All about WhatsApp’s ‘Not-So Private’ policy WhatsApp has become the reason for the public uproar due to the changes in its privacy policy, effective from February 8. It details the way WhatsApp processes the data of the users and works to provide integrated services across Facebook products. The 400 million users were agitated by the […]
BLOCKCHAIN-TECHNOLOGY OF TOMORROW
In this new era of technology, one must not forget the golden rule- think about the future because the present is obsolete. It is hard to find anyone who has never heard about bitcoins and cryptocurrencies, but has anyone ever thought what force or technology works behind it? The answer is blockchain. Blockchain has completely […]
VISION OF THE DECADE
On 5 th July our first full time female Finance minister presented the Budget in Lok Sabha. This was the first budget of MODI 2.0 and it gathered mixed reactions from the public. The budget was prepare with a 10 year vision. Government with this budget has tabled there vision of making India a $ […]
Wirecard: €2 Billion went Poof!
Company Background Wirecard, founded in 1999, is a German real time payment solution provider. It recently grabbed a lot of attention as their balance sheet was reportedly “missing” 1.9 billion dollars. The history of the company is much like a rollercoaster, it has seen its fair share of highs and lows, from being on the […]
Franklin Templeton
Founded in 1947 in New York by Rupert H. Johnson, Franklin Templeton has over 455 different open-ended mutual funds and 7 closed-end funds in the fund family. This firm has been in the highlights since its big reveal of winding up of 6 of its debt schemes April 29,2020. This move resulted in a sudden […]
The Facebook Jio Deal
THE DEALFacebook, certainly the largest social media player based in USA, has invested Rs. 43,574 crores in Reliance Jio, a Reliance Industries Ltd. undertaking, for a 9.99% stake. The news came out on 22 April morning and triggered the bulls for both the shares on their respective markets. RIL (on NSE) closed at Rs. 1363.60 […]
WTI Crude Oil Price Crisis
For the first time in the history-WTI Crude Oil futures price fell below zero and reached upto a negative of $40.32. US crude oil futures prices were down by 321% on Monday, with WTI crude oil price falling to almost $0 per barrel. This is the biggest single-day decline in the history of crude oil […]
A COSTLY BUSHFIRE
OVERVIEW The recent Australian bushfire has raised serious climate concerns all around the world. The devastating fire was witnessed in the south-eastern states of Australia, New South Wales and Victoria, charring an approximate 12.35mn acres of forest land, an area corresponding to approximately 33 times the area of Delhi. 24-25 people have been reported dead […]
TRACING INDIA’S AUTO SLOWDOWN
What has transpired until now? The industry started off 2018-19 on a good note with vehicles sales across categories growing 18% to nearly 70 lakh units in the first quarter (April-June 2018). During the quarter, passenger vehicle sales were up nearly 20%, commercial vehicles sales were up 51.55%, and that of two-wheelers grew 16%. Where […]
THE NBFC CRISIS
First of all what exactly are NBFCs? Also called as shadow banks, NBFCs are financial institutions that provide banking services without actually having any banking license. They work with little or no regulation from the agencies. Unlike normal banks which provide a gamut of services, this sector specializes in a particular field. For example, Muthoot […]
After the beginning of the second tenure of the Modi government ever day brings with it a new package of reforms or policy announcements to address the economic slowdown India is grappling with. On Friday, Finance Minister Nirmala Sitharaman announced the government’s decision to merge ten public sector banks into four larger entities. This move […]
