We often heard the term demand in your life and used it many times. But what does it refer to? Have you ever wondered about what is demanded in economics and how it influences the business world? Don’t worry. You are at the right place. In this article, we are going to discuss the demand
You may learn about so many banks and the central bank that controls all the activities of these banks. But is it all that a central bank does? Doesn’t it have any other function? If you are coming across these questions, please visit the blog below to find all your answer. What Is a Central
What is a commercial bank? A commercial bank is a financial institution or a type of bank which usually accepts deposits from the public and provides loans to them for the purposes of consumption and investment to make a profit. Commercial banks also refer to the bank, or the part of a large bank, that
As you know banks are the financial intermediaries that play a crucial role in the functioning of the economy of India. There are different types of banks present in India that perform different functions and contribute at different levels to cater to the needs of the different sections of our society and economy. Every section
From December 1, the price of every matchbox will be increased’s 2 from the present Re 1. This is in view of a rise in the production budget, triggered by an increase in the price of raw materials. Matchbox buyers will get more matchsticks into a matchbox when they buy it at an updated price
India is one of the fastest-growing developed countries. If we ask ourselves about the reason, we get an answer. Only government isn’t responsible for making this country develop. But, as a citizen of India, we’ve also many responsibilities that we ignore.The main motto of writing this blog is not to degrade the Indians but to
The Ministry of New and Renewable Energy (MNRE) has proposed initiating a centralized tendering process for the current year’s target of 450,000 standalone solar pumps under Component B of the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) program. The ministry has invited suggestions and comments from all stakeholders on issues like participation in
State Bank of India (SBI.NS) (SBI) posted a sharp increase in net profit on Friday and provided a steady outlook for the coming quarters, even as the coronavirus crisis ravages the country’s economy. SBI’s results come as Indian lenders brace for a flood of potential loan defaults, with many small businesses finding it hard to
India’s surprise move to restrict imports of TVs, announced on Thursday, will boost local manufacturing, strengthening Prime Minister Narendra Modi’s flagship ‘Make in India’ drive, an industry body said. The Indian trade ministry issued a notice late on Thursday saying it would restrict inbound shipments of TVs by requiring importers to get a special license.
India’s fiscal deficit touched a record $88.5 billion in the April-June quarter, 83.2% of the target for the whole of the current fiscal year, reflecting the impact of the coronavirus pandemic on tax collections and as the government front-loaded its spending. The deficit is predicted by private economists to cross 7.5% of GDP in the 2020/21 fiscal year beginning April, from
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