Financial Economics

  The Indian economy is facing Inflation during the Recession? Inflation at 6.93% even at GDP record -23.9%   India is a third world country. It does not possess the money or the resources that other countries across the globe enjoy. Then the Indian economy has blossomed in the past and is currently in the top 6 economies in the world. The world is expecting the Indian economy to be in the top 3 economies in the world in half-a-century or less. COVID-19 has emerged in late 2019 and spread across the globe like wildfire. It has impacted not only developing but also developed countries. Many nations have imposed lockdowns to stop spreading the virus but it has shown adverse effects on the economic activity of the countries. Restrictions imposed in India have also shown the same output. Very few people are allowed to travel or work. As a result Demand contracts and those without enough labour output for business also shrunk. All these activities make the idle recipe of Recession ...

  Economic recovery after COVID-19 crisis Types of economic recoveries It has been almost over a half year has elapsed from first-ever novel coronavirus case recorded in the People’s republic of China. In this, a couple of quarters the world had witnessed a bunch of unexpected scenarios which had directly or indirectly affected the normal life of Homo sapiens.  COVID-19 has claimed 602K lives and infected over 14 million people across the globe. The curve shows no signs of slowing down in the coming month or so. As the virus is highly contagious governments have to impose strict lockdowns in their respective countries.  This result in loss of revenue to the firms and people start losing their jobs. Many firms have filed for bankruptcy whereas many firms have asked for govt. help to sustain the current crisis. As a wise man said, every cloud has a silver lining. The cases in a bunch of nations seem to slow down and authorities are gradually opening its economy. ...