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Economy - Angel One

India’s construction Industry Poised for global recognition

20 February 2024

India’s Construction Industry Outlook India’s construction industry is on track to become one of the world’s top three by 2025, according to Minister of Housing & Urban Affairs, Hardeep Singh Puri. Addressing the inauguration of the National Workshop on Recent Development with Recycling and Use of Construction and Demolition (C&D) waste in the construction sector, …

India Poised To Join The Energy Table: Talks Begin For IEA Membership

15 February 2024

India, the world’s third-largest oil importer, is poised to embark on discussions to become a full member of the International Energy Agency (IEA), signalling a significant development in global energy governance. This move, announced after a ministerial meeting in Paris, underscores India’s growing strategic importance and its commitment to addressing energy and climate challenges on …

A Guide to Economic Recession

19 January 2023

A country or the world might face an economic slowdown at any point in time. This downturn or recession significantly impacts the country’s economy, which is generally visible in the employment rate, industrial production, real GDP, the decline in retail sales, and national income. Before we understand what causes recession and how to recover from …

The Indian Growth Story is Here to Stay

23 November 2022

“Worrying doesn’t empty tomorrow of its sorrows, it empties today of its strengths.” – Corrie Ten Boom – timekeeper Don’t worry, stay sharp The Indian stock market has not shown much growth in the past 1 year. While the Nifty 50 has grown by only 2.03%, the S&P BSE Sensex has grown by 2.43%. You …

CBDC Pilot Project Introduced by the RBI: How it Works and What Impact will it Bring?

7 November 2022

What is CBDC? The RBI has said that CBDC or Central Bank Digital Currency  is broadly defined as legal tender (or currency) in digital form. It is a store of value that can be converted into paper currency and would appear as a liability on the central bank’s balance sheet. It is based on the …

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