It is often the case in India that big entrepreneurs do business with the help of public money borrowed from banks and other financial institutions. They expand their business, borrow again and use it for some other businesses. Their names feature in the list of top billionaires but when it comes to...
IntroductionCurrency Demonetisation is an act of banning the existing denominated currencies which are in circulation. The purpose of demonetisation could vary from curbing inflation to eliminating counterfeit currencies from the economic system. On November 8, 2016, Indian Prime Minister Narendra M...
After winning the recent Gujarat and Himachal Pardesh elections, BJP, either directly or in coalition is steering 19 of India’s 29 states. However, looking at the setback that the party received in non-urban areas (particularly in Gujarat), it is likely that the focus will now shift towards the ru...
The ugly face of inflation is once again on the horizon. Despite promises made by the Finance Minister, Arun Jaitley, the impact of the Goods and Services Tax (GST) on prices has been counting adversely. Except in September when the WPI inflation rate had declined marginally compared to August, both...
Seventeen years after its primary formulation, the Goods and Services Tax (GST) became a reality on July 1, 2017. Immediately after its roll-out, it faced criticism due to its multiple tax rates. Many questions have been raised, questioning the implications of the much coined slogan, “One Nation, ...
A big challenge facing the Credit Delivery Mechanism today is the rising tide of non-performing assets (NPA). The Insolvency and Bankruptcy Code, 2016, was designed as a corrective measure. An amendment was announced on November 23, 2017, barring the promoters from participating in any resolution pl...
Kirit BudhbhattiPrincipal, Government registered valuers and Member of Arca Laudis International Network of ValuersQ. How do you explain India̕ s valuation quality compared to developed countries of the world?A. In developed countries valuers are trained in valuation before granting Licence for p...
Proper calculation of valuation of properties is very important for an economy. In India there is huge lack of transparency in calculating it. This is one of the sources of several corruptions. A well known example is the banking sector where valuation of property has an important role in its activi...
Joblessness in India is assuming dangerous dimensions and politicians are busy debating upon the number of actually unemployed persons in the country. There's no serious endeavour to curb joblessness. The economy is already facing a slowdown and the GDP has nose-dived by 3.5% in just six quart...
Company BackgroundlBharat 22 ETF (Exchange Traded Fund) is the second ETF that will be launched by the Union Finance Ministry after NSE CPSE ETF and is managed by ICICI Prudential Mutual Fund AMC.l ETFs are index funds that are listed and traded on stock exchanges just like regular shares. They are ...