Why the prices of gold are rising constantly?
Economy

Why the prices of gold are rising constantly?

Remember Sanjay Dutt’s Vaastav? Had that film been made today, Sanjay Dutt would not have been able to say that famous dialogue “Pachaas Tola!” (translating to 50 ounces of Gold). The reason being, he surely wouldn’t have been able to afford this much Gold with yellow metal’s prices touching record highs. This was on a lighter note, now let’s get into some informational details.

Continue Reading about 2 months ago
Flipkart Walmart Deal: Walmart India acquired by Flipkart
Economy

Flipkart Walmart Deal: Walmart India acquired by Flipkart

There is something called 'Fad.' This is a shorter version or rather the shortest version of fashion. Actually, fashion stays relatively longer than a fad. This is similar to 'getting viral,' which is becoming quite a thing these days. You would have noticed that all the stuff that gets viral stays only till the next thing gets viral. The fact of the matter is that fads stay for a short duration, but till the time they stay, people are just crazy about them. One such fad is e-commerce. You may remember that all the companies were trying to get into e-commerce, and it is still said to be the next big thing. But, looks like now the fad has changed to offline retail!

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Vodafone-Idea gets a sigh of relief from Supreme Court
Economy

Vodafone-Idea gets a sigh of relief from Supreme Court

Can corporate situations resemble typical Bollywood movies? Sometimes maybe. You would have seen, especially in the movies of the ’90s, that, when a villain used to do everything he could to kill the hero, and the hero felt completely helpless, he went to a temple and prayed. ‘Upar wale ke ghar me dher hai, andher nahi,’ that’s what the hero used to utter while praying and some miracle happened which used to save his life and keep his family safe from the villain. After being forced to pay the AGR dues, Vodafone-Idea might have found itself in a similar situation.

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New Advertising Strategy of Chinese Smartphones
Economy

New Advertising Strategy of Chinese Smartphones

In marketing, there's a concept called 'Localization.' According to this concept, a company customizes its product based on the needs of the market in which it is selling. A classic example of this is the introduction of 'Mc Aloo Tikki' burger by McDonald's in India. By the way, it was not innovation or some positive marketing strategy, but McDonald's was forced into this. After McDonald's introduced its classic Beef Burger in India, it had to face mass retaliation as it had inadvertently hurt Indians' sentiments. But, then it introduced a range of localized products, and you see, it's working for it fine now.

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How Reliance Jio is becoming stronger than ever?
Economy

How Reliance Jio is becoming stronger than ever?

There's a famous scene from the Academy Award-winning movie Forrest Gump in which Tom Hanks (Forrest) takes part in a Rugby match. Nobody had any hopes from this guy because of his thin built. But then, suddenly, during the match when Forrest's team needs a winning point, the ball lands into his hands. He then hears the words "Run Forrest Run…" and he starts running. He runs and runs and reaches the other team's goal post. But, he doesn't stop and keeps on running. While running, he gets out of the stadium and reaches a road, and he continues to run. All the people try stopping him, but he's determined and keeps on running.

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SBI is Yes Bank’s Savior, Again!
Economy

SBI is Yes Bank’s Savior, Again!

Heard of that tale of a Sage and a Scorpion? A sage used to go to a river bank each day to offer his prayers and take a bath. One day, a scorpion bit him while he was entering the river. He felt that painful sting, but at the same time saw that the scorpion was drowning. The sage couldn’t resist seeing a living creature die in front of his eyes. So, he lifted the scorpion in his hand and tried putting it on the shore. But, the scorpion bit him again! Once again the scorpion was drowning and the sage helped it, but scorpion stung again and again.

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Why are prices of petrol and diesel increasing in India?
Economy

Why are prices of petrol and diesel increasing in India?

Petrol and diesel costs have risen every day since June 7. In Delhi, the price of petrol increased by 9.12 ₹ per liter between June 7 and June 26, while that of diesel increased by 11.01 ₹ per liter. Different urban communities have seen an increase in value. Why would this be the situation?

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The ‘Desh Ka Namak’!
Economy

The ‘Desh Ka Namak’!

Salt as a commodity is not considered to be that important. But, you would have heard many times about taking everything 'with a pinch of salt.' This means that whenever someone tells you something, do not believe them completely or exaggerate. Salt is usually unique with its properties. You would have surely read in recipes add 'Salt to taste.' If the salt is less in a dish, it tastes bland while, on the other hand, if it's more, it becomes difficult to eat it. So, the perfect quantity of salt remains subjective.

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Prelude to LIC’s IPO
Economy

Prelude to LIC’s IPO

We are telling you all this because Life Insurance Corporation of India (LIC) is currently involved in something similar. LIC is refining its portfolio ahead of its IPO that is planned for the next calendar year. Companies with lesser market caps are either being removed from the portfolio or LIC's holding is being reduced. This is based on quarterly reports of India's top insurer. What's exactly going on, read on to find out.

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Why does Gold shine when Economies don
Economy

Why does Gold shine when Economies don't?

