Tag Archives: economics

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The Rupee Dilemma

Date first published: July 28, 2018 We have all heard stories about how, before Independence, the Maharajas used to live the good life abroad and wondered how they could do so when logic says everything foreign was so expensive. Instances of one such Maharajah, who bought a Rolls Royce or maybe a fe...
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The Rapid Rise of Interest Rates

Date first published: August 29, 2018 So, the mandarins in the Reserve Bank of India (RBI) met and took a decision on the interest rates. And the decision was to raise interest rates. Base interest rates are of two kinds – the Repo and the Reverse Repo. The Repo is the interest rate charged by [&h...
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The grand election festival is over. Let’s move on.

The grand nationwide jamboree lasting nearly 3 months is done and dusted. I, like many others have been glued to all kind of screens – the television, the office desktop, the laptop and the mobile and have consumed hours and hours of television and social media content. So has a large part of the ...
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The Current Account Deficit. Is it important any more for us?

We all keep on hearing of the Current Account Deficit close to budget time and then sometimes when we switch on the business channel. Most of us know what it is – a measurement of a country’s trade where the value of the goods and services it imports exceeds the value of the products it export...
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Wars, Elections and such irritants.

When was the last time you have seen a year go by without a war in some form or the other, in some scale or the other happening somewhere around the world. The famous political theorist, Francis Fukuyama, famously commented: the end of the Cold War marked “the end of history,” a triumph of ca...
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Durga Pujo – The Mega economic event every year

Durga Pujo. Ask any Bengali or a Kolkatan and she will turn misty eyed. Enquire after anyone living in Bengal or perhaps the eastern part of the country and she will be busy either making (selling) or buying in the days and weeks leading up to the pujo. There is hectic activity all around and [&hell...
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