Found 104 Articles for General Economics

Introduction India is considered as one of the largest consumer of gold in the world. As per World Gold Council, India sits at 11th position for having substantial gold reserves. Whether it’s a wedding or a function or any festival, Indians go for gold shopping as a way to commemorate any occasion. But what’s the purpose of buying gold and keeping it to ourselves when you can lease the shimmering metal to make additional returns? As gold does not attain any interest, leasing can add value to the asset and let you earn some quick gains. For ... Read More

Introduction Doing business is not just about adding profits to the existing capital, but also being socially responsible too. As companies are using environmental resources, they have to give back in one way or the other. Some of them include investing in eco-friendly and sustainable entities, conducting CSR programs, incorporating social practices, etc. Mutual fund companies, broking houses, and many other financial firms are offering products that are in line with ESG theme. By investing in sustainable businesses, you are, in a way, supporting such practices. If you want to support the environment, ESG investing is one of ... Read More

Introduction Some of the companies operate on the principle of pay first and receive the services later. A classic example of this type would be all the subscription and ecommerce models, where you have to first initiate the payment to enjoy the services at a later stage in the future. The company notes this type of income as deferred revenue in their books of accounts. And record them as a liability instead of an asset. Now, let’s table down this concept into different parts for easy understanding. Meaning of Deferred Revenue Deferred revenue refers to a kind ... Read More

Introduction Debt refers to borrowings made by a party to finance their needs with a condition of repaying the principal amount along with interest after an agreed period. There are two distinct forms of debt, namely, consumer debt and corporate debt. Any borrowings made by a private group or class of people is termed as consumer debt. Government, private entities, and any other businesses don’t fall under the umbrella of consumer debt. Some of the consumer debt forms include credit cards, mortgages, personal loans, day loans, etc. For almost all types of loans, the consumer borrows a sum ... Read More

Introduction Innovation is a never-ending process, especially in the world of finance. You get to see new technologies opening doors to new financial products, resulting in a new channel. Today, we have an array of credit card options to choose from, but you might not have heard about some of them. If you would have known that a certain card like this is available in the market, then your task would have been finished in a much less time. So, it’s crucial for every user to be abreast of the developments in the credit landscape to get your ... Read More

Introduction Proper cash flow is very important for any organization to run its business operations smoothly and efficiently. Big multinational corporations face cash flow problems more often because of multiple reasons like inefficient sales, low profitability, investment in diverse businesses, high debts, etc. No company wants to witness negative cash flow that puts their business in peril or risk. Now, to be on the top of the game, it’s crucial for a company to have a positive cash flow, resulting in healthy long-term growth. So, how long does a company take to reach the cash flow position? Define ... Read More

Introduction Every business need funds for expansion purposes like opening a new facility, or buying high-end machineries, or anything for that matter. The favourable yet a legit source to get funds is from a bank or a financial institution. Fig 1: Commercial Loan This kind of credit lending is referred to as a commercial loan. Also known as business loan, this debt facility is granted to businesses to meet their specific financing needs and facilitate their day-to-day activities. Let’s take a look at their types, pros and cons, and other particulars in here. Explained: Commercial Loan A commercial ... Read More

Introduction There are numerous talented and artistic minds with crafty skills out there in this world. Woefully, most go unnoticed due to lack of proper talent supporting and monetization platforms. As they say, where there’s a will, there’s a way - the internet has created just that. It helped creators to showcase their works online in the form of pics and videos. But the sad truth is that you don’t have rights on what you post or share on the internet. The content or the data you post can be used by anyone. Since it’s a free public ... Read More

Introduction The level of risk differs for everyone as it depends on various activities conducted by the business or person. So, whether you are an individual or organization, you have to learn about the risks linked to your regular dealings. Since risk is something that’s uncertain, knowing how to encounter it upon happening aids you to be a step ahead in the game. Risks are two types, namely, systematic and unsystematic. The former type of risk cannot be unavoidable, as it’s inherent in nature impacts the entire market on a whole, including geographically and economically. Some of the ... Read More

Introduction The payment system in the banking world has seen a huge transformation over the past few years. The rise in technological advancements gave rise to new financial applications, enabling the processing much smoother and convenient. These digital tools reduced the need for carrying cash to any external locations. Thanks to smartphones, it has facilitated transactions virtually anywhere via the internet. This kind of framework led to the origin of e-wallets in the financial space, enhancing the access to multiple financial resources. So, what exactly are these wallets? Are they a game-changer in the payment platforms? Define ... Read More