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Economy - Angel One

A Guide to Economic Recession

A Guide to Economic Recession

19 January 2023

A country or the world might face an economic slowdown at any point in time. This downturn or recession significantly impacts the country’s economy, which is generally visible in the employment rate, industrial production, real GDP, the decline in retail sales, and national income. Before we understand what causes recession and how to recover from …

The Indian Growth Story is Here to Stay

The Indian Growth Story is Here to Stay

23 November 2022

“Worrying doesn’t empty tomorrow of its sorrows, it empties today of its strengths.” – Corrie Ten Boom – timekeeper Don’t worry, stay sharp The Indian stock market has not shown much growth in the past 1 year. While the Nifty 50 has grown by only 2.03%, the S&P BSE Sensex has grown by 2.43%. You …

CBDC Pilot Project Introduced by the RBI: How it Works and What Impact will it Bring?

CBDC Pilot Project Introduced by the RBI: How it Works and What Impact will it Bring?

7 November 2022

What is CBDC? The RBI has said that CBDC or Central Bank Digital Currency  is broadly defined as legal tender (or currency) in digital form. It is a store of value that can be converted into paper currency and would appear as a liability on the central bank’s balance sheet. It is based on the …

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