Business

Ashneer Grover

“Taxpayers Are Doing Charity in the Country?” – Ashneer Grover

In a recent viral video statement by shark tank judge Ashneer Grover has triggered on the internet slamming the government’s tax policy. He believes the tax policy of the government to be too much asymmetrical with the earnings of the taxpayers.  Grover, the previously serving CEO of Bharatpe, referred to the government tax policy as …

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RBI Monetary Policy

Key Takeaways of the RBI’s New Monetary Policy FY-23

Recently the RBI monetary policy committee (MPC) announced a very crucial update about the upcoming FY24 GDP growth. After a bench headed by the governor Shaktikanta Das in the second monthly monetary policy meeting it decided that, the repo rate would be unchanged at 6.5%. The members of the meeting decided to vote for a …

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Bajaj Finserv Launches India's 43rd AMC with 16,000 MFDs

MF Industry’s Newest Player-Bajaj Finserv Launches India’s 43rd AMC with 16,000 MFDs

With India’s first Pune-headquartered fund house, Bajaj Finserv AMC is launched with a premier network distribution over 16,000 partners on June 6. As per CEO of Bajaj Finserv MF, Ganesh Mohan, “We are committed to being a full-stack financial solutions provider to meet India’s growing needs and building deeper, long term relations with customers who …

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Indian Startup Valuations

Breaking News: Indian Startup Valuations Slashed by Global Investors

In a major blow to the Indian startup ecosystem, global investors have significantly reduced the valuations of several promising startups that have brought about new change in the economy of India. This unexpected move has sent shockwaves through the industry, raising concerns about the future of India’s burgeoning start-up scene. Asset management companies (AMCs) from …

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What is EBITDA

Insights into EBITDA: Expanding Profitability Beyond Tradition

In the current scenario of the business world, profitability is the ultimate measure of success. Entrepreneurs and investors continuously seek new ways to assess and enhance a company’s financial performance. One such metric that has gained significant attention in recent years is the EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). While traditional EBITDA analysis …

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RBI Governor Shaktikanta Das

RBI Governor Shaktikanta Das Reacts to the Withdrawal of ₹2,000 Notes

Recently in a press meeting, the RBI ( Reserve Bank of India) Governor Shaktikanta Das explained about withdrawing RS. 2000 notes from currency. “The decision to withdraw these currency notes was taken as there were enough notes of other denominations now. We have more than adequate quantity of printed notes available in the system” – …

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₹2000 Denomination Banknotes

₹2000 Denomination Banknotes – Bid Farewell to the 2000 Notes as RBI Set a Deadline for Exchange by September 30

In an overnight move, the Reserve Bank of India (RBI) has announced the withdrawal of the ₹2000 rupees notes from circulation. But, it is also significant to know that these banknotes will continue to hold status as legal tender. Let’s dive into the details of this decision and its implications for the public. The RBI’s …

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