A view on the financial world.
Monday- 20th June 2016 Raghuram Rajan's refusal to stand for a second term as RBI's Governer saw a slump in the stocks, bonds, and the rupee market. He has announced his return to academia. Amazon and Walmart are looking to battle for the market in India after an introduction of new FDI policy which allows e-commerce in …
Continue reading "Brexit, Rexit, Nikesh Arora resigns – Weekly Digest #2"
Britain has voted to exit from the European Union, causing a worldwide turmoil in the market. To understand the consequences, let us first clear some of the basics. European Union- It is a politico-economic union of 28 member states. It has developed standardised trade laws which have to be followed by every member state to be …
Starting this week, this blog shall initiate 'Weekly Digest'. For this, we shall be posting a brief summary of news that affected the business world during the week. Main events will be picked from Monday-Friday and their summary will be posted on the weekend. The news events that occurred during the weekend will be covered …