As the Coronavirus pandemic has forced the economies around the world to shut down, uncertainty around the world has been rising, and with the rise of fear and uncertainty, there is another thing that has been on the rise, and that is the price of gold. This global health crisis has also thrown the world into a state of financial and economic crisis, and it has always been seen that it is during these times that the prices of gold reach record highs. Be it the economic crisis in 2001, the financial crisis in 2008, or the recent 2020 pandemic; this yellow metal seems to glitter the most when most economies are plunging to their doom.

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Indian Trains in Private Hands!
Economy

Indian Trains in Private Hands!

If there is one thing that is believed to represent the majority population of our country, that is Indian Railways. You would have surely observed that foreigners who visit India usually travel by trains to get to know this country better. Of course they get a proper rustic feel while traveling by trains. But, after taking this experience, they usually do not appreciate India. Not in a way that they disrespect the country but, it’s clear they do not enjoy their train traveling experience. Let’s delve deeper into this.

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Why Radhakishan Damani invested in India Cements?
Economy

Why Radhakishan Damani invested in India Cements?

India is the second-largest cement manufacturer on the planet. It is not surprising that India's cement industry is an essential part of its economy, providing work for more than a million people, directly or indirectly. Since deregulation in 1982, the Indian cement industry has attracted colossal speculation from India and outside financial experts.

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Gold Fraud in China!
Economy

Gold Fraud in China!

Ethics, fair practices, and character, these are certain things that China has never maintained it. China has relied on counterfeiting, conservatism, and unfair practices to achieve the superpower status of the world. At this time, China is facing a rant from all across the world (except Pakistan and North Korea) for its role in causing the pandemic but, it looks like China still hasn’t learned its lesson and is still the Dog’s tail. In fact, China is audaciously getting involved in proxy wars and trying to exploit the declining world economy.

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Hinduja Group owners involved in a dispute
Economy

Hinduja Group owners involved in a dispute

It takes generations and sometimes eternity to build a fortune but, it takes one hard feeling or one wrong step to destroy it. Crisis Management and Conflict Resolution are some characteristics that can prevent the hard-earned wealth from getting wasted. If there is a dispute between partners and they wish to divide the wealth (or basically divide the businesses) in that case wealth would remain the same but the business loses advantages of synergy. Read on to find out why we are telling you all this.

Continue Reading about 3 months ago
What
Economy

What's behind the continuous Petrol and Diesel price hike?

If someone asks you, how important is money, what shall be your answer? You may say that it is one of the most important things in the world today, right? Even we agree to this. Money is a necessity and more money means power and with that power you can actually buy happiness and do whatever you want. Now, this is at an individual level. Think about those sitting in the government. To manage the economy they need money and more importantly they need our money! Taxes, cess, tariffs etc.

Continue Reading about 3 months ago
Can the dream
Economy

Can the dream 'Chinese Products Banned in India' be realised

We are Indians first and all our individual identities come next. So, if there’s anything we can do for the country, we won’t back off. We may be price sensitive people but when it comes to nationalism, we can adjust. And, probably that’s what China needs to understand. That country has tried to almost capture our economy by dumping things at cheapest prices. And now, as you all know it’s trying to get into our borders. Now, the question is that apart from military action, what can we do to teach China a lesson?

Continue Reading about 3 months ago
Reasons Behind Why People are not Saving Money?
Economy

Reasons Behind Why People are not Saving Money?

HSBC conducted a survey and reported that only one-third of Indians save their income regularly. Without emergency funds or savings, one could be putting themselves at financial risk. Most of them believe in the concept of saving money, but only a few manage to practice it. There may be plenty of excuses for not saving regularly like I don't know where to save, I don't know how to save, I don't have enough money to save, etc. After paying bills, renting, and making loan payments, there's often not much leftover, but by proper budgeting and planning, one can build a proper plan to save money. Some people struggle for external reasons, such as health issues, student loans, sick parents, and more prevalent causes than we think. On the other side, there are individuals out there who are utterly irresponsible with their money despite being able to save more. If you neglect savings and an unplanned bill may arise, then it's going to be a problem. 

Continue Reading about 3 months ago
Setback for Chinese automobile companies In India
Economy

Setback for Chinese automobile companies In India

Three decades of rapid and continuous growth, China's automakers have reached a historic inflection point. The industry is witnessing a new reality wherein sales are on the decline, and there is a paradigm shift from the manufacture and sale of internal combustion engine cars to the pioneering of next-generation technologies. The Chinese auto market has reached a saturation point, and hence the automakers were on the lookout for future expansion strategies in newer geographical markets. These companies are flush with funds and are scouting to invest in a market that has the potential to grow since sales growth in China has stagnated. Who better fits in the frame than their neighbor India for this ample opportunity. India's long-term growth potential of the economy and the success of Chinese companies who have ventured into the non-automotive space, these automakers are taking the plunge in the Indian market.

Continue Reading about 3 months ago