Your Infopedia

ABOUT RBI(RESERVE BANK OF INDIA)

                         ABOUT RESERVE BANK OF INDIA(RBI) The Reserve Bank of India (RBI) is the central bank of India, which was established on April 1, 1935, under the Reserve Bank of India Act, 1934 The Central Office of the Reserve Bank was initially established in Calcutta but […]

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Public Sector Insurance Companies Merger : excess of 15,000 staff, Rs 3,000-crore savings

MarketBazar

February 16, 2018

Banking

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      According to a column published in The Indian Express, the budget proposal to combine 3 PSU general insurance may take a fast track process and is likely before the close of the next fiscal. Three state-owned insurance company UNITED INDIA INSURANCE(UII), NATIONAL INSURANCE COMPANY(NIC) and ORIENTAL INSURANCE COMPANY (OIC) create the largest general insurance company in the country.According […]

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Merger Of Public Sector Insurer on Fast Track..!!!

      On 1 February 2018 in budgetary speech, Finance Minister Arun Jaitley announced that the three state-owned insurance companies, National Insurance, Oriental Insurance and United India Insurance will be merged and subsequently will be listed on the exchanges.   Sources close to the development said that Finance minister met all the  CMD’s of above-mentioned companies […]

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Movers and Shakers of the Crypto World

The wild ride of cryptocurrencies in late 2017 took almost everyone by surprise. The mainstream economic institutions were aghast while the anarcho-capitalist movement for the first time in its history was so close to shaking the foundation of the international economic order. In order to grasp the significance of the cryptocurrencies and their meteoric rise, […]

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Crypto Vocabulary for the Beginners: Part I

Before going into a new country, it is considered common sense to know the local language. It is also beneficial from the financial point when enters to conduct business in a new market. The same rule applies also to crypto market. Like every other market, this market has its own vocabulary along with its own […]

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KEY HIGHLIGHTS OF UNION BUDGET 2018

MarketBazar

February 1, 2018

Finance

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FISCAL SITUATION The fiscal deficit is 3.5% of GDP at Rs 5.95 lakh crore in 2017-18. Projecting fiscal deficit to be 3.3% of GDP in the next 2018-19 fiscal The government estimates 7.2-7.5% GDP growth in second half of the current FY18. TAX  Personal income tax slabs remain unchanged. LTCG(long-term capital gain) tax introduced – […]

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FRDI BILL ANOTHER MOVE ON FINANCIAL REFORM

FINANCIAL RESOLUTION AND DEPOSIT INSURANCE (FRDI) BILL-2017 A bill tabled in Parliament recently — the Financial Resolution and Deposit Insurance (FRDI) Bill 2017.This bill is in news because of its “BAIL- IN” feature which gains too much controversy.While other aspects of the bill are equally important. The bill comes with IBC (Insolvency and Bankruptcy Code) to set […]

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RUSSIA BEST PLACE FOR CRYPTOCURRENCY MINERS

There’s an East Wind is Coming: Is this the rise of a new crypto Imperium? PREVIEW Arthur Conan Doyle used these iconic words to describe the German activities on the eve of I World War. This time, however, the wind is blowing from further east. The new Imperium is rising for the crypto miners. The […]

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MERGER OF PUBLIC SECTOR BANKS

MarketBazar

January 22, 2018

Finance

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In a recent announcement from the ministry of finance of government of India that this year too annual budget will be read in parliament on 1ST OF February 2018 after this, speculations over the announcement of the merger of PSBs may also be considered.FM jaitley had already given sign in past to merge these PSBs.And also made a committee […]

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SpaceX and Falcon Project: Why it matters?

PREVIEW In a random but remarkable YouTube video that I accidentally clicked upon, I came to realize that most people in LA have no idea who Elon Musk is. It was pretty revealing given the rock star status that he enjoys which is unprecedented for an innovator. So why is Elon Musk the most distinguishing […]

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