Why should we move towards a Simpler Tax System?
Tax

Why should we move towards a Simpler Tax System?

Albert Einstein once said, “The hardest thing to understand in the world is the Income Tax”. Why is that, even the smartest brains are unable to comprehend the taxes?

Continue Reading about 7 days ago
Why is Privatization of Public Goods important?
Economy

Why is Privatization of Public Goods important?

There are a lot of goods and services that an individual needs for survival. As Maslow says, 'Physical needs, Safety, and Security, Belongingness, Self-esteem and Self-Actualization" in that order are needed for one's wellbeing and realizing his true potential.

Continue Reading about 17 days ago
Indian Economic Sectors and the ‘Manufacturing’ Lag
Economy

Indian Economic Sectors and the ‘Manufacturing’ Lag

Understanding the economy and economic growth is not an easy task. To compute its input and output is even tougher. Economists have broken down this entire system into simpler sectors for easier analysis.

Continue Reading about 1 months ago
Fiscal Responsibility and Budget Management (FRBM) Act
Economy

Fiscal Responsibility and Budget Management (FRBM) Act

The government all over the world need money to function and deliver certain services. Though the government gets the money from its taxpaying individuals and companies, it is not enough.

Continue Reading about 1 months ago
Fall in Rupee Against Dollar: Good or Bad?
Economy

Fall in Rupee Against Dollar: Good or Bad?

Often we read the news that rupee has fallen against the dollar. The very next day, the news is filled with political parties blaming each other for the fall. In the national elections, key politicians question the incumbent government over this issue. Some overzealous politicians would even come up with statements, "A Rupee was equal to a Dollar in 1947…". Is fall in rupee’s value actually bad? What causes the difference to the value of the same ₹100 between yesterday and today? What is a strong currency? The answers lie right here.

Continue Reading about 1 months ago
Reasons behind Government
Economy

Reasons behind Government's Overseas Borrowing in the New Budget

The budgetary announcement that raised some eyebrows was the $10 billion external sovereign borrowings the government is looking forward to. On one hand, the government's own ideological think tanks has turned against it; while on the other hand, some believe that it is an idea whose time has come.

Continue Reading about 1 months ago
How is Govt
Economy

How is Govt's overseas borrowing a major concern?

The budget speech of the Finance Minister remained most talked about even after an entire quarter. From proposing new norms, the post-budget market debacle, and the 'debudgetization' in weekly press conferences caused the market to stir for long. However, another curiosity that engulfed the investors was the government's decision on going ahead with the external sovereign borrowing of $10 billion.

Continue Reading about 1 months ago
What can the Government do for boosting Indian Economy?
Economy

What can the Government do for boosting Indian Economy?

Whenever the critics of the government or its policies debate over the TV, we are left waiting for one reasonable answer; the answer to what shall change the system or what kind of policies can lead us to a better future.

Continue Reading about 1 months ago
What is SaaS? How is it helping businesses worldwide?
Entrepreneurship

What is SaaS? How is it helping businesses worldwide?

If there is going to be a buzzword of the decade, it would be the 'Startups.' Start-ups now govern the entire ecosystem around us. Be it food, taxi, travel, education- you name it. India comes up with around 900 start-ups every year. Have you ever wondered where does the infrastructure for all these new companies come? Where do they store the information, run their products, or perform the transaction?

Continue Reading about 1 months ago
Was the Merging of PSBs a good move?
Investing

Was the Merging of PSBs a good move?

On the eve of August 30, 2019 when the abysmal GDP growth figure of 5% was announced, there was another press conference by the Finance Minister N Seetharaman. The press conference detailed on how some Public Sector Banks (PSB) would be merged with some other Public Sector Banks. While some called it a banking reform, the market perhaps did not seem convinced. Here is the story of unfolding of the Indian PSBs merger.

Continue Reading about 1 months ago
How is Data the New Oil?
Entrepreneurship

How is Data the New Oil?

"Data is the new oil" has become so clichéd as a statement as saying "God Bless You" when one sneezes. If there would be competition to create a single unique sentence with the word 'data,' I bet everyone would lose; everyone would repeat this line now so well etched in our minds.

Continue Reading about 1 months ago
What happened with the PMC Bank?
Investing

What happened with the PMC Bank?

It was a shocker in the morning of  24th of September,2019 that 'Punjab & Maharashtra Cooperative Bank' has been taken over by the Reserve Bank of India. Its customers are allowed to withdraw only ₹1000. This news spread like a wild-fire, and the customers ran to the bank in the act of panic. Police were deployed at the bank to maintain the order. Still, 131 branches are under a lot of pressure from people. There are footages on news channels on how people fear their savings stalled with the bank. For some others, it is 'Demonetization 2.0.'

Continue Reading about 1 months ago
How Does Oyo Room Make Money?
Entrepreneurship

How Does Oyo Room Make Money?

If someday one wrote about the India Start-ups story, it would remain unfinished without the story of Oyo Rooms. Starting as any other company trying to find its space in the Indian dot-com revolution to now being dubbed as an 'Indian AirBnB,' Oyo’s story has become the case study for management institutions.

Continue Reading about 1 months ago
Downward spiral: Slowdown grips Indian economy
Economy

Downward spiral: Slowdown grips Indian economy

Assume you go to the gym one morning. The moment you reach, you are informed that you have won a lucky draw and you shall be getting a cashback of ₹ 1000.

Continue Reading about 1 months ago
Changes in the Motor Vehicles Act
Legal

Changes in the Motor Vehicles Act

The Parliament of India passed the new Motor Vehicle Act in July 2019, and it ensured that it is all over the news once it came into force on the first day of September.  

Continue Reading about 1 months ago
Why is the Rupee depreciating Against Dollar?
Economy

Why is the Rupee depreciating Against Dollar?

This season of monsoon has seen much more than rains falling from the heavens. The GDP figures, manufacturing output, tax collection are only a handful of indicators.

Continue Reading about 1 months ago