Gold Chain

Global headwinds including inflation, war and geopolitical tensions, recession, tightening policies and climate change forced energy  importing countries to struggle much to overcome supply disruptions of energy and fuels.Consequently the  soaring prices have caused havoc in many economies and forced millions of people back into both poverty and energy insecurity. Global energy related CO2 emissions also rose by a record level in  2021. It may be noted here that historically the first energy transition took place from wood to coal in the 18th century and  19th century is known as the "Century of coal ".Eventhough oil was discovered in 1859 oil overtook coal only in 1960s as the prominent energy source.Oil natural gas and coal markets all tightened in the latter part of 2021 increasing prices as demand pushed against apparently insufficient supply.                  India resolved to become Net Zero by 2070 and meet half of ...

 Inflation refers to a situation where the value of money falls and prices of goods and services increases, primarily due to either a push in costs of production or pull in the demand for output or a combination of both.After the outbreak of Covid19 research interest in inflation dynamics and inflationary expectations gathered momentum.Studies are anchored to the inflation target given its importance to security and price stability especially in the medium term.Inflation expectations broadly indicate what different economic agents namely consumers, businesses and investors assess today about inflation in the future.As the evolution of the inflation trajectory is conditioned by inflation expectations central bank focus on anchoring inflation expectations and if it is anchored expects that short term supply disruptions or shocks would not alter the  expectations about inflation in the medium term.Normally the measurement of inflation conducted at the retail level is known as Con...

 Eventhough the timing of Hindenburg research report released after two years of investigation may be doubted but their evidence suggests that Adani corporate group has engaged in brazen stock manipulation and accounting fraud and stock manipulation at the conglomerate, that ranges from logistics to airports and electricity. The report states that the company had 38 shell companies in Mauritius, Cyprus, Caribbean Islands UAE and Singapore through which money was being round tripped into both listed and unlisted companies of the group. Generally companies pool capital from a large investor base both in domestic and international capital and the regulators are required to govern them effectively.Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled.It plays a crucial role in ensuring that business are run ethically and in the best interests of their stake holders. Investment is ultimately an act of faith in the abil...

Under a strong wicket of comparatively resilient strong and stable macroeconomic environment  India's Finance minister presented budget for 2023-24 that signals  growth and stability, a vision for Amrit Kaal  with thrust on - opportunities for youth and citizens, growth and Job creation. With an eye on India @ 2047 budget proposals  were aimed at realising a " technology driven, knowledge based economy with strong Public finances and robust financial sector".Seven priorities were identified to meet growth,  stability and employment namely 1. Inclusive Development 2.Infrastructure and Investment 3.Unleashing the potential 4.Green Growth. 5 Financial Sector development 6.Youth power and 7.Reaching the Last Mile.Apart from whopping  increase in allocation for infrastructure development, personal income tax exemption upto ₹7 lakhs under the new scheme regime for personal income tax, 5.9% fiscal deficit target, 50 year interest free loans to states to boost capi...