Category: Exclusive

India’s capital market ecosystem is built upon a carefully layered institutional architecture designed to ensure systemic stability, transparent price discovery, investor protection, and settlement certainty. The framework consists of: Regulator Appellate Authority Stock Exchanges Clearing Corporations Depositories Intermediaries Stock Exchanges, Clearing Corporations & Depositories are collectively classified by SEBI as Market Infrastructure Institutions (MIIs). 1. … Read More “Structural Framework of the Indian Capital Market: Incorporation, Governance and Functional Role of Market Infrastructure Institutions” »

Fiscal Framework & Macroeconomics: Fiscal deficit target set at 4.3% of GDP for FY 2026–27, signalling continued fiscal consolidation while supporting growth. Estimates include non-debt receipts at ₹36.5 lakh crore and total expenditure around ₹53.5 lakh crore. Capital Expenditure & Infrastructure: Record capital expenditure of ₹12.2 lakh crore allocated for FY 2026–27 — ~8.8% higher … Read More “Union Budget 2026: Key Highlights and In-Depth Analysis” »

Asia, the world’s largest continent is also having the largest and most diverse economy in the world, making it a central pillar of the global economic system with over 60% of the world’s population and around 37% of the total world GDP (in nominal terms). Asia plays a decisive role in production, consumption, trade, and … Read More “Economy of Asia: An Overview” »

India’s gold reserves have emerged as a critical pillar of the country’s external strength, monetary credibility, and long-term economic resilience. Managed by the Indian Central Bank & Banking Systems Regulator ‘Reserve Bank of India (RBI)’, these reserves are not merely symbolic assets but an integral component of India’s foreign exchange reserve strategy. Current RBI Gold … Read More “India’s Gold Reserves” »

Share repurchase programs (also called stock buy backs) have become one of the most popular concepts in corporate finance. Companies in the S&P 500 collectively spend substantial amounts on buybacks, which in some periods exceed their investments in areas such as R&D, capex, or payroll.  This has elicited great controversy among analysts: Do stock buybacks … Read More “Stock buybacks Do they add shareholder value?” »

Overview The world is gradually deflationary trend, but the pace and degree to which this change will be occurring differs greatly between the advanced (developed) and the emerging/developing markets. According to the projections of the International Monetary Fund (IMF), the world will have its headline inflation reduced by about 6.7% in the year 2023 and … Read More “Inflation Trends: A Comparative Study of Developed vs Emerging Markets” »

The world economy started the week on an upward but foreboding tone as investors responded to indications of improvement in the political gridlock of the United States and new information indicated increasing cracks in the global economic flows of trade. In the meantime, the safe-haven investments, like gold, shot up on new fears of a … Read More “Global Economic Outlook: Markets Rally Amid Shutdown Relief, but Trade Weakness and Inequality Persist” »

Introduction The impact of trade policies in a highly interconnected economy such as the growth, competitiveness and consumer welfare is significant when it comes to a globalized economy. In the past decade, approaches to protectionist policy have reemerged (specifically, tariffs) in response to the local industry protection and to address trade imbalances. However, although such … Read More “Effects of Tariffs and Protectionism on International Trade” »