Dept. of Business Economics, University of Delhi, Concludes its 35th Annual Convention

Dept. of Business Economics, University of Delhi, Concludes its 35th Annual Convention
Post-event Press-release

Traditional Lighting of the Lamps to Inaugurate 35th Annual Convention

Day One started with a Panel Discussion on the theme "Indian Economy: Current Trends in a Global Perspective". The speakers were Prof. Shankar Acharya, Mr. Anil Bisen and Ms. Jyoti Jingdar. Dr. Aradhana Agrawal, HOD, Department of Business Economics chaired the discussion. Prof. Acharya began by enumerating the salient points that drive the growth of the economics. He also expressed his concerns over the mounting effects of the global crisis and said that the effects are going to be long lasting. However, he said that the momentum of the past is still with us. So he was not worried about the economy's performance this year.

Mr. Anil Bisen, Director of the Planning Commission, spoke in details about the subprime credit crisis, its origin and implications. Following this, Ms. Jyoti Jingdar, DGM, SEBI explained how SEBI's regulatory functions and provided a cushion to the domestic investors. She also expressed the need for investor education and coordination among agencies to avoid such crisis.

The Second Session was on the theme "Resolution to the Price Puzzle". Prof. V. R. Panchmukhi and Dr. Renu Kohli were the eminent panelists. Dr. Kohli, Senior Economist, IMF, gave a presentation on managing inflation in India. She explained the various structural and cyclical factors and demand and supply issues that have laid to the surge in prices. The core components of inflation being food, fuel and commodities, all three of which have seen in increase in prices. Following this, Prof Panchmukhi spoke about the trade theories and flow of funds from one country to another. The last session of the day dealt with marketing strategies.

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Contributed by -
Amit Srivastava & Anmol Soni,
Media Cell, Master of Business Economics,
Department of Business Economics,
University of Delhi South Campus.

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