Category Archives: C. Current Affairs

The use of digital payment methods for retail transactions has increased multi-fold during the last few years. Due to the Covid-19 pandemic, physical exchange of currency notes seemed risky owing to the contagious nature of the virus. This proved to be a catalyst in the increase in digital payment modes for retail transactions. Groceries toContinue reading “What is New Umbrella Entity (NUE)?”

Aristotle has said, “Well begun is half done”. It implies that a right beginning sets the path towards a journey that leads to success. The year 2020 however, did not keep up to the expectations of this adage. Everybody started the year with zeal and zest. As the year began to unfold, we witnessed theContinue reading “Financial Learnings of 2020”

The scam of 1992 and its poster boy Harshad Mehta are making its place in the news once again after a web series based on the scam premiered on an OTT platform a short while ago. The term ‘harshad mehta’ has experienced a sudden and steep increase in worldwide web searches as per Google trends.Continue reading “Aftermath of Scam 1992”

On 4th October 2020, Tata Consultancy Services (TCS) informed the stock exchanges that the Board of Directors of the company will consider a proposal of buyback of equity shares of the company, at its meeting to be held on 7th October 2020. On 7th October 2020, in its earnings statement filed with the stock exchanges,Continue reading “The TCS Buyback 2020”

WHAT IS LOAN MORATORIUM? A loan moratorium period is a time period during which the borrower is not obligated to make repayments towards the loan availed. Loan moratorium is not a waiver or concession but a mere deferment or postponement of your EMIs or interest repayments. In other words, a moratorium is a grace periodContinue reading “RBI Loan Moratorium”

On 22nd June 2020; Wirecard AG, German tech giant admitted that 1.9 billion euros (Approximately Rs. 15,960 crores) in cash which were missing from its account may not exist. Following timeline will take you through the series of events at Wirecard: Now that you may have started having thoughts on the lines of how canContinue reading “€1.9 Billion LOST AND (NOT) FOUND”

‘Panic’ is the most appropriate word to describe the current situation of investors, particularly Franklin Templeton investors after the fund announced winding up of six debt schemes. Investors, other than the ones having financial expertise, may not find it easy to understand why the fund house resorted to such extreme measures. I have prepared anContinue reading “Franklin Templeton Winding-up of Schemes”