Reasons Behind Why People are not Saving Money?
Macro Moves

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 4 years ago
Setback for Chinese automobile companies In India
Macro Moves

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 4 years ago
AIBDA’s concerns over interest waiver for borrowers.
Macro Moves

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 4 years ago
What are the Opportunities for Indian Companies in China
Macro Moves

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 4 years ago
Dramatically declining unemployment rate in India.
Macro Moves

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 4 years ago
How Chinese Investment in India is Dominating Tech Space
Macro Moves

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. 

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What will be the impact if Indians boycott Chinese products
Macro Moves

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 4 years ago
How India can replace China as World’s Manufacturing Hub
Macro Moves

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.

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Education loan scheme: Know all about Loan schemes and Criteria
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Education loan scheme: Know all about Loan schemes and Criteria

Wandered for hours and hours in the market, scrutinized and compared bank interest rates for availing an education loan to pursue higher studies? Confused between choosing, either a government bank or a private bank, where the government banks and schemes are not hassle-free, and the private banks favor power through connections?

Continue Reading about 4 years ago
Deteriorating financial condition of Hospitality sector in India.
Macro Moves

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 4 years ago
Vodafone-Idea in dilemma about Adjusted Gross Revenue dues.
Macro Moves

Vodafone-Idea in dilemma about Adjusted Gross Revenue dues.

Sometimes, the destiny does not favor you come what may. Think of a farmer who wishes to produce a great yield of pulses this year. Suppose, another farmer acquired land just beside this farmer’s land and starts seeding pulses too. The new farmer had seeds and fertilizers in stock and started the farming process just at the right time. On the other hand, the old farmer had taken a loan to fulfill his supplies and start the process.  

Continue Reading about 4 years ago
Adani Green Energy to execute world’s largest solar order.
Big Shots

Adani Green Energy to execute world’s largest solar order.

Mahatma Gandhi once said ‘Be the change you wish to see in the world’. It’s not necessary that we follow everything literally. Sometimes, the connotations and contexts could be changed based on circumstances and it is all acceptable till the time the result is good and positive. Take this quote for instance, which signifies that if something wrong is happening and you wish to stop it, then you have to start changing yourself first and the world would follow. But, from a corporate point of view this can be related with innovation and problem solving.

Continue Reading about 4 years ago
Health Insurance Plans: Types of Health Insurance in India
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Health Insurance Plans: Types of Health Insurance in India

Insurance, and Health Insurance, in particular, is undoubtedly one of the most underrated investment avenues, especially among youth.

Continue Reading about 4 years ago
How Big is the Tata Group of industries?
Macro Moves

How Big is the Tata Group of industries?

Nothing worthwhile is ever achieved without deep thought and hard work.”-JRD Who else can be shown as an example for the above saying than the Tata themselves? The Tatas have occupied a very high position in the corporate sector using the magic of hard work. The Tata group has set its foot on almost every product you can think of. From salt to luxury hotels, they turned everything they touched into gold. It’s time to turn the pages of history to find out how it all started. 

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Revised India’s Foreign Policy to curb Chinese takeovers
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Revised India’s Foreign Policy to curb Chinese takeovers

In the last couple of months, India and China have had quite a strenuous relationship. In the midst of this, the Covid-19 has plagued the world and has brought in disastrous consequences for economies. Every country is grappling with economic implications and India, being no exception has aimed to take a protective stand by implementing the recent FDI norms.

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SBI FD Rates: SBI slashes FD rates by 40 basis points
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SBI FD Rates: SBI slashes FD rates by 40 basis points

SBI slashes FD rates by 40 basis points. And, a cursory view of Nestle India’s stock. The previous generation has hailed fixed deposits so much that even we find it attractive. Whenever a person in India has got some extra money, the first option that comes to mind is getting an FD done. Reasons for this are also simple – no risk of losing money, a decent rate of return (till now it was slightly more than inflation) and an option to get your money back anytime (compromising the interest). But, latest news from the State Bank of India has put all the FD lovers in dilemma.

Continue Reading about 4 years ago
India
Legal

India's Labour Laws: A Key Area of Reform

India has a number of labour laws that govern almost all the aspects of employment and are regarded as rigid in nature due to their restriction on mobility. In this article, we will be discussing the background of labour laws and the recent reforms done by various state governments due to the Covid-19 outbreak. 

Continue Reading about 4 years ago
TikTok’s tough time going on in India
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TikTok’s tough time going on in India

TikTok’s tough time going on in India. And, a cursory view of Interglobe Aviation’s stock. There’s an old saying that ‘Time is Money’. So, of course wastage of time can never be appreciated. With India being the largest market for TikTok, an impression was being created that Indians have a lot of spare time. Surely, the people consuming the content from the app were not gaining anything out of it besides petty entertainment. And, since people were watching it large numbers, some brands and businesses were also involved in marketing themselves there.

Continue Reading about 4 years ago