Our Journals


Latest Issues

Our Experts

Latest Articles/Papers

Title: A Study on Green Bond Framework and Indian Government Initiative for Green Bond Market

Abstract: Green bonds are a new and emerging field in finance. It falls into the more general category of green finance. The money raised by Green Bonds is invested in green projects. Through investments in Energy Efficiency, Renewable Energy, Green Infrastructure, and Water Improvement, they stand for Socially Responsible Investing (SRI). The global temperature is rising and the landscape is changing drastically. Science demonstrates that climate change is severe and that action must be taken quickly to rescue the planet. Scholars from all around the world are working in a variety of industries, including finance. Furthermore, green bonds are a significant means of stabilizing the state of the environment as it exists today. The study will examine green bonds from various perspectives. The framework for green bonds will be covered in the part first, followed by the Indian government's initiative to develop the green bond market. The study concludes that the Indian Government has implemented measures to encourage the adoption of green bonds by offering incentives and tax advantages to investors. Green bonds' performance in India has been encouraging, and this has opened up new finance options for eco-friendly projects. We should continue to see the government promoting for the use of green bonds and creating an environment that will encourage their growth. This will help India move toward a sustainable and more ecologically friendly future.

By Md Irshad Ali Tanwar a*, Mohd Mohsin Qureshib
In Volume: 12,Issue: 2
Title: A Study of the Liquidity Position of Certain IT Companies Using One-Way ANOVA

Abstract: This study conducts a one-way ANOVA analysis on the liquidity condition of specific IT companies using their yearly financial reports from 2013-2014 to 2022-2023. The study aims to examine the liquidity and profitability positions of chosen IT organizations. This study used a one-way ANOVA to do a liquidity analysis of the chosen company. The study indicates that the liquidity position is below the allowed threshold due to a higher proportion of current liabilities.

By Pratik J. Shukla*
In Volume: 12,Issue: 2
Title: Sustainable Development Goals (SDGs) 2030 - Challenges for India

Abstract: Sustainable Development Goals are a set of global goals that aim to tackle pressing environmental and socio economic challenges before 2030. India is one of the most diverse and populous nations in the world, and as such, it faces unique challenges and opportunities when pursuing these ambitious goals. This paper examines India's challenges in achieving its SDGs. It highlights key concerns and offers insights on potential strategies to achieve success. This paper provides an overview of all 17 SDGs. It emphasizes their inter connectedness and relevance to India's current development. The paper then focuses on the challenges India faces in such areas as poverty reduction, access to healthcare, education, equality of gender, adoption of clean energy, and sustainability. The challenges of India are discussed in the context of its socio-cultural economic and political system. This research focuses on identifying the barriers that prevent India from achieving its SDGs. This includes disparities in income, insufficient infrastructure, gaps and in healthcare, education disparities, as well as environmental degradation. The paper also stresses the importance of regional differences in development, and inclusive policies to ensure that no one is left behind. This paper highlights notable initiatives and innovative solutions that can help India meet the challenges of SDGs. These include successful social-entrepreneurship models, public-private partnership, and technological solutions which have the ability to accelerate progress towards the SDGs. The research document concludes with a call to action for India to address the many challenges it faces as they strive towards the SDGs. The paper calls for an integrated and holistic approach that recognizes the interconnectedness between the goals, and requires multi-stakeholder cooperation. The paper also advocates data-driven systems of monitoring and evaluation to monitor progress and promote accountability.

By Richa Jain*
In Volume: 12,Issue: 2
Title: A Study on Online Banking System of City Bank Ltd.

Abstract: With the development of technology, it was essential that banks and patrons transition to the new online-banking method. Therefore, this study looked into the obstacles that City Bank Ltd. clients had in implementing online banking. This study used a descriptive study to gather primary information from 40 City Bank Ltd. respondents. The respondents were chosen by a straightforward random sample. According to the study's findings, customers' adoption and use of online banking was significantly hindered by the accessibility of in sequence on e-banking, their level of education, and the expense of doing so. The study advised banks to start disseminating information about e-use, banking's as well as its advantages and costs, noting that while security did not greatly effect e-banking usage, it was still important to consider.

By Sabnam Jahan*
In Volume: 12,Issue: 2
Title: A Study on Green Bond Framework and Indian Government Initiative for Green Bond Market

Abstract: Green bonds are a new and emerging field in finance. It falls into the more general category of green finance. The money raised by Green Bonds is invested in green projects. Through investments in Energy Efficiency, Renewable Energy, Green Infrastructure, and Water Improvement, they stand for Socially Responsible Investing (SRI). The global temperature is rising and the landscape is changing drastically. Science demonstrates that climate change is severe and that action must be taken quickly to rescue the planet. Scholars from all around the world are working in a variety of industries, including finance. Furthermore, green bonds are a significant means of stabilizing the state of the environment as it exists today. The study will examine green bonds from various perspectives. The framework for green bonds will be covered in the part first, followed by the Indian government's initiative to develop the green bond market. The study concludes that the Indian Government has implemented measures to encourage the adoption of green bonds by offering incentives and tax advantages to investors. Green bonds' performance in India has been encouraging, and this has opened up new finance options for eco-friendly projects. We should continue to see the government promoting for the use of green bonds and creating an environment that will encourage their growth. This will help India move toward a sustainable and more ecologically friendly future.

By Md Irshad Ali Tanwar a*, Mohd Mohsin Qureshib
In Volume: 12,Issue: 2
Title: Carbon Outsourcing: A Big Hurdle in Reducing CO2 Emissions

Abstract: Over the last decade, the United States and many European Union countries like UK, France, and Germany, and some rich Asian countries like Japan and Singapore have reduced their CO2 emissions to a great extent, on the contrary, their consumption of goods that produce large amounts of CO2, (also known as consumption-based emissions) although lower, when compared to the last decade, is still higher than their production of such goods (also known as production-based emissions). Now, this is an interesting paradox that how come they are producing less, but still consuming more CO2. To get the complete picture, we have to consider another paradox that is closely related to the first one. If we look at the developing countries like China and India, both, their consumption-based and production-based emissions have grown over this period, however, their production-based emissions grew at a much higher pace than their consumption-based emissions. Now one might wonder why are these countries producing more than they consume, and are the two paradoxes somehow related to each other? The answer is 'Yes', they are related very closely. The reduction in emissions of developed countries is directly related to the increase in the emission of developing countries, as the developed countries have outsourced big quantity of their emissions to developing countries by importing goods from them rather than producing them domestically. This phenomenon of carbon-outsourcing has the caliber of reversing a good deal of progress made in fighting climate change and thus it is crucial to be addressed and tackled properly. In this paper, I discuss in detail the concept of Carbon Outsourcing, its negative impact on the environment and how rich countries exploit this to decrease their overall carbon-footprint.

By Vaishali Jaiswala*, Kartik Chaudharyb
In Volume: 12,Issue: 2