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This paper aims to present a chronology of Indian business cycles in the post-reform period. In India, earlier, macroeconomic shocks were about droughts and oil prices. Economic reforms have led to an interplay of a market economy, financial globalisation and decisions of private firms to undertake investment and hold inventory. This has changed the working of the business cycle and has raised concerns about business-cycle stabilisation. In the backdrop of these developments, the macroeconomics research agenda requires foundations of measurement about business-cycle phenomena. One element of this is the identification of dates of business-cycle turning points.

This paper uses the growth-cycle approach to present the chronology of business cycles. The paper uses the Christiano–Fitzgerald (CF) filter to extract the cyclical component and shows the robustness of the findings to the contemporary methods of cycle extraction. It then applies the Bry–Boschan algorithm to identify the dates of peaks and troughs.

The paper finds three periods of recession. The first recession was from 1999-Q4 to 2003-Q1; the second recession was from 2007-Q2 to 2009-Q3; and the third recession ran from 2011-Q2 till 2012-Q4. These results are robust to the choice of filter and to the choice of the business-cycle indicator. These dates suggest that, on average, expansions in India are 12 quarters in length and recessions run for 9 quarters. The paper offers evidence of change in the nature of cycles.

Dates of business-cycle turning points are a critical input for academic and policy work in macroeconomics. The paper offers robust estimation of the business-cycle turning points in the post-reform period using contemporary techniques of cycle extraction. This work helps lay the foundations for downstream macroeconomics research by academicians and policymakers.

The purpose of this paper is to investigate the direction of causality between firm productivity and export status. The correlation can arise from multiple alternative causal models, and the authors study if more productive firms export, and/or if firms learn to export, and/or if firms learn by exporting.

The authors investigate these relationships, harnessing the natural experiments offered by firms which transitioned into exporting, in a dataset of Indian firms from 1989 to 2015. Each firm which made the transition is matched against a control which did not. The transitions take place across many years, thus permitting a matched event study in firm outcomes.

The authors find there is self-selection of more productive firms into exporting. Firms that make the transition into exporting become bigger, but there is little evidence of learning by exporting, of improvements in productivity right after exporting commences. However, there is evidence of learning to export, that is there is improvement in productivity of export starters in comparison to their productivity a couple of years before they begin to export.

The strength of the paper lies in an opportunity for sound measurement: we observe firms make a transition from domestic market into exporting. The transitions take place across many years, thus permitting a matched event study in firm outcomes. Using this methodology, the authors find that firms become more productive a few years before they export, that is they learn to export. They contribute to the literature by bringing evidence of “learning to export” from a developing country.

Recent developments in the literature on international trade and foreign direct investment (FDI) emphasise the role of firm characteristics in shaping firm participation in exports and FDI. The seminal work of Melitz and Helpman-Melitz-Yeaple (HMY) places heterogeneity in firm productivity at the heart of exporting and FDI. While the HMY hypothesis finds support for firms in the industrialised economies, the evidence from developing economies is limited. This paper attempts to contribute empirical insights into the theoretical framework laid out by Melitz, Helpman et al., Head and Ries with evidence from India.

While related literature takes into account several firm-specific and country-specific characteristics to explain outward FDI, the paper unifies the firms ' choice of markets (domestic versus foreign) and mode of serving foreign markets (export versus FDI) in a single framework in the line of the HMY model. The paper uses an ordered probit model that combines domestic market-oriented, exporting and outward FDI-oriented firms in a quality ladder.

The findings are that there are strong differences between the characteristics of domestic firms, exporting firms, and firms that invest abroad. The differences between these firms are consistent with the HMY model. The most productive firms appear to walk up this ladder of quality and graduate to globalisation through exporting and then through FDI.

A key innovation of this paper is an ordered probit model that combines domestic market-oriented, exporting and outward FDI-oriented firms in a quality ladder. The paper also brings empirical insights into the theoretical framework laid out by Melitz, Helpman et al., Head and Ries with evidence from India.

After discussing this case, the authors expect that the students will have the following learnings: critically analyse the latest Reserve Bank of India (RBI) banking proposal, which was proposed by the Internal Working Group (IWG) in November 2020. Understand concepts such as connected lending, crony capitalism and financial crisis. Have a basic idea about the Banking Regulations Act, 1949 and regulatory framework in the Indian banking sector.

This case is an analysis of the recent RBI proposal on banking regulations in India. The authors have referred secondary data in terms of published papers by stalwarts and experts in the banking and economics field. This case analyses the pros and cons of the IWG proposal to RBI governing body. The case also touches upon interesting banking and macroeconomics concepts. What makes this case interesting is that RBI is open to receive comments from all the stakeholders till January 2021.

Applicable to undergraduate and postgraduate students studying banking and finance specialisation in commerce and business management streams.

Teaching notes are available for educators only.

CSS 1: Accounting and Finance.

This paper aims to present recently published resources on library instruction and information literacy providing an introductory overview and a selected annotated bibliography of publications covering all library types.

