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.



Commodity Slump intensifies Risks to emerging markets November 16, 2015

Looks like world markets have got the habit of behaving weirdly. Just when people thought that Eurozone and Greece woes are settling down, it is the commodity exporters who are standing on thread now. Going by basics, IMF defines a country as commodity exporter when commodities form at least 35% of economy’s total exports and the net commodity exports account for a minimum 5% of country’s gross trade. Calculations reveal that there are around 52 emerging and developing economies which can be classified as commodity exporters among which 20 are low income countries. The high no. of exporters under this category is a reason to worry since this means loss in export earnings, less jobs and currency crises.

 

India & Africa - Relations & Way Forward November 16, 2015

It has been the “low for the mighty”, “poor for the rich” for the ages. It is because of the fact that mighty has the power to dominate the submissive and use it for its benefit. It’s not new to us. History has been the biggest example for this with the advent of colonisation and subsequently slave labour all proving the same. There has always been cases of talent houses being pulled from deprived countries to serve the developed ones. Even in our own ancient history, when the East India Company ruled over India, skilled people were pulled from drains of India to the high rise buildings of United Kingdom. This has been the trend which has remain unchanged over the past couple of years.

 

Impact of GST on Indian Economy November 12, 2015

Much has been already said about the implementation of the Goods and Services Tax (GST) in India and its possible implications on the status quo. This article is an attempt at evaluating the economic impact of redesigning the existing tax structure and moving on to GST that looks to replace all indirect taxes with a single tax rate as a means to simplifying the tax levying process for the Indian government. The central idea behind GST is to shift the tax mix from income based to consumption based.

 

Growth in Various Sources of Funding November 07, 2015

Since my childhood I have heard many stories about my grandparents and parents venturing into an altogether new city with just a few hundred rupees in their pockets, setting up business by taking a loan of a few hundreds from their near and dear ones or banks and exceling in that field. Such were the limited aspects and such were the narrow opportunities. However after nations started opening their doors for other countries things became topsy turvy. For greater good ofcourse. After the advent of liberalisation and globalisation new expert players entered into the market and gone were the days when few hundred rupees from relatives could keep the businesses surviving.

 

Goods & Services Tax - Biggest Tax Reform Since Indian Independence November 05, 2015

"Single biggest tax reform since Independence"

"GST will ensure seamless transfer of goods and services, absence of Inspector Raj and no tax on tax"

- Mr. Arun Jaitley, to reporters, soon after tabling the 122nd Constitution Amendment Bill, in the Lok Sabha on 19th December 2014.

 

India as an Investment Destination - Opportunities for Tomorrow November 02, 2015

The rapid expansion of the capitalist system and the encroachment of industrial economies in the orient world 20-25 years ago were seen as the first signs of the rise of a new world order. The tectonic plates are shifting and the East is rising. The growth of India and China in two different yet successful economy has aroused the curiosity of the Western world. China with political centralisation and economic devolution has developed into a highly efficient manufacturing economy while India has evolved into a vibrant socioeconomic ecosphere. That is primarily the reason why India has been receiving huge inflows of foreign investments even when currently the overall economic rating of the country is under stress.

 

Payment Banks- A Revolutionary Change in Indian Banking System November 01, 2015

The Indian Banking System is going through a revolutionary phase with the introduction of payments banks in India with the Reserve Bank of India finalizing the norms and regulations for its implementation in the Indian market. For the first time in the history of banking sector, the RBI has announced a set of differentiated banking licenses for the 11 applicants who have applied for the set-up of payment banks apart from the one commercial category licenses of universal banking. A payment bank is a bank whose banking services have been striped-down from the Universal banks to only use mobile phones for availing its services instead of traditional bank branches.