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2015

Payment Banks

  • Recently RBI awarded payment bank license to 11 entities including business heavy weights like Reliance Industries, Aditya Birla Nuvo, Tech Mahindra, Vodafone, Airtel. All are betting big for this new concept called payment bank.

What is Payment Banks ?

  • Payment Bank is a new type of bank which is expected to reach customers mainly through their mobile phones rather than traditional bank branches.

2015

How to Convert Facebook Profile Into A Business Page

  • The method is very simple as there will be no need to individually invite all your friends to like your page when you convert the Facebook profile into the page. So just follow up some of simple steps below to proceed.

Before migration:

  • First, let me back up and explain. You need to download your Facebook profile information because not everything will move to your new business Page when the conversion is completed. The only items transferred over will be your current profile picture and your current friends and subscribers (who will be converted to Likes). You’ll also keep your current username.

2015

Greece Sovereign Debt Crisis

What is sovereign debt crisis?

  • A sovereign debt crisis is generally defined as economic and financial problems caused by the inability of a country to pay its public debt. This usually happens when a country reaches critical high debt levels and suffers from low economic growth.
  • On 30th June 2015 Greece missed its deadline to repay the International Monetary Fund 1.6 billion euros ($1.7 billion) and hence triggered sovereign debt crisis.

2015

Impact of GST on Indian Economy

  • According to a report by the National Council of Applied Economic Research, GST is expected to increase economic growth by between 0.9 per cent and 1.7 per cent.

Impact on Industry & Business

  • Indian manufacturing sector considered as one of the highly taxed sectors in the world. GST would eliminate complexities in the present taxation structure and remove cascading effect which ultimately results in lower production cost. Service Section will also get benefited because of seamless availability of tax credit.

2015
 

14 Facts That Will Make You Feel Proud To Be An Indian

  • India is a land of diversity.
  • We are home to more than a hundred different languages and have a history that goes back thousands of years.
  • Over the period, we have made discoveries that have changed the course of the world’s history.
  • Here’s a small reminder of why India is special.

Dr_APJ_Abdul_Kalam

2015
  • When disaster strikes, it is best to be prepared. Protection is the key when faced with danger, and life insurance policy acts as a shield that keeps the harm and loss at bay.
life-insurance
 

How to find optimum sum assured

  • Given that it is used by people to not only protect themselves but also their belongings and loved ones, how does one decide that a particular level of insurance, especially life insurance would be enough?

Financial Management