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…

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,…

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…

Greenvissage explains, How is residential status under FEMA different from Income Tax? The criteria to determine residential status in India is different under Income Tax from the same under the Foreign Exchange Management Act (FEMA), each law has its purposes. While the income tax law guides the taxation of global…