FinClub is pleased to welcome its new PGP1 Members: A.S.Shoaibuddin Ahmed Abhinav Gupta Abhishek Verma Kunal Agarwal Ajit Burad Anish Kedia Bhavya Jaitly Gaurav Teltia Aditya Malla Manoj Payardha Mayank Mishra Nikhil Kumar Nitin Sahai Paulson Paul M Prateek Agrawal Sahil Ahuja Santosh Kumar Sarat Kumar Sattiraju Varun Sarawagi Sishir Kolli Smit Rastogi Tejvansh Singh  [ Read More ]

The idea of writing this article came to me when I was in Ahmadabad, the capital city of Gujarat. Apart from the Gujarati splendour what I witnessed was a quite different type of business lingo. The bosses and the sirs were replaced by bhaiyaa, bhai or even pappa. Even though the firm that I worked  [ Read More ]

Introduction: In a meeting held on Friday, June 25, 2010, the Empowered Group of Ministers (EGoM) took a major policy decision on the country’s retail fuel pricing. After long deliberation for more than a year, the EGoM has freed the price of petrol from the government’s control. This was indeed a path-breaking decision. India relies  [ Read More ]

The Indian Equity Market or the Indian Stock Market is the third biggest market in Asia after China and Hong Kong. It has a market capitalization of nearly $600 billion. As of March 2009, the market capitalization was around $598.3 billion (Rs 30.13 lakh crore) which is one-tenth of the combined valuation of the Asia  [ Read More ]

Capital Account (Wikipedia definition): In Macroeconomics and international finance, the capital account (also known as financial account) is one of two primary components of the balance of payments, the other being the current account. Whereas the current account reflects a nation’s net income, the capital account reflects net change in national ownership of assets. Capital  [ Read More ]

China currency policy has once again come to focus, primarily because of continued IMF pressure led by US and European Union on Yuan revaluation. US imperativeness on Renminbi (RMB) review is due to the China’s growing trade surplus, which US believes is worsened by artificially maintained weaker Yuan, which leads makes imports cheaper in US  [ Read More ]

The prospect and hope of financial inclusion is a tantalizing one for India. However, to receive a clear picture, many diverse concepts must be understood, before any conclusion can be reached. In this article, I explore some of the more prominent variables briefly, dealing with some questions on the way, and then try and put  [ Read More ]

BACKGROUND OF THE INDIAN ECONOMY The Indian growth story is making headlines all over the world today. Its GDP growth rates are catching the eyes of every investor, be it in USA or in Japan. India and China together are known as the next superpowers of the world we know today. But is there any  [ Read More ]

What caused the Greek Debt Crisis? Greece’s adoption of the euro as its national currency in 2001 is seen as one of the most important contributing factor in Greece’s buildup of debt. The Alliance between the European countries where monetary policy was managed by the European Central Bank (ECB), was viewed with high degree of  [ Read More ]