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Category archives: Business

How To Save Your Computer From Ransomware Attack?

The recent ransomware/virus attack scare created quite a lot of fear across a cross section of internet users the world over. It even resulted in significant revenue loss for many organisations. But the point is can you safeguard your systems from these kind of virus in anyway? The good news is yes you can. Updated Software: One of the biggest reasons for these attacks is the lack of appropriate protection. […]

Born In A Slum, This High School Dropout Is Now A Billionaire

The man behind South Korea’s biggest initial public offering in seven years has charted an unlikely path in a country dominated by family-run conglomerates. A high school dropout born in a textile factory slum, Bang Jun-hyuk has used a hard-charging attitude to grow Netmarble Games Corp. into a gaming giant, winning fans and critics along the way. Its shares debut Friday after an IPO that raised 2.66 trillion won ($2.3 […]

How The GST Tax System Will Benefit You

Goods and Services Tax (GST), the new direct tax system which the government plans to roll out from July 1, 2017 will make India one unified market and will bundle various state and central taxes under it. GST will be a single tax on the supply of goods and services, right from the manufacturer to the consumer. Under GST, credit of input taxes paid at each stage will be available […]

Scrap all production subsidies: NITI Aayog's Bibek Debroy

After kicking up a storm by contending that farm income beyond a certain threshold should be taxed, NITI Aayog Member Bibek Debroy has now said that all production subsidies should be scrapped. Debroy said that even on the consumption side, subsidies should only be given to ‘unambiguously targeted individual prospects’. “My personal view is that on the production side, there should be no subsidies whatsoever. We (should) improve the business […]

Baba Ramdev to launch fast food chain to take on KFC, McDonald's

Baba Ramdev is planning to launch a fast food chain in a bid to take on MNCs like  KFC, McDonald’s and Subway, as per a news paper report. A Times of India report said that Ramdev is planning to launching a quick service restaurant (QSR) chain across the country that will offer 400 recipes. “We will not divide our menu into North Indian and South Indian,” Ramdev told TOI. We […]

Ban Facebook, Google in India: Sunil Mittal's radical suggestion to counter H1B visa restrictions

“You can’t have (a situation) that on one hand and you have 200 million customers on Facebook, 150 million on WhatsApp, 100 million people on Google… Would we say we don’t want FaceBook (and) Google to operate in India, we have homegrown apps,” Sunil Mittal said. As the US under President Donald Trump turns more protectionist, telecom czar Sunil Bharti Mittal asked if India should say no to Facebook and […]

Misconceptions and facts about meat consumption

Muslims are assumed to be the largest consumers of meat while the fact is that Christians and Jews are the highest meat consumer communities. The world’s largest beef meat exporter country is Brazil followed by India,Australia, USA and UK. When we see this matter in an Indian perspective we would be surprised to know that out of six largest meat exporters of India three are Hindu owned. In several cases […]

ATMs run dry: With cash withdrawals at pre-demonetisation levels, is Modi's digitisation drive facing hurdle?

Withdrawing money from bank ATMs is becoming increasingly difficult for scores of people across the country in recent times, according to reports. This, even after total curbs were removed by the government in March post the demonstisation exercise. Several ATMs continue to dispense little or no cash. The propensity is to display ‘no cash’ signs more frequently on ATM monitors. So, what is the reason for this cash crunch in […]

Raghuram Rajan Warns Of 'Policy Uncertainty' For World Economy

Former RBI governor Raghuram Rajan on Thursday warned of “policy uncertainty” for the world economy due to there being a “bunch of new leaders” who need to prove they are strong, even as he exuded confidence about all large economies doing well. Without specifically mentioning India, Dr Rajan, who is among the few to have predicted the 2008 global financial crisis, said, “This is the first time in a long […]

Digital banking and its 4 BIG issues

Prime Minister Narendra Modi’s ambitious vision is to see all transactions done through banks and that too digitally. There have been many steps to discourage cash transactions and promote digital banking transactions. Stories of chaiwalas and paanwalas accepting their small amounts through digital mode were common during the note ban. There is a huge surge in transactions done through debit cards, credit cards, e-wallets and apps developed by the government, […]