Economy

In Formalization Of Workforce Over the years, the quality of employment has been deteriorating, depriving a vast section of social and economic security.  However, a small section of workers can get regular income. They can protect their interests through labour laws and form trade unions to bargain with the employers.  Division of workforce in formal […]

So, the main question of this article is Who is India’s biggest trading partner? In  2021, the United States reclaimed its position as India’s largest trading partner, with China falling to second place. According to numbers compiled by the Commerce Department, the increase in imports from China is mostly attributable to an increase in shipments

The Central Government can declare any service as a “Public Utility Service” for a certain period. In the “Banking Industry”, workers may go on strike at any time, which is not allowed in other Industries. But, no worker should go on strike without giving 3 weeks’ notice to the employer concerned and without getting the

Industry experts believe that RBI has expanded the scope and coverage of Bharat Bill Payment System because it could help improve security in bill payments. BBPS refers to the Bharat Bill Payment System, which was launched in 2015 by the Reserve Bank of India to facilitate bill payment across banks. The system uses an e-billing

China’s currency is the renminbi or yuan. Currency should not be a topic that gets businesses scratching their heads. Yuan vs Renminbi: An Overview breaks down the currency into three parts and explains how each part works—the five RMB notes and five RMB coins, how the renminbi is pegged to the U.S. dollar about a

SPICe+ is a new web form for company incorporation. It aims to provide about 10 services by three Central Government Ministries and Departments and one Maharashtra state government. The three central Government Ministries are the Ministry of Corporate Affairs, the Ministry of Labour, and the Department of Revenue in the Ministry of Finance. The SPICe

The SEBI is the regulatory authority formed under Section 3 of the SEBI Act 1992 to safeguard the interests of investors in securities, promote the development of and regulate the securities market, and for matters associated with and incidental to the securities market. The Social Stock Exchanges (SSE) is a novel concept that arose from

The definition of the Waterfall Mechanism for Liquidation is the mechanism by which the process of corporate liquidation occurs. In the beginning, there will be a firm in question, which will have many different security creditors, secured financial creditors, and unsecured creditors. Now, let’s say that this company has gone into liquidation. This company is

Government, towards the end of the fiscal year or the end of their term, always needs some funds to expand in various vital areas, which cannot wait until the formation of the next government is the definition of what is Vote on the account. To provide various essential facilities, the government may take a formality

Bank  A bank is an economic organization that supplies various financial services, including other services, to the audiences. There are different types of Banks that provide services like promoting loans along with obtaining deposits. Apart from these, the banks perform wealth management and currency exchange so that the financial part remains well settled for human