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.
Global Monetary System- Evolution and Policies
01 December 2016
In the global scenario, there is no country which is independent or which does not affect the economy of the other countries or which is not affected by the economies of other countries. This fact makes it imperative that there should be an effective global monetary system. The global monetary system is designed with mutual consensus of the countries to promote free international transactions. The main task of the global monetary system is to provide adequate liquidity, smooth and transparent adjustment of global transaction and to build confidence in the monetary system.
Govt of India Bans Rs500 & Rs1000 Notes to Fight Black Money - Impact and Analysis
09 November 2016
The Govt of India has banned the use of currency notes of Rs500 and Rs1000 denomination with immediate effect from midnight 9th November 2016. This is seen as a strong move by the Govt in order to curb the use of black money, which has been an issue since a very long time in India.
SMEs and their Contribution to Indian Economy
01 November 2016
Medium Small and Micro Enterprises (SMEs) have dependably been the foundation of an economy when all is said in done and optional division specifically. For a capital rare creating nation like India, SMEs are considered as panacea for a few financial burdens like unemployment, neediness, pay disparities and territorial awkward nature.
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.