The share price of GameStop has soared by around 8000 % in 6 months. GameStop is a video game retailer with 5000 physical stores across the United States. It has been struggling for years as people have moved online to buy games. Therefore, large institutional investors like hedge funds have been betting against it. Even …
The GameStop saga- Explainer on what’s happening in the stock market Read More »
On January 16th, 2021, Prime Minister Narendra Modi launched the world’s biggest COVID-19 vaccination drive. The government plans to inoculate three crore health officials and frontline workers in the first phase of the rollout, following which people aged above 50 years and those with co-morbidities will be identified and vaccinated. By August 2021, the government …
India’s COVID Vaccine Rollout and Vaccine ‘Maitri’ – All You Need to Know Read More »
A bad bank is a bank set up to buy bad assets of banks and financial institutions. The purpose of setting up a bad bank is to clean up the balance sheets of (good) banks so that they can focus on lending. The bad bank buys non-performing assets/ NPA (bad assets) from banks at low …
What is a Bad Bank in the Indian context?- Explained Read More »
The RBI launched Operation twist on 19th December 2019 to lower long-term interest rates in the economy. What is Operation twist by RBI? Operation twist is buying and selling of Government securities by the RBI simultaneously through Open Market Operations (OMO). Basically, the RBI sells short-term securities and uses the proceeds to buy long term …
Contrary to the expectations, the RBI did not cut the Repo rate in its monetary policy review in December. The current repo rate stands at 5.15%. The analysts expected RBI to cut the Repo rate to spur economic growth given that India’s GDP fell to 4.5 % in July-Sept quarter 2019-20. [Read: Repo, CRR, SLR, …
Hello everyone, thank you for reading my posts regularly. I have been writing on my blog for 4 years now. And I get a lot of texts from my readers on various platforms about how the blog helped them. I feel we should be able to reach out to a larger readership. So, if you …