance of payments (BOP) The Balance of payments (BOP) is the accounting record of all economic transactions between residents of the country and the rest of the world in a particular time period. These transactions are made by individuals, firms and Read more…


Yes, the move that was on the cards has finally been executed. No, I am not talking about Game of Thrones (Generic humour appeal at the start), but yes the newest member in the hall of fame for RBI governors. Read more…


With the budgetary session looming close, ‘fiscal deficit’ is a term you are expected to hear multiple times. So, we decided to write a post to demystify the concept for our readers. The Fiscal deficit is the gap between revenues Read more…


IIP or Index of Industrial production registered an increase of 7.5 % in January 2018. This article attempts to demystify this economic indicator.

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