Monetary policy is a macro-economic policy laid down by the Central Bank of the country (Reserve Bank of India, in India) to manage interest rates, money supply, and availability of credit in the country. The primary objective of monetary policy ...

The current account, the capital account and financial account together make up the Balance of Payments (BoP). The BoP is affected by various aspects of the global as well as the national economy. The interest rate, the exchange rate, the ...

The pandemic has caused a global economic crisis, declining growth rates, tumultuous financial markets accompanied by limping health care systems. With a focus on elevating health care, relief bills, and stimulus packages, countries are increasing spending sans an increase in ...

The developed economies reinvent macroeconomics to frame the policies and goals. Largely the inflation and fiscal deficit dominated the economic thought. However, in the wake of pandemic with severe economic crisis there is a need to refocus on the welfare ...