Economyria https://economyria.com/ ECONOMY SIMPLIFIED Wed, 21 Feb 2024 09:37:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 http://economyria.com/wp-content/uploads/2015/09/favicon-32x32.png Economyria https://economyria.com/ 32 32 Why is Karnataka protesting against the Central Government? http://economyria.com/karnataka-protesting/ http://economyria.com/karnataka-protesting/#respond Wed, 21 Feb 2024 09:37:34 +0000 https://economyria.com/?p=3588 Southern states are protesting because they believe it is unfair that they contribute significantly to Central Government taxes but receive disproportionately little in return. Firstly, let’s delve into the tax structure in the country: The State Governments gathers taxes on alcohol, fuel, road tax, stamp duty, and a share of the GST Meanwhile, the Central …

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]]> http://economyria.com/karnataka-protesting/feed/ 0 The Dragon’s Rest: What’s Slowing Down China’s Economic Growth? http://economyria.com/china-slowdown/ http://economyria.com/china-slowdown/#comments Mon, 04 Sep 2023 14:31:14 +0000 http://economyria.com/?p=3565 China’s Economic turbulence: A dragon at rest? China, the world’s second-largest economy, has been making headlines for all the wrong reasons lately. The dragon’s mighty roar seems to have turned into a subdued purr as it navigates a series of economic challenges. Economic indicators data hush-up One notable move is China’s decision to stop publishing …

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]]> http://economyria.com/china-slowdown/feed/ 1 Why did Silicon Valley Bank Collapse? – Explained http://economyria.com/why-did-silicon-valley-bank-collapse-explained/ http://economyria.com/why-did-silicon-valley-bank-collapse-explained/#comments Sun, 16 Apr 2023 09:23:33 +0000 https://economyria.com/?p=3550 Silicon Valley Bank (SVB) was the 16th largest commercial bank in the US Today, it is no more SVB was based in California, US, and its collapse is the biggest financial disaster since 2008 [You may also read- the financial crisis of 2008 simplified] Silicon Valley Bank collapsed because depositors rushed to withdraw their money, …

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]]> http://economyria.com/why-did-silicon-valley-bank-collapse-explained/feed/ 1 What is e-Rupee? http://economyria.com/what-is-e-rupee/ http://economyria.com/what-is-e-rupee/#comments Fri, 27 Jan 2023 05:40:01 +0000 https://economyria.com/?p=3538 The Reserve Bank of India (RBI) has introduced a new digital version of the Indian rupee, called the e-rupee. The e-rupee is a digital version of the physical rupee and is intended to be used for digital transactions. On Dec 1 2022, the RBI has announced start of the first phase of the retail e-rupee …

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]]> http://economyria.com/what-is-e-rupee/feed/ 2 Impact of Russia-Ukraine War on India http://economyria.com/impact-of-russia-ukraine-war-on-india/ http://economyria.com/impact-of-russia-ukraine-war-on-india/#comments Sun, 27 Feb 2022 05:27:40 +0000 https://economyria.com/?p=3514 In the aftermath of Russia’s invasion of Ukraine, countries around the world have imposed heavy economic sanctions to deter Russia. The sanctions are intended to hurt Russia’s economy. The sanctions will cut off major Russian banks from the US financial system, ban Russia’s technology imports, and also target the country’s wealthy individuals. It will also …

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