What is a “Sole Proprietorship”? It is a simple type of business structure that is owned and operated by the same person and thus does not involve the complications of the complex filing requirements associated with other types of business structures such as corporations. In sole proprietorship the income and expenses of the business is reported […]
Cash Reserve Ratio Of late we have been hearing about the ongoing debate in the Indian economy pertaining to CRR. One of the best suggestions recently came from the Chairman of the Prime Minister’s Economic Advisory Council, C. Rangarajan. Mr. Rangarajan suggested on phasing out the cash reserve ratio (CRR) requirements of banks and using […]
Banking System in India Banks have always played a very important role in shaping our daily needs. They have always been playing an important role in our lives; after all it is a safe haven for all our hard earned money and savings. We feel secure with our money in the bank and entrust it […]
Capital Account Convertibility Capital Account Convertibility is nothing but the freedom to convert the local financial assets into foreign financial assets and vice-versa at market determined rates of exchange. It is associated with the changes of ownership in foreign/domestic financial assets and liabilities and embodies the creation and liquidation of claims on, or by the […]
Greenworldinvestor has reiterated time and again that the Indian stock markets are heavily manipulated and the dice is loaded against the retail investor. The stock market regulator SEBI is too slow to prevent the many scams that take place regularly in the Indian stock markets. Retail investors have been retreating from the stock markets since […]
Investment Banking Jobs are becoming scarcer and scarcer as the industry continues to retrench since banking fees collapse. A Tepid Global Economy and stricter financial regulations have meant that the I-Banks can no longer support the bloated expensive workforce that had kept growing during the boom years. Despite repeated QE by Bernake, the economy globally […]