Why is it decided to merge banks? Government promised a capital of Rs. 70,000 Cr. to the banks. Instead of making thin payments to multiple entities, it can disburse relatively large money to only few, but strong entities. That way… Read More ›
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India’s strategic win at UNSC
Inspite of slight tense situation created by our strategic partner Britain, India is able to convince United Nations Security Council that the situation in Kashmir is normal and there is no need to assume any panic. (Source courtesy : Wikimedia… Read More ›
Key events impacting Economies in 2018
Today’s article in ET by Reshmi Khurana and Probal Dasgupta has given a clear insight on key political events that could affect global as well as India’s economy. With his unconventional leadership style, Trump is redefining US relationship with rest… Read More ›
India’s current foreign relations
The dynamics in global relationships are changing frequently. Some have been favourable to India and others are posing challenges for its growth. India ensured a clear approach on West Asia policy. A combination of investment, defense and security, counter terrorism… Read More ›
GST – What Next?
Much awaited “one nation, one tax, one market” came to reality with RS passing the GST bill last week. The next steps include Get the CAB (constitution amendment bill) approved by at least 50% states Create a GST council Concluding… Read More ›
How will GST work in India
Let us begin with the understanding of how taxes are applied before VAT came into picture. Consider this flow of a product: Manufacturer -> Retailer -> Consumer Say the initial price is 100 and sales tax is 10%. Then Manufacturer… Read More ›
Cloud is benefiting Microsoft, Amazon, Google
It is easy to rent access to computers for a monthly fees rather than buying them and maintaining them for a lifetime. Cloud has proved to be a profitable business for Microsoft, Amazon and Alphabet as large enterprises shift to… Read More ›
