In general, the notion that economic booms cause busts, instead of being random unrelated events seems to have much more currency beyond the ivory tower than within it
4 min read30 Jul 2018The bill frees thousands of small and medium-sized banks from the regulatory scrutiny imposed by the Dodd-Frank Act of 2010, while leaving key elements of the law in place for the US's largest financial institutions
2 min read23 May 2018Demonetisation was the first shock to the subprime economy and just when new notes began to fill the gap left by old ones, Uttar Pradesh, came up with a second blow: $5.6 billion of loan forgiveness
2 min read3 May 2017‘There is no subprime lending in India’
6 min read16 Oct 2007The 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