My Lord, I Object

“Law determines the direction in which society should move but it is the judiciary which determines the direction in which society actually moves.” World’s largest democracy is witnessing an unprecedented approach of socio-eco-pol-tech development among the shrinking economic world. With aback economic screening, undermining ethnic diversifications, aggressive political coiling and subtle judiciary has undoubtably raised … Read more

YES BANK NO MONEY

On 5th of this month a yet another disappointing news came for the Indian banking sector that YES BANK, fourth largest private lender has been put under moratorium(temporary ceasing of operations) by the government at the suggestion of RBI. The moratorium has been put for a period of 30 days from 5th March to 3rd … Read more

केन्द्रीय बजट में कैसे होती है कटौतीयाँ?

वित्त मंत्री निर्मला सीतारमन ने एक फ़रवरी को लोक सभा में वित्तीय वर्ष 2019-20 के लिए देश का ‘बहीखाता’ पेश कर दिया है। अब यह बजट आम चर्चा के लिए सदन के सदस्यों के बीच है।परंपरागत संसदीय कार्य-प्रणाली के अनुसार वित्त मंत्री द्वारा पेश किए गए केंद्रीय बजट पर संसद सदस्य अपनी स्वतंत्र एवं दूरगामी … Read more

India amid US-Iran tension

The Iran-U.S. confrontation also known as Persian Gulf Crisis of 2019-20 is a ramification of intensifying relationship between two countries. Since 1980s, there are no such bitter diplomatic relations existed between the two countries. Today, turbulent tensions have reached at an implacable level. In 2015 U.S. President signed a nuclear deal with Iran and other … Read more

Union General Budgetary Process

With the advent of new year, Ministry of Finance has initiated preparing for ‘halwa ceremony’. The honourable President of India causes to lay before both the houses of Parliament, the annual financial statement of government of India, popularly known as Union General Budget. Here, union general budget reflects the statement of:- (a) proposed expenditure and … Read more

Dear economy—get well soon!

Indian economy is currently experiencing one of its kind recession the reason for which cannot be easily diagnosed that has apparently resulted in loss of thousands of jobs. On 6th December, 2019, data for the second quarter (Q2) of ongoing fiscal was released by Government, which on the line of expectation showed a dimming glow. … Read more

Pre-Budget Discussion, Debate and Development

General Union Budget for financial year 2020-21 is under the conventional halwa ceremony. The Finance Minister Nirmala Sitaraman will present the budget on 1st February 2020. In this week, three major events happened from an economic perspective to India. First, the Prime Minister, on last Monday, had invited some big capitalists to discuss the economic … Read more