1. BACKGROUND/OVERVIEW “Borrow Rs.100 from a bank, it’s your problem. Borrow a hundred million it’s the banks problem” Debt is classified as an NPA (Non-Performing Asset) when loan payments have not been made for a period of 90 days. It was RBI’s independent initiative to conduct a review of the NPA monitoring system during the … Continue reading COLLATERAL MISMANAGEMENT AND INCREASING NPA’s
"Creativity is the solution to all problems"- Brian Chesky , co Founder and CEO at Airbnb For those who don't know, Airbnb is an online marketplace where people can lease or rent short term lodging. The $31 billion company does not own any lodging but is merely a broker. So how did two unemployed friends(3 … Continue reading How Airbed & Breakfast became Airbnb ?
Hello there everyone , As companies write a review letter every year for their shareholders , I am going to try my hand at one too for my viewers . Have to say that this one year has felt extremely productive due to this piece of 21 st centaury Diary Writing Model. I have got to … Continue reading 1 Mega Year of Blogging !
why is finance important ? In my perspective it is better to master it before it masters you . And on a lighter note to end these kind of conversations ! ME : I really want to travel . BANK ACCOUNT : like where ... to the backyard ? ME : I want to buy … Continue reading Why Finance ?
DISCLAIMER: Chief Economic Advisor Arvind Subramanian has in collaboration with IIT Delhi started a course on “CONTEMPORARY THEMES IN INDIAS ECONOMIC DEVELOPMENT AND THE ECONOMIC SURVEY “. I would be doing a write-up based on every module. Hope that it’s informative. MODULE 1: GLOBAL AND INDIAN ECONOMIC HISTORY To understand today’s economic scenario we need … Continue reading IndianEconCourse – Module 1
It’s a uniform tax on goods and services uniformly taxed across the country (in our case India). There are two kinds of taxes direct and indirect taxes. In direct the individual pays the amount and in indirect intermediaries pay with the help of final consumer. All these direct and indirect taxes have been added in … Continue reading Goods And Services Tax
India has an ever growing 2 billion telecom (telephone, mobile) subscribers. Before Jios majestic arrival prices and connectivity both soared. But Jio tried changing that on both the spheres. Its entrance into the telecom sector has led to a massive ripple effect. India’s 2nd and 3rd largest operators Vodafone India and Idea Cellular have agreed … Continue reading THE LINCHPIN CALLED JIO FOR THE TELECOM SECTOR
"There is no intoxicant more dangerous than cheap money and excessive credit “- Benjamin.M.Anderson So as you might have guessed from the cover above this book is about someone who ended up making huge bucks. Well to clear the mystery, Greg Paulson made $4billion in 2007 by betting against the housing marketing (his bet was … Continue reading THE GREATEST TRADE EVER BY GREGORY ZUCKERMAN BOOK REVIEW
a few of my own thoughts. 🙂
P.S.( written by me)
thank you Blue chip for posting 🙂
So on 8th November at around 8:30 at night in India the king of our economy Mr. Cash was dethroned from his magesticity and made a second-class citizen! 86% of the total value of currency in India’s cash-intensive economy was wiped out. This all was done by none other than our beloved PM Mr. Narendra Modi. Well a big question that looms is whether it was done to embed himself in history, to finally respond to the eradication of black money promises made during election or indeed in the goodwill of the nation.
Well there are three school of thoughts. One of them belonging to the not so creamy layer of income (and thinking). For the poor and the middle-class, anything worse than their own suffering is the suffering of the rich. The knowledge that the “baniyon ki Sarkar” was changing its stance was all that mattered to them. Seeing…
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Right now my favorite pass time is going and asking and seeing whether shop vendors have paytm or not. Last week when we went for shopping, all our payment were through the one and only “paytm wallet”. So a brief intro. of this game changer is that it was formed by Vijay shekhar sharma (Vjs), … Continue reading PAYTM KARO! PAY THROUGH MOBILE!