Cryptocurrency is a digital asset designed to work as a medium of exchange. It has been a growing matter of discussion among a section of people as there has been an opportunity of financial gain by trading it and using it as a medium of exchange around the world. National and international media ha...
“Ships leaving Nhava Sheva port, across the harbour from Mumbai, tend to ride higher on the water than when they arrive. India’s trading statistics explain why: steel and other industrial goods from China weigh down the ships as they come in, to be replaced on the way out by fluffy cotton bales,...
Finance Minister Arun Jaitley must be a happy man. Vindicating IMF and World Bank’s high GDP growth projections for 2018-19, India’s investment scenario has improved considerably. Reflecting the trend the non-food credit flows of banks to commercial sector have increased steadily in recent...
There are some new headaches for policy makers this past fortnight. The rupee has been sliding faster. On the other hand, oil price is rising. Indian currency fell to the lowest at `67.13 on May 8 – the lowest in the past 15 months. Last month, the decline to `66.08 was the steepest in 12 months s...
At present, the Indian economy is passing through a phase of rural stress, credit crunch, lack of employment opportunity, etc. Across the world, one is witnessing a push-back of globalisation by nationalist and protectionist forces. Economist Dipak Nayyar, a professor emeritus, Jawaharlal Nehru Univ...
Indian mobile manufacturing industry is expected to touch Rs.1,32,000 crore by end of 2018, said Ravi Shankar Prasad, Union Minister, of Electronics & Information Technology said at an ASSOCHAM event held in New Delhi.India manufactured about 110 million mobile phones in 2015-16 as compared to 6...
Way back in 2008, when Arjun Shetty and his wife Rati, both working in Seattle, USA, were exploring various options which included re-locating to India, they started looking for financing avenues for setting up their home in Chennai. “We found the system to be laborious. We had to go from pillar t...
Getting a loan isn’t easy. Satyam Kumar, Co-Founder, LoanTap, spoke to BE’s Ankita Chakraborty about the present lending industry and how his company is working towards providing hassle-free lending services.Q. What was the idea behind LoanTap? How does it work?A. Until a few years ago, traditio...
Hemant Kanoria, Chairman and M.D., Srei and Trustee, Kanoria Foundation (third from the right), with Suresh Prabhu, Union Minister of Commerce and Industry and Civil Aviation, Amitabh Kant, CEO, Niti Aayog, along with the delegates at the International Business Congress in Delhi. The Internatio...
The International Monetary Fund (IMF) released its first bi-annual report on World Economic Outlook (WEO) in mid April, 2018. The WEO is issued usually ahead of the routine Spring IMF and World Bank meetings in Washington D.C, where world leaders, finance ministers and non-governmental organisations...
