Background India has always been a huge market, thanks to the billion-plus population. When India opened to the world in 1991, multinational conglomerates saw a huge opportunity..
Year: 2022
Is the privatisation of public sector banks the right way forward?
Almost 50 years ago, India nationalized 14 commercial banks in the country, an extraordinary move, a historic event of its own. From 1947 to 1969, a whopping..
Has the Government achieved its target of doubling the farmers’ income?
In 2016, Prime Minister Narendra Modi promised that the Government aims to double the farmers’ income by 2022. It’s 2022 and a fair time to evaluate the..
What caused the massive nationwide internet outage in Canada?
A massive nationwide internet outage hit Canada recently caused primarily because of a maintenance update core network. 90% of the telecom market share in Canada is controlled..
How a weaker rupee is a jackpot for the Indian exporters?
While the weakening rupee is disheartening Indian merchants, and also students who are looking to fly abroad, Indian exporters are celebrating the same. Exporters of textile, engineering..
What is Enforcement Directorate (ED) and what does it do?
Background The Enforcement Directorate (ED) has been in the news these days more than the crime and criminals. The Government under its current regime has been extensively..
Why RBI permitted Trade Settlements in INR, explained.
Background When Russia first attacked Ukraine this year, countries across the world chose to sever ties with Russia. Russia was left alone and couldn’t engage in trade..
Section 194R – A Brief Analysis of New TDS Compliance
Introduction of of New TDS Compliance Many companies often transfer benefits arising out of sales or services directly to their agents. It is a common practice for..
Greenvissage explains – July 2022 edition
Greenvissage explains, why are corporate borrowing becoming a concern amid inflation? According to the CareEdge report, bank credit has increased by INR 14.1 lakh crore over the..
Windfall Tax – The Government’s Robinhood Act
Windfall Tax Introduction The government has imposed a windfall tax on domestic oil producers. Oil producers have recorded steep revenues in recent months amid record-high international crude..