Monthly Archives: December 2016
Economic Impact of Demonetisation
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
RXIL – A SIDBI-NSE Initiative Receives Approval to Launch TReDS Exchange Platform
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
Startup Fundings Of The Week [28 November – 3 December 2016]
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
Meet these 5 senior professionals who quit their jobs and turned entrepreneurs
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
Demonitization of 500 and 1000 Rupess: War against unaccountable Wealth
On November 8, Prime Minister Narendra Modi announced 500 and 1,000 rupee banknotes would be withdrawn from circulation, replaced by new 500 and 2,000 rupee denomination notes, in a surprise demonetization move that caught most people off-guard.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
