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Showing posts from February, 2018

International Conference on Economics, Business Management and Business Analytics (ICEB), 2018

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In the quest for continued Excellence and Service, CIM, Lavasa organized an International Conference on Economics, Business Management and Business Analytics on the 17 th and 18 th of February with the Theme: “ Emerging Perspectives in a Disruptive Economy”. Ms. Unnati G Hunjan was the organizing chair and the student organizers team included- Linju, Vyashnav, Roshan, Elvis, Prerna, Nikita, Jeswin and Jinto. Emerald Publishing is releasing a special issue for the papers from this conference. The selected papers will be published in Journal of Indian Business Research (JIBR) and Journal of Advances in Management Research (JAMR). The conference proceedings will also be published in USHUS- Journal of Business Management (ISSN 0975-3311). As part of the conference, we collaborated with KEISIE University, South Korea as well as with Vision India. The President/ Chancellor of KEISIE University- Dr. Wayne Bottiger and Brand Ambassador of Vision India- Dr. Hari Krishn...
Devaluing India’s currency Countries like China devalue their currency to boost their exports in the international market. By using this strategy, goods are bought at a cheaper rate compared to the older rate. Another reason for this is to increase inflow of foreign investment into the domestic market. However, devaluing a country’s currency decreases the purchasing power of that currency and cost of imports increase and lead to a drop in the consumer confidence. The value of the Yuan, China’s currency is fixed by the People’s Bank of china. In 2015 China depreciated its currency by 2% against the U.S Dollar (changes in the different currencies are measured against a dollar).  (Riley, 2015) An indirect impact of this was the Rupee depreciating against the Dollar. India adopted a Floating Rate System in 1975 in which the value of the Rupee is determined by market forces (supply & demand). If the circulation of Rupee increases in international market, the demand for the cur...
INDIAN MARKET: PUSHED IN, PULLED OFF India is fast becoming the destination for investment preference and emerging as one of the best performing economies in the world. According to the Ernst and Young report 2016, “India is ranked 3 rd in investment destinations globally.” Another Morgan Stanley report quotes, “by digitization India GDP to hit $ 6 trillion &it will achieve the status of upper middle class by 2027.” In the previous three years, there has been an inflow of $65.35 billion into the Indian market. These FPI’s had invested $42.66 billion in debt markets and $22.69 billion in equity markets. During 2016-17 FPIs have purchased stocks worth Rs.56123 crore and, FIIs a stock worth of $26.9 billion in which $6.6 billion is in equity and $20.3 billion is in debt market. Domestic investors in India have started to invest heavily in mutual funds because people lost their interest in pouring their money into real estate sector. India is a large and potential market with a...