Finance and Economy

Union Budget 2024-25 Expectations

Union Budget 2024-25 Expectations Key Highlights

The whole budget for the financial year that follows, or FY25, will be unveiled in July following the election of a new government. It is improbable that the government would unveil major policy changes in the February 1 budget. As a result, there is little possibility that policies that could boost market mood and give …

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GDP forecast for FY24

What is the GDP forecast for FY24

According to S&P Global Ratings, India’s economy would expand more quickly in FY24 than it did in earlier projections before slowing down in the following fiscal year. Because of significant internal tailwinds, the rating agency increased its GDP growth estimate for the fiscal year 2024 from 6% to 6.4%. In the initial portion of the …

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What is Bitcoin and How Does It Operate

What is Bitcoin and How Does It Operate?

With the use of peer-to-peer networks and decentralised digital money like Bitcoin, transactions may be made safely and transparently without the need for a central authority like a bank. Fundamentally, blockchain technology powers Bitcoin. A distributed ledger called the blockchain keeps track of every transaction made over a network of computers. As it can be …

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Value Investing vs Growth Investing

Value Investing vs Growth Investing: Which Approach is Right for You?

Investing is a crucial part of financial planning, and choosing the right investment strategy is essential to achieving financial goals. Value and growth investing are two popular methods that investors often consider. The decision between the strategies is based on a number of considerations, and each has advantages and disadvantages. Additionally, with the increasing digitization …

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GST Full Form

Let’s Understand GST (Goods and Service Tax)

The Goods and Services Tax (GST) is a fiscal policy that has the potential to drastically change a nation’s tax structure. Introduced to promote economic efficiency, the Goods and Services Tax (GST) combines several indirect taxes into a single, multi-stage tax. Fundamentally, GST is a consumption-based tax that is applied to every step of the …

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Why is the Indian Stock Market Rising

Why is the Indian Stock Market Rising?

A number of national and international variables have contributed to the growth of the Indian stock market. Domestically, the government’s favourable policy initiatives and economic reforms are vital. Investor confidence is bolstered, for example, by the launch of initiatives such as “Make in India” and the drive towards a digital economy. Furthermore, a more open …

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What is Dogecoin and How Does it Work

What is Dogecoin and How Does It Work ?

A playful meme in 2013, Dogecoin is a cryptocurrency that has grown significantly in popularity. Dogecoin, which got its start as a parody of Bitcoin, uses the Shiba Inu dog from the “Doge” meme as its emblem. Dogecoin, despite its comedic beginnings, has grown into a devoted community and an unexpectedly strong ecosystem. From a …

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What is Ethereum

What is Ethereum?

Ethereum is a decentralized blockchain platform made to facilitate the development and use of smart contracts, which are self-executing legal agreements that have their terms encoded directly into the code. Beyond Bitcoin’s cryptocurrency focus, Ethereum brought a revolutionary idea when it was launched in 2015 by Vitalik Buterin and associates. Ether (ETH) is the currency …

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NFT, Explained - A Comprehensive Guide!

NFT, Explained – A Comprehensive Guide!

Non-Fungible Tokens, also known as NFTs, are distinct digital assets that serve as a means of proving ownership or validity for a particular thing—typically digital music, art, or other digital goods. Because each NFT is unique and built on blockchain technology, it can be distinguished from other tokens and is irreplaceable. The decentralised ledger of …

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