Finance Articles

Finance articles section focuses on various concepts of finance like budget, stock market and economics of various products & services. Apart from these articles on global financial institutions, different banking systems and topics of international importance in the field of finance are present.

Should India Implement Carbon Tax? 21 October 2016

"Because normal human activity is worse for nature than the greatest nuclear accident in history."

These lines by Martin Cruz Smith aptly nail down the current scenario of our environment. Humans are overexploiting nature for the want of lavish lifestyle, modernity & technology. Every industry burns hydrocarbons like coal and natural gas which leads to the emission of carbon monoxide in the environment. All the combustible energy sources lead to the exudation of such poisonous substances. In India, the rising pollution levels are a matter for concern due to which the government has come up with various measures to curb the pollution. The 2016 mid year pollution index in India varied from 82- 94 which is deadly for all living beings. One such measure formulated by the government is levying carbon tax.


BitCoin"Age" - Digital Era of Money 01 September 2016

A digital currency created and held electronically without any control is what BITCOIN can be defined as. It isn’t like some ordinary day to day currency like rupees or dollars. It has no physical presence and cannot be printed on paper or molded in form of coins. Bitcoins are produced by businesses all around the world using computer software which solves mathematical algorithms. It is called mining where coders compete and solve mathematical puzzles. At present, roughly 25 Bitcoins are awarded to a winner every 10 minutes. Hence, Bitcoin can be considered as the first example of Cryptocurrency.


Swachh Bharat Abhiyan- Impact and Way Forward 28 August 2016

India is the second most populous country in the world. In India, more than half of the total population has mobile phones but around 60% of people do not have access to private toilets. Majority of the population of India defecate in the open. This causes a lot of dangerous diseases putting public health into danger. In 2011, as many as seven lakh students died due to diarrhea. In rural areas, the girls stop going to schools due to unavailability of toilets as they grow older.


Triple Bottom Line- For a Sustainable Business 19 August 2016

The Triple Bottom Line was developed by John Elkington to measure sustainability. Sustainability is been talked about as one of the important goals of any enterprise but defining a quantitative metric to sustainability and measuring it accurately is a challenge. Triple Bottom Line framework differs from the conventional measures of profits, ROI and value to the shareholder and incorporates two other segments- social and environmental dimensions.


GST Bill in India for Economic Inclusion and Employment Opportunities 01 August 2016

A lot has been talked about this fascinating name- Goods and Service Tax (GST) bill; many views have been portrayed for and against GST bill. Many politicians and Scholars had been penning down their opinions on the topic. Many theories have come up which explains the implications of the Goods and Service Tax bill. GST bill was introduced by Arun Jaitley in Lok Sabha on December 14, 2014. Finance minister described it as “Single Most Tax Reform after 1947”. The bill was enacted by Lok Sabha on 6 May, 2015. However, the bill is yet to be passed by Rajya Sabha (as on 14th May, 2016)


FDI in eCommerce in India- Journey so far & Trends 23 July 2016

India has seen a plethora of changes in the past decade and one of the remarkable transformations is the evolution of the Digital India which led to the birth of E-Commerce industry. This growth has been triggered with the increase of the penetration of mobile subscription and their alliances towards internet.


Health Insurance Industry- Startups vs Industry Giants 09 July 2016

Indian insurance industry has witnessed a substantial growth in last few years, so do the health insurance industry. The growth in health insurance sector is likely to continue with rapid pace in 2016. The CAGR in 2015 was 33.2% as compared to 2013, because the number and awareness of insurance coverage has increased among the consumers. This industry covers second major sector in the non life insurance market which is 27.7%. The increase in number of coverage among customers because of the changing trends steers the growth in this sector.