This paper introduces and annotates English-language periodical articles, monographs, dissertations, reports and other materials on library instruction and information literacy published in 2018.

The paper provides a brief description of all 422 sources, and highlights sources that contain unique or significant scholarly contributions.

The information may be used by librarians and anyone interested as a quick reference to literature on library instruction and information literacy.

The purpose of this paper is to investigate the scholarly communications in Journal of Financial Crime (JFC) during the last five years and to study the key dimensions of its publication trends.

For the analysis of the study, five volumes containing 20 issues of Journal of Financial Crime during the years 2006 to 2010 have been taken up for evaluation. The authors employ necessary bibliometric measures to analyze different publication parameters.

It is found that the contribution of articles to each volume of JFC is very consistent and the journal has published around 30 articles per year. Single authored papers are found to be the highest, followed by two‐authored and then three‐authored papers. The degree of collaboration in JFC is found to be 0.246. In regards to ranking of country productivity, the UK topped the list followed by the USA, Canada and Australia. Journal of Financial Crime, which is the source journal, leads the table followed by Journal of Business Ethics, Crime Law and Social Change and Journal of Money Laundering Control.

This paper focuses on the publication traits of Journal of Financial Crime over a five‐year period. Patterns of research output in 155 publications are analyzed. Further studies can include other journals in the field of economics.

Scholars can benefit from insights into the scholarly contributions of Journal of Financial Crime that has accommodated 220 authors from 41 different countries of the world.

The paper provides valuable insights into the nature of academic publishing of Journal of Financial Crime. It can help JFC readers to understand the most striking contributions, highly cited journals, the most prolific authors, country productivity, and assorted parameters.

This will not be an overstatement to state that the micro, small and medium enterprise (MSME) industry is crucial and the vital driver of the world economy. It covers different fields and dimensions such as defense products, electrical components and low-cost products. The sector plays a vital role in rendering work with low capital expenditure and is one of the emerging pillars of the Indian economy. Given the significance of this sector in contributing towards India's gross domestic product (GDP), it becomes appropriate to resolve all the issues related to MSME on a primary basis for ensuring required support. The recent global pandemic of COVID-19 has impacted this sector to a great extent. This research study targets the MSME industry and points out the directly linked enablers adding to improve the sector's resiliency and sustainability. Therefore, identification and the interrelationship between the MSME enablers need to be studied, which helps make a preliminary list that deals with their impedance benefaction towards resiliency increment.

The writers have done a comprehensive literature analysis of the enablers for the MSME sector to enable effectively and efficiently during emergencies and pandemics. An endeavor has been made on the enablers to order them by utilizing the modified Total Interpretative Structure Modelling (m-TISM) technique. Authentication of this research work highlights the significance of enablers and their position in a hierarchical structure. Further, MICMAC investigation on the recognized enablers is performed to arrange them in the four quadrants on their dependence and driving power.

The authors have attempted to predict the significance of the MSME sector and its essential contribution to the development of India's economy. The result of m-TISM in the current research work revealed the essential commitment of a hierarchical design dealing with the MSME considering the viewpoint of future development. The well-planned traditional design in the MSME helps establish better government policies and programs and transport infrastructure.

Every research study has a few restrictions. Likewise, the boundaries of the current study are that inputs collated for fostering the models are from a few specialists that may not mirror the assessment of the whole MSME sector.

The MSME sector is the developing sector in the current day, and it is needed to keep supporting the sector for the country's development. The current study has set out the functional establishment to improve MSME practicality. In addition, the research highlights the accountability of the MSME authorities to go with the identified enablers having solid driving power for successful usage of the available resources. This will help the MSME development and add value to practitioners and policymakers in the future.

The growth of this sector is essential for the development of the economy and the development of a nation. The current study presents a unique structure that gives a superior comprehension of the enablers. It will help play a crucial role in developing the MSME area. The structure model developed with the assistance of m-TISM and MICMAC examine the identified enablers with inputs from experts in the field. The hierarchy developed from the study recognized the enablers located on their commitment of suitability development of the MSME field.

The study aims to divulge the patterns of scholarly communication of The Electronic Library from 2003 to 2009 and to measure the coverage and quality of contributions of this journal towards LIS literature.

Seven volumes of The Electronic Library (TEL) published during the years 2003‐2009 collected from Emerald Management Xtra, that constituted 42 issues and a total number of 417 articles carrying 7,442 citations, have been taken up for the analysis. The study analyzes bibliographical forms, types of articles, authorship pattern, geographical distribution of contributors, chronological distribution of citations, length of articles, and ranking of journals. The study employs Bradford's Law of Scattering.

The majority of articles published in TEL fall under the category of research papers, followed by case studies, and general reviews. Regarding the bibliographical distribution of citations, it is found that the majority of citations are from journals, followed by web resources and books. The study further reveals that the average length of articles is 13.017 pages and the scattering of contributors is limited within a few countries.

The paper is relevant and useful to those who are interested in bibliometrics and it provides a comprehensive study of scholarly communication of The Electronic Library from 2003‐2009 for comprehending essential publishing traits of this journal during the stated period.