GDP Outlook: A report by CRISIL

GDP: Demonetisation pain, GST anxiety to the fore (A report by CRISIL Ltd) The Central Statistical Office (CSO) released quarterly estimates of GDP for first quarter of current fiscal. Crucially, the government has also revised down gross value added (GVA) growth for the fourth quarter of last fiscal by 50 basis points (bps) to 5.6%, suggesting that the impact of demonetisation on the economy was more than earlier estimated. In the first quarter, real...

Read More

Margin Trading and Types of Margins

Before we begin with different types of margins, let us look back at what margin trading is. Suppose I is an investor and B is a Broker. I is extremely sure of an investment strategy that he has developed. But due to the limited capital, his gains are limited. So, he goes to his broker B and says that I have 10$ but I would like to invest worth 100$. Would you like to provide me with the remaining 90? B says, that he is willing to provide the same but he...

Read More

Primary Market: Basic Concepts

Primary Market: Basic Concepts Primary Markets are where firms issue new shares or bonds to the public for the first time. The primary market is where the IPO (Initial Public Offering) of shares takes place. The primary market also facilitates bond offerings for both – public sector and private sector companies. Issues made by a company can be classified into different types. Given below are the different types of issues: Initial Public Offering (IPO) When an...

Read More

Bitcoin: The New Age Digital Currency

As of 25 June 2017 and growing there were more than 900 crypto currencies available over the internet. New crypto currency can be created any time. By market capitalization, Bitcoin is currently the largest blockchain network, followed by Ethereum, Ripple and Litecoin. What is Bitcoin? Bitcoin is a consensus network that enables a new payment system and completely digital money. It is the first decentralized peer-to-peer payment network that is powered...

Read More

The Blockchain Technology

            What is Blockchain Technology? Before we talk about Blockchain it is important to know the role intermediaries play in economy. Intermediaries like banks and government facilitate the transaction of goods and services by creating trust...

Read More

The Future of Payments Banks

Navi Mumbai based FINO PayTech Ltd. recently launched the FINO Payments Bank, which is the newest entrant in the space after Airtel, India Post and Paytm. FINO was one of the original 11 applicants which were issued an in-principle approval by the RBI for setting up a payments bank back in 2015. Paytm has also launched its Payments Bank in May 2017 offering an interest rate of 4%. What are Payments Banks? Payments banks - a new banking model proposed...

Read More

Participatory Notes: A Convenience or a Threat

Participatory Notes: A Convenience or a Threat Remember the auction scenes depicted in the cinematic world where the bidder bids for some undisclosed third party? Ring a bell? What could be the purpose of such an activity? Well, such indirect participation is to bypass the formalities of registration with the regulating authority and obviously to maintain the anonymity of the participation. So if the overseas investors want to invest in the Indian stock...

Read More