The international crude oil prices have declined substantially since 2014. In spite of this, the prices of petrol and diesel in India have increased. (Read: Fall in International Crude Prices Explained) In March 2014, when the crude oil price was above $ 100 per barrel, the retail price of petrol was Rs. 73.16 per litre in Delhi. …
The GDP growth rate of India declined to a three-year low of 5.7 % in the March-June 2017 quarter. It was 6.1 % in the last quarter (Jan-Mar 2017). This is the slowest growth rate recorded in two years and has led India to lose its status as the world’s fastest-growing major economy to China. The …
It is too premature to conclude if the Demonetisation scheme of the Government is a success or failure. This post brings to you the arguments on both sides, without attempting to arrive at a judgment. (Before proceeding further, you can read these posts by Economyria: Demonetisation of currency in India: Explained The Impact of Demonetisation)
In a landmark ruling on 24th August 2017, the Supreme Court decided that there is a fundamental right to privacy in India. The judges affirmed that the Right to privacy is an intrinsic part of Article 21 of our Constitution that protects life and liberty. It is also a part of freedom guaranteed by Part …
Recently, the capital markets regulator SEBI (Securities and Exchange Board of India) directed stock exchanges to take action against 331 suspected shell firms listed on the exchange and to restrict their trading activities. These 331 companies are being investigated for tax evasion and corporate fraud. The list was based on the inputs provided by the …
All you wanted to know about the Government’s war against Shell companies Read More »
The Goods and Services Tax (GST) is all set to be rolled out from 1st July 2017. The 101st Constitutional Amendment Act, enabling the introduction of GST, was passed in the parliament last year. If you are not well-versed with the concept of GST, I suggest you read this article explaining the basics of GST: GST Explained …
On 26th May 2017, the SENSEX breached the 31,000 level for the first time. This post explains what Sensex means and how it is calculated in detail. What is SENSEX? The Sensex is primarily an index reflecting the movement of the share prices in the Bombay Stock Exchange (BSE). If the Sensex value goes up, …
What is SENSEX and how it is calculated?- Explained Read More »