All Posts

A ‘Bad Bank’ is not a phrase for an underperforming or a corrupt bank, despite how it’s used in common parlance. A ‘bad bank’ is a corporate structure set up to buy the bad loans and other illiquid holdings of other banks/financial institutions. This helps the banks clear many Non-Performing Assets(NPAs), off its balance sheet, subsequently encouraging the banks to ramp up lending...

Hong Kong is an important city in Asia as it plays a vital role in international trade in many countries. Despite being just a small city with a deep water port as its only asset, Hong Kong has overcome many difficulties in establishing itself as a powerhouse economy and is an essential financial center comparable to New York, London, and Singapore...

Covid-19 has disrupted almost all parts of the world and has challenged the public health system greatly. A medical catastrophe, the coronavirus pandemic has infected more than 2 million people and killed over 160,000 people till now. The last pandemic of the size and scope of the current coronavirus pandemic was the 1918-19 Spanish Flu pandemic...

The Economics Association had organised a seminar on 5 February, 2020 for all B3 students and finance aspirants to enlighten them about what lies ahead on this fairly trodden yet uncertain path. We had a tremendous turnout for the event. The things that we touched upon included electives to choose from, PS, internships, career prospects, and further studies...

Economists try to model the world through the lens of market forces—demand and supply, production and consumption, prices and costs. This way, even if the world around us changes, we would still be in a position to make sense out of it...

On the 26th of August 2019 the Reserve Bank of India issued a press release stating that it decided to transfer a sum of Rs.1,76,051 crore to the Government of India...

As the extent of scam and the full list of projects attributed to the now-bankrupt (and seemingly on recovery path) Infrastructure Leasing & Financial Services (IL&FS) unfolds, one only wonders whether IL&FS was serving as God’s omnipresent hand gone rogue or was given to holding Ravi Parthasarathy’s cigar forever. For once though, it seems that the other hand – the Congress’ – is not mired with blood of massive disruptions caused by IL&FS’s upheaval...

After single-handedly ruling the aviation industry for almost a decade, Jet Airways decided to cease its operations on 18th April 2019 after running out of funds...

As a part of the series 'Analysing Acche Din', we try to evaluate the initiatives of the Modi Government in the third year in power...

Europe is suffering from the leadership crisis, as disruptions are continuously increasing across the continent. Brexit, Yellow Vest protests, and the rise of fringe parties to occupy the mainstream position is becoming the new norm in countries like France and Germany...

It was a statement in the annual report of the British fashion label Burberry that sparked the outrage - the income statement showed that $35.6 million dollars worth of products were destroyed in the year. While this was commonplace in the fashion industry, it came out as a huge shocker to everybody else...

Prof. Sudatta Bannerjee is an Assistant Professor the current Head of the Department of Economics & Finance. She teaches all courses related to Development Economics. The courses might appear boring at first – voluminous books, plethora of text, and matter-of-fact content. But does it make any Economics student dread these subjects. No! Because when you get an instructor who puts Marvel references in the question paper, how dare you crib about it!

Most of us know Rishi sir from the PoE class. We have all laughed at his witty remarks, his rebukes, examples revolving around sports and his ultra-amiable nature. Here’s a sneak peek to Dr. Rishi Kumar’s chamber in the Economics & Finance Department where the Economics Editorial Board had a little chat with him...

On 15th August 2018, as the whole country rejoiced India’s 71st Independence Day, rupee celebrated by breaching the 70 mark against the US Dollar. The economic imbalance brought on by this event is clearly the talk of the day, if not the year. But what does this mean? Why exactly did it happen? And, how is it going to affect you?

It is widely known that in 1700 AD, India and China jointly accounted for almost half of the world’s GDP. As a result of colonisation, their share fell to around five per cent by 1950. However, the recent growth of the Asian neighbours has been extraordinary, and it is common consensus that if the trend is sustained, both economies could recapture their historic share of the world GDP...

The Big Three: Standard and Poor’s, Moody’s Investors Service and Fitch Ratings are the gold standard in rating financial instruments. Any instrument without a rating from at least one of the Big Three, as they are known, is not taken seriously. Together they control about 95% of the ratings market share...

Patents are a form of intellectual property. Intuitively, one would like to be rewarded for an invention where one has put sincere efforts to produce a solution to an existing problem and from which mankind would reap benefits. Apart from felicitating the person with awards for a breakthrough research, it seems fair to be compensated monetarily in proportion of how great the invention is. And how to decide the monetary value of the invention? That’s where patents come in...

On the 9th of February, the two major exchanges in India, The BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) declared that they would end all licensing agreements with foreign exchanges. They stopped providing live stock prices to The Singapore and Dubai stock exchanges. The volume traded in the foreign jurisdiction has reached large proportions which is dragging liquidity out of the India, which isn’t a good sign for the Indian Exchanges...

Internet is a digital infrastructure. It was developed by DARPA (U.S. Agency for development of defence related projects) to serve as a secure means of communication for U.S. Defence forces. Same story goes with G.P.S which was developed to serve military purposes for the United States. Now imagine what would have our world been had these agencies not opened up these services for universal access and private innovation?

It’s 2018, India is just one year into the elections and parties have already blown the bugle. And like every other government keeping the elections in mind, Prime Minister Modi, in this year’s annual budget has allowed India's subsidy bill to balloon in the lead up to the crucial elections at the risk of breaching his budget deficit goals...