Articles for Economic System

RBI cuts CRR to 4%: How this liquidity boost will benefit economy
1 month ago

RBI cuts CRR to 4%: How this liquidity boost will benefit economy

India Today  

The Reserve Bank of India announced a phased reduction in the Cash Reserve Ratio by 50 basis points, lowering it to 4%. This adjustment, effective in two tranches on December 14 and 28, is expected to release approximately Rs 1.16 lakh crore into the banking system, easing liquidity constraints and supporting credit growth. Considering all these factors, we believe that …

Banking Economic Growth Economic Liquidity Banks System Crr
New Brics banking system would render sanctions useless, ex-chancellor warns
1 month, 1 week ago

New Brics banking system would render sanctions useless, ex-chancellor warns

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. If it ever happened, it would be a major …

Global International China Russia Financial Payments Sanctions
Global South embraces greater equality
10 months ago

Global South embraces greater equality

China Daily  

LI MIN/CHINA DAILY BRICS is not an alliance system aimed against nonmembers, rather it assists in harmonizing economic interests between competing members International politics is largely about manipulating the symmetry of economic interdependence. A hegemonic state will thus seek to create excessive dependencies among others on its technologies, industries, transportation corridors, banks, payment systems, currencies, and other forms of economic …

India Europe China Russia Connectivity Power Global South
July, Stalin, and Five-Year Plans: How Reality Upstaged Nehru's Economic Utopia
1 year, 5 months ago

July, Stalin, and Five-Year Plans: How Reality Upstaged Nehru's Economic Utopia

The Quint  

The following is an excerpt from Jawaharlal Nehru's speech from 1937, when he was the Congress party president. “I am convinced that the only key to the solution of the world’s problems and of India’s problems lies in socialism, and when I use this word, I do so not in a vague humanitarian way but in the scientific, economic sense. …

Solutions by the people, for the people
2 years, 2 months ago

Solutions by the people, for the people

The Hindu  

Economic science has dominated public policy since the 20th century. Debates have raged between “Keynesian” economists and “Friedman” economists: between “welfarists” who see the need for a government hand in the economy and “monetarists” who want governments out of the way to let private entrepreneurs loose and let an “invisible hand” produce good outcomes for all. Needs of citizens who …

Global Economy Social World Economic Model Solutions
每日一词∣绿色低碳循环发展经济体系 green and low-carbon circular economic development system
3 years, 10 months ago

每日一词∣绿色低碳循环发展经济体系 green and low-carbon circular economic development system

China Daily  

国务院近日发布加快建立健全绿色低碳循环发展经济体系的指导意见。意见要求，坚定不移贯彻新发展理念，高效利用资源、严格保护生态环境、有效控制温室气体排放。 The State Council has released a guideline to accelerate the development of a green and low-carbon circular economic development system. The guideline urges efforts to firmly implement the new development philosophy, boost efficiency in the use of resources, strengthen protection of the ecological environment, and effectively control greenhouse gas emissions. ——2021年1月25日，习近平在世界经济论坛“达沃斯议程”对话会上的特别致辞 要在严格保护生态环境的前提下，全面提高资源利用效率，加快推动绿色低碳发展。 We should comprehensively improve the efficiency of …

Development Green
Need innovative economic system in post-Covid world: NITI Aayog vice chairman
4 years, 1 month ago

Need innovative economic system in post-Covid world: NITI Aayog vice chairman

Hindustan Times  

The Indian economy will be among the top economies in the world in the next few years and an innovative economic system is needed in the post-Covid world to remain floating, NITI Aayog vice chairman Rajiv Kumar said. Rajiv Kumar, Vice Chairman, NITI Aayog said India’s economic growth is likely to reach pre-Covid-19 levels by the end of 2021-22 fiscal. …

India World Economic Growth Kumar Niti Aayog Vice Chairman Innovative Economic System
Money Laundering An Act Of Financial Terrorism, Poses Threat To Sovereignty, Integrity Of Nation: Orissa HC [Read Order]
4 years, 5 months ago

Money Laundering An Act Of Financial Terrorism, Poses Threat To Sovereignty, Integrity Of Nation: Orissa HC [Read Order]

Live Law  

"The offence of Money Laundering is nothing but an act of financial terrorism that poses a serious threat not only to the financial system of the country but also to the integrity and sovereignty of a nation", observed the Orissa High Court on Monday. Justice S. K. Panigrahi was hearing a bail plea of a director of a company, accused …

Financial Money Laundering Money Act Single Laundering Panigrahi
Scott Morrison's coronavirus 'hibernation plan' needs work to stop economic collapse
4 years, 9 months ago

Scott Morrison's coronavirus 'hibernation plan' needs work to stop economic collapse

ABC  

Treasurer Josh Frydenberg told his Treasury officials earlier this week that the economy needed to be put into cryogenic suspension. An idea that's so March 12 The Government spoke then of "supporting business investment" and "providing cash flow assistance to help small and medium-sized business to stay in business and keep their employees in jobs". So while a big increase …

Business Economy Support Need Businesses System Wage
The coronavirus' economic fallout has its own momentum as RBA makes extraordinary intervention
4 years, 9 months ago

The coronavirus' economic fallout has its own momentum as RBA makes extraordinary intervention

ABC  

The Reserve Bank is trying to stop the financial system melting down. 'Extraordinary and challenging times' Yesterday's extraordinary intervention from the Reserve Bank saw the official interest rate lowered to 0.25 per cent, to a level never seen in Australia's history. The RBA will keep the interest rate at 0.25 per cent for years, until it is confident that the …

Coronavirus Financial Bank Economic Small Businesses Cent Rate
Economic slowdown: Around Rs 10.52 lakh cr of corporate debt at risk of default over next 3 years: Report
4 years, 10 months ago

Economic slowdown: Around Rs 10.52 lakh cr of corporate debt at risk of default over next 3 years: Report

Firstpost  

India Ratings and Research in a report said credit profiles of corporates are likely to remain under pressure as the economy grapples with a synchronised and prolonged economic slowdown. Mumbai: As the economy grapples with a prolonged slowdown, close to Rs 10.52 lakh crore of the corporate debt is at the risk of default over the next three years, says …

Corporate Debt Report Economic Slowdown Corporate Debt
India is looking to create its own Davos for bigger global role
5 years, 6 months ago

India is looking to create its own Davos for bigger global role

Live Mint  

New Delhi: India is contemplating organizing an annual global investors’ meet in the country, akin to the World Economic Forum in the alpine resort of Davos, to carve out a bigger global role for itself. The move will help create a niche for Asia’s third-biggest economy within the international financial system, Finance Minister Nirmala Sitharaman announced in her budget speech …

Global India Davos