[Economy] Steps taken by Indian Government to enhance the Capital Market?

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Before talking about the steps taken by Government to strengthen / improve the Capital Market, million dollar question is, what is Capital market? Ans- already explained in my earlier articles. Now here is the list of reforms initiated for Capital Market. Anyways, to put this in crude words, Capital market is a place where companies and Governments borrow money from … Read More

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[Economy] Excise Duty on Gold in Budget 2012: Reasons and Implications, Why Jewelers are protesting?

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In the union budget 2012, government increased the tax on gold jewelry, and the Jewelers all over India have gone on strike. They’re agitating and protesting and demanding for the withdrawal of these taxes. Budget provision [email protected] Rupee weakens due to Gold obsession Why Indians consume Gold? #1: Financial Inclusion #2: Safe and Liquid Asset Better return on investment Profit … Read More

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[Economy] Vodafone Essar Case: Capital Gains Tax Meaning, Reasons, Timeline, Implications, explained

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Before venturing into Vodafone Essar Court Case, Let’s start with the basics Some information may be technically incorrect / outdated. This article is for illustration and understanding purpose only and not for writing the actual answers in your exam. Two type of taxes. What is capital gains tax? Who pays the Capital Gains Tax? Players in the Vodafone Case Timeline … Read More

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[Economy] QFI (Qualified Foreign Investor) vs FII, Need, Implication, Currency Depreciation, Demat Account and more (Story of Forex continues)

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The Technically incorrect Story of Forex continues with new topics : FII, QFI (Qualified Foreign Investors), Demat, PAN card and more What is FII, Why did Rupee weaken against Dollar. Why did QFI come? Story of Foreign Institutional Investor (FII) Serious Note on FII QFI: Qualified Foreign Investor Demat account? What is Depository? What is Depository Participants (DP)? Trading account … Read More

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[Economy Q] SENSEX calculation

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Before venturing into SENSEX calculation, lets refresh basic concepts of Index calculation, that we saw in WPI calculation Suppose Price of a Lifebouy soap was Rs.10 in 2001. And now it has increased to Rs.12 per bar. We take 2001 as our base year. We take Rs. 10 as our base price. Then our index for 2001, = Price of … Read More

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[Economy] A story of Forex, currency conversion, rupee depreciation, inflation, subsidies etc.

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Again in the fond memories of Dev Anand. I’m writing this story so that the newcomers can get some idea about Forex, currency conversion, rupee depreciation, inflation, subsidies etc. (caution : full of technically not-so-correct examples, just to give you a broad idea of what ails Indian economy) Ok here it goes….. Investor: Faith won and lost Enter an American … Read More

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[Economy] 3 Methods of calculating GDP

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Got this question from mail, what are these income,production and expenditure methods in calulating GDP?how do terms like NNP, NDP, GNP,GDP,NNPFC,NNPMP DIFFER FROM EACH OTHER. what is difference between gdp at constant prices and current prices. its very confusing I’ll deal with each question in one post. First, lets refresh the concepts again. GDP (Gross Domestic Product) means, Money value of … Read More

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