Data and Financial Journalist
India has one of the largest and fastest growing economes. It is one of the members of BRICS and forms a part of G-20. With a huge population, India now faces a high Inflation rate of 9.39% (CPI) as in April 2013 and a high CAD (Current Account Deficit). Eurozone crisis and in-house politics worsen matters further. Is all well in India? A brief & closer look at what is happening.
A bank failure leads to an economic failure and in the past many similar failures have been faced all across the world but lessons are yet to be learnt. The recession of 2007-2013 is difference from previous depressions and bank failures simply because we are more globally connected and products like currency derivatives have just made banking across the world globally connected. This article looks at the Central banking system, focuses on shadow banking and breezes through the issue of systemic risk.
From 1980 to 2012, India’s economy has come a long way. The regulatory structure of the economy and many sectors have seen a vast change. Along with a prominent services sector, the financial markets have developed too.They are more cushioned than before to face triggers in the economy.Foreign exchange reserves are larger and exchange rates…
India faces a financial crisis and falling of our domestic currency ( owing alot to the Euro-crisis) is just one of the indications. In the past year, it has fallen by around 26% affecting the country’s imports.In such cases, only the central bank intervenes and that is exactly what India’s central Bank (RBI) has been…