India technically enters Recession as Q2 GDP Shrinks by 7.5%
Finance

India technically enters Recession as Q2 GDP Shrinks by 7.5%

The year 2020 will go down in history as one of the weirdest and most disturbing years. With the coronavirus pandemic pushing many global economies deep into decline, many significant global events such as the US elections also made this year full of many economic discrepancies.

Continue Reading about 1 months ago
The Roller Coaster Ride of Stock Market in 2020
Stock Market Concepts

The Roller Coaster Ride of Stock Market in 2020

The year 2020 is turning out to be fascinating at every step of the way. The Indian Stock Markets’ fueled by a Corporate tax cut gave stellar returns in 2019, following which 2020 was kicked off with a bang, as Nifty made an all-time high of 12,430 in January 2020. 

Continue Reading about 1 months ago
Lakshmi Vilas Bank Merger: Factual and Informational Details
Market News

Lakshmi Vilas Bank Merger: Factual and Informational Details

It looks like the Government of India is now playing smart rather than being a ‘Daanveer’ (over merciful donator). Just in case you are not aware of ‘Daanveer’, we’ll tell you. This name (or rather title) was conferred to a person in a community or village who always donated whenever someone went to him and pleaded for money or help. Basically, whoever went to ‘Daanveer’ never returned empty-handed. This is because that person considered this as his moral responsibility to donate money and help anyone who approached him. But, this also resulted in many people taking undue advantage of his mercy.

Continue Reading about 1 months ago
Vijay Mallya Scam: A Story of Luxury, Lifestyle and Greed
Invest

Vijay Mallya Scam: A Story of Luxury, Lifestyle and Greed

The mentality of the Indian masses in recent decades, with the advent of globalization and privatization, has always enticed them to stay away from risk associated courses and head towards safer options of jobs. This had been the reason why most of the Indians believed that the business (of a large extent) is not their cup of tea.

Continue Reading about 2 months ago
The Nirav Modi Scam: All You need to know
Invest

The Nirav Modi Scam: All You need to know

"Simple living, high thinking." This is a common saying which has been taught to everyone. However, the current world seems to have sidelined this thought. Now people have become more status-conscious, and they desire to flaunt their riches in every possible way; iPhones, Louis Vuitton bags, Rolex watches, Lamborghini, or anything; all have become merely a status symbol.

Continue Reading about 2 months ago
Black Swan Events and their Impact on the Financial World
Stock Market Concepts

Black Swan Events and their Impact on the Financial World

While Coronavirus and its resultant economic meltdown are on everyone’s mind these days, there is also a menacing development that will affect every living soul on the planet, and no one is even talking about it. 

Continue Reading about 3 months ago
Interest on Interest Waiver: Is the move justified?
Market News

Interest on Interest Waiver: Is the move justified?

Loan - a word, which in itself has both positive and negative impacts on a person. On the one hand, it is a monetary blessing which gets an individual, company or entity one step closer to achieving whatever it is they desire; and on the other hand, it is a stressful liability, which comes in the form of expensive EMIs and regular interests, failing to pay which, tends to trap the borrower in an almost inescapable trap of hefty penalty and interests.

Continue Reading about 3 months 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 3 months ago
Why Indian GDP Growth Rate is Declining?
Market News

Why Indian GDP Growth Rate is Declining?

Don't you feel like the pandemic has turned your life upside down? You're getting bored in the house and bored with the quarantined life? You miss your pre-pandemic life, and you miss going out? For some of your life must have changed its course, and some of you might even have taken a life-changing decision yourself. Jobs lost, businesses down, socio-personal life down..

Continue Reading about 4 months 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 6 months ago
Will the Stock Market Crash again?
Invest

Will the Stock Market Crash again?

With half of 2020 already over and countries still battling the coronavirus pandemic, there is a lot of volatility and uncertainty in the global markets. Many critics believe that the stock markets have yet not reached their lows, and there is a threat that may stock market crash again soon. 

Continue Reading about 6 months 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 7 months 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 7 months ago
Covid 19: IIT
Economy

Covid 19: IIT's helping the nation Fighting Against Covid Battle

India is leaving no stone unturned in fighting the spread of the Coronavirus. It is surely a humongous task for a country of 1.3 billion people with a high density of population, to avoid a large-scale community spread of coronavirus?

Continue Reading about 8 months ago
Global Recession: The World Economy Braces For A Recession
Economy

Global Recession: The World Economy Braces For A Recession

Global Recession: The World Economy Braces For A Recession On 1st January 2020, the entire world rang in the New Year with hopes and dreams that they wished to fulfill. However, what struck the world was like a bolt from the blue. The Wuhan virus crisis gained momentum and soon the entire world was in the midst of a world war, fighting this pandemic within the frontiers of their homes. With lockdowns in place in every country, the Covid-19 has contributed to the collapse of the worldwide economy, leading it to what might be the worst global recession.

Continue Reading about 8 months ago
What is the economic cost of covid-19 lockdown in india
Economy

What is the economic cost of covid-19 lockdown in india

The Coronavirus Disease or popularly called the COVID19 has taken over the world for a halt. Throughout the world, there is clamor over social distancing and testing. The one problem that India is facing is the lockdown. Lockdown was the worldwide-adopted strategy. It seemed to buy time to test and quarantine as many suspects so that the infection chain can be broken. However, it did break something if not the contagious chain. It is the economy of India. With zero economic activity in the lockdown period, India is paying a heavy economic price every day. This article talks about the economic loss India is facing each day of lockdown. 

Continue Reading about 8 months ago
How coronavirus shattered the dreams of Studying abroad?
Economy

How coronavirus shattered the dreams of Studying abroad?

Pandemic Stalls Study Abroad Dreams As the coronavirus pandemic causes a clampdown on international travel, students are also feeling the heat. Study abroad programs are being canceled, exchange programs have been stalled and students remain stranded overseas in countries on a lockdown. Students who are currently pursuing or plan to enrol in Universities abroad are left in the lurch. India is the world’s second largest source of international students, with over 7,50,000 students studying abroad.

Continue Reading about 8 months ago
What are the reasons behind the downfall of Air India?
Economy

What are the reasons behind the downfall of Air India?

When you are erecting a castle or a building, it is not the building that matters. But the pillars that hold them up matters the most. Any mistake in the construction of the pillar will simply make the building weak. Similarly, in a business, every decision taken is like constructing the pillar. These pillars are going to bear the entire Empire and small mistakes can be a plot for its end. The story of Air India can be observed along the same line.  A few blunders, which were a part of its history fated Air India’s downfall. 

Continue Reading about 8 months ago