Indian Economy Archive
Financial Bill, Finance Bill and Money Bill
India being a federal country, laws can be made separately by Union Government and State Governments covering their domains. The Union Government (Federal Government) makes laws for the entire country and the State Governments for their respective
Insurance Regulatory and Development Authority of India (IRDAI)
Insurance Regulatory and Development Authority of India (IRDAI) was incorporated in April 2000. IRDA was constituted by the Insurance Regulatory and Development Authority Act, 1999. By the Act of Parliament passed by the Government of India, IRDAI
Evolution of Corporate Governance in India
Corporate governance is all about managing a company by balancing the interest of all stake holders and abiding to the laws of the land. For a company, there are many stakeholders. Some of the major stake holders
Bad Bank or Asset Management Company for Public Sector Banks
Setting up of a Bad Bank or Asset Management Company for Public Sector Banks (PSBs) has been in the consideration of the central government since 2017. The idea has gained momentum again in the wake of mounting
India ranks sixth in terms of total wealth
India ranks sixth among the wealthiest countries, says the New World Wealth report. The report states that the total wealth of India is $ 8,230 billion. This is based on the total wealth calculated as at the
Indian Budge 2018-19- Proper Mix of Populism and Prudence
The Finance Minister Mr. Arun Jaitley, presented the budget for the FY 2018-19 on February 1, 2018. In the pre-election budget, Finance minister has taken earnest efforts to have a proper mix of populism and financial prudence.