
Taking a Haircut, what it means for the banks?
These days we often hear the phrase called “taking a haircut”. What does it mean, and how it effects a common man? In simple language,
These days we often hear the phrase called “taking a haircut”. What does it mean, and how it effects a common man? In simple language,
Why Government cannot print currency notes and give to needy? After all, printing currency notes is in control of RBI and GOI. It needs no
Though I am not an expert to find a flaw in the banking system, something stunning has come to my notice. Why do I call
What is BHIM UPI? BHIM stands for “Bharat Interface for Money”. How BHIM UPI works? UPI stands for “Unified Payment Interface”. BHIM UPI is a revolutionary
There was a time when India was primarily an agriculture based economy. But today the service sector and the manufacturing sector contributes to about 75%
Understanding of Debit and Credit transactions is essential for accountants. But these days, “this rule” is taught even to Business Schools. Debit and Credit transactions
There is a strong relationship between GDP and tax revenue. But before we must know what is GDP (Gross Domestic Product). GDP is an indicator of
Every balance sheet transactions recorded by the company, alters its Balance sheet. For investors, it is interesting to understand balance sheet transactions of companies. Though
What is the history of inflation in India since last 10-15 years? The rate of inflation in India is currently hovering around 4 years low
In order to understand whether government subsidies are good or bad for India we have to see things in larger perspective. Instead of looking only at immediate
There are few basic traits of rich people that is lacking among common men. What are they? Rich people does things which we common people
For an investor, it is essential to know the basic of accounting. In this post, we will see simple explanations of accounting. No matter how