The International Monetary Fund’s (IMF’s) ‘Poverty Reduction and Growth Trust’ (PRGT) now can only lend money to the poorest countries. Thus it naturally limits the capacity of developing countries with higher income levels to get low or zero interest loans from the IMF.Kristalin...
The provision of universal basic income to citizens of a country has been a matter of discussion for long around the world. It is meant for uplifting people from poverty and maintaining economic stability of a country.The UBI is considered as an automatic economic stabiliser since it would ens...
ACC LTD COMPANY PROFILE Since inception in the year 1936, ACC Limited (ACC) is a leading player in the Indian building materials space, with a pan-India manufacturing and marketing presence. With 17 cement manufacturing units, over 90 ready mix concrete plants, and a countrywide spread of ...
On March 23, 2020 Prime Minister Narendra Modi declared the nation wise lockdown against Covid-19. However, India was not the only country to declare lockdown as many economies of the world had already done the same to counter the pandemic. In fact, by April 2020, almost half the world’s pop...
The pandemic has been the reason behind major economic crisis globally. Concerning unemployment, living standards etc. the pandemic has devastated the economies. A large number of people who were earlier in the middle income group, they were driven into poverty. As India and China, together consists...
COMPANY PROFILE Built in the year 1981 in Bangalore, Infosys Limited is an Indian multinational technology company that provides business consulting, information technology and outsourcing services. Infosys is the second-largest Indian Inf...
They so wished it to happen soon enough. After the dual strike of demonetisation and nationwide lockdown, they wanted price rise - both in wholesale and retail market, to be contained urgently. But exactly the opposite happened in market that resulted to untold misery of the Indian citizens.Un...
The twelfth round of the FICCI-IBA Survey was carried out for the period of July to December 2020. Total 20 banks including public sector, private sector and foreign banks participated in the said survey. According to the survey, almost a year into the pandemic, economic recovery has started t...
Even before India’s independence, leading industrialists of that era (JRD Tata, GD Birla, Lala Shri Ram, and John Mathai, etc.) declared in the ‘Bombay Plan’ of 1944 that post independence, only government investment would be encouraged to boost economic growth as well as for undertaking...
COMPANY PROFILE A leading cement manufacturer in the country, J. K. Cement Ltd., started its first commercial production in the year 1974. It is an associate of the multi-disciplinary industrial conglomerate JK Organisation, which was founded by Lala Kamlapat Singhania. The Company has ov...