Indian Economy & Business Analysis

Against total receipt of Rs 27.1 lakh crore, central government is projected to spend nearly Rs 45 lakh crore in FY24. Other than interest payments, broad areas which account for…

The Budget proposal projects total expenditure of Rs 45 lakh crore against receipt of Rs 27.1 lakh crore for the year 2023-24 or FY24. This implies fiscal deficit of Rs 17.9…

The budget for the year 2023-24 presented by the finance minister today has been quite pragmatic with no populist measures taken. This was widely expected considering that it was the…

IDBI Bank has been in the news due to government’s plan to divest its holding. This follows bank’s revival after being under RBI’s PCA for an extended period of time.…

Financial system is a network of institutions such as Banks, NBFCs, HFCs, Insurance companies, Mutual Funds and so on, connected with each other as borrowers or lenders. While the interconnectedness…

Cement Industry had been in the news recently with acquisition of Ambuja Cement and its Subsidiary, ACC, by Adani group. In another development, Dalmia Bharat announced agreement for acquisition of…

Cooperative banks form the third pillar of India’s financial structure. These are further classified as urban cooperative banks (UCBs) and Rural co-operative banks (RCBs). Both urban and rural cooperatives played an…

NBFIs (Non-banking financial institutions) form the second pillar of financial structure further grouped into All India Finance institutions (AIFIs), Non-Banking Finance Companies (NBFCs) and Primary Dealers (PDs). NBFCs are the…

Indian financial sector withstood the shock of Covid and with resumption of economic activity, has seen significant increase in credit growth. Public sector banks (PSBs), reeling under the NPA overhang…

Every new year brings with it hopes of a happy new year. But are we really becoming happier?  The World Happiness Report for 2022 shows divergent trends in happiness score…