Budget 2020 for investors: Effects of DDT abolition
Investing

Budget 2020 for investors: Effects of DDT abolition

Every year the entire country waits for the budget. People look forward to the budget with optimism for the future. The budget too always seems to promise as if it will solve the problems for the nation.

Continue Reading about 9 days ago
Will RBI’s New Monetary Policy Change Economic Weather?
Economy

Will RBI’s New Monetary Policy Change Economic Weather?

RBI’s latest policy announcements are making news. What are they implicating exactly? Read and find out below

Continue Reading about 10 days ago
Union Budget 2020: Highlights, Analysis & Opinion
Economy

Union Budget 2020: Highlights, Analysis & Opinion

Union Budget 2020 was presented by our FM. Did it meet our expectations? A man resided in a desert along with his Camel. The conditions that were already harsh were slowly getting worse, and it was tough for both of them to sustain. The camel had faithfully serviced his master for long so, it had high hopes that the master would take good care of it. Finally, a day came when they had to start their journey in order to shift to the nearest city. Before starting the long journey, the camel had to eat in bulk and the Camel expected a satiating treat. But, alas! The man offered some Cumin seeds (Jeera in Hindi) to the camel and started the journey. Now imagine the desert as economy, the man as the government and the camel as common people.

Continue Reading about 18 days ago
Union Budget 2020: Expect the Unexpected?
Economy

Union Budget 2020: Expect the Unexpected?

Union Budget 2020 is round the corner. What are the expectations and what’s the atmosphere like? Read and find out below.

Continue Reading about 28 days ago
Inflation: All that you wanted to know
Economy

Inflation: All that you wanted to know

The end of quarter December 2019 came up with the news of inflation rising to 7.35%. However, this statement does not answer anything beyond numbers. What is so special about it that the news channels cover it, economists talk about it, and opposition parties fight around it?

Continue Reading about 1 months ago
"AC default temp 24": Government of India
Economy

"AC default temp 24": Government of India

The default temperature setting for your AC will now be 24 degrees Celsius. But, why is the government interested in controlling your AC temperature? Read and find out below.

Continue Reading about 1 months ago
RBI
Economy

RBI's Operation Twist: How is it reviving the Indian Economy?

When 'Operation Twist' started trending on social media one fine evening, people were somewhat confused if it is some covert operation by armed forces. There was incomplete information and misinformation doing rounds until financial news handles came up and explained.

Continue Reading about 1 months ago
All About Pradhan Mantri Awas Yojana [PMAY –urban]
Economy

All About Pradhan Mantri Awas Yojana [PMAY –urban]

A substantial part of India’s population is still struggling with the fulfillment of three basic needs- food, clothing and shelter. While food and clothing are still accessible to many, shelter creates a huge gap that is now being tried to be bridged by the government. So, here’s everything that you wanted to know about the all-inclusive housing scheme of Government of India that goes by the name of PMAY.

Continue Reading about 1 months ago
How Climate Change Will Affect the Indian Economy?
Economy

How Climate Change Will Affect the Indian Economy?

India has its own growth story. It has grown leaps and bounds since liberalization until three years back from today. Amidst the slowdown and unfinished success story, we have significant challenges coming in the following decades. While harnessing the demographic advantage remains a considerable challenge in the next decade, we have a mammoth task to counter for the next three decades. This challenge is 'Climate Change.'

Continue Reading about 1 months ago
What are the impacts of Repo Rate Cuts by RBI?
Economy

What are the impacts of Repo Rate Cuts by RBI?

Entire media is reviewing the monetary policy rate and so are many others out there. What are the aspects involved in monetary policy? Why does the RBI cut Repo rates and what can be the implications of these Repo Rate Cuts?

Continue Reading about 2 months ago
Why is the Govt on a  PSU Disinvestment mission?
Economy

Why is the Govt on a PSU Disinvestment mission?

Looks like the Government of India is on a disinvestment mission. But, why is it so? Is the history repeating itself?

Continue Reading about 3 months ago
What is the new BSNL VRS Scheme about?
Economy

What is the new BSNL VRS Scheme about?

More than 60,000 employees of BSNL & MTNL have applied for VRS in just 4 days! What’s special about this VRS and what is BSNL expecting out of this?

Continue Reading about 3 months ago
Why should we move towards a Simpler Tax System?
Tax

Why should we move towards a Simpler Tax System?

Albert Einstein once said, “The hardest thing to understand in the world is the Income Tax”. Why is that, even the smartest brains are unable to comprehend the taxes?

Continue Reading about 3 months ago
Fiscal Responsibility and Budget Management (FRBM) Act
Economy

Fiscal Responsibility and Budget Management (FRBM) Act

The government all over the world need money to function and deliver certain services. Though the government gets the money from its taxpaying individuals and companies, it is not enough.

Continue Reading about 4 months ago
Why is RBI cutting Repo rate constantly?
Investing

Why is RBI cutting Repo rate constantly?

Based on current and evolving macroeconomic situations, the Reserve Bank of India’s monetary policy committee decided to cut the repo rate under the liquidity adjustment facility by 35 basis points from 5.75 percent to 5.40 percent. This is the fourth time in a row that the RBI has cut the repo rate this calendar year (2019). In the last three monetary policy reviews, the rate cut is by 25 basis points. Repo rate is the benchmark-lending rate at which the central bank of the country lends money to commercial banks for about 7 to 14 days in the event of any shortfall of funds. The repo rate acts as a floor below which the short term interest rates don’t go. The repo rate is used by the central bank to control inflation. A decrease in repo rate means lower cost of short term money which reduces the EMIs on home and auto loans and the debt repayment burden, boosting economic growth.

Continue Reading about 5 months ago
Can Indian Investors invest in Foreign equities?
Investing

Can Indian Investors invest in Foreign equities?

As an investor, have you ever wondered if you could diversify your portfolio by holding international shares of companies such as Twitter, Facebook, Walmart, etc.? These companies aren’t listed on the Indian Stock Exchanges. Then how can you add these shares in your portfolio? Read on and find below.

Continue Reading about 6 months ago