In this new era of technology, one must not forget the golden rule- think about the future because the present is obsolete.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 […]
Month: Aug 2019
Finance Minister’s Mini Budget
On 23rd August, 2019 FM Nirmala Sitharaman unveiled the much-anticipated stimulus measures to boost the economy, perk up markets and address tax issues, lifting the credit flow, besides seeking to aid the auto sector. Are the announcements good enough for our economy? The following are the announcements and their impacts : Facilitating Wealth Creators CSR […]
It is well said that the investors do have a sixth sense! On the last day of July, Policymakers led by Jerome Powell voted 8-2 in favor of a small cut in the federal funds rate by 25 basis points for the first time since 2008 financial Crisis, a move that was widely predicted by economists […]
The government recently slashed the projected GDP growth rate for FY 2019-20 from 7.2% to 7%, which is also the second lowest GDP growth rate in the last 5 years(after a 6.8% GDP growth rate in 2018-19).The IMF has also cut its projection for the year by 0.3 percentage points to 7%, which was 7.5% […]
