For people who are related to the stock market, IPOs (Initial Public Offering) are perceived as a big money-making opportunity. Indeed, many prominent companies seize headlines with huge gains, when they go public. Recently, online food delivery platform ‘Zomato’, launched its IPO on Wednesday, July 14, 2021, and saw its issue get subscribed 38.25 timesContinue reading “What is IPO? – Zomato ‘A case study’”
Author Archives: Arthashastri
Economic Growth and Economic Development
Economic growth and economic development are the factors measuring the growth of an economy. They may sound similar although, economic development is a broader concept than economic growth. What is Economic Growth? Economic growth refers to an increase in the value of goods and services produced in a given period in an economy. It isContinue reading “Economic Growth and Economic Development”
Aiding Global Economy : IMF
International Monetary Fund (IMF) is a global organization formed in July 1944 during the great depression. It came into operation in December 1945 to stabilize the global economy. It was formed when the global economy collapsed to accelerate the slowdown in the world economy. Headquartered in Washington D.C., USA, IMF emerged as a part ofContinue reading “Aiding Global Economy : IMF”
Why can’t the central bank print unlimited currency?
With the Covid-19 crisis, the entire nation is clutched in the tentacles of the deadly virus. Companies are laying off their employees, migrant laborers are forced to take shed back again in their hometown, and health infrastructure is completely shattered. With no sign of virus shoving off, sustaining without active income is proving to beContinue reading “Why can’t the central bank print unlimited currency?”
What are Assets?
IFRS (International Financial Reporting Standards), the most widely used financial reporting system, defines: “An asset is a present economic resource controlled by the entity as a result of past events. An economic resource is a right that has the potential to produce economic benefits.” The definition under US GAAP (Generally Accepted Accounting Principles used inContinue reading “What are Assets?”
The Wealth of Nations
Smith published his most important work, “An Inquiry into the Nature and Causes of the Wealth of Nations” (shortened to “The Wealth of Nations”) in 1776 after returning from France and retiring to his birthplace of Kirkcaldy, Scotland.5 In “The Wealth of Nations,” Smith popularized many of the ideas that form the basis for classicalContinue reading “The Wealth of Nations”
What is Economics about?
The term Economics originates from the word ‘oikonomia’ meaning household Economics. Economy is thus the study of how to transform scarce resources into goods and services to satisfy our wants and how we distribute it. This definition is still incomplete as it focuses on fixed resources. The two main concepts of modern Economics is notContinue reading “What is Economics about?”