Ashish Kumar Sana

Abstract: The paper makes an attempt to analyze the impact of the crisis on Indian securities market with a special reference to the performance of the S&P BSE SENSEX companies. The study is divided into three periods. The first being taken as the pre-crisis period from (2005-2007), second is crisis period (2008-2009) and lastly the post-crisis period from (2010-2013Feb).

Abstract: Recession means when the price level, investment level and the profit level decrease which leads to less employment and less GDP etc. The said recession mainly attributed to the financial crisis which took place in the advanced economies-especially USA in July, 2007. The effect of the recession was global and the global GDP contracted about more than one and a half percent. The main effect of recession was seen on the developed economies while the developing economies growth rate declined but remained positive. The present paper explains the effect of recession on the Indian Economy. Because of joining the globalization process initiated mainly by the rich imperialistic countries, Indian economy became more dependent on these rich countries. As of this proximity , Indian Economy has to bear the consequences of recession occurring in these rich countries. The GDP growth rate was affected by this recession and also the growth rate of manufacturing came down to 2.4% which was 11.85 earlier. Even the Foreign Direct Investment also suffered. The present paper highlights the negative effects of recession on the Indian Economy. The recession in the rich countries affected negatively the production, external trades, profits, capital formation and employment in Indian Economy.

Abstract: Abstratct – Recorded history of insurance in India advent in early 19th century. Since then life insurance in India evolved as mean to safeguard the financial loss all kind of interests. Life insurance has been a priority of among all kind of insurance service available today. However, presently life insurance penetration rate in India is 2.47 % (in 2017) which is quite low in comparison of developed countries. The prospect for life insurance providers in Indian market is huge and require improved efforts. Acknowledging the facts presented paper aim to record historical development, regulations and future outlook. Introductory part is followed by history of insurance, important milestones, governing regulatory framework, Malhotra Committee recommendations and present as well as future outlook of life insurance industry.