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.

Continue Reading about 5 days ago
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.

Continue Reading about 5 days ago
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.

Continue Reading about 6 days ago
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.

Continue Reading about 10 days ago
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.

Continue Reading about 11 days ago
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 13 days 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 14 days 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 21 days 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 21 days 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 24 days ago
AIBDA’s concerns over interest waiver for borrowers.
Economy

AIBDA’s concerns over interest waiver for borrowers.

It is usually the case that someone’s gain is else’s pain. That’s the reason while making a decision, both sides of the coin have to be considered. Although, it’s also true that taking care of everyone’s interest is almost impossible. But then, there’s this condition known as being better off. This means, deciding something which causes the least damage because many a time there are situations when nobody is wrong and yet, a decision has to be made in someone’s favor.

Continue Reading about 24 days ago
What are the Opportunities for Indian Companies in China
Economy

What are the Opportunities for Indian Companies in China

A growing stream of Indian companies is on the lookout for new opportunities in emerging markets. Over the last two decades, China has consistently opened up its economy and has softened and lifted restrictions on foreign investment. The FDI in China for 2019 was $137 billion, climbing a notch by 5.8% from the previous year. China is one of the world's largest recipients of foreign direct investment. The most attractive factor is the large consumer base of 1.3 billion consumers in China. This is a robust trajectory for growth, with ever-increasing consumer spending.

Continue Reading about 25 days ago
Dramatically declining unemployment rate in India.
Economy

Dramatically declining unemployment rate in India.

In the last few weeks, certain things have changed. The nationwide lockdown got over and India entered Unlock 1.0 and then Unlock 2.0. But, just before this, we experienced quite an unusual time where the only thing we knew was ‘Stay Home, Stay Safe’. People stayed at home but the economy entered into an unsafe territory. The slump is still going on and something which shot up as a result was unemployment. During the lockdown, the unemployment rate touched an alarming height of 23.4%.

Continue Reading about 26 days ago
How Chinese Investment in India is Dominating Tech Space
Economy

How Chinese Investment in India is Dominating Tech Space

In a move to curb opportunistic takeovers during the pandemic, specifically from Chinese entities, the Centre has recently revised FDI policy, making it mandatory for prior government approval for direct investments from countries with which India shares a border. This restriction had earlier applied for investments from Pakistan and Bangladesh. Though the Centre has not specified China, the spurt of investments by Chinese investors has prompted the Government to take this decision. 

Continue Reading about 26 days ago
What will be the impact if Indians boycott Chinese products
Economy

What will be the impact if Indians boycott Chinese products

"Boycott China" is the current anthem that resounds in India in retaliation against China's resentment. Amid the border standoff in Ladakh, there has been a clamor amongst citizens to boycott products from China, which is seen as the unreasonable aggressor. The outrage has been extensive on social media, with hashtags like #BoycottChina and #BoycottChineseProducts trending on Twitter and the video by Sonam Wangchuk prompting Indians to retaliate stating that while the Army can handle the Chinese attempts of incursion in Ladakh, can be dealt only with the support and cooperation of the general public.

Continue Reading about 27 days ago
How RBI’s policy changes will affect Kotak Mahindra Bank.
Economy

How RBI’s policy changes will affect Kotak Mahindra Bank.

You would have heard about the term ‘Cause and Effect’. This plays a role in many things happening around us. The simple explanation of this term is that you do something which becomes a reason for something that you might not have expected. For example, nature is surprisingly healing these days due to lockdown. Here, the cause is the lockdown and the effect is healing of nature. A thing to note here is that the lockdown was implemented to curb the pandemic and not to heal the nature.

Continue Reading about 28 days ago
How India can replace China as World’s Manufacturing Hub
Economy

How India can replace China as World’s Manufacturing Hub

The spread of the Coronavirus from Wuhan, the epicenter to the rest of the world, has brought China on a global backlash. The Covid-19 infected millions across the globe, and the lockdowns announced destabilized economies. Around the world, this backlash is building up against China, one for its initial mishandling of the crisis that led the virus to spread across the globe and secondly for the conspiracy theories that this was purportedly masterminded by China to weaken the global economy.  

Continue Reading about 28 days ago
Deteriorating financial condition of Hospitality sector in India.
Economy

Deteriorating financial condition of Hospitality sector in India.

In the last few weeks, many experts have highlighted that India may have unintentionally flattened the wrong curve. Who could forget the epic interview of Mr. Rajiv Bajaj who even termed the lockdown as a ‘draconian’ one. But, it’s not about arguing over the success or failure of lockdown. It’s about the economic revival which depends upon the industries coming back to normal. In this scenario, one industry which has suffered the most is hospitality and the one which will take more time and efforts to revive is also hospitality.

Continue Reading about a month ago