Dattatray Dagale

Economics

The Invisible Market of Prestige Economics

Dattatray Dagale November 22, 2025

Why People Buy Status: The Invisible Market of Prestige Economics By Dattatray — An in-depth, human-first look at why status functions like an economic good, how markets monetize prestige, and what it means for individuals, businesses, and society. A small story Ravi had a promotion coming and a choice: fix the leaking roof or buy a mid-range luxury watch. He chose …

Finance

Income Statement

Dattatray Dagale September 19, 2025

Income Statement (Profit & Loss Account) 1. Introduction The Income Statement , also known as the Profit & Loss Account (P&L) , is one of the most crucial financial statements prepared by a business. Unlike the Balance Sheet , which shows the financial position at a single point in time, the income statement reflects a company’s performance over a perio…

Finance

Financial Statements

Dattatray Dagale September 19, 2025

Understanding Financial Statements Financial statements are often called the language of business —they translate a company’s activities into numbers that stakeholders can understand. Whether you are a student of finance, an investor, or a professional analyst, mastering financial statements is essential to assess an organization’s performance, health, and potentia…

Economics

Irving Fisher and the Concept of Money Illusion

Dattatray Dagale July 15, 2025

Irving Fisher and the Concept of Money Illusion Introduction Irving Fisher, one of the most influential American economists of the early 20th century, made significant contributions to economic theory, particularly in monetary economics. Among his many groundbreaking concepts, the idea of "money illusion" stands out for its relevance in both classical a…

Economics

Demand and Supply

Dattatray Dagale May 31, 2025

Understanding Demand and Supply Curves: The Core of Economics When diving into the fundamentals of economics, two concepts stand out as the backbone of market theory— demand and supply . These concepts help explain how prices are determined in a market, how resources are allocated, and how consumers and producers interact. This blog will break down the demand and su…

Economics

Dadabhai Naoroji

Dattatray Dagale April 30, 2025

Dadabhai Naoroji: The Grand Old Man of India Introduction Dadabhai Naoroji, often referred to as the "Grand Old Man of India," was one of the most influential leaders in India's struggle for independence. He was a pioneering economist, nationalist, and politician who played a crucial role in shaping India's freedom movement. Naoroji was the first…

Economics

Budget 2025-26

Dattatray Dagale February 03, 2025

Budget 2025-26: Key Highlights and Comprehensive Analysis Introduction The Union Budget 2025-26 reflects India’s journey towards becoming a Viksit Bharat (Developed India) , focusing on inclusive development, reforms, and innovation . The budget aims to enhance the spending power of the middle class , invigorate private investments , and uplift household sentimen…