WPI and CPI are important topics in Economics. Both of them are used to measure inflation in the country. Today we will be discussing in detail the WPI and CPI. The wholesale Price Index(WPI) is an indicator that is used …
Green Accounting is a new type of accounting that attempts to factor environmental costs into the financial results of operations. It has been argued that the gross domestic product ignores the environment which is why policymakers need a revised model …
The COVID-19 pandemic has had a profound impact on various sectors of the Indian economy, including the financial market. This blog post aims to shed light on the key effects of the pandemic on the Indian financial market, providing a …
The Indian financial system is a robust and dynamic framework that plays a crucial role in supporting the country’s economic growth and development. It encompasses various institutions, markets, and regulatory bodies that facilitate the flow of funds and promote efficient …
A budget is nothing but an annual financial plan that outlines the expected revenue and expenses of a government, or an individual. There are various key budget terms that help us to understand the framework of the budget. · Revenue: Money received …
Resources play a crucial role in the development of any economy. They are essential for the production of goods and services that satisfy human wants and needs. In the context of economics, resources can be broadly classified into two main …
Financial institutions in India play a critical role in the country’s economy by facilitating the flow of funds, mobilizing savings, and supporting various sectors. They form the backbone of the financial system and contribute significantly to economic growth, stability, and …
Financial assets refer to instruments or contracts that represent ownership or a claim to a specific monetary value. In India, there are various financial assets available for individuals and organizations to invest in and grow their wealth Equities (Stocks): Fixed …