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 665 private banks failed and people lost faith in the country’s banking system. Thus, the government had to bridge the gap. Today, 50…

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 situation. However, firstly let’s understand the problems with India’s farming model. Indian Farming is largely dependent on the monsoon. When the monsoons aren’t…

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 goods, petroleum products, jewellery and chemicals – the top five Indian exports – are set to make the most from the sharp decline…

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 past 12 months. The outstanding liquidity surplus has fallen from INR 4.3 lakh crore to INR 3.3 lakh crore in merely two weeks,…

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 oil prices. Tarun Bajaj, Revenue Secretary, has said that the windfall tax will be re-evaluated on a fortnight basis, based on foreign currency…

Greenvissage explains, why is Holcim exiting India and what it means for Cement prices? Holcim India has announced to exit India. Its decision has surprised the industry as it formed more than 20% of the national capacity and sales volumes. Besides, amongst geographies, India also makes up 23% of the…

Greenvissage explains, how influencers earn from social media platforms? Creators earn through monetized content, affiliate marketing, merchandise, branded content, and platform-based revenue or in-video ads. Besides, social media influencers are also being introduced to new avenues of monetization. Micro-influencers (between 1,000 and 10,000 followers) earn an average of USD 1,420…