Why forex reserves are important for any growing economy?
What are forex reserves? Forex reserves also known as foreign exchange reserves are a country’s resources. They are a country’s assets in the central bank of the respective country. The denomination is not local currency. These financial assets are in foreign currency. Usually, it is in US dollars, given that it is the most traded […]
Global Innovation Index and Why Does It Matter?
Global Innovation Index. I’m sure you must have heard this term. What Is Global Innovation Index and why does it matter? If you’re looking for the answer to this question this is the place for you. Global Innovation Index aka GII was started back in 2007 and was started by INSEAD and World Business. World […]
What you Know about your PAN Card?
PAN is a ten-digit unique alphanumeric number issued by the Income Tax Department. PAN stands for Permanent Account Number. A PAN card is a valuable means of photo identification accepted by all Government and non-Government institutions in the country. It is mandatory to have a PAN for conducting financial transactions such as filing for Income […]
The Adani’s Crash
Gautam Adani, the founder of the Adani group, became the second richest person in Asia this year. His net worth rose by $43 Billion to $77 Billion. This all happened because the Adani group has 6 listed companies and all have been on a mind-boggling trajectory. These are: 1- Adani Enterprises 2- Adani Greens 3- […]