Keep Quarantining and being the awesome Indian that you areWe as responsible and sensitive individuals should start making honest efforts in being kind towards our nature as well as our fellow beings.
We have always thought that USDINR is a function of inflation & interest rates prevalent. That there is a cause and effect relationship and this can't be thought the reverse way. Why is it difficult to think that this derivative equation is a vector, i.e. moves only in one direction? Why can't we influence the interest rates & inflation in the economy by tinkering with USDINR?
As if managing cashflows wasn't already a difficult task for a business, the Corona Virus (COVID-19) Pandemic has made this even more challenging. Here are a few ways by which we can manage our cash flows more effectively.
India's dream to achieve the five trillion economy has cheered the India Startups to reach out to external investors to boost the efficiency of the operations because India needs capital, there are investors also, not in India obviously, some distant foreign investor.
Franklin Templeton India recently announced the closure of six of its debt mutual funds. The decision caught everyone off guard. The investors were in a state of panic. But do we really need to worry about our Mutual Funds after the fiasco?
In these turbulent times when uncertainty has gobbled up whole of the market. With all the production processes halted and oil being left unused in the storages...
It is time to introspect the impact of the lockdown and take measures to minimize the same. As the day-to-day activities of businesses are on descent, it is a good opportunity for entrepreneurs to analyze their businesses. This will not only help in minimizing the impact in the aftermath of the COVID-19 crisis but also will help in the long run and change our business approach.
This recommended scale of fees declared for Chartered Accountants came out with revisions. Since it is a recommended measure neither the appointee who hires the services of chartered accountant nor the persons who get hired have major say in this issue. Here are some suggestions on how the recommended scale of fees for CAs should be revised.
RBI Announces Rs. 50,000 crore Special Liquidity Facility for Mutual Funds vide press release 2019-2020/2276 dated 27th April, 2020. In view of the situation arising due to the COVID-19 pandemic and extended lockdown period.
Given this it's crucial that business should assess its risk and rapidly implement the necessary measures at the appropriate scale to reduce the effect of COVID-19.
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