Introduction The debate about whether regionalism is the “stepping stone or stumbling block” for multilateral trade liberalization was first brought up by Jagdish Bhagwati in his writings which have been referred to numerous times in this paper. He has been a staunch supporter of free trade and refers to RTAs […]
Sankalp Shanker Srivastav Editor’s Note: India is witnessing strong growth prospects in organized retailing with foreign retail players willing to make investment in the sub continent. India, being the country with the second most-population, has immense scope for retail expansion as along with time, urbanization and consumerism has also been increasing. […]
Shabnam Saidalavi, School of Legal Studies, Cochin Editor’s note: A volatile market is one fraught with great price instability. It is highly risky. This paper examines the volatility in the market before and after 2008, and the challenges it faces. It also examines the diversity of Indian markets and the […]
The usage of license to signify a transaction is widely used by laymen, who rarely think in terms of jural relations. In the following study, the author has made an attempt to explain the meaning of licence and how a licence is granted in India. Moreover, it is important to have an understanding of the difference between a lease (that is a tenancy), easement and a licence under general law so that one knows what one is dealing with in any particular case. Therefore, the author has also sought to draw a line between these concepts.
By Anonymous Introduction Nowadays, on almost every news channel and in almost every newspaper, we hear that this will happen if inflation eases, monetary policy may ease if inflation comes down, inflation increases by this much percentage, inflation rises to this level in this month and what all and what […]
Anonymous Editor’s note: India has been home to several scams post 1992, resulting to losses amounting to lakhs of crores of rupees to the economy. These include, in reverse chronological order, the 2G scam, Satyam Scandal, UTI Scam, Fodder scam, and the Harshat Mehta scam. Scams may be defined as […]
By Sumit Kumar Suman, CNLU INTRODUCTION Pure competition is a market situation where there is a large number of independent sellers offering identical products. It means it is a term for an industry where competition is stagnant and relatively non-competitive. Companies within the pure competition category have little control of […]
By Oyshee Gupta (CNLU Patna) & Suhaas Arora (RGNUL Patiala) EDITOR’S NOTE:- The repercussions are most irreparably felt by the economy.Investors usually evaluate the prospects of investment based on the policies of the incumbent governments as well as the possibility of changes in government. For developing nations, the economy is […]
Tarunya Shankar Editor’s note: The Great Depression lasted from 1929 to the late 1930s in the USA, preceded by a conservative regime that advocated laissez fair, allowing the market to be and to fix itself. This principle fell apart as hundreds of thousands of people became unemployed and destitute, businesses […]
Corporate Debt Restructuring (CDR) mechanism is a voluntary non statutory mechanism under which financial institutions and banks come together to restructure the debt of companies facing financial difficulties due to internal or external factors, in order to provide timely support to such companies. The intention behind the mechanism is to revive such companies and also safeguard the interests of the lending institutions and other stakeholders. The CDR mechanism is available to companies who enjoy credit facilities from more than one lending institution. The mechanism allows such institutions, to restructure the debt in a speedy and transparent manner for the benefit of al
While it has proved to be fruitful in many cases, still there is a lot of scope for improvement. Various issues arise such as foreign lender’s reluctance to be a part of the CDR process along with Indian banks, because they feel that the process is more favourable to Indian lenders and could be misused by sertain entities. The analysis shows that many restructured cases turn into bad assets over a period of time. A thrust area which needs a further look-in is the post-restructuring phase which demands heavy monitoring.
Prakhar Maheshwari, West Bengal National University of Juridical Sciences Editor’s note: From 1929 to 1933, USA experienced a fall in employment, production of goods and services, stocks, and bank assets. Prices fell dramatically, people went hungry, and the effects of this financial downturn (named the Great Depression) resonated worldwide. This […]
Prakhar Maheshwari, West Bengal National University of Juridical Sciences Editor’s note: The final impact of a war is often observed on the country’s economy. Heads of state are lauded for handling wars, which have traditionally been fought for wealth, money and ideology. The examples are countless – impact of […]
By Pravesh Aggarwal, RGNUL Editor’s Note: This paper deals with the relevance of the ordinal approach in real life consumption pattern of a consumer. The first part discusses the application of the ordinal approach in the rationing of the good to a consumer. In economics, rationing is an artificial restriction of […]
By Mohak Rana, NMIMS, School of Law, Mumbai ‘Editor’s Note: Disaster or catastrophe or any such accident is inevitable. Almost all the nations witness such misfortune. Therefore planning and organizing of rapid forces which can work during such mishaps have been developed by all the nations in the form of […]