Monthly Archives: December 2016

In most emerging economies, an important driver of GDP growth is investment demand. In India, private sector investment has been sluggish for consecutive quarters over the last two years. The principal driver of GDP growth in India in recent times … Continue reading →

  Reserve Bank of India has on December 1, 2016 authorised Receivables Exchange of India Limited (RXIL) to launch India’s first trade receivables exchange platform – an online marketplace for MSMEs, Buyers and Financiers. RXIL has been promoted by SIDBI, … Continue reading →

Flipkart’s valuation took another beating as a mutual fund managed by Morgan Stanley slashed the value of its Flipkart shares by 38.2%. The recent markdown pegged its valuation at $5.54 Bn. Morgan Stanley, as of September 2016, has marked the … Continue reading →

The word ‘startup’ typically evokes images of young entrepreneurs brimming with adolescent enthusiasm intent on creating radically different businesses. But the bunch of entrepreneurs that ET features in this article are not your Average Startup Joes. They are actually experienced … Continue reading →

On November 8, Prime Minister Narendra Modi announced 500 and 1,000 rupee banknotes would be withdrawn from circulation, replaced by new 500 and 2,000 rupee denomination notes, in a surprise demonetization move that caught most people off-guard. India has never … Continue reading →