9 Changes That Will Impact Your Financial Plan in FY’19-20
31st March 2019: a big day in the financial world, signaling the close of the previous financial year and the herald of the new FY. Taxpayers are heaving a sigh of relief, having met the income tax deadline. Investors have complied with SEBI regulations to dematerialize share transfer and accountants have closed the books for […]
The 2008 Crisis Is Still Affecting You. Here’s How!
The Global Subprime Crisis of 2008 is one of the most severe money crisises that the globe has ever faced since the Great Depression of the 1930’s. The ‘Financial Crisis of 2008’, additionally referred to as the United States Meltdown, has its origin within the US housing sector back in 2001-02, however, bit by bit […]
How Much Is India Spending to Keep the Economy Going?
‘Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer’-Adam Smith, noted economist India’s consumption driven growth story would have got a thumbs up from classical economists like Adam Smith. […]
Will India’s Economy Slow Down Sharply in 2019?
‘’When anyone talks about India, it is a positive story. It’s among the top two emerging economies, one of the most popular destinations for FDI. Rising India means moving from darkness to light. Rising India is not just strength of economy or rise in the stock market or record foreign investment. For me, Rising India […]
Does the Budget Indicate that India Can Become a 10 Trillion Economy?
In his speech introducing the interim budget, Finance Minister Piyush Goyal exuded confidence as he put forth his plan for the holistic development of the country. The interim budget is generally not when political parties make big ticket promises but Piyush Goyal’s offering the nation was ambitious, akin to an election manifesto. In his address, […]
The 10 Fastest Growing Economies in 2019
The topic itself is enough to spur your curiosity. However, there are not many surprises in terms of the member countries who make up in this elite club, whose nominal GDP contributes a whopping 67% of the world’s economic growth. The list is compiled by Focus Economics, a think tank based out of Spain, that […]
India on Its Way to Become World’s Second Largest Economy?
With ongoing reforms gradually beginning to make an impact on the economy, India is all set to become the world’s second largest economy by 2030, according to a Standard Chartered report. India is currently the world’s sixth largest economy with a valuation of over 2.5 trillion dollars. The report published by Standard Chartered on January […]
6 Sectors to Look out for After the 2019 Elections
The year 2018 was an eventful year where the benchmark indices bled after a stunning show in 2017. The mid-cap and small-cap index, in particular, saw a steep decline. The market witnessed events such as the reintroduction of long-term capital gains tax, banking scams, BJP losing elections in Karnataka despite emerging as the single largest […]
Is India Leading the Digital Revolution?
Over the past 25 years, the world has changed at an unprecedented rate. With the invention of the internet and rapid progress in digital electronics, the world is more connected than ever before. The impact of the digital revolution is so immediate and so intense that we may never live long enough to truly grasp […]
Experts Say This Is the Worst Quarter for Global Trade: Should India be Worried?
“When there are too many clouds, it takes one lightning (bolt) to start the storm’’- IMF managing director Christine Lagarde The above words aptly summarize the current global economic order, which is shrouded in financial uncertainty and burgeoning trade tensions. Financial analysts believe that the global macroeconomic indicators of global trade point to dark clouds […]
8 Strategies to Overcome Market Volatility
How was the year 2018? 2018 turned out to be a year with a lot of surprises, there were various ups and downs, which resulted in a volatile market, yet, BSE Sensex ended at 36,068 – up by 5.9% from the start of the year. Crude oil prices, global trade-war tensions, rupee volatility, liquidity concerns, […]
A Recession Might Hit in 2019: Will it Affect India?
When one thinks of the word recession: the first thing that comes to mind is the global financial crisis of 2008. Subject to much media coverage and analysis, the recession of 2008 led to the loss of over 8.7 million jobs worldwide, in addition to the collapse of the housing market in America and the […]
What happened in 2008? Market crash explained
We all are aware of the financial crisis or the recession which took place in the year 2008. The Global Financial Crisis of 2008, is considered to be the worst financial disaster since the Great Depression of the 1930s. It all began in the year 2007 with a breakdown of US subprime mortgage. And it grew into a full-blown international banking crisis with […]
Will India Face a Financial Recession in 2019?
Predicting the growth of an economy is as difficult as predicting the price movement in a stock. While economists perform exceptionally well when it comes to explaining the rationale behind the events that have already happened, it is equally difficult to predict what lies ahead. Plenty of people have been asking about the chance of […]
Budget 2019: Boon for the Middle Income Group?
This year, the government has gone all out to provide relief to all the major social segments of the society. It was expected to bring in policies and reforms for the farmers. The other classes who hoped for similar sops was the middle class. The Interim Finance Minister, Mr. Piyush Goyal left no stone unturned […]
Budget 2019 – A Budget Like Never Before?
The year 2019 remains a crucial year for the global economy and particularly the Indian economy which is marching towards becoming on the top three economies of the world over time. The year 2019 witnessed its first crucial event, i.e., the interim budget with the second being general elections due in May 2019. In this […]
10 things you need to know: budget 2019
The budget for 2019 was presented by Piyush Goyal, the Finance Minister of India. The ex-Finance Minister of India, Arun Jaitley is in the USA for medical treatment. One of the bigger questions floating the media was if this budget will be a populist one or not. Especially in light of the upcoming general elections. Today, […]
Three Main Reasons Why the Global Economy Is Slowing Down
A big news doing the round is the slowdown of the global economy. A natural question that may come to your mind when you hear of this statement is: Why is the global economy slowing down? There are a number of inter-related and inter-connected factors at play, which together, influence the growth of the global […]
The Chinese Economy Is Slowing Down. Will it Affect India?
After nearly three decades of double-digit growth, China is slowing down as it is rebalancing its economy from a risk-prone export economy to a less volatile domestic consumption-driven economy. The impact of China slowdown on India has been a topic of discussion since a couple of years now. The Finance Minister Shri Arun Jaitley articulated […]
Will India’s GDP Increase to 7.3% in Fiscal Year’20?
Oil prices touched $86 per barrel. IL&FS crisis played out,leading to markets slowdown. Four fed rate hikes occured. Rupee depreciated to an all-time low. Trade war between two superpowers played out. Yes, India witnessed all of this in a single year. Yet, it is the fastest growing economy in the world today. But wait, has […]