The call for India’s Union Budget 2021 — India, the seventh-largest country and the most populous democracy in the world has been tested on many fronts during the past year 2020. With the global outbreak of COVID-19 followed by the nationwide lockdown gripping the Indian economy, the cash strapped government
Category: Economics & Finance
MRS BECTOR’S CREMICA: BISCUITS AND BREADS, SAUCES AND SPREADS
Since the first week of December 2020, we noticed Mrs Bector’s Food Specialities or Mrs Bector’s Cremica making its way to the headlines. They announced share allotment to the public and got a whopping response by becoming the most subscribed IPO this year. Initial Public Offering (IPO) is the process in
LITIGATION FINANCING: THIRD-PARTY FUNDING
Litigation Financing or third-party financing is a procedure including lawyers and their clients to assess and manage risk and costs involved in the duration of their courtroom case. It is an important financing tool for both lawyers and clients. For clients, hiring an outside financer makes it financially easier and
GLOBAL MARKET ANALYSIS: AN OVERVIEW OF DECEMBER 2020
With a surge in global market stocks and equities during December, many businesses and investors began raising money in the financial markets that pulled many developed economies into their own positive arena for the year till date. This made December a turning point for the countries globally. There was a
GIG ECONOMY: RESHAPING THE POST COVID-19 ERA OF WORK
Welcome to the Gig Economy where a multitude of laborers are making their own future by utilizing innovation and this move professes to target on the workforce where one gets the opportunity to pick his/her own work hours departing from the standard regular places of employment. (Gupta, 2019). Many organizations
THE “NEW NORMAL” OF THE INDIAN ECONOMY
The coronavirus pandemic has affected all nations and brought the global economy to a halt. Developed and developing countries alike were forced to shut down economic activities and impose various kinds of lockdowns. Trade and the stock market were affected too – according to the World Trade Organization, the world
INDIAN STOCK MARKET BUBBLE 2020
Stock Markets have been rallying continuously for the last 4 months. NIFTY 50 has gained 67.30% since the recent low in March 2020. COVID-19 has had an adverse impact on the global economy. In the Indian context, there has been a substantial decrease in the growth rate. The last few
SAUDI ARAMCO AND ITS ECONOMIC PROSPECTIVE
The Saudi Arabian Oil Company aka Saudi Aramco, based in Dhahran, Saudi Arabia is a multinational petroleum and natural gas company. It is a fully integrated multinational petroleum corporation and a world leader in mining, manufacturing, refining, distribution, marketing, and development. It manages the world’s largest proven conventional crude oil
THE HISTORY OF ECONOMIC THOUGHT
Economics as an area of study is not just a subject that has academic value but is also one that shapes the systems on the basis of which nations are run, affecting millions of people. It is therefore of great significance to understand the ideas that shaped these systems. Over
THE HOSPITALITY RESET: POST-COVID ERA
You just got off work and are barely in need of a bite to eat before heading onto the quickest Metro and enduring the tiring ride back home. The many options available at the metro station cafeteria provide you with a quick fix of donut and cold coffee, and you