The Union Budget 2020-21 did a fair job in terms of providing a balanced budget with focus on rural income and reviving the investment cycle in corporate India. One also has to take into consideration that the Budget comes under very difficult circumstances for the Government under the backdrop of slowing domestic as well as […]
Ganesha Ecosphere – one of India’s leading PET bottle recycler – recorded subdued set of Q2 Fiscal 2020 numbers. The revenue for the company dropped by 10% on-year basis, whereas the PAT increased by 17% on-year during the quarter aided by higher operating margins an lower financial costs. The company did not adopt the revised […]
‘Never catch a falling knife’ is a famous saying in stock markets which suggests that investors should never invest in companies witnessing rampant fall in share prices. However, it is seldom followed by retail investors (individual investors). More often than not, a steep fall in stock price is accompanied by an increase in ownership by […]
The Aarey forest verdict by Bombay High Court evoked very strong emotions on social media and rightly so. However, a very disturbing trend I see is the extremism and rhetoric which has been adopted by people to drive home their points. Right from, “This is the Acche Din BJP Government were talking about” to “Has any protestor travelled in […]
India’s Core Sector (Eight Infrastructure Industries) output registered a de-growth of 0.5% on-year basis in August 2019 further re-iterating the slowdown in the Indian Economy. The data however was not surprising given the impending slowdown in economy especially in real estate, automobile coupled with liquidity crunch (though the Industry Bodies and Government is telling us […]
The comment by our Finance Minister Nirmala Sitharaman on ‘millenial mindset’ leading to slowdown in automobile industry attracted lot of memes and criticism on social media. Most concluded that the statement showcased FMs ignorance on the understanding of Indian economy. However, cutting through the clutter and based on ground realities, does FM statement’s make for […]
The events post Union Budget 2019 has provided a blueprint on why the country desperately needs a very strong opposition to emerge. The stock market has been on a very shaky ground post Union Budget 2019. The S&P BSE Sensex and CNX Nifty dropped 4.5% and 4.8% respectively since July 3, 2019. Further, the S&P […]
Fund-raising by start-ups continued to remain vibrant during fiscal 2019 Trend in Capital raise in last three years Fund-raising across different sector during fiscal 2019 Fund-raising activities by major start-ups Jan-Dhan and Aadhar enabling financial inclusion and Direct Benefit Transfers ” The linking of mobile numbers with bank account numbers and subsequently Aadhaar, created a […]
Introduction: Direct Benefit Transfer The Direct Benefit Transfer (DBT) was implemented by the Government in January 2013 and has witnessed brisk implementation over last 6 years. The DBT involves transferring the subsidy amount directly to the beneficiaries without any requirement of Government offices to act as intermediaries. The same helps the Government in avoiding leakages […]
Advanced Enzyme Techologies is engaged in R&D, manufacturing and marketing of proprietary products developed from indigenous enzymes. What are Enzymes? Enzymes are natural protein molecules produced by all living organisms, functioning as highly specialized catalysts for accelerating the pace of chemical reactions. Enzymes are responsible for many essential biochemical reactions and metabolic processes in microorganisms, […]