"I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years" ~ Warren Buffet What is Black Monday? On the 31st Anniversary of the Black Monday, 19th October, 1987 we unfold...
Diamond merchant Nirav Modi and an Indian state-owned lender, Punjab National Bank has been in news headlines for a while now. This banking fraud not only raised concerns about the Indian banking sector but has had and will continue to have devastating effects on overall Indian economy. From bank...
2.9 Billion U.S. Dollars have been successfully invested on the most popular crowdfunding platform, Kickstarter as of September 2017. If you don’t know about crowdfunding, you have come to the right place.
Fed Rates or the Federal Fund rates are those interest rates in United States at which on depository institution lends out to other depository institutions without any collateral security. It is the rate at which Federal Funds are lent out overnight.  Banks hold reserve requirement with the local Fed...
The Government of India and RBI have taken significant steps in the last few years to achieve financial inclusion. The Jan Dhan Yojana, the Digital India initiative, launch of payments banks and small finance banks have contributed in improving the reach of formal financial services to hitherto unbanked population...
There are three types of accounts that an NRI can have in India– NRO Account NRE Account FCNR account Let's learn about each one of these: 1) Non Resident Ordinary (NRO) Account As the name suggests, this account is a like an ordinary account bank account that allows an NRI to manage...
The implementation of GST that became effective from 1st July 2017 and the preparatory run up, has had quite a destabilizing impact on small to medium businesses across India. The SME sector that comprises the vast majority of business units that were adversely impacted by the demonetization and hires...
Part 1 of the article reflected upon how people are different in different parts of the world. Hence, thinking locally is the only way to grow globally. When MNCs enter a foreign environment, there exits an inevitable conflict of culture, differences in tastes and preferences, varied habits and operating...
Many business owners run in the other direction when asked to think of a budget. That’s because they think making a budget is a complicated exercise that will require having a financial professional guide you every step of the way. A budget not only helps in keeping track of your...
"A nationwide E-way Bill System has been rolled out on trial basis from today i.e. 16th January, 2018. Avail the opportunity to get used to the system before it becomes compulsory." E-WAYBILL will come Into effect from 01.02.2018 for inter-State movement of goods. The e-way bill is required where movement of goods...