Mridusmita Choudhury

65 Added | 1 Magazine | 3 Likes | 3 Followers | @MridusmitaC7gic | Assistant Professor at Kaziranga University

What is the trade war between US and China?- Explained

What is a trade war?<p>Investopedia defines trade war as, “A negative side effect of protectionism that occurs when Country A raises tariffs on Country …

Economy

IIP or PMI, which is a better tool to gauge Indian economy?

Coming after an uptick in quarterly growth in the December quarter, the rebound in the index of industrial production (IIP) for January has lifted …

Stock Markets

Why the new US steel tariff could affect Indian steel companies

India ranked 10th in steel imports to the US in 2017, but it recorded the highest growth in this leading set of countries and drew the third-most …

Globalization

EPFO-data based study raises questions; reminds its time India overhauled its payroll reporting method - Firstpost

If one goes by a study done jointly by Pulak Ghosh of IIM Bangalore and Soumya Kanti Ghosh of State Bank of India on the number of new jobs created …

India

Government cuts extra borrowing but markets still nervous

MUMBAI/NEW DELHI (Reuters) - India has cut its additional market borrowing requirement for the current fiscal year by 60 percent after reviewing trends in revenue receipts and expenditure patterns, the finance ministry said on Wednesday, sending bond yields sharply lower.<p>The government would only …

Economy

India Received 2 Percent Of Global FDI Inflows In 2016, Still Long Way To Go: Report

India has received overall 2 per cent of world foreign direct investment inflows. Since last decade from the financial year 2007 to 2017, it grew at …

Bank recapitalisation plan gains momentum

Last year, the finance ministry had announced a Rs2.11 trillion bank recapitalisation plan for public sector banks to boost their balance sheets hit …

Economics

QBiz: RBI To Issue Brown Rs 10 Notes; Business Suffers In Mumbai

1. RBI to Issue New Rs 10 Notes in Chocolate Brown Colour<p>The Reserve Bank of India (RBI) will shortly issue new Rs 10 notes under the Mahatma Gandhi …

India

December PMI data signals revival in manufacturing, Indian economy

The Nikkei Manufacturing purchasing managers’ index (PMI), compiled by IHS Markit, rose from 52.6 in November to 54.7 in December, the highest in …

Economic Development

From banks' recapitalisation to job creation, five areas that Arun Jaitley should lay emphasis on in budget - Firstpost

Bibek Debroy, chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), refused to let on what either the Council or he expected of …

India

Year in review: 9 major events that shaped Indian Economy in 2017

<b>Before we usher in the new year, let’s take a look back at the important events that shaped the Indian economy in 2017.</b><p>1. The <b>Goods and Services Tax</b> …

India

Bank of India likely to shut 700 ATMs after RBI's prompt corrective action forces cost cutting - Firstpost

The Bank of India, one of the major public sector lenders in country, has chalked out a plan to shut down as many as 700 automated teller machines as …

What is Merchant Discount Rate (MDR)? - Dejargoned

In its fifth Bi-monthly Monetary Policy Statement on 5th December, the RBI decided to rationalise the Merchant discount rate structure. It will be in …

FRDI bill: the risk to your deposit will be no more than what it is today

<b>The Financial Resolution and Deposit Insurance (FRDI) Bill</b> is likely to be debated in the winter session of Parliament which begins on December 15, …

India's exports to China go up by over 53% in October to reach $1.24 billion; trade deficit still on rise - Firstpost

<b>Beijing:</b> India's exports to China registered a sharp increase of over 53 percent year-on-year to reach $1.24 billion in October, but the trade …

India Can Grow At 8 Points For Next 20 Years: UN Expert

India can achieve an 8 per cent growth rate for the next two decades if it unleashes the next set of reforms that could help it in realising its full …

Apple Could Be Hurt By India's Import Tax Rate Hike

In a bid to build up the domestic industry, the Indian government increased the import tax Dec. 14 on dozens of electronic products like mobile …

Pakistan to allow rupee depreciation after IMF talks

This calculated move allowed the currency rate to touch Rs110 to a dollar on Friday before settling down at around Rs107 and did not go beyond …

What Crisil report—States of Growth—tells us about the health of Indian states

A former employee of Cambridge Analytica testified the company had several other quizzes on Facebook besides the one which started...<p>The four-page …

Cambridge Analytica

RBI's Monetary Policy-RBI raises inflation forecast; keeps rates unchanged

<b>Highlights of the RBI’s 5th bimonthly monetary policy review-</b><p>Repo rate unchanged at 6 %. No change in CRR, SLR. Reverse Repo & Bank rate<br>• Inflation …

Decoding the imports surge post demonetisation

At least part of the rise in imports is explained by the exchange rate movement. Photo: Bloomberg<p>Indian imports rose by 23.40% year-on-year (y-o-y) …

The sustained case for an RBI rate cut

The Reserve Bank of India (RBI) is now facing the classic dilemma for any central bank in a country with a relatively open capital account. …

Impact of GST on Exports - Working Capital stuck as refunds delayed

India’s exports declined by 1.1% in October to $23.1 billion and are expected to fall further in November. The last time exports growth fell in the …

Explained: Finance Commission and its role and functions

The Government of India has constituted the 15th Finance Commission and has appointed the former Planning Commission member, NK Singh as its chairman.<p>…

Bitcoin -What & How- All Your Questions Answered

What is Bitcoin?<p>Bitcoin refers to two things. Bitcoin is a <b>digital currency.</b> It is also an <b>online payment system</b> in which bitcoins are used.<p>The idea …

India’s exports likely to be hit in November again as delayed GST refunds hit exporters

The government still owes exporters at least Rs 50,000 crore in Goods and Services Tax refunds.<p>The government still owes exporters at least Rs 50,000 …