Globally, Small and Medium Enterprises (SMEs) have emerged as the growth engine of the economy. According to World Bank, the SME sector represent about 90 percent of the businesses and more than 50 percent of employment globally. In India, SMEs are classified into Micro, Small, and Medium enterprises (MSMEs). Micro – Enterprises with investments of …
Category: Business and Finance
Oct 10
Credit Report : How to improve your credit score?
Shubho Maha Panchami! Wishing everyone a Happy and Safe Durga Pujo. May Devi Maa Durga bless you with health, happiness, and prosperity. Phew! The last few weeks have been a roller coaster ride for me. After posting my last video on the stock market, a lot of you have enquired about my health. I couldn’t …
May 14
How to trade during a consolidation phase?
On 15th February 2021, the Nifty50 was trading at 15,200 levels. That morning I made a video and said that Nifty50 is not ready to correct before hitting 15,450. The next day, the index made a high of 15,431.75, and from there it started correcting. From the past three months, Nifty is moving within a …
Feb 01
[Highlights] Union Budget 2021-22
Finance Minister Nirmala Sitharaman presented her second full-time budget today. Presenting the first ever digital Union Budget, the Finance Minister stated that India’s fight against COVID-19 continues into 2021 and that this moment in history, when the political, economic, and strategic relations in the post-COVID world are changing, is the dawn of a new era …
Jan 29
[Highlights] Economic Survey 2020-21
The Economic Survey 2020-21 was presented today, a day before the Union Budget. The Economic Survey 2020-21 has been prepared by the Chief Economic Advisor (CEA) Krishnamurthy V. Subramanian. The theme of Economic Survey 2019-20 is- #SavingLivesAndLivelihoods and #VshapedRecovery. This year’s survey is dedicated to all COVID Warriors who upheld India. The cover also captures …
Dec 21
Franklin Templeton e-voting: What it means for investors?
The Supreme Court on December 3, ’20 issued an interim order allowing the Trustee of Franklin Templeton to conduct the e-voting process for winding up the six debt mutual fund schemes. The court further directed market regulator SEBI to appoint an observer to oversee the voting exercise. The results of this vote along with the …
Jun 04
Franklin Templeton announces dates for e-voting: Things you need to know
Franklin Templeton is going to conduct the e-voting process for winding up the six debt mutual fund schemes. The company can start monetising the assets and begin the winding-up process after receiving approval from the investors. The trustees of Franklin Templeton have partnered with K Fintech to conduct the electronic voting process, and unitholders meet. …
May 22
RBI cuts repo rate by 40 bps to 4%, extends loan moratorium till August 31
In a bid to address the economic concerns due to COVID-19, the Reserve Bank of India (RBI) Governor Shaktikanta Das today cut the repo rate by 40 bps to 4% and also extended the moratorium on term loans till August 31. The Monetary Policy Committee (MPC) voted in the ratio of 5:1 in favour of …