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Continue reading →: What Is Interest Rate? Detailed and Types Of InterestInterest rate refers to the amount that a lender charges from the borrower over the amount borrowed. Interest rate play a huge factor in borrowing funds as they determine the cost a lender needs to bear. Higher interest rate means high cost which makes the transaction expensive. On a different…
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Continue reading →: What Is Trade Deficit | Definition, Advantages & Disadvantages
What is Trade Deficit? When a country’s net imports exceed net exports it is known as trade deficit or negative balance of trade is known as trade deficit. Balance of Trade accounts all types of goods and services exchanged between local & foreign traders. When the local residents demand more…
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Continue reading →: Good Investment for Beginners | Complete Guide |2024
Good Investment for Beginners As a beginner the ocean of investment looks too risky & vast, but in reality, investment is the only way to change the fortune and get a better life ahead in the current generation. Proper research & knowledge will help to dive into the ocean of…
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Continue reading →: History Of IRCTC | Origin to Multibagger StockHistory Of IRCTC Indian Railway Catering and Tourism (IRCTC) is a public owned company that operates under the administration of Indian Railways which handles the catering, tourism, and online ticketing operations business of Indian Railways. It was established on 27 September, 1999. On 3 August 2002, IRCTC launched its online…
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Continue reading →: Top 10 Biggest Companies In The World By Market Cap | 2024
World Economy has become more competitive in recent times, many companies are doing cut throat business for acquiring each other’s market, but still few big companies are maintaining their thrown in top 10 biggest companies in the world by market cap in 2024, Bill Gates established Microsoft has become most…
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Continue reading →: Taxation In India | 2024 UpdatesAny Government, either central or state level needs funds to run the economy and to fulfill their requirements like construction of roads & airports, pay salary to government employees, run welfare schemes for the public etc. So collection of tax from the public and business is the major part of…
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Continue reading →: History Of Indian Stock Market | Before & After Independence
History Of Indian Stock Market The Indian stock market is enjoying the boom period after the massive downfall during the Corona pandemic and reached the position of 5th largest stock market in the world. Investing in the stock market is so effortless these days, you can access and trade any…
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Continue reading →: What is Inflation? Reasons & SolutionsInflation refers to the increase in the average price of a bundle of goods & services over the period of one year. When the prices are increasing quickly that refers to high inflation and when prices are increasing with slow rate it refers to low inflation. Inflation can be contrast…
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Continue reading →: What Is Fiscal Policy? How it worksIn Fiscal Policy central government uses the government earning & taxation to stabilize the economy time to time by influencing macroeconomic factors like aggregate demands, employment, inflation & economic growth. To increase the economic growth & reduce the unemployment, the government either increase their public expenditures like constructing new roads,…
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Continue reading →: What is Monetary Policy ? How it worksMonetary policy is an important tool for the central bank to control the money supply in the economy to channelize the inflation or unemployment. It refers to the actions taken by the central bank, such as the Reserve Bank of India in India and Federal Reserve in the United States…
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