Introduction The business of second-hand goods has grown exponentially over the past few decades. This is the result of the participation of large organised corporates, as against the traditional times when the industry usually consisted of unorganised dealers. Goods such as used cars, vehicles, mobile phones, televisions, laptops, watch, handbags,…

Background Amazon, Airbnb, Blinkit, BlueStacks, BYJU’S, Cars24, Cineplex, CityMall, Clear, Coinbase, Conde Nast, DiDi, Ford, Furlenco, HP, Klarna, Lido Learning, Meesho, Meta, MFine, Microsoft, Netflix, Noom, OkCredit, Peloton, Primark, Robinhood, Royal Mail, Rupeek, Spotify, Shopify, Tesco, Tesla, TikTok, Trell, Twitter, Uber, Udaan, Unacademy, Vedantu, Walmart, Zomato, Zillow – This is…

How is the value of currency derived? Currencies are traded in Foreign Exchange Markets, a global decentralized market for currencies. Simply put, one currency is traded against another currency at a particular rate. This rate at which currencies are traded is known as Currency Exchange Rate. The exchange rate does…

What is SME exchange? ‘SME Exchanges’ are trading platforms of recognised stock exchanges that have nationwide trading terminals permitted by the Securities Exchange Board of India (SEBI) to list specified securities following Chapter IX of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. It does not include the main…

Background A few weeks ago, the bankrupt Lehman Brothers which triggered a global financial crisis, concluded their liquidation, 14 years after the 2008 crisis. The company’s 1.1 lakh customers, secured and unsecured creditors were paid USD 115 billion in a settlement. The company was United States’ fourth-largest investment bank in…

New ODI Regulations Framework On August 22, the Reserve Bank of India (RBI) came up with a new set of Overseas Direct Investment (ODI) Regulations to simplify the existing regulations and realign them to the current business and economic dynamics. RBI has effectively combined the erstwhile FEMA (Transfer or Issue…

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 for doing business in India. With the induction of technology over the next few decades post-liberalization, India grew faster than most economies in…

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 using the services of the Enforcement Directorate in numerous cases. The number of raids by this particular law enforcement agency has increased as…