Finance and Economics – Page 6

POST COVID ERA: IMPACT ON GOODS AND SERVICES TAX

This article intends to explore the recent report shared by the OECD in order to strengthen the tax base of countries, especially after the covid pandemic. Further, the article establishes a connection between the newness of the GST regime, the covid era impacting the country’s economy and the new tax regime brought in place in…
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AFTER NEHRU, WHAT?

In contrast to the traditional Gandhian ideology, Jawaharlal Nehru, the first prime minister of independent India, was a true economic modernist with radical ideas. He was one of the few leaders who appeared to be open to modern industry. He believed that rapid industrial expansion was the route to elevate the masses as opposed to…
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THE UK’S ECONOMIC POLICY FAILURE

The United Kingdom under Prime Minister Liz Truss announced the worst policy decisions under their “Growth Plan” to overcome the economic recession and here’s why:
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Legality Of Virtual Currencies In India And Corresponding Tax Provisions

The article discusses the legality of Virtual Digital Assets in India especially with the existence of various Cryptocurrencies such as Bitcoin etc. Further, the implication of tax liabilities as proposed through the recent Budget, 2022 is also understood by way of determining whether the Government deems Cryptocurrency as a valid VDA. The changes in the…
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Greenbacks or Grains: Comparing U.S. and India’s Covid-19 fiscal responses.

During the pandemic, western economies dealt mostly by handing out monetary assistance to support citizens. The view of experts was that India should take notes from the US and hand out money as a form of relief. However, the Indian government did not cave into these pressures. Instead, it chose to prioritize relief for those…
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The Gati-Shakti Master Plan: Propelling India’s Economic Ambitions

India’s potential, however high it may be, has for multiple reasons, not been realised. The delay in liberalisation, introducing reforms, and having a conscious growth focused public policy has caused the economy to be unable to reap the benefits of its young demographics, blessed geography, and socio-economic dynamics. Multiple schemes aim at changing that, with…
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“QUIET” LITERALLY: Fathoming the noise about ‘quiet quitting’

This article demystifies the myriad interpretations and manifestations of the term “Quiet Quitting”. Inchoately, the phrase attracted the public eye through a tik tok video, while over time it has become relevant in discourses, especially anent work-life balance.
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FOREX – THE PILLAR OF DECENTRALIZATION

The forex market is a shining example of global collaboration. Should we look at it as inspiration for the future?
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Wading through Irrationality: Demystifying Emotional Finance

Since the beginning of time, traditional financial decision-making has been based on logic, arithmetic, and statistical measures, neglecting emotions. Emotional finance studies how conscious and unconscious emotions influence investors’ individual decision-making that come to climax markets’ development.
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Contribution of Quantum-like Modelling in Financial Market Modelling: Case of Quantum-like Common Knowledge

The article talks about the quantum-like model of probability updates in case of costly signaling phenomenon relevant for financial markets, or economic decision making in general.
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