Browsing by Author "Sahu, Tarak Nath"

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    Functioning of Adjudication Machinery under the Industrial Disputes Act, 1947 in West Bengal
    (University of North Bengal, 2019-09) Dutt, Kallol; Biswas, Debasish; Sahu, Tarak Nath
    This study attempts to examine the functioning of adjudicating machinery under the Industrial Disputes Act, 1947 in West Bengal during the period from 1991 to 2015 i.e., entire post globalisation period. During the study period the mean rate of disposal per year is 16.4% which is quite low. Again, on an average, in 34 cases per year there are complaints regarding violation of award. If we deduct the cases of award violation, the effective rate of disposal comes to around 13.83%. During the same period the mean rate of award violation is 15.65% which is quite high. If the cases where the parties preferred appeal before higher Courts are considered the rate of disposal will fall further. The study shows that adjudication as a means of settling industrial disputes is not serving its purpose.
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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.