Bitcoin Is Tanking Hard — and Is Now the Lowest It’s Been in Over a Year

November 15, 2018

Bitcoin tumbled below $6,000 for the first time since August and reached its lowest level in over a year, breaking the recent stretch of tranquility exhibited by the notoriously volatile digital alternative to cash. The world’s largest cryptocurrency tumbled as much as 15 percent, with most of the initial loss coming within a half hour … More Bitcoin Is Tanking Hard — and Is Now the Lowest It’s Been in Over a Year

Alibaba’s Jack Ma Set to Rock Singles’ Day this 11.11 in China with a Breakthrough Combination of Entertainment and Retail!

November 10, 2017

What’s is this Single’s Day? If you remember, Singles’ Day broke multiple shopping records last year eclipsing most big-scale retail and online shopping sales by a long mile. It left them far behind and wanting. What’s the big deal about Singles’ Day? It is one of the most successful sales campaigns of our generation. And it all comes down to one genius, Jack Ma! … More Alibaba’s Jack Ma Set to Rock Singles’ Day this 11.11 in China with a Breakthrough Combination of Entertainment and Retail!

Delhi_India_Government

Major ₹2.11 Lakh Crore Recapitalization Boost for Public Sector Banks

October 25, 2017

The entire story around the increasing loan restructuring troubles of banks hit an official high on October 24th, 2017 when the Finance Minister issued a major recapitalization boost for public sector banks to the tune of ₹2.11 lakh crore while hinting for forthcoming banking reforms. The message is clear, the government and RBI are clamping … More Major ₹2.11 Lakh Crore Recapitalization Boost for Public Sector Banks

Axis Bank's Non-Performing Assets Troubles as They Record High Divergence

Axis Bank’s Non-Performing Assets’ Troubles as They Record High Divergence

October 11, 2017

Banks in India are in a tight spot as they see their performing assets turning into non-performing assets with divergence rates across the industry growing. As per a Reserve Bank report on Financial Stability, the revered authority noted that the gross non-performing ratio for all commercial banks could rise from 9.6% in March of 2017 to around 10.2% in March of 2018. This means that the overall health of the loans in the country would be sicker by over 10% within a few months. … More Axis Bank’s Non-Performing Assets’ Troubles as They Record High Divergence