The telecom industry has been through a rough patch for a while now, since Reliance Jio played havoc with its low-cost data service, incumbent players fumed with insecurities resorting to acquisition and mergers. As non-performing assets (NPAs) pile up, debts sore and smaller players jostle to survive, imminent threats...
The advent of 2018 has been a bed of roses for the Indian economy. The GDP expanded by 7.2% year-on-year in the last three months of 2017, regaining the title of world’s fastest-growing major economy surpassing the economic rival China by a long margin. Interestingly, it is the strongest...
From Goods and Service Tax (GST) to Toronto’s Housing Bubble, the year 2017 has seen major financial breakthroughs, events and development that have affected and will potentially evolve the financial world. Following mentioned are the 5 major events that occurred in 2017 that have had and will continue to...
Blockchain is best known as the technology behind cryptocurrencies like Bitcoin and Ripple, but it is MUCH more than that. Let us learn the numerous other dimensions of the Blockchain technology. First of all what is Blockchain? Blockchain is a distributed digital ledger of economic transactions that can be used to...
The financial market of the country has recently been hit extremely hard by the infamous PNB scam with billionaire diamantine Nirav Modi at the epicenter. While some blame his apparent siphoning of funds on the lack of fraud detection schemes for the PSUs in India, others claim it to...
Transport minister Nitin Gadkari actively promoted his brain-child — the Hybrid-Annuity Model or HAM. Introduced in January 2016 to revive investments in road infrastructure projects, HAM has seen a good initial success. About 30 highways projects have been awarded under HAM by the National Highway Authority of India (NHAI)...
If your father thinks that the best place to park the little savings he accumulated from the fund credited to his salary account is bank fixed/recurring deposit, PPF or post office saving account then we have something to blow your mind today. It has been more 150 years since an...
The world of finance and economics resolves around ‘rationality’. It assumes that human beings are rational beings. That means they think, decide and act in a balanced and in a coherent manner. These disciplines have built up on the fact that individuals are unbiased in their predictions of future....
One of the leading problems that the Indian Economy is facing is the alarming volume of stressed assets with the banking system. There are various ways in which these Non-Performing assets are tackled. After the introduction of Insolvency and Bankruptcy Code (IBC), it was believed that the resolution of...
Agriculture is the social, cultural, political, and to an extent economic backbone of India. The Indian farmer is rightly valorised as the bulwark of the Indian system. So when the same farmer finds no light at the end of the tunnel, and chooses to end his life rather than...