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.



Govt of India Bans Rs500 & Rs1000 Notes to Fight Black Money - Impact and Analysis November 09, 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 November 01, 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? October 21, 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 September 01, 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 August 28, 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 August 19, 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 August 01, 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)