A vibrant, prosperous economy isn't a static entity. It undergoes a cycle of growth, maturity, and possibly decline, driven by a complex interplay of economic, political, and social dynamics.
This article delves into the importance of forex reserves, the shifting trends in reserve currency preferences, and the emergence of de-dollarization, as nations seek to diversify their holdings and reduce reliance on the US dollar.
The UK had faced a continued slump in growth since the 2008 Global Financial Crisis, and the period of controlled inflation and lower costs of borrowing ended at the start of 2022. This incited the set of policies as well as the ideas and drivers underpinning them, which were then dubbed “trussonomics.”
Companies from all sectors and even those who aggressively hired employees during the pandemic are on the verge of hiring freezes due to macroeconomic uncertainty hovering around the world. Companies like Amazon, Shopify, and Peloton were some big names that almost doubled their workforces to manage smoothly through the pandemic surge and meet customer demand.
Behavioral finance combines psychology with finance to examine investor behavior and understand how people make financial or investment decisions, individually and collectively. The groundbreaking work of psychologists Daniel Kahneman and Amos Tversky in the 1970s-1980s revealed striking insights into the complex ways in which the human mind operates.
UPI has become the world’s largest real-time payments system. In FY2021-22, it accounted for nearly 40% of the 55 billion transactions that took place in India during the year. Total transactions crossed ~ Rs. 84 lac crore (breaching the $1 trillion mark) in the same year.
SPACs or Special Purpose Acquisition Companies have garnered a lot of boardroom attention post the successful IPO listing of companies like Virgin Galactic, WeWork, and ReNew Power. SPACs' popularity was limited only to the U.S. until now, but now they have begun being considered by regulators worldwide.
What is a stablecoin? Stablecoins are cryptocurrencies that are designed to provide users with the benefits of cryptocurrencies without the high volatility of conventional cryptocurrencies such as bitcoin or Ethereum. While conventional cryptocurrencies allow users to carry out transactions, their highly volatile nature makes them economically unviable for such transactions. This is where stablecoins come […]