Department of Commerce

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The Post Graduate Department of Commerce was established in 1965 with the purpose to promote state of the art teaching and research and in Business Operations and Management. The primary programme offered by the department is Masters in Commerce, with specializations offered in Accounting and Finance, Personnel Management and Industrial Relations , Marketing, Banking and Finance and International finance.

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Author: search.filters.author.Bandopadhyay, KalpataruSubject: search.filters.subject.Inflation Rate

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    News of Inflation and Effect on Stock Prices in India
    (University of North Bengal, 2014-03) Sahu, Tarak Nath; Bandopadhyay, Kalpataru; Mondal, Debasish
    The article investigates into the impact of the inflation rate on stock market in India during the period 1993 to 2013. The study explores into the long-run co-movement between the rate of inflation and stock prices in India and attempts to reveal whether inflation rate causes stock market movement in India. The study also reveals that both the Indian stock markets are strongly exogenous in the sense that shocks to inflation rate explain only a small portion of the forecast variance error of the market indices and notices that a positive shock on inflation rate has a negative and persistent effect on Indian stock markets.