Rajen Gala

Money Supply

Let’s say you are extremely hungry. You go to the nearest restaurant. What is it that you would order when you are in such a state? Perhaps you would ask what can be prepared quickly because your hunger clearly seems to be getting the better of you. You would not order Biryani since it needs

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Balance of Payments

The balance of payments, is a statement of all transactions made between entities in one country and the rest of the world over a defined period. It summarizes all transactions that a country\’s individuals, companies, and government bodies complete with individuals, companies, and government bodies outside the country. Just like individuals, countries also have to maintain an

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PM Gati Shakti Plan

On the eve of 75th Independence Day on August 15, 2021, Prime Minister Shri Narendra Modi announced from the Red Fort that the government will launch ‘PM Gati Shakti National Master Plan’ worth Rs. 100 lakh-crore. Gati, the Hindi word for speed, aims to boost economic growth (Shakti) through infrastructure building. The Plan was launched

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e-Rupee

The Digital Rupee (e-Rupee) or (eINR) is the digital counterpart of physical cash, it is issued by the Reserve Bank of India (RBI) as a Central Bank Digital Currency (CBDC). On November, 1, 2022, the Reserve Bank of India  launched the first trial of the Digital Rupee (e-Rupee) in the wholesale segment for the government

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e-Rupi

Do not get confused with e-RUPI and e-Rupee both are different. The e-RUPI is issued by RBI and is a legal tender in itself. It need not necessarily be backed by physical currency. The e-Rupee, however, can be used for digital payments in lieu of currency/cash. Today I will talk about e-RUPI. e-RUPI, a new digital

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Dollex & Defty

The S&P BSE Sensex and the CNX Nifty are the barometers of the Indian equity markets. The top 30 companies in terms of market capitalization constitute the Sensex and in Nifty it is the top 50 companies. Did you know that the Sensex and the Nifty have dollar-term versions of themselves? BSE Ltd’s Dollex-30 and

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