The rise of cryptocurrency has been nothing short of remarkable, with many heralding it as the future of money. As this new digital asset gains popularity, it is disrupting the traditional financial industry in ways that were previously unimaginable. But what exactly is the impact of cryptocurrency on the financial world? Will it completely replace
Women entrepreneurship in India is on the rise and it’s about time we take notice! Despite facing numerous obstacles, women across the country are breaking barriers and making their mark in the business world. From founding successful startups to leading established companies, female entrepreneurs in India are paving the way for a brighter future. So,
Remember when a dollar could buy you a candy bar or a gallon of gas? Well, those days are long gone. Inflation has been chipping away at the value of our money for decades. But what exactly is inflation, and why does it happen? In this post, we’ll dive into the nuts and bolts of
Women are making significant contributions to global economies through their various activities. However, they remain among the world’s most economically disadvantaged groups. They are always disproportionately discriminated against in the labour market for their gender, contending with low-skilled and informal jobs. So they often remain outside the ambit of financial inclusion, which results in poor
An initiative by India is taken to incorporate the Indian rupee into global trade. But why and how? Let’s dive into the blog below to find out. Why does India want to trade in the rupee? The rupee’s value against the American dollar is continuously sliding and it also flows from the periodic rise in
We all know that the changes in the price of the product, income of the households, prices of related goods, tastes and expectations, advertisement expenses, etc affect the quantity demanded of a product or service. This indicates only the directional impact of the changes in the factors influencing demand. This only indicates the directional impact
What is supply? Supply of a commodity refers to the various quantities of the commodity that a seller is willing and able to sell at a different price in a given market, at a particular point, by remaining other things constant. An aspect of supply management which needs attention is that supply is related to
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
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