How Tense are India & Canada’s Financial Relations? Truth Behind Myths
News Platter

How Tense are India & Canada’s Financial Relations? Truth Behind Myths

India hosted the G20 Summit for 2023 in New Delhi, giving the world a chance to witness our nation's might. Over 20 countries attended the event, including Canada, the nation with which India is on a silent disapproval war. Where diplomats and key personalities from different countries posed for an optimistic partnership with India, Canada looked a bit uncomfortable.

Continue Reading about 1 years ago
Pradhan Mantri Kaushal Vikas Yojana: A skilling revolution for India
Your Money

Pradhan Mantri Kaushal Vikas Yojana: A skilling revolution for India

The youth unemployment rate in India was 23.22% as of 2022. There can be several possible reasons for this problem prevailing in the economy, such as the digital divide, lack of access to capital, financial crisis, and more. 

Continue Reading about 2 years ago
Why are Investors Running From Indian Unicorns?
Startups

Why are Investors Running From Indian Unicorns?

Emerging as the third-largest startup ecosystem in the world, India soon became a favourite economy for startups. Home to over 100 unicorns, India only falls behind the USA with 661 unicorns and China with 312 unicorns. The Indian government and the ever-expanding investing sector welcomed Indian startups with open arms. All was going well for the unicorns in India, but then the valuation tumble started, and now India is on the verge of losing its 100-mark when it comes to unicorns.

Continue Reading about 2 years ago
The Story Behind the 2008 Financial Crisis: Is it coming back?
Macro Moves

The Story Behind the 2008 Financial Crisis: Is it coming back?

With Repo Rate (aka Repurchasing Option) reaching the hike of 6.5%, home loan eligibility has decreased by 20% since February. This hike by the RBI will help avoid borrowers from causing default due to high-interest rates. After all, nobody wants a repeat of the 2007-08 financial crisis anytime soon.

Continue Reading about 2 years ago
Shaktikanta Das: How did he win the "Governor of the Year" award?
Macro Moves

Shaktikanta Das: How did he win the "Governor of the Year" award?

In today's fast-paced world, the economy is one of the most critical aspects of any country. Central banks play a vital role in maintaining a stable economy. The people who head these banks are the driving force behind them. One such individual is a seasoned bureaucrat turned banker who has been making waves in the Indian economy since he was appointed the Governor of the Reserve Bank of India. With his unique approach to monetary policy and impressive track record, he has become a significant player in the global financial world.

Continue Reading about 2 years ago
Market Crash: Know about all the Stock Market Crash
Macro Moves

Market Crash: Know about all the Stock Market Crash

The global economy teeters on the edge of a recession, with interest rates rising and the dollar going on a run to leave other currencies behind. Shareholders around the world cannot help but wonder if their funds and portfolios are safe or if a bloodbath is on the horizon.

Continue Reading about 2 years ago
Fiscal Policy: Meaning, Types, instruments, Importance and Effects
Macro Moves

Fiscal Policy: Meaning, Types, instruments, Importance and Effects

Shifts in taxation and alterations to the way the government spends its money are the most significant. Decreases in taxation and in the amount of money the government spends are beneficial to the economy. Because of this, the general public might be required to take out loans to cover a portion of the government's debt under certain circumstances.

Continue Reading about 2 years ago
Recession: Definition, Causes and Impact
Macro Moves

Recession: Definition, Causes and Impact

According to IMF’s World Economic Outlook Report, in October 2022, global growth, which stood at 6.0% in 2021, is forecast to fall to 3.2% in 2022. The same will shrink to a measly 2.7% in 2023. As a result, one-third of the world economy is projected to contract this year or the next.

Continue Reading about 2 years ago
Dollar Vs Rupee: A Blame Game
Your Money

Dollar Vs Rupee: A Blame Game

People will often tell you that the Indian rupee was equal to the dollar in the year 1947. That’s not true, however, as the rupee was never equal to the dollar.

Continue Reading about 2 years ago
Semiconductor Industry in India 2023: The Future is Here
Macro Moves

Semiconductor Industry in India 2023: The Future is Here

"Everyone in the semiconductor industry, everyone in the technology industry, would benefit from more diversity in the business" - Lisa Su. 

Continue Reading about 3 years ago
What is Deflation? Why are falling prices bad for your pockets?
Macro Moves

What is Deflation? Why are falling prices bad for your pockets?

Have you noticed you end up spending more money during the sale season? Some retail therapy never hurt anybody, especially when it comes to good deals and low prices. But what if these prices went down consistently? Your instincts and wallet may think it’s a good thing, but economists believe differently. The rising and falling prices have always been one of the most significant indicators of our economy’s performance. We all know and have experienced how rising prices can hurt an economy. But a little inflation is a good thing. Economists would any day prefer a gradual rise over the constant drop in prices. Let us understand why! 

Continue Reading about 3 years ago
Japan
Macro Moves

Japan's stock market: Nuked past & Reactive future?

Repeat after me, "Japanese stock market ka Nagasaki saki naka!"

Continue Reading about 3 years ago
Why is India facing a Massive Brain-Drain
Macro Moves

Why is India facing a Massive Brain-Drain

Padhega India, tabhi to badhega India Amrikka and Canadda!

Continue Reading about 3 years ago
ONDC: How it will Impact Indian Online Retailers?
Macro Moves

ONDC: How it will Impact Indian Online Retailers?

No matter how hard the Government pushes the "buy local" message, your superficial need to wear "popular namebrands" will keep killing local businesses forever. Such a shame!

Continue Reading about 3 years ago
Digital Currency in India
Finance

Digital Currency in India

The current news cycle about a new cryptocurrency bill scheduled to be proposed in parliament has caused a lot of uncertainty. Initially, it sparked a wave of panic trading among cryptocurrency buyers as fears of a probable ban grew.

Continue Reading about 3 years ago
How Does the Government Control Inflation?
Macro Moves

How Does the Government Control Inflation?

A group of robbers entered the minting unit of a country. There were many people inside the unit. The group held all of them hostage. They stayed there for days and started printing money. They printed thousands of currency notes; then millions, then billions. Finally, they stopped at €2.4 billion. And escaped.

Continue Reading about 3 years ago
Sri Lanka
Finance

Sri Lanka's Economic Crisis and How it all began?

Our neighbour is bleeding. Poor governance, corruption and a lot of foreign debt. The story of Sri Lanka is heart wrenching, unsettling and disruptive. Sri Lanka’s annual inflation was at 18.5% in March 2022.  What is the country’s condition today, and how did it reach such a diminutive state? We shall find out today.  As distressing as the below facts are going to be, this is the truth of a country that has fallen into a debt trap, or should we say debt-trap diplomacy (if you know what I mean!)? And now, it is the people who suffer. While you read this from the comfort of your air-conditioned room, people in Sri Lanka stand in queues that extend 2-3 km long for food and fuel. 

Continue Reading about 3 years ago
What is black money and how does it work?
Finance

What is black money and how does it work?

What do we talk about when we talk about black money and money laundering? Well, in India, it has to start with Vijay Mallya, Kingfisher and then gradually move on to Nirav Modi and his uncle, Mehul Choksi. “With all the kaala dhan they must have stashed in the Swiss Banks, at least 3 of their generations wouldn't have to do any labour!” - being the hackneyed dialogue. 

Continue Reading about 3 years ago