The US dollar has long been the world's reserve currency, but its dominance is under threat. In recent years, there has been an accelerating trend towards de-dollarization as countries seek to reduce their reliance on the dollar. The dominance of the US dollar in international trade and finance has faced increasing challenges, leading to discussions about the future of global economic dynamics and the potential consequences for various stakeholders.
7 Aug 2023Discover the remarkable progress India has made in reducing multidimensional poverty, with 135 million people lifted out of deprivation. This Niti Aayog report highlights the factors driving this positive change, including improved access to education, healthcare, and living standards. Explore the challenges that remain and the nation's commitment to achieving sustainable development goals. Join us for a comprehensive analysis of India's poverty reduction journey!
4 Aug 2023In this video, we investigate the history of collateral, its influence on the financial landscape, and recent policy shifts with potentially significant implications.
10 Jul 2023In this video, we explore the remarkable story of how Malavika Hegde, the wife of the late V. Siddhartha, the man behind Cafe Coffee Day, turned the company around after his tragic death in 2019. Despite facing numerous challenges, Malavika was able to reduce the company's debt, sell unnecessary assets, shut down loss-making stores, and withdraw unprofitable coffee vending machines. She also attracted new investors and successfully exported high-quality Arabica coffee beans from CCD's plantations, which helped diversify the company's revenue streams. Under Malavika's leadership, Cafe Coffee Day has seen a remarkable turnaround and become a shining example of how a company can bounce back from adversity. This is not just the tale of a brand's comeback; it is also the tale of a woman who refused to give up and showed resilience in the face of adversity.
14 Apr 2023India’s biggest conglomerates, which wield immense pricing power in the retail, resources and telecommunication sectors, are contributing to elevated inflation and should be broken up, a former central banker said. The ‘Big 5’ consisting of Reliance Group, Tata Group, Aditya Birla Group, Adani Group and Bharti Telecom have grown at the expense of smaller local firms, said Viral Acharya who was Reserve Bank of India deputy governor between 2017 and 2019. At the same time, the government’s ‘sky-high tariffs’ have shielded these conglomerates from competition by foreign firms
3 Apr 2023As another year of uncertainty looms, this list of unmissable business and economy books offers some answers
9 min read27 Dec 2021Grumbles over this year’s award are a bit of a surprise but several wins in the past have attracted flak
4 min read18 Oct 2020This year’s Economic Science Laureates, Paul Milgrom and Robert Wilson, have not just clarified how auctions work and why bidders behave in a certain way, but used their theoretical discoveries to invent entirely new auction formats for the sale of goods and services
3 min read12 Oct 2020It is politics-cum-economics, with the key element being ideology-free opportunistic pragmatism
4 min read4 Feb 2020Capping interest rates on microfinance will lead to the same perverse outcomes that inevitably follow any price controls
4 min read8 Dec 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared