The much-awaited stimulus package to revive economy amid COVID-19 conditions was announced by PM of India, Mr. Narendra Modi on 12th May. The Rs 20 lakh crore package is significantly higher than street expectations which has caused the market to cheer for it. After experiencing slump for several months, Dalal street predicts big rally on stocks …
The much-awaited economic package of the government has led MSMEs to heave a sigh of relief amid the growing tensions of economic slowdown in the coronavirus crisis. The relief package is expected to infuse fresh life into the country’s micro, small and medium enterprises (MSMEs), which account for almost 30 percent of the national GDP …
After two extensions to the COVID 19 lockdown in India, the Union Finance Minister Nirmala Sitharaman announced a special economic package of 20 lakh crores in a statement made on the 14th of May. It was the second in a line of measures by the Union Government and the Reserve Bank of India to stimulate the …
The popularity of equity investment is steadily growing in India. In the past few years, India’s equity market had outperformed many other asset classes and offered exciting profit opportunities to attract more investors to it. But the Indian stock market is vast, with many players working in a closed ecosystem. It can be challenging to …
Quite often the trade deficit and the current account deficit (CAD) are used interchangeably. There is a subtle difference between the two. While trade deficit refers to the excess of merchandise imports over merchandise exports, the CAD looks at the net effect of trade in services and remittances too. The CAD is a more revealing …
Crude oil prices went into a free fall on April 20, 2020, sending ripples across the world. The US crude oil price fell into negative territory for the first time ever, even as the coronavirus pandemic dried out demand globally. On that historic Monday, the price of a West Texas Intermediate (WTI) barrel, which is …
India has been hit hard by the Covid-19 pandemic. A national lockdown has been imposed and economic activity has come to a halt. Experts believe the Covid-19 pandemic will push the world into recession. The stock market rout in March was a reflection of the grim forecast. But India’s largest company by revenue and profits—Reliance …
A dispute between commodity exchange, Multi Commodity Exchange (MCX), and brokerages came to light after the US benchmark crude oil prices turned negative for the first time in history earlier this month. Owing to the unforeseen losses caused due to the unprecedented fall in oil prices, MCX, according to news reports may set the bottom …
Crude oil is one of the most traded commodities globally. The reason for huge trade volumes is the dual-use nature of the commodity. Crude oil is primarily used as a source of energy, but it is also used as an investment product for portfolio diversification by some investors. An important aspect of the crude oil …
Even as you read this article, COVID-19 cases and deaths in India are rising by the hour. Worldwide more than 1 million people have been infected and the death toll is now more than 53,000. Apart from snatching away the lives of thousands, COVID-19 has dealt a deathly blow on the world economy. It has …
