Union Budget 2016 – Pro-Rural, drumming the “Rich” The Union Budget 2016, presented by the FM Mr.Arun Jaitley, was a conspicuous attempt on behalf of the Government to shred its “not-for-poor” image. The budget unveiled several measures to woo farmers, the jobless in rural areas, non-farm sectors in rural areas along-with a push to enhance […]
Expectations from Union Budget 2016 When we talk of expectations from the budget, we could have at least two different interpretations. The first one obvious refers to the wish list. What do we want from the budget? This list would obviously be really long. Different segments of people would have different expectations from the […]
Money Multiplier – For One Rupee of RBI, How much is generated in Indian Economy? The concept of Money Multiplier is an interesting one. In this context, the ‘multiplier’ is not about growth in investments, but it refers to ‘Money Supply’. Money Supply as in, for each rupee of money of the Central Bank […]
Sitaraman Swaminathan Just after a budget that allowed inclusion of NBFCs into the SARFAESI fold, giving a shot in the arm for NBFCs that are actively involved in property backed lending, RBI announced another relaxation in the lending norms for Banks. In 2012, RBI had brought out a policy that prohibited inclusion of Stamp Duty […]
Sitaraman Swaminathan In a move that surprised the corporate world, investors, consumers, brokers, analysts and a host of other observers, the Reserve Bank of India today morning – 4th March – announced a reduction in the benchmark repo rate by 25 basis points to bring it down to 7.5%. The reverse repo dropped to 6.5%. […]
