Understanding CRR and SLR: RBI
Economy

Understanding CRR and SLR: RBI's monetary policy instruments

For banks, profits are created by lending and investing. In pursuit of this goal, banks could lend considerable amounts to earn higher profits and thus possess less liquid cash with them. Banks are also responsible for the influx of money in the economy as the amount of credits they lend, and the amount that gets deposited with them affects the money supply in the economy.

Continue Reading about 11 months ago
RBI Monetary Policy 2020: Key Highlights and Takeaways
Economy

RBI Monetary Policy 2020: Key Highlights and Takeaways

The world right now, seems like a scene from an apocalyptic movie, doesn’t it? Movies where natural disasters are running wild, man-made disasters seem to be on the loose, and of course, one deadly disease is spreading like wildfire, which is infecting and spreading among people like a viral video.Of course in the current real world, all of this seems to be turning into reality, except this virus is far deadlier and is spreading faster than any viral TikTok song or video.

Continue Reading about 1 years ago
India
Economy

India's debt is Rising: Analysis of the new debt level and its impact

Everyone has heard that "When life gives you a lemon, make lemonade out of it". But, nobody talks about the situation of how if a lemon drop gets in the eye, how much trouble it can be. 

Continue Reading about 1 years ago
The Financial Crisis of 2008
Economy

The Financial Crisis of 2008

The gold prices are falling, and the markets are crashing! While the statement is absolutely unreal, just the thought of it would have been enough to you a heart attack, wouldn't it? We would prefer to be destroyed by the snap of Thanos than getting stuck in such a situation, right?

Continue Reading about 1 years ago
Yes Bank Merger: Yes Bank not to merge with SBI
Economy

Yes Bank Merger: Yes Bank not to merge with SBI

For someone who is used to binge-watching some random Indian drama, the concept of “comeback” wouldn’t be a new one. Usually, the Hero might fail terribly, and after the second half, he would give an awesome comeback. And to our amusement, we can expect something like this to happen in the real-life as well. Can you guess where I am heading? Of course, it is Yes Bank. It seems to be working hard to make a possible comeback and arise from its grave situation. 

Continue Reading about 1 years ago
Import restrictions on Chinese colour TV sets
Economy

Import restrictions on Chinese colour TV sets

We know it's an auspicious day today, and you may have watched the live telecast of Ramjanmbhoomi Bhoomipujan from Ayodhya. There's a fair chance that you would have watched it on a Chinese color TV, maybe a Xiaomi, TCL or OnePlus. Just in case you were thinking of buying a new TV in the near future and witnessing the telecast of such events, it's quite probable that your TV won't be a Chinese brand. Or, even if it is, it would have been manufactured in India. 

Continue Reading about 1 years ago
Time for Educational Transformation!
Economy

Time for Educational Transformation!

Our government is involved in filmy coincidences these days. In 2018, a political action drama Telugu movie was released titled 'Dashing CM Bharat' starring Mahesh Babu. In the story, the newly elected CM imposed heavy fines on those breaking traffic rules. Sometime after that, the government introduced heavy monetary penalties for traffic rule violations. Now, just a few weeks ago, a video went viral on social media in which an IAS officer was seen saying not so good things about our education system. And, here we are today witnessing the New Education Policy 2020 that has been introduced by the government. Now, whether films are being made to inspire the government or government is itself getting inspired by the films/social media, it is all worth it until doing good for common people.

Continue Reading about 1 years ago
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 1 years 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!

Continue Reading about 1 years ago
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.

Continue Reading about 1 years ago
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.

Continue Reading about 1 years ago
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.

Continue Reading about 1 years ago
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.

Continue Reading about 1 years ago
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?

Continue Reading about 1 years ago
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.

Continue Reading about 1 years ago
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 1 years 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 1 years 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 1 years ago