वित्त मंत्रालय के तहत एक स्वायत्त अनुसंधान संस्थान

 

Demonetisation under incomplete financial inclusion

30/11/2016

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Implications for demand growth & sectoral inflation

 

Following the announcement by Prime Minister Narendra Modi, Indian currencies with denomination 500 and 1000 have ceased to be the medium of exchange from the midnight of 8th November, 2016. This demonetisation move is implemented as a tool to measure the stock ...


The myth of black

28/11/2016

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Black economy draws the ire of common man and policy makers. In the 2014 elections, the proposal to tackle black money gained currency. More than two years passed and the common man was left wondering if any measure will really be taken in this direction. On 8th November, 2016, the ...

Methods for measurement of delays in the bankruptcy process

25/11/2016

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When dealing with distress, the single big idea for avoiding value destruction is speed of action. Delays destroy value. When we cope with failing firms (through a bankruptcy code) or failing banks (through a resolution corporation), the measure of institutional quality is the recovery rate, and the key determinant of ...


Runs on real estate companies?

25/11/2016

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A new threat

 
Many households in India like to invest in real estate, even though this has not worked out as a great asset class. The Indian real estate business has been facing considerable difficulties in the present business cycle downturn. The recent `de-monetisation' is expected to adversely affect ...

Demonetisation and the Currency Substitutes

25/11/2016

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The demonetisation by the government removed 86 percent of the currency in circulation. This was all currency being held in the form of Rs 500 and Rs 1000 denomination notes. These notes are currently being replaced gradually by notes of Rs 100 and Rs 2000 denomination. There are two problems ...