China’s Economic turbulence: A dragon at rest? China, the world’s second-largest economy, has been making headlines for all the wrong reasons lately. The dragon’s mighty roar seems to have turned into a subdued purr as it navigates a series of economic challenges. Economic indicators data hush-up One notable move is China’s decision to stop publishing …
The Dragon’s Rest: What’s Slowing Down China’s Economic Growth? Read More »
Silicon Valley Bank (SVB) was the 16th largest commercial bank in the US Today, it is no more SVB was based in California, US, and its collapse is the biggest financial disaster since 2008 [You may also read- the financial crisis of 2008 simplified] Silicon Valley Bank collapsed because depositors rushed to withdraw their money, …
Why did Silicon Valley Bank Collapse? – Explained Read More »
The one big takeaway from the Union Budget 2022 is the increase in capital expenditure (capex). The capital expenditure outlay has been increased by 35.4 % for 2022. It is expected to go up to Rs 7.50 lakh crore in FY 2022-23. This includes Rs 1 lakh crore earmarked as special borrowing by states to be …
What’s this capex multiplier mentioned in the budget 2022? Read More »
Finance Minister Nirmala Sitharaman presented the Union Budget for the year 2022-23. Considering elections in key states like UP etc, it is surprising that the budget did not resort to populist announcements. The budget unveiled a long-term focus on the economy. The FM in her speech referred to the Amrit Kaal (that is, in 25 …
The Government announced the National Monetisation pipeline (NMP) in August 2021 to raise Rs. 6 lakh crore over the next 4 years (that is, by 2025). This amount raised would be utilized to fund infrastructure spending in the country. (new infrastructure spending is known as greenfield investment/project. These projects start from scratch). Hence, it will …
What is the National Monetisation Pipeline?- Explained Read More »
LIBOR was one of the most important financial numbers in the world and it is being discontinued. This article explains what is LIBOR and why is it going away in a simplified way. What is LIBOR? It is the London Inter-Bank Offered Rate It is the interest rate at which major banks in the world …
What is LIBOR and why is it going away? – Explained Read More »
Wifi…Hifi…Sci-fi…DeFi…erm what? You may or may not have come across the term Defi, depending on the size of the rock you have been living under. What is DeFi? Elementary, my dear Economyria readers.DeFi is the opposite of CeFi. Confused?We’ll try to explain DeFi to you at the most basic level. Before we delve into DeFi, …