Month: January 2017

Towards Energy Security – India's Strategic Oil Reserve…

The agreement between India and UAE to facilitate filling of crude oil strategic reserve is diplomatic coup of sorts, for India as it gets a commodity so precious to the nation and so much in abundance with UAE. The agreement goes a long way in building India’s strategic reserves in a cost effective manner since there …

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Banking Sector Interconnectedness in India…

The interconnectedness of banking and financial sector is not widely understood or discussed, yet a high risk issue. The rapid spread of contagion during financial crisis in 2008 was primarily due to the fact the global financial market has become highly interconnected and the distress in initial few entities led to their failure in meeting …

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Understanding India's Insurance Sector..

The cabinet approval for listing of five general insurance company is a smart move which would not only mop up some money for the government but also pave the way for listing of LIC, the insurance behemoth. Further, this would bring about greater transparency and visibility to their operations. Despite having total investments of nearly …

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Indian Rupee – Is It Appreciating or Depreciating..??

Commerce ministry has often lamented that Indian currency is significantly overvalued reducing the competitiveness of Indian exports. This looks contradictory considering the fact that rupee has been depreciating against all major currencies and is down by over 20% against dollar since 2012. However, there is a point in what they say. An attempt to understand …

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Trade, IIP and Inflation – Nov/Dec Performance..

Data on International trade & Inflation for Dec’16 and IIP for the month of Nov were released by government agencies earlier this week. Coming in the backdrop of demonetisation and its expected adverse impact, the figures were much awaited. To the relief of the government, the economy appears to have performed well on all the three parameters. …

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