Policies are Meant for Growth not for Impairment
Why Deutsche Bank is not next Credit Suisse? On Friday (24th March 2023), there was a tumble in Deutsche bank shares, which sank to 8.22%, after the price of insuring the bank’s debt from default surged to more than four years high. Many investors started panicking and many analysts started questioning whether the Deutsche Bank …
UBS Buys Credit Suisse Rocks Global Finance On late Sunday (i.e.19th March 2023), the Nation’s Central bank and Financial Regulator announced publicly that Credit Suisse Bank was sound while the Government behind closed doors was secretly preparing a plan to rescue the nation’s second-biggest bank. This news has rocked the global finance. What is Credit …
Russian Economy’s Bleak OuTlook – Fiscal deficit Widens It’s been a year now since Russian-Ukraine War. The Economic outlook of Russia looks bleak. Falling Oil and Gas production in 2023 along with sanctions are hurting Russia’s economy. The International Energy Agency estimates that Oil production will fall to 1.6 million barrels per day (bpd) in …
Europe Energy Crisis (or) Energy Crisis in Europe Welcome to the Second Part of the article on the Energy Crisis – Europe Energy Crisis (or) Energy Crisis in Europe. Many may have wondered why both South Africa and Europe are mentioned in the same topic while both are completely different (as one is the country …
Energy Crisis in South Africa and Europe Energy Crisis are happening both in South Africa and Europe. Energy is an important factor for any economy, in terms of growth and Development. In this article, we will analyse as well as see what’s happening in Both South Africa and Europe. Since we are going to analyse both …
UK Recession Overview Almost all multilateral organisation (like IMF, World Bank etc…) claims that the world economy is going to face a recession including the UK. There is an ongoing debate about whether the UK will face a recession or avoid a recession. However, in this article, we are going to see an overview of the UK …
India’s Union Budget – 2023-2024 – An Analysis Table of Contents Introduction India’s Union Budget 2023-24 was presented by the Finance Minister Nirmala Sitharaman on 1st February, 2023. This article will analyse some of the main aspects of the Budget. For Flipbook View (click here: Union Budget) Before delving into the analysis it is important to …
Global Growth Rate will fall in 2023 and 2024: WEO, IMF. Table of Contents On Tuesday (31.01.2023), International Monetary Fund (IMF) has released World Economic Outlook, 2023. The Report stated that: · Global growth forecast – 3.4% in 2022, 2.9% in 2023, to increase in 2024 to 3.1% · In the October 2022 World …
Union Budget 2023-24: Key things to Watch Out for in this Budget Table of Contents All eyes and ears will be on India’s Finance Minister’s Budget Speech on 1st February 2023 (i.e. on Wednesday). The expectations from the Budget will be so high at this juncture as we have moved a little ahead from the …
Interesting Facts oN Union Budget of India Table of Contents The Indian Budget has started even before Independence. On 18th February, 1869, James Wilson, then Finance Member of Indian Council, Presented the First Indian Budget. He was also the Founder of The Economist. First Budget of Independent India The first Budget of Independent India was …
