Introduction Amidst a lot of excitement, our Education Minister released the New Education Policy 2020 on July 29th. This 66-page revolutionary document seeks to undo the damage caused to our education system over the years through disastrous policies. It looks at various ways to revive India’s ailing school system through concerted and targeted measures that …
How NEP 2020 deals with the private school conundrum? Read More »
What’s the issue? The Central Government hasn’t paid the states their share of GST revenues. Apparently, the Union Finance secretory told the Parliamentary panel on finance ministry that “the central government is in no position to pay the share of the states” Though, the Government cleared the pending dues (of Rs 13,806 crore) for 2019-20 …
The Government has no money to pay states their GST share Read More »
The Quad or Quadrilateral security dialogue is an informal strategic group that includes four maritime democracies in the Indo-Pacific region- India, Australia, the US, and Japan. It seeks to increase cooperation and coordination amongst the member countries to preserve a “free and open” Indo-Pacific region This grouping was initiated by Japan in the year 2007. …
What is Quad? And will Australia join the Malabar exercise? Read More »
The inner workings of foreign currency exchange (FX or forex) markets are extremely complicated. That’s because they are affected by a wealth of micro and macroeconomic factors. It’s because of this dependency that the COVID-19 pandemic has caused an extreme rise in volatility in the global FX market. As a result, this affected every economy …
Foreign Currency Exchange Markets and Their Risks Explained Read More »
The Gold prices in India continued their rally this week and hit an all-time high of Rs.51,500 per 10 gms. This is the first time that gold prices have crossed the barrier of Rs.51000. Gold prices have surged over 30% so far this year. This is surprising considering that the demand for gold in India …
Introduction to Grey Market. Grey Market and IPO market are two different markets. IPO is an official market for corporates to raise funds via a new issue of shares whereas Grey market is an unofficial market and operated outside the ambit of SEBI regulation. Grey market is an unofficial setup or an over the counter …
Everything you wanted to know about IPO Grey market Read More »
Early in the crisis, many analysts talked of a V-shaped recovery. Now, it is becoming increasingly clear that we’ll be in a prolonged slowdown. The economic recovery trajectory after a recession, when plotted in a graph assumes different shapes. These shapes (GDP plotted in a graph) are denoted using different alphabets or shapes that they …
Shape of India’s economic recovery- U, V, W, L, Z, or swoosh? Read More »