Finance Minister Nirmala Sitharaman presented her first full-time budget today. This was also the first budget of the decade. This was the longest Budget speech of Independent India. Presenting the Union Budget 2020-21, the Finance Minister today unveiled a series of far-reaching reforms, aimed at energizing the Indian economy through a combination of short-term, medium-term, …
Category: Business and Finance
Jan 31
[Highlights] Economic Survey 2019-20
The Economic Survey 2019-20 was presented today, a day before the Union Budget. The Economic Survey 2019-20 has been prepared by the Chief Economic Advisor (CEA) Krishnamurthy V. Subramanian. The theme of Economic Survey 2019-20 is- “Enable markets, promote ‘pro-business’ policies and strengthen ‘trust’ in the economy“. The Survey taps into ancient texts like Kautilya’s …
Jul 05
[Analysis] Union Budget 2019-20
Today Finance Minister Nirmala Sitharaman tabled the first Union Budget of the NDA-2 government, headed by Prime Minister Narendra Modi. She is India’s first woman full-time finance minister to table the Union Budget in the Parliament. People were expecting that the FM will be hitting 4’s and 6’s in this budget, but she focussed on …
Jul 04
[Highlights] Economic Survey 2018-19
The Economic Survey 2018-19 was tabled in the Parliament today, a day before the Union Budget. This was the first Economic Survey of the NDA-2 government, headed by Prime Minister Narendra Modi. The Economic Survey (2018-19) has been prepared by the Chief Economic Advisor (CEA) Krishnamurthy V Subramanian. The Economic Survey is prepared on the …
Feb 11
[Analysis] Interim Union Budget 2019 – 2020
With just 2 months to go for LokSabha 2019 elections, The Union Government had tabled the Interim Budget for the Financial 2019 – 2020. The newly elected Government would present the full budget in the month of July. The proposals that were announced while reading out the budget are going to benefit nearly 57 crore …
Sep 30
Mutual Fund investment – A systematic approach to achieve your financial goals
Investment is a great option for wealth creation over time. Investors generate money by putting their ‘money to work’. They do so by investing in stocks, bonds, mutual funds, precious metals, real estates and business. Their objective is to buy those assets that increase in value to generate additional cash. Today, I am going to …
Sep 21
Safety of debit cards – How safe is yours ?
Most of us have debit cards and have used them at some point in time while transacting online or while withdrawing cash from ATMs. In the recent times, we have across news of stealing of debit card or card skimming etc. Before I discuss anything about the safety of debit cards, I would request you …
May 09
World’s largest eCommerce deal – Flipkart-Walmart Deal confirmed
The much-awaited Flipkart-Walmart deal is now official. US retail giant Walmart has picked up 77 percent stake in Flipkart for $16 billion, valuing it at $20 billion. With this move, it becomes the world’s largest retail deal. The Flipkart-Walmart investment also includes $2 billion of new equity funding. While the remaining stake will be held …
Apr 16
[Analysis] The Flipkart Deal – Is it going to be Flipkart-Walmart or Flipkart-Amazon ?
India’s most valued startup and largest eCommerce player, Flipkart, currently valued at $12 billion, is already in the news for sometime regarding the ‘Flipkart-Walmart’ deal. Flipkart was founded in 2007 by former Amazon employees, Binny Bansal and Sachin Bansal (not related). As per various Media reports, Walmart, world’s largest offline retailer is interested to purchase …