On July 22, gold prices in India reached an all time high of INR 50,000 for the first time. Gold prices increased by more than 27% from the recent low of INR 38,400 in March 2020. Even in the global markets, spot gold prices rose to USD 1,865.81 an ounce, the highest in almost eight … Continue reading All that glitters is gold
Google for India 2020: The next chapter
On July 13, the most valued brand in the world, Google, announced to invest INR 75,000 Cr (approximately USD 10 Billion) to accelerate India's digitization over the next 5-7 years, with a new Google for India Digitization Fund. Yes, you heard it right. It's an unprecedented push for India's digital dreams and it also shows … Continue reading Google for India 2020: The next chapter
Who controls oil prices? US or OPEC
Crude oil prices are mainly determined by three factors-Supply, Demand and Geopolitcs. Theoretically, oil prices should be a function of supply and demand. When supply and demand increase, prices should drop and vice versa. However, oil's status as the preferred source of energy has complicated its pricing. The process of fixing the price of oil goes … Continue reading Who controls oil prices? US or OPEC
Weekly Wrap-Up : 10th July,2020
Weekly edition on domestic and global financial market news
UNDERSTANDING THE OIL & GAS INDUSTRY IN INDIA
Recently I have been very fortunate to know about the world's most important sector i.e. Oil & Gas. The Oil & Gas Industry sometimes becomes too difficult to grasp and hence I decided to post this article to explain the basics for this Industry. A Primer on the Oil & Gas Industry The Oil & … Continue reading UNDERSTANDING THE OIL & GAS INDUSTRY IN INDIA
Foreign Direct Investments (FDI) amid COVID-19 Pandemic
FDI is one of the key factors for a country's economic development. It is also significant for the developing economies and emerging markets where businesses need capital and skills to extend their foreign revenues. The Covid-19 pandemic has impacted economies all over the globe, triggering major economic downturns. To understand the FDI impact, I have … Continue reading Foreign Direct Investments (FDI) amid COVID-19 Pandemic
DMart-India’s next Walmart
D-Mart founded by R K Damani in Mumbai in 2000 is a chain of hypermarket and supermarkets in India. Owned and operated by its parent company Avenue Supermarts Ltd, it is widely known as one stop shopping destination to meet all family household needs. It offers a wide range of products with key focus on … Continue reading DMart-India’s next Walmart
Flipkart Walmart Deal
The biggest deal in the Indian E-commerce startup market was the Flipkart Walmart Deal in May 18. Walmart acquired 77% outstanding shares of Flipkart for an approximate value of USD 16,000 Mn. Walmart used this opportunity to enter the Indian market where it already had its global competitor, Amazon. In earlier years, Walmart attempted to … Continue reading Flipkart Walmart Deal