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What is Angel tax?
Angel tax is the income tax that unlisted companies or start-ups are liable to pay on a capital raised through issue of shares, in this...

Kalyan Jewellers IPO
INTRODUCTION TO THE COMPANY This is one of the most anticipated IPOs of the year 2021 as the last IPO related to jewellery was that of PC...

RELIANCE – AMAZON $20 BILLION DEAL
This deal between the two companies, is still in the negotiating stage and hasn’t been finalized yet, as mentioned by Bloomberg....

CHOOSING MUTUAL FUNDS TO INVEST IN
Before we get into how to choose a mutual fund to invest in, we need to understand what a mutual fund is and a few basic terms regarding...

INDIA’S WAR CHEST TO BATTLE BAD LOANS.
As we all know, the Indian banking sector has been dealing with a huge problem of NPA’s (Non-Performing Assets) for a long time now. It...

RBI TRANFERS ₹57128 CRORE DIVIDEND TO THE CENTRAL GOVERNMENT
On the 14th of August, RBI approved a dividend of ₹57128 crores, under the guidance of the governor of the RBI, Mr. Shaktikanta Das. The...

UK ECONOMIC RECESSION 2020
Britain’s economy shrank by a record 20.4% in the second quarter of the year. The biggest slump has been recorded between April and June...

INDIA’S FISCAL DEFICIT REACHES 83% IN THE FIRST 3 MONTHS OF FY-2020
What is a fiscal deficit? Fiscal deficit is the difference between the total revenue and total expenditure of the government. For...

INDIA’S $513.25 BILLION FOREX RESERVES
Currently India is 5th on the list of the world’s largest foreign exchange reserves, after China, Japan, Switzerland and Russia. The...

Indian Gas Exchange
The Indian Gas Exchange or IGX is a digital trading platform that will allow all buyers and sellers of natural gas to trade both in the...
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