Signing Off – Team Declassified 2022-23

Economics Declassified has been no less than a rollercoaster. The entire Declassified team has given their countless hours to this publication, prioritizing it over pretty much everything else. But the question remains: Why? The answer is the importance of Declassified’s role in this campus. There has never been a day when we haven’t felt the…

From Boom to Burst: The Death of the Silicon Valley Bank

By Aman Kayal (Editor-In-Chief) First the pandemic and now inflation, war, rising interest rates, supply chain disruption, and more for banks globally, the combination of macroeconomic volatility and geopolitical disruption in 2022 overturned many assumptions and ended more than a decade of relative stability. Conforming to the continuing disruption, on March 10, 2023, the Silicon…

Economics Declassified Newsletter: March 2023 Issue

Greetings! The Department of Economics, St. Xavier’s College, Mumbai is proud to present the third and final edition of its official newsletter- The Economics Declassified for the academic year 2022-23. This newsletter is our attempt to establish a space for the young minds where they can learn, gain insights and update themselves with the critical…

Probing to Find the Truth: Adani – Hindenburg Controversy

After exposing the Indian company, Adani Group, of “a blatant stock manipulation and accounting fraud scheme”, Hindenburg has made headlines in Indian media. In addition to analyses of hundreds of papers and interviews with former Adani senior executives, it referenced two years of investigation. The charges have been denounced by the Adani Group as “a vicious…

In Conversation with Dr. Tirthankar Patnaik

National Stock Exchange of India Limited (NSE) is one of the leading stock exchanges in India, based in Mumbai. It is the world’s largest derivatives exchange by number of contracts traded and the fourth largest in cash equities by number of trades. Its main motto is to improve the financial well-being of people. Dr. Tirthankar…

Is the Blue Economy an Economic Boon for India?

By Karishma Malhan and Jillian Tauro | Edited by Ikshita Jain and Aashni Rebello India’s Blue economy policy refers to the sustainable use of the plethora of ocean resources accessible in the country. These are utilised for economic growth, improvement of livelihoods and jobs, all while maintaining a healthy ecosystem through harnessing the resources to…

LIGHTS, CAMERA, MONEY: THE ECONOMICS OF THE FILM INDUSTRY

By Tanisha Kamat | Edited by Khushi Shah India’s box office is no stranger to the limelight, with a staggering $1.4 billion valuation in 2019 (pre-pandemic) and an impressive 11.5% year-over-year increase since the 2000s. At the heart of this success is Bollywood, the hub of Indian cinema, covering a sprawling 30-square-mile area that wields…

Workshop on Is the Union Budget 2023 truly a Budget of Amrit Kaal?

Want to learn more about the Union Budget 2023 but find it too difficult to understand? Don’t worry! Team Declassified has got you covered. On the occasion of moving closer to 100 years of Independence, we have organised a workshop to explore whether the Union Budget 2023 is truly a Budget of Amrit Kaal Date:…

The Economics behind Global Layoffs

By Shriya Vora | Edited by Ikshita Jain News of various reputed companies firing not hundreds but thousands of employees, is a cause of concern for the world economy. Employees fear that they will be the next to lose their jobs amidst such a volatile job market. It is no joke to hear about profitable…

Deconstructing Budget 2023-24: A Journey of India@100

By Vasudha Jha | Edited by Atiyah Krishnan India’s 75 years of Independence has showcased its resilience, with an economic growth estimated at 7%, the highest among the major economies despite the geopolitical scenario of the covid-led slowdown, Russia-Ukraine war and supply chain disruptions. This year’s budget envisions the time “Amrit Kaal” (2022-2047) for a…