economy

The hay-days for Indian stock Markets seem to have come back again – Positive rally for past 8 days has seen Indian markets scale peaks seen more than 30 months back. I have been off-and-on trader in Stock Markets and most of my…

Last night, I was reading about Professor Jagdish Bhagwati (renowned professor on Indian Political Economy at Columbia University) who quotes that ‘we will more or less become what China is today and that will make us the fourth…

According to Bank Statistics monthly report released by RBI yesterday, HDFC Bank stands at number one position when it comes to number of e-transactions taking place in India, while SBI is ahead in terms of value of transactions. ICICI…

India registers highest quarterly GDP growth in 2 years – Expects 9 % Growth going forward After couple of years of recessionary phase – India is back on a fierce growth path. Last Quarter’s GDP growth of 8.8 percent is highest since…

The much-awaited Direct Tax Code (DTC) Bill was approved couple of days back and few more clarifications have come out – some positive, some negative. In fact, there is difference of opinion among various analysts. Some say that the new…

In ultra-fast world, where the stock market is concerned, a few minutes can affect one’s profit and loss margin. Stock market prices and market fluctuations can literally change in minutes. The facility to trade stocks from a mobile enables…

Finally, India is warming up to broadest tax reforms in the form of Direct Tax Code (DTC) and Goods and Services Tax (GST)  . The former is centered around expectations to minimize tax exemptions, but widen tax slab on personal…

Whenever I discuss anything about India, people site excessive population as the core cause of almost all the issues faced by Indians. I always try to make a case as to why I think having a huge population might work for our benefit if its…

Consider a case, Shyam is from Raipur - He has come to Mumbai for better opportunities is now earning a monthly household income is Rs 10,000 to Rs. 20,000. Can he buy a 1BHK home which costs around Rs.10 Lakh to Rs. 25 Lakh in Mumbai (for…

Money can buy you anything... Paisa bolta hai (Money speaks)... Money hai toh honey hai... (If you have money, then you will surely get your love) You must have surely heard some of these phrases. Looks like our political parties…

Indian Junta has embraced the new rupee symbol with all its heart. We are increasingly seeing the new rupee symbol ( Rs. ) everywhere. An Indian company, Foradian Technologies was quick to come out with Rupee Font as soon as the rupee…

The MakeMyTrip (MMYT) stock surged 89% on its listing last Thursday, and has been the best IPO to list in the US since Athena health Inc’s IPO in 1997 which surged 97% on listing. MakeMyTrip raised $70 million by selling 5 million shares…

It is quite clear that we are seeing the end of recession and have taken the high growth path. However, the acute problem we’re facing is still unknown to us: FOOD SECURITY. Yesterday, Food inflation had aggravated to 11%. Just take a…

Since prehistoric times, Indian economy was often called the ‘monsoon economy’. It reflects the critical role of the monsoon in Indian agricultural economy. Few days back, I read this newspaper headline ‘ Higher planting and renewed…

By now I am sure you know how to use the New Rupee Symbol in your Word documents. (If not just download and install this font and press the key above ‘tab’ button and you are set). However, using the Rupee symbol ( Rs. ) to show up on…

The buzzword in stock market today is Microfinance entering Capital markets. SKS Microfinance is going to raise Rs. 163 Crore through its IPO which is in news for few weeks. The Hyderabad based institution will be priced at Rs. 985 per…

This has happened earlier than expected – I have just come across this photo and thought I would share it with the readers. Its been around 3 weeks since the New Rupee Symbol was launched – It seems our Mint has got into action and came up…

There have been various evidence and research studies that measure the economic impact of mobile phones directly. One example is the analysis of fish prices in coastal Kerala, India. Economists from Harvard measured the historical price as…

Paypal woes continue for Indian users. Early this year in February, Paypal had completely stopped withdrawals to India, be it for Individuals or Business citing RBI regulations. However, few days later they had resolved local bank…

Winding the coil and unwind it! – thats what RBI seems to have done better than most other Central banks world over since the start of the global recession. In fact, RBI has gone one step further and announced that it will come out with…