Are Small Finance Banks really that small?
Finance

Are Small Finance Banks really that small?

Millions of people and small business units exist in the vast expanse of our country. Therefore, it is incredibly challenging for the Government to extend formal banking services to every corner of India. This situation deprives the majority of the Indian populous of the benefits of formal banking.

Continue Reading about 11 days ago
5 Best UPI Apps in India:
Finance

5 Best UPI Apps in India: 'Savings' ain't your cup of tea

In this fast-paced 21st century, there isn’t a single household that doesn’t own a smartphone. And if you own a smartphone, what is the one thing you do even before downloading various shopping apps? You install a unified payments interface (UPI) payment app. The UPI app has come a long way, from people being scared to even install the app to the ‘tu mu chala chottyein, Google Pay ab har jagah chalta hai’. 

Continue Reading about 18 days ago
What is MCLR?
Finance

What is MCLR?

The marginal cost of funds-based lending rate, or MCLR, is a benchmark interest rate that is the lowest rate at which banks can lend. MCLR went into effect in 2016, basically replacing the base rate structure that had been in place previously.

Continue Reading about 1 months ago
ONDC: How it will Impact Indian Online Retailers?
Macro Moves

ONDC: How it will Impact Indian Online Retailers?

On the 29th of April 2022, India launched the initial pilot phase of the open network for digital commerce - ONDC which aims to democratize e-commerce. Described as a ‘game changer’ by Union Minister of Commerce and Industry Piyush Goel, the ONDC initiative will promote an open platform for all aspects of the exchange of products and services through e - network. The Union minister Piyush Goyal said that ONDC will create new opportunities and remove monopolistic environments.  

Continue Reading about 2 months 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 2 months ago
Top Government Schemes for Startups and MSMEs in India
Startups

Top Government Schemes for Startups and MSMEs in India

Startup India, Standup India! No no this is not just a slogan, these are actual government schemes in which the government is providing a lot of benefits to startups and MSMEs registered in India.

Continue Reading about 3 months ago
Everything about Fiat Currency
Finance

Everything about Fiat Currency

We would often hear our grandparents say that when they were kids, they would get a coin of 25 paise to buy ice cream cones for the whole family. Then, our parents said that they got ₹2 coins to buy those cones. Today, we buy those for ₹50.  It is fascinating how price of a single commodity could take so many shapes, literally. 25 paise coins were round and small. ₹2 coins are a bit bigger. And the ₹50, well, they are no circular metal thing but a piece of rectangular paper.  Ever wondered how they came into existence? How they evolved? What are they backed by? How can a piece of paper hold monetary value? 

Continue Reading about 3 months 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 months ago
What is Greenflation and its impact on Green Energy Stocks?
Macro Moves

What is Greenflation and its impact on Green Energy Stocks?

Go Green! That’s what they say. Since 6th grade we have been taught that the formation of fossil fuels such as coal takes a long time and that the supply for the same is limited and going green is the solution. 

Continue Reading about 3 months ago
What is Decentralization in Blockchain?
Finance

What is Decentralization in Blockchain?

Decentralization is a term we all have heard of very early in our life. Little did we know the meaning of it back then. Today, decentralisation is a concept that works the complete Web 3.0 technology like the blockchain.

Continue Reading about 4 months 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 4 months ago
Taper Tantrum: Everything You Need to Know
Macro Moves

Taper Tantrum: Everything You Need to Know

If you are somewhere connected to the financial industry, you must have gone through this term taper tantrum, haven’t you? You are at the right place to find out everything about taper tantrums. Let’s dive in and decipher this topic.  But to understand this term, we need to understand the history of this term as well as what tapering is?

Continue Reading about 4 months ago
What is Stagflation?
Macro Moves

What is Stagflation?

Economics is the study of commercial activity in an area specifically a country and how the money flows in a country or the value of goods and services produced, distributed and consumed, inflation, cost, industry, demand & supply, per capita income, national income, stages of development in a country and trust me, a lottttttt more! 🤯🤯🤯  It's not wrong to say that economics at its very core is the study of people. Where you can find out what macro and micro factors affect the dynamics of a country. 

Continue Reading about 5 months ago
How Gujarat Became the Pharma Hub of India
Macro Moves

How Gujarat Became the Pharma Hub of India

The Covid19 pandemic added some new words to our everyday vocabulary, ‘vaccine’  and ‘jabbed’ being the relevant ones. Team Covishield or Covaxin? Which one are you?

Continue Reading about 5 months ago
The Highlights of Union Budget 2022-2023
Macro Moves

The Highlights of Union Budget 2022-2023

Urban Development, Hardcore Digitalization, Sustainable living, Paperless Economy, Artificial Intelligence, and record GST collections. That’s it, my friend, we are talking about the Union Budget 2022-2023 which has been announced by the Honourable Finance Minister. 

Continue Reading about 6 months ago
What to expect from The Union Budget 2022
Macro Moves

What to expect from The Union Budget 2022

That time of the year has come when Prime Minister & Finance Minister have started meetings with industry leaders, top entrepreneurs and such, in order to gather their feedback on the state of the economy. Yes, you guessed it right. The Union Budget is around the corner. 

Continue Reading about 6 months ago
How Coca-Cola killed Thums up
Big Shots

How Coca-Cola killed Thums up

It all began in India in the early 1950s; the country was newly released from the shackles of British Rule- free & ready to grow. A company from far away in Atlanta had its eyes on the Indian market wanting to introduce a new style of beverage intending to take over the Indian beverage industry by storm. The company was... Drum rolls… COCA-COLA!

Continue Reading about 7 months ago
Top 5 PSU Stocks to Invest in India
Invest

Top 5 PSU Stocks to Invest in India

Usually, when we hear of PSUs, we believe that these companies are inefficient and lag in quality standards. The fear of these blocking the scarce resources of the country prevails, but there are always exceptions! Some of them function much better than private organizations and aim at societal development, making billions of cash every year. Which is why, strategically investing in these PSUs can prove to be good long-term investments.

Continue Reading about 10 months ago