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The three farm bills introduced by the Central Government in the monsoon session of the parliament has become a bone of contention between the opposition and the ruling alliance as well as created a rift among the parties in NDA as well. The government is also facing a lot of heat from the farmers of Punjab and Haryana. With all of this going on, there are a lot of questions among the common populace and this piece tries to cover all the aspects of the tree farm bills and the hullaballoo surrounding it. All you need to know: The three ordinances introduced by the government are — The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Ordinance, 2020, The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020 and The Essential Commodities (Amendment) Ordinance, 2020.  The Union Government said that the ordinances were promulgated to ease farmers’ access to markets across the country, help them enter contracts for assured ret...

In order to understand the middle income trap, we need to first understand what is a middle-income economy. Based on the Gross national Income per capita, the World Bank classifies economies into the following broad categories: The GNI per Capita Thresholds for the purpose of economy classification and that of the United States of America, United Kingdom, China and India are depicted in the graph: What is the Middle Income Trap? It has been seen that countries in the low -income economy bracket, experience a rapid growth but as they reach the middle-income economy bracket, their growth stagnates and they are not able to move to a high-income economy bracket. Countries such as Argentina, Brazil, Mexico, Russia and South Africa have stayed ‘trapped’ for a long time in the upper middle-income category. China, with a GNI per capita of around $9,800, now in this group, was most likely to get out of the middle income trap, but it is now difficult to break through the trap because of the COVI...

Economic contraction due to COVID-19 is underway and on May 26, 2020 the estimated gross domestic product ( GDP) growth is likely to be 4.2 per cent for FY20 and (-) 6.8 per cent for FY21 according to the SBI's research report – Ecowrap. A recession is a foregone conclusion and comparisons to the 2008-09 financial crisis are being made to give context to the severity of the current situation. However, while the economy is in decline, the factors leading to The Great Recession, its duration, and lasting impact on consumers are (and will be) very different. This report discusses how, why, and what it means for companies and brands today. What happened then (The Great Recession) ? Why this time it’s different (COVID) ? What to expect next ? Budget cuts In times of uncertainty, consumers evaluate their lifestyles and reduce their spending where they can. Dining out, entertainment, personal treats, and travel are the first to be cut during “normal” downturns. COVID-19 restrictions mean ...

With the entry of Tesla in India, the buzz of electric cars, which was somewhere lost in the pandemic, has returned. Although the intensity would vary greatly across geographies, there is little doubt about the pandemic slowing the pace of electric vehicle adoption. Especially in India, the pace and focus on infrastructural development could not be retained. The reduced oil prices led to a lowered cost of ownership for the Internal Combustion Engine vehicles, diminishing the attractiveness of EVs. Decreased consumer purchasing power only added more fuel to the fire. The demand trend, though, has been inconsistent in the International markets. For example, In China, the demand recovery was quicker than expected. In Europe, the momentum is positive and the governmental push for emission regulations is bound to increase sales. On the other hand, the US market has been showing signs of stagnant sales and market shares consistently below pre-crisis scenarios. Indian Automotive Market - Snap...

Suppose you are a trader in Future Market and deals in Exchange Trade Commodity. Now due to uncertainty in market, demand for that good fell and there will be physical delivery of that good once the trading window is closed. With “constrained storage capacity” and few days for the trading window to close, what will you do as a trader? Will you trade those futures at any price (+ve or -ve) possible or Will you take the delivery and store it where the cost of storage is higher than the gains from future contract? INTRODUCTION :  US benchmark West Texas Intermediate (WTI) for May  delivery traded with $-4.29 on 20 th April and ended  trading at -$37.63 a barrel on NYMEX ahead of 21st April  close (lost 306% to settle) for futures contracts and expired  at $10.01 a barrel, although Brent Crude and other  benchmarks were in positive radar.  U.S. oil’s June contract drops over 43% to 21year low.  Overall, the energy sector is forecasted by Global Data ...