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Introduction One of the most feared word among economist and government is “recession”. All central banks (across globe) work in sync to avoid possible recession scenarios by taking necessary corrective steps time to time.  In this article, we will dig deep on how and why do a country goes into recession, and what can it

Introduction GDP (Gross Domestic Product) is one of the most important metric in measuring economic position of any country. It is calculated as market value of all goods and services produced over a period of time (often annual). Do you know one of the best sources of Nabard grade a books and reading material are

The East Asia Summit (EAS) is a unique regional forum of 18 countries of the Asia-Pacific region, established to promote regional peace, security and prosperity. EAS has grown into a platform for strategic dialogue and cooperation on political, security and economic issues. EAS is an initiative of ASEAN and is based on the premise of

Department of Industrial Policy and Promotion under the Ministry of Commerce and Industry releases the FDI Policy Circular whenever there is a big change in the FDI policy of the government. In this article, you will find concise information regarding FDI allowed in various sector. This information becomes handy in Exams like RBI GRADE B, UGC

Background: USA has imposed sanctions on Iran which covers Iran’s energy and banking sector and disallowed any countries to deal with Iran in these two sectors USA has granted exemptions to the eight countries including India, China, Italy, Japan, Turkey, South Korea, Greece, Taiwan from the sanctions. US has also said that these two Asian

It is estimated that imports bill of electronics will overtake the imports bill of oil by 2022 in India; only 30-40% of the electronic products are manufactured domestically. Indian electronics industry is one of the largest and fastest growing industries in the world. In 2015, despite global slowdown it reached a market value of $75

Indian Rupee standing against Dollar is not hidden from anybody – Crashing day by day. See the above chart. Presently Dollar value is hovering between Rupee 73 and Rupee 74. It was somewhere around Rupee 59 in May 2014. From there it has climbed to around 74 during the recent time (a jump of around

Decision/ Observation Kept Policy rates unchanged to previous level Repo rate = 6.5% Reverse Repo rate = 6.25% MSF rate = Bank Rate = 6.75% LAF corridor = 0.25% Policy Rate Corridor = 0.5% Stance -> Calibrated Tightening. GDP growth projection retained at 7.4% as was on August (3rd) Monetary Policy. Lowered inflation projection for