Panel Discussion on Post Budget Analysis_1

The Post Budget panel discussion was scheduled on 8th March 2013. The discussion started with a small introduction by Prof. Sandip Kundu and Prof. Prasun Kumar who discussed the Direct and Indirect Taxes along with his views on GST .They suggested monetary policy of higher interest rate will help in reduction of inflation. The Introduction was followed by 9 students of IIPM, Pune with full enthusiasm and energy as a part of Panel. The discussion was focused on: 1. Introduction to budget. 2. In-depth Analysis of the Budget. 3. Positives and Negatives of the Budget. 4. Conclusion. Around 30 students except the panel attend the session and participated in question and answer round with enthusiasm and zeal to add value to the discussion. The event turned out to be a great platform to all the students of IIPM, Pune to understand the Practical implication of financial management and understand the keys of budgeting concept.

Panel discussion: Rupee slumps to all-time low of 60.72

The rupee on Wednesday tanked by a massive 106 paise to close at all-time low of 60.72 against dollar on heavy capital outflows and month-end dollar demand from importers. This massive economic issue pushed IIPM, Pune to arrange a qualitative panel discussion for all the students from Finance milieu. The event was organized on 29th June at 12 noon for Finance students but a huge participation from other Specializations was also observed. The discussion started with a powerful introduction from Prof. Gautam Ferwani, who focused on how “Things have moved completely in the wrong direction from what we may have expected or hoped to see. Today it will cause some turbulence in India as well”. Further Prof Pascoal Dantas added to the session focusing on how India needs strong government action now to attract foreign inflows. “Money will move into US and Japan equities now, so for emerging markets it is going to be a very difficult time,” Event moved into a moderated discussion among Panel members and ‘discussants’ that aim to explore and assess the Panel’s recommendations on key themes and issues. Some of the Key points were, Why the Indian rupee dipped to an all-time low against the US dollar after the Federal Reserve signaled that it could start pulling back on its monetary stimulus later this year? India's current account deficit, which is the difference between inflow and outflow of foreign currency, hit a record high of 6.7% of its gross domestic product (GDP) in the October to December quarter. The deficit occurs when a country's total imports are greater than its exports. A rising deficit impacts the country's foreign exchange reserves as well as the value of its currency. The rupee has already been under pressure because of the deficit situation and high inflation. It has fallen more than 15% against the US dollar since October last year. The event turned out to be a great platform to all the students of IIPM, Pune to understand the critical concepts of Appreciation and Depreciation of currency. It also helped in creating positive stimulus among students towards Economic conditions and its impact on various Industries as well as on common man.