Why is it decided to merge banks? Government promised a capital of Rs. 70,000 Cr. to the banks. Instead of making thin payments to...

Much awaited “one nation, one tax, one market” came to reality with RS passing the GST bill last week. The next steps include Get the CAB...

Let us begin with the understanding of how taxes are applied before VAT came into picture. Consider this flow of a product: Manufacturer...

While most of the articles in the news from the last week are on global slow down of economies including India, many say there is a...

Currently the oil price is around $80 per barrel. In the past, whenever there is a fall in crude oil prices, Organization of Petroleum...

With the current trend of Sensex going up and anticipations that it would touch 30K point, there will be sufficient inflow of money in...

FDI – Foreign Direct Investment. FDI in simple terms is a company from a country investing into the business of another country. Example,...

Recently, we see the headlines in Economic times that RBI may increase the repo rate by 25bps. So what is it? bps stands for ‘base...

There are 3 companies that did very well in US, while others went down, in spite of recession during 2008 melt down. Walmart, Dunkin,...

From a layman perspective with regard to Indian Economy: Current Challenges: High inflation – More demand than supply, so prices go up A...