On 24th March 2020 almost all economic activities in India, broadly covering manufacturing, services and agriculture witnessed an unprecedented stand still, just after the announcement of complete nationwide lockdown. It was all together a mixed feeling seeing all religious places shut the doors for public, educational institutions closed, aircrafts...
The direct tax in India was introduced in first Union Budget on 07April 1860 by Sir James Wilson. Initially it was divided into four schedules viz., Income from landed property, Income from professions and trades, Income from Securities and Income from salaries and Pensions. In Present Income Tax...
” You may not realize it, but artificial intelligence is all around us .” – Judy Woodruff, American writer and journalist. In the early period of 21st century, no one could have even imagined of an account opening or credit offtake in one`s fist, with...
There was a time when people used to seek permanent jobs. Of late a new workforce culture has evolved namely gig economy where both the job seeker and employer mutually agree for a short term contract. The gig economy comprises of part-time workers and freelancers constituting a labour...
Insurance business in India has its roots 150 years deep with establishment of Oriental Life Insurance Company in Kolkata in 1818. LIC was established in 1956 whereas General Insurance Corporation was established in 1971 and commenced its business in 1971. There are basically two types of insurance...
Internet of Things (IoT) is simply explained as a network of Internet connected devices which are installed on and are able to control mechanical, electrical and electronic equipments. They have the capacity to make things viable which many of us have only daydreamed about. To have a better...
Blockchain and Bitcoin are twins is a fact that is known to a very few, later being the buzzword of recent past and former is the technology behind. Satoshi Nakamoto the pseudonym behind the origin of Blockchain Technology, remains incognito as to whether he is a particular person or...
INTRODUCTION: World has experienced a lot of jerks after the spread of COVID – 19. It has adversely impacted all the sectors. MSMEs have also been badly affected by this pandemic. But MSMEs (Micro, Small & Medium Enterprises) have always proved as the growth engine of any economy...
Goldilocks and the three bears is a popular English fairy tale. In the story Goldilocks is offered three cup of porridges. The one which is accepted is one which is neither hot, neither cold but just the perfect temperature. It is widely believed that Indian economy is all set...
Sustainable finance has always been a grey area for Indian economy till 2008. RBI in 2008 came up with one circular highlighting the need of connecting the finance to social and environmental issues. The motive of RBI’s efforts was to raise awareness in the banking fraternity to promote sustainable...