Economics | Enrichwise

May 13, 2020 Economics, Financial Planning, Market Update, Uncategorized Kapil Jain

Atmanirbhar Bharat – Financial Stimulus Package Announcement – Summary of Key Measures to Boost Economy !!!!!

Atmanirbhar Bharat – Financial Stimulus Package Announcement – Summary of Key Measures to Boost Economy !!!!! #Stimulus Package MSME measures 1. Collateral free automatic loans. 4 year tenor with 12m moratorium. 100% credit guarantee on principal and interest – 3L Cr (60k Cr cover) 2. Subordinate Debt for stressed MSMEs (which are NPA or are […]

February 29, 2016 Economics, General admin

Union Budget 2016 Highlights !!!!

Union Budget 2016 Highlights !!!! 1. Rs. 35984 crores allotted for agriculture sector.2. Rs. 17000 crores for irrigation projects. 3. Two new Organic farming scheme for 5 lakh acres. 4. Rs. 19000 crores for Gram Sadak Yojana 5. Rs. 9 Lakh Crores Agriculture Credit Target. 6. Rs. 38500 crores for MANREGA, highest ever. 7. Rs. […]

July 17, 2013 Economics admin

Why RBI has hiked the Base Rate on Jul 15 & Implications

. Reserve Bank Of India (RBI) announced several measures day before yesterday late evening to tighten liquidity in the system and arrest depreciation of rupee. Why RBI wants to tighten liquidity and why the urgency. RBI had tightened liquidity to support rupee during Asian crisis: Historically, During the Asian crises of 1997-98, the RBI raised […]

December 9, 2012 Economics admin

Key Figures ~ Indian Economy ~ Week Ending Dec 07 2012

. Here are some key figures of the Indian Economy as of Dec 07 2012 Key Current Rate – Indian Economy Policy Rate Bank Rate 9.00% Repo Rate 8.00% Reverse Repo Rate 7.00% Reverse Ratio CRR Rate 4.25% SLR Rate 23.0% RBI Reference Rate / Exchange Rate INR / 1 USD 54.44 INR / 1 […]

December 6, 2012 Economics, Investment Planning admin

Who Pays for your coffee ~ Bargaining Power ~ Ricardian Model ~ Economics

I was reading the article Who Pays for Your Coffee? the other day, an interesting take on the concepts of scarcity and bargaining power. We learn the reasons behind why people pay premium price for the coffee in the morning trip (American Morning’s …that is…)… Interesting .. Ricardian Model of rents, scarcity, bargaining power and pricing… […]

November 17, 2012 Economics, Stocks, Mutual Funds, Etf's etc admin

The Illusion of prediction ~ Hindsight Bias

Everything makes sense in hindsight, a fact that financial pundits exploit every evening as they offer convincing accounts of the day’s events. And this Illusion that we understand the past fosters overconfidence in our ability to predict the future. The idea that the future is unpredictable is undermined every day by the ease with which the […]

September 27, 2012 Economics, Quotes admin

Herd Mentality ~ Charles Mackay ~ Quotes

Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one ~ Charles Mackay Extraordinary Popular Delusions and the Madness of Crowds is a history of popular folly by Scottish journalist Charles Mackay, first published in 1841. Among […]

January 28, 2012 Economics, Management admin

Getting Interested in Economics : Free Rider Problem & Law of Unintended Consequences

Free- rider is a person or group of persons who knowingly or unknowingly shares the benefits acquired from a collective effort, but contributes little or nothing to the effort. It is considered to be a problem when it leads to non-production or under-production. An example of the free-rider problem : This can happen in a […]

January 16, 2012 Economics, money admin

Why deflation can be equally if not more harmful than inflation?

Deflation happens when there is a decrease in the general prices. The prices can be of goods and services. This is exactly the opposite of what happens in inflation. In case of inflation there is a general increase in the prices. The value of money reduces in inflation and the value of money increases in […]

Category: Economics