Gross Fixed Capital Formation (GFCF) plays a vital role in economic development by enhancing productive capacity and stimulating growth. However, in India, a paradox persists: despite steady increases in GFCF and GDP, unemployment remains high, highlighting a disconnect between macroeconomic growth and labor market outcomes. This study examines the dynamic interrelationships among capital formation, economic... more

Behavioral finance emerged as a response to the limitations of classical financial theory, revealing that investor behavior is shaped by cognitive biases, heuristics, and emotional influences rather than pure rationality. The rapid diffusion of artificial intelligence (AI) across financial systems now challenges this foundation, introducing new dynamics in how decisions are made, information is processed,... more