Financial Economics

Does New Delhi support a new Union Territory? Upliftment of Jammu & Kashmir     Article 370 has always been a hot topic in the Republic of India. Several people have a variety of opinions regarding it. Most of the time these opinions are polarised. In this article, I am not going to talk about how Article 370 was productive or not. I am going to present a different aspect of it, i.e. economic impact on the new Union Territory after the removal of Article 370.   India’s Home Affairs Minister has presented a bill to remove the article. New Delhi has promised growth in the new Union Territory. So will the removal of Article 370 will have such a significant impact? To understand it we have to analyse the data. More than a year has passed since the Government has removed the 370. So sample size is very small to conclude whether is it profitable or not, especially when almost half a time country was under lockdown. Thus, we have to use a different method to get a clear view...

Roads are everyday things nowadays but how such a common thing can actually affect the Economic Development? And how it affects our Financial Economics? These questions we are going to discuss in this blog. “US doesn’t have good roads because it’s rich but rich because it has good roads.” -           Henry Ford  As Henry Ford says, the road is used as a median for economic development. Good drives can lead towards Economic Growth. That’s why while studying economics many books focus on public expenditure and deficit budget. Government deficit budget has importance in developing country. So how can we achieve economic development by just developing roads? We will divide it into two parts i.                     Business use ii.                   Nor...