Greenvissage explains, Why do billionaires have family offices? Bill Gates is one of the largest private farmland owners in the United States. Yes, Bill Gates, the co-founder of Microsoft, owns almost 3 lakh acres of farmland and nearly all of this was purchased after 2010. In the context of land…

Greenvissage explains, Is a critical illness plan a better option than independent health insurance? Life insurance policies offer a variety of riders or simply add-ons which can be helpful if understood properly. However, most insurance agents focus on selling the policy rather than explaining the same. Hence, people are often…

Greenvissage explains, What are sum assured and sum insured in an insurance policy? Life insurance policies make a big difference in one’s long-term financial planning. The insurance policy is a contract between the policyholder and the insurance company which guarantees a certain amount to the insured person’s family, in the…

Greenvissage explains, Why are exporters opting for paying IGST instead of claiming GST refunds? A merchant exporter is a trader who procures goods from the domestic market and exports overseas with the motive of earning profits. For such traders, the inward supplies or purchases carry a GST levy which can…

Greenvissage explains, Why is OPEC reducing oil production? Once again, the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, together known as OPEC+, the world’s largest oil-producing countries, have collectively decided to cut oil production by 2 million barrels per day, the largest cut since the beginning of…

Greenvissage explains, What is Moonlighting and why is it becoming a concern for the IT industry? Post-pandemic, most employers have provided employees with an option to work from home. Working from home has allowed employees to stay safe and healthy while managing their personal life and career from the comfort…

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…

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 by three companies – Rogers, BCE Inc and Telus Corp. The recent outage was caused by Rogers Communications, one of the big three…

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…