Knowledge Series X : Forecasting Exchange Rates

- Purchasing Power Parity (PPP) :The purchasing power parity (PPP) is perhaps the most popular method due to its indoctrination in most economic textbooks. The PPP forecasting approach is based off of the theoretical Law of One Price, which states that identical goods in different countries should have identical prices.For example, this law...

vehicle scraping policy

Vehicle Scrapping Policy

The government on Saturday said a Cabinet note has been formulated for the vehicle scrapping policy. "Ministry of Road Transport and Highways (MoRTH) has formulated a note for Cabinet on creation of an ecosystem for voluntary and environment friendly phasing out of unfit and old polluting vehicles," Minister of State...

A step towards Identifying NPA without Human Intervention

The Reserve Bank of India, on Monday, asked banks to upgrade their systems by June 30, 2021, for identification of non-performing assets (NPA) and calculation of provisioning. It seems that the RBI wants an automated system without human intervention that identifies NPAs and also makes provisioning without human intervention. This...

Toyota says No Further Expansion

Toyota Motor Corp. won’t expand further in India due to the country’s high tax regime, a blow for Prime Minister Narendra Modi, who’s trying to lure global companies to offset the deep economic malaise brought on by the coronavirus pandemic. The government keeps taxes on cars and motorbikes so high...

ROE and ROCE – Know the Difference between ROE & ROCE

When it comes to investing for longer period in financial market, making decision without knowing the companies well; may result in losses. It is always important to evaluate a company on many parameters before making investment decision. Financial Statements – Balance Sheet, Profit & Loss statement, Cash Flow statement along...

Are we going to use more cars !

The car sales are now near normal in July. Commercial vehicle sales are still quite weak and needs Government support in some form or the other. Lower GST will certainly help the sector get some boost. Two wheelers have also been still about 16-20% below normal. So, it seems that...