On Wednesday, 10th January 2024, the American stock market regulator – SEC (Securities and Exchange Commission) allowed eleven companies to offer ETFs (Exchange Traded Funds)…
Read More American Securities and Exchange Commission approves limited cryptocurrency trading
When we borrow money from a bank, the bank needs to be sure that we will pay them back. To ensure that they don’t make…
Read More What are credit score and credit ratings?
Very simply put bankruptcy is when you cannot pay back your debts in any way. It can happen to companies and individuals. When bankruptcy is…
Read More What is Bankruptcy? What are secured and unsecured loans?
The best way to understand Run on the Bank is through the example of Signature Bank this week. A run on the bank is a…
Read More What is Run on the Bank?
Let’s break the word down into two parts: Infra – below Structure – Something that stands on its own (like a building, etc.) This is…
Read More What does “infrastructure” mean, exactly?
What is taxation? Tax is what we pay to the government. The government uses this money to do its job. The job of the government…
Read More What is taxation, direct and indirect taxation?
Especially of the online variety The Reserve Bank of India has created a comic book to make people aware of 40 types of online frauds…
Read More How to save ourselves from financial fraud
While reading financial statements like profit and loss, or revenue, you might encounter some of these terms. Let’s understand what they mean. Revenue Anil has…
Read More What is Quarter earnings, Y-o-Y, and Q-on-Q?
We have two children in the colony. Let’s call them Ami and Imi. One day, Ami and Imi have a fight over something. It could…
Read More What are sanctions?
From July 22nd, Mastercard will not be able to issue any new credit cards in India. Their existing cards can be used, so their customers will not face any problems.
Read More Mastercard also cannot issue any new cards in India from July 22nd