Doing Away with Peso and Embracing Dollar: What lies ahead of Argentinian Economy?
Messy situation in store for Argentina as President-elect Milei promises to do away with the peso.
Messy situation in store for Argentina as President-elect Milei promises to do away with the peso.
The faceless audit system is well-intentioned, but its execution lacks finesse.
The Finance Minister Nirmala Sitharaman in the Union Budget 2022-23 announced that the RBI will soon launch the Digital Rupee using blockchain technology. This digital rupee will be India’s CBDC.A Central Bank Digital Currency or a CBDC is a virtual form of fiat currency. A fiat currency is a currency that is backed up by the government. E.g., bank deposits, coins, currency notes.
Subrata Roy was indeed a titan of Indian business, rising from relatively humble origins to become India’s biggest employer in the private sector, presiding over a business empire that sprawled across financial services, real estate, aviation, media and entertainment.
The shock and sense of injustice that most Indians feel at the ouster of a founder from the company he or she founded also gives, in the same breath, legitimacy to founders being held responsible, without limit, for the failure of the company and for its resultant liabilities.
The EdelGive Hurun India Philanthropy List 2023, which was released on November 2, has 119 philanthropists who gave away ₹8,845 crore in 2022-23. Philanthropy is welcome, but impact investing would benefit society more.
What is impact investing? It is investing that prioritizes an intentional, measurable social or environmental benefit over maximizing financial returns. Impact investing is gaining traction among asset managers as a superior alternative to vaguely defined ESG integration. They aim to generate decent financial returns while helping achieve identified social and environmental goals. The global hunt for impact investing opportunities is welcome, but Indian entrepreneurs should model themselves on the Omidyar Network rather than chase after an ESG gloss to their returns.
Session ReportAasthaba Jadeja “A One Month Online Intermediate Certificate Training Course on Contours of the Public Policy in India in the Amrit Kaal was organized by the Center for the Study of Finance and Economics (CSFE) at the IMPRI Impact and Policy Research Institute, New…