The PSU Stock Bank Analysis- State Bank of India(SBI)
In this post we will discuss about State Bank of India Stock the Price Returns, The ratios , key metrics etc.
The PSU Bank Stock Analysis-Canara Bank
In this post we will discuss the stock analysis of one of the largest PSU Banks of India , Canara bank About Canara Bank Canara Bank, incorporated in the year…
The CVL KRA KYC Validation issue leaves many investors in tizzy. Current Situation and Validating KYC with Aadhar
The CVL KRA KYC Validation issue leaves many investors in tizzy. Current Situation and Validating KYC with Aadhar
Highlights of the US Fed Meeting: S&P 500 breaks above 5,200 for the first time, while the FOMC maintains the key lending rate.
On Wednesday, March 20, the US Federal Reserve made the expected announcement that it will maintain interest rates at their current levels following its two-day policy meeting. But before the…
US Consumer Inflation(CPI) Data for the month of February 2024 is Out and it is a bit surprising.
Last Night US released consumer inflation data for the month of February 2024.
The broad gauge of the cost of goods and services, the consumer price index(CPI), rose 3.2% from a year ago and by 0.4% last month. While the 12-month reading was somewhat higher, the monthly measure was in line with forecasts.
The core Consumer Price Index increased (CPI) 0.4% in the month and 3.8% in the year. Both were greater than expected by a tenth of a percentage point.
United States averts Government Shutdown yet again with 467.5 billion$ spending package.
The Senate approved a $467.5 billion spending plan by a bipartisan vote of 75–22, funding programs for veterans, housing, energy, transportation, and agriculture through the end of the fiscal year on September 30. President Joe Biden, a Democrat, will now sign the plan into law.
The Increasing Credit Card Debt In India .
The Billion Dollar question about increasing Credit Card debt in India is whether it is growing confidence or deleting savings. While it is good to spend via Credit Cards , if it is for an offer or reward points .To use Credit cards for extravagant spending might people towards debt. Credit limit utilization shall not be more than 20% of total limit at any time. If it is increasing more than 20% , it is a danger alarm .
Indian Economy and US DEBT DEFAULT CRISIS on US DEBT CEILING of 31.4 Trillion USD .
In the past 15 days, there have been far too many nerve-wracking moments on the global markets. What if the US fails to raise its debt ceiling and stops making debt payments? This is the worry. The US Treasury has been able to keep the country’s finances afloat ever since January 2023, when the maximum amount of USD31.4 trillion in debt that it could issue had been reached. S&P 500 index volatility, a sharp increase in credit default swaps (essentially insurance against all types of debt default), and a further sharpening of political polarization between Democrats and Republicans followed.
The Emergence of De Dollarization Phenomenon Across the Globe
We are witnessing an unprecedented polycentric trend in Global Economics where the international system of transactions is becoming Multipolar .The De Dollarization is happening in the form of Currency Swap Agreements , Trade in National Currencies without Dollar, Oil and Natural Gas trading in national currencies . The Setting up of Special accounts for internationalizing national currencies and setting up of international financial system.
Open Network for Digital Commerce (ONDC).The Future Opportunities and Challenges.
Open Network for Digital Commerce (ONDC) is a government-backed initiative to develop an open and transparent framework for e-commerce in India. ONDC is not a specific platform, but rather a set of open standards and protocols that will allow different e-commerce platforms to interoperate with each other. This will create a more competitive and efficient e-commerce market, benefiting both consumers and businesses.