Welcome to the playground of providing lessons in finance and economics. The site primarily covers lessons on finance and economics. In addition, related topics like accountancy, monetary policy, foreign exchange market, etc., are also explored. For example, the international dimension to the fixed vs flexible exchange rate debate is given in our blog. It provides a bird’s eye view on the challenges to conduct of monetary policy in both the exchange rate mechanisms. Thus, the learning is sought to be imparted through short videos and blogs. Further, contemporary issues and topics of relevance in the fields of finance and economics will also be discussed. We would also try to provide consultancy on simple and complicated queries that may remain unanswered.
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Top News – India and the World
This is the financial and economic news updated daily. Even though the links are external, you may like to go through your news of interest.
- Trent Bolt eventually got the better of Narne, but not before the opener amassed 109 off 56 balls with the help of 13 fours and six sixes, displaying supreme confidence and skill against one of the best attacks of the IPL.
- Jindal Stainless partners with SBTi to achieve net zero emissions target by reducing carbon footprint and generating clean electricity.
- Non-bank entities providing physical payment aggregator services must inform RBI of its intent to seek authorisation within 60 days.
- Johnson & Johnson’s first-quarter drug sales narrowly outpaced Wall Street expectations as the company beat profit estimates, a step towards boosting profitability after the spinoff of its consumer division.
- Bank of America Corp. traders performed better than expected as the company reaped the benefits of volatile markets and net interest income topped analysts’ estimates, even as expenses were higher than expected.
- The International Monetary Fund leveled an unusually direct criticism at U.S. policymakers Tuesday, saying the country’s recent standout performance among advanced economies was in part driven by an unsustainable fiscal policy.
- The European Central Bank should be able to cut interest rates at its next meeting if the trend in inflation persists, Governing Council member Gabriel Makhlouf told the Irish Daily Mail.
- The decision to withdraw the plea is based on advice received by the board after a detailed consultation with legal experts, Zee said.
- Indian refiners including Reliance have recently started taking Russia’s Sokol grade again after mainly avoiding it since December amid a tougher approach to sanctions from the U.S.
- The European Central Bank will monitor geopolitical risks as it embarks on interest-rate cuts in June, Governing Council member Francois Villeroy de Galhau said.