Thanks to a faulty fund transfer and discharge-for-value-defense, Citibank might lose $500 mn to Revlon’s creditors. Read how
GVA is the additional value added to the raw material during the production process. For instance, when wood is transformed into kitchen furniture, value added will include all the expenses incurred in converting the raw material into finished goods
The Union Budget 2021 is more like a prescription to “get well soon” from the impact of the pandemic. Here are some proposals that can impact individuals and businesses
Read what expectations citizens have from the Budget 2021, which FM Nirmala Sitharaman labelled as never like before
Looks like 2021 started on a not-so-good note for business tycoon Mukesh Ambani and his empire RIL due to the hefty-penalty arising from a 13-yr old case. Let’s find out more.
This sequel of AGR story talks about SC’s impact on Airtel, how is it prepping to pay the dues and how Jio can be an obstacle to its road to recovery
After a legal tussle of 14 yrs, the SC finally passed its verdict on AGR dues case. Read more about the case, the verdict, and Vodafone’s road to recovery
India’s Q1 GDP growth of -23.9% is the worst on record. Read why did this happened and the role of agriculture, rural, and informal sectors in the GDP here
Finance Commission that recommends the devolution of centre’s tax revenue between union and state governments. Here’s more on its formation, scope, and function
The loss-making India Post has a new ray of hope with the government planning to make it a full-fledged bank. Ssssshh, the plan is not yet finalised! Read the deets here