Bharat Bond ETF, India’s first corporate bond ETF recently hit the market. What is it? How does it work? This article explains in a simplified manner. Exchange-Traded Fund(ETF)- What is it? ETF is a security that tracks the performance of an index, a commodity or a basket of assets. [Read: Decoding Bharat 22 ETF] For …
Bharat Bond ETF: India’s First Corporate Bond ETF- Explained Read More »
In October 2019, India moved up 14 spots to 63 on World Bank’s Ease of Doing Business (EDB) rankings. This was perceived as a huge positive for the economy amidst a record slowdown. What remained hidden though, was India’s rank in ‘Commercial Contract Enforceability’(one of the criteria for EDB). It remained at a rather appalling …
India’s Finance Minister, on 2nd December, announced that 78% of PMC Bank depositors can withdraw their entire deposits. Though the annual withdrawal limit of Rs 50,000 imposed earlier still continues, most small depositors have been taken care of through this announcement. This comes in the backdrop of yet another bank scam which was unearthed in …
PMC Bank Scam: Everything You Need to Know about it Read More »
The Sensex hit a lifetime high of 41,000 recently while Nifty soared past 12100. But, the economy is in a state of slowdown with the GDP growth rate at a 6-year low of 4.5 %. [Read: What is the Reason for the Economic Slowdown in India?] This appears to be counter-intuitive prima facie since the …
Why is Sensex Rising while the Economy is in Slowdown? Read More »
The Government has decided to put Air India on sale again after a failed attempt at strategic disinvestment last year. [ You may also read: Govt. approves strategic disinvestment in 5 PSUs- Explained] According to the country’s aviation minister, Air India will have to shut down its operations if the renewed attempt to find a …
Air India Privatisation : Why it should be done? Read More »