COVID-19 has single-handedly brought the global economy to its knees. As economies were beginning to recover from the shock and impact of the 1st wave, the 2nd wave broke out in India. Amidst such a chaotic situation, it is normal for businesses to feel helpless. Many experts are of the opinion that in terms of…
Category: Economy
Will The COVID-19 Vaccine Help Recover The Indian Economy?
The disruption that the pandemic has ushered in requires no explanation, as one can find its direct repercussion in the form of a massive global financial contraction. Amidst these uncertain times, wherein India has rolled out vaccination in a phase-wise manner coupled with Union Budget providing the right growth impetus – the question resounding is…
A Comparison Between The Great Lockdown & The Great Depression
During early 2020, when markets were looking for recovery signs from the trade wars, decreasing consumer demand, and slumping commodity prices, the world woke up to a pandemic outbreak that challenged the global status quo. Fast forward to May 2020; the COVID-19 outbreak has compelled the world to embrace social distancing, putting the global economy…
The Facebook-Jio Deal – The Largest Foreign Direct Investment Amidst A Pandemic
Amidst the pandemic outbreak, when the world is facing an economic downturn, Facebook, the social media giant invested $5.7 billion (Rs. 43,573Cr) for a 9.99% stake in Reliance Jio Platform, one of India’s biggest telecom operators. The deal has made Facebook the largest minority stakeholder of Reliance Jio and is perceived as a powerful partnership…
Coronavirus Outbreak: Understanding the Impact of Volatility On Investors
The spread of coronavirus across the globe has been the talk of the town, but its repercussions have been felt on economies and largely on investments across the world. Read to understand the impact of market volatility. The coronavirus pandemic has brought the world at a standstill, and its tremor is felt across the global…
Reasons Why NRIs Should Invest In India
India is among the few nations which have been projected as one of world’s upcoming economic powerhouse. As per a PwC report, India is expected to be the second-largest economy in the world by 2050. This implies that investing in India stands as a lucrative option for investors. For any NRIs, it is critical to…
Tracing The Journey Of India’s Leading Steel Producer With KredX
With revenue of INR 3000+ crores (US$440 million), this steel mammoth is a leading manufacturer and producer of stainless steel, stainless steel billets, alloy steel, and an exporter of hot rolled bars. Being one of the largest manufacturers of gantry crane with monobox girder and underslung trolley in India, the company supports a large client…
KredX Feature Enhancements – Q4 FY 18-19
At KredX, we focus on our underlying technology to improve user experience on the platform. Customer feedback is our primary source of learning and we have been continuously working to further improve the platform experience. Here is a look at the latest KredX feature updates introduced for the benefit of our valuable investors from the…
IL&FS Crisis: Halting The Growth Of Indian Economy
India’s shadow bank industry is on the brink of a perfect storm situation. Courtesy, the massive fallout of the Infrastructure Leasing & Financial Services (IL&FS), one of India’s biggest shadow lenders. The company started crumbling like a house of cards following a series of defaults, sending shockwaves to the credit market. It shoved off Rs…
Affordable Housing Projects for the Economically Weak
As far as property is concerned, renting and buying has a fair share of proponents as well as critics. The arguments fit the narrative depending on what you are looking for. There are a fair share of negatives attached to buying a living space and the same could be said for renting one. The important…