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Politics vs economics: which best explains the world we live in?

“Leaving the EU would almost certainly damage our economic prospects”. Those words formed the headline of a joint statement from the National Institute of Economic Research, the Institute for Fiscal Studies and the Centre for Economic Performance at the London School of Economics way back in June 2016. Still, a few days later the British public voted to leave the ... Read More »

An Immediate Need of the Hour: Smart Cities

Successful Business Man Outdoors Next To Office Building

Smart technology is challenging, convincing and converting the human ecosystem in a million different ways. Let’s go back a century, technology was emerging to support us, provide aid and thus follow us. Soon an altered technology started walking along with us and not long ago technology has started ruling our lives. Smart technology today drives Smartphones, Smart TVs, Smart Cars, ... Read More »

How IRB Infrastructure operates one of the largest BOT portfolios in the country?

There are quite a few models used to finance large projects in India, and one such model is BOT (built, operate, transfer), which is mostly used to finance infrastructure projects developed through public-private partnership. In this form of project financing, a private entity receives a concession from private or public sector to design, construct, finance, own and operate a facility, which is ... Read More »

Popular economic policies laid out Trump administration

Donald John Trump, 45th President of the US, has laid out some major economic policies for making America, what he calls, to be great again. Though he has been already involved in so many controversies, some of the economic policies laid out by him are worthy of appreciation. His economic policies had both positive and negative effects on the economy. ... Read More »

Can using Carbon steel pipes complement oil reserves in meeting India’s growing energy demands?

Energy has been universally recognized as one of the most important resources for economic growth and development. Without a robust energy network, urban agglomeration and economic development in India isn’t possible. At present,the country imports about 83% crude oil. Thus, any fluctuation in the price of crude oil in the international market leads to increase in the price of oil ... Read More »

After ‘Year of Construction’, what lies ahead for the infrastructure industry?

The Ministry of Road Transport and Highway (MoRTH) declared the financial year 2018-19 as the ‘Year of Construction’. The infrastructure industry consolidated on the gains accrued from the major reforms introduced in the last few years. The FY 2018-19 was also a year of monitoring the ongoing projects, while addressing roadblocks and adding to the momentum achieved in the previous ... Read More »

8 Ways To Save Tax In 2019-20

Taxes essentially fund a country’s development, which is why it’s our duty to pay our taxes in a timely and honest manner. If you feel burdened by taxes, it is probably because you are not aware of tax saving options provided under Income Tax Act. If you utilize these options, you can reduce your overall tax liability and increase your ... Read More »

Open banking: One year, and counting

open banking

13th January was the day when Open Banking came into reality for consumers of the UK. Open banking gives the full capability to the consumers by handing them the opportunity to access to all information about them smoothly. In this context, the consumers assert more control that the authority. The Revised Payment Service Directive or PSD2 that came into effect ... Read More »

Obamacare: How has it affected the U.S. economy?

obamacare

After Medicare was added in the 1960s, Obamacare is the biggest social legislation carried out since then. In 2010, it was signed by the President Barack Obama which aimed to decrease the amount of unremunerated care an average US family pays by advising everyone to have health insurance or to pay a penalty as a tax. However, it has invited ... Read More »

The collapse of tpp: trading down

tpp

The Trans-Pacific Partnership (TPP) is the world’s most determined trade deal. After the victory of Donald Trump, America has abandoned TPP, and counter effectively it killed the trade impact that was a decade long in the works. Amidst all the unknowns about what Mr Trump’s presidency might mean, this is one of the few certainties. The consequences are far-reaching. TPP’s ... Read More »

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