RBI Reduces Repo Rate

The RBI reduced the repo rate (at which RBI lends to banks) by 0.25% from 6.5 to 6.25%, on 7th February 2019. The first direct implication of the reduction in repo is that your EMIs are likely to become cheaper (only if you got your loan on a floating interest rate). RBI’s decision to reduce the repo rate by […]

Why Cheverolet Bid India Adieu.

General Motors has officially stopped selling cars in India on 31 December 2017, the company said. In a surprising development, GeneralMotors has announced that the company will stop selling all GM carsin India, including the current models under the Chevrolet brand.However, Chevrolet India will continue to offer after sales and servicesupport to existing customers, including vehicle […]

The story of Uber Eats

Uber Eats is a subsidiary of Uber. It is an American food ordering and delivery platform launched by Uber in 2014 and is based in San Francisco, California. Users can order food from restaurants on the website or using the app. It is currently operating in more than 250 cities. Uber currently uses drivers and […]

The Eurozone Debt Problem.

The European debt crisis ,also referred to as the eurozone crisis or the European sovereign debt crisis is a multi-year debt crisis which commenced by the end of the year 2009 in the European Union. The European debt crisis is the shorthand term for Europe’s struggle to pay the debts it has built up in […]

Life After IL&FS

The infrastructure financier IL&FS has caused severe liquidity crunch and anxiety in entire Non Banking Financial Company (NBFC) sector. “The market is worried. We’re trying to quell concerns of our lenders. We need corporates and Mutual Funds to fund our papers,” says the CEO of a mid-sized NBFC. NBFCs that are also holding companies for […]

Approach to Risk Assessment and Decision Making in Small Businesses

Every enterprise must, as part of its business activities, face certain risks that may lead to a reduction in the value of the organisation, its weakening or may even lead to its decline. Therefore, it is necessary to prevent these risks or minimise their impact. And with it […]

The SBI Essar Steel Saga

State Bank of India (SBI) has decided to sell its ₹15,431 crore loans in Essar steel as it could see a spurt in provisioning of bad loans and erosion in capital base. SBI has put Essar Steel’s stressed assets on the block, being annoyed over the inordinate delay in the on-going insolvency proceedings. Although the matter […]

Greece’s Debt management – Chain reaction to the Eurozone Crisis?

The Greek financial crisis was a series of debt crises that started with the global financial crisis of 2008. Its causes were largely endogenous in nature, however, because its source originated in mismanagement of the Greek economy and of government finances rather than exogenous international factors. Furthermore, Greece’s membership in the Eurozone prevented it from […]

India’s painted picture of the Human Capital Index

According to the world bank, Human Capital Index quantifies the contribution of health and education to the productivity of the next generation of workers. Countries can use it to assess how much income they are foregoing because of human capital gaps, and how much faster they can turn these losses into gains if they act […]

Vijay Mallya’s extradition to India.

Vijay Mallya once called the ‘King of Good Times’ due to his extravagant lifestyle, now known as one of the biggest loan defaulters in India facing charges of fraud and money laundering. Vijay Mallya is an Indian businessman and a former member of the Upper House (Rajya Sabha) of the Indian Parliament. The chairman of […]