Do you know, In India total 1.16 crore domestic fliers were recorded in March 2018 only (28% rise from March 2017 when 90.5 lakh were recorded). According to Ministry of Civil Aviation website 7.32 million people flew domestic in November 2017. In India total three aviation stocks are listed : Spice JetInterglobe AviationJet Airways (I…
Author: Akshay Seth
How does a weaker currency lead to stronger exports?
Suppose you are a T-shirt manufacturer in India and sell your T-shirt at 500 Rs./T-shirt. Your friend Sam is also a T-shirt manufacturer in US and sells his T-Shirt at $10/ T-shirt. Assumed Current forex rate : 1$ = 50 Rs. Now case 1: if Rupee depreciates. and slides to 55 Rs /dollar then: Your…
What is a trade war?
Suppose you are the President of United State of America and your local US manufacturer can make computers for $900 each however his competitor in China producing same product for $800. For the stability of your economy what would you do? will you import the same product for $800 and sell them at $850 and…
Is a trade deficit a good or bad thing?
When you go to market to buy a toothpaste then which will be the favorable condition for you? Condition 1: You have fewer ‘made in india’ choices like Vicco, Dant Kanti, Babool, promise, neem etc. Condition 2: You have many options like Colgate, Dant Kanti, Sensodyne, Close-Up, Pepsodent, Promise, Babool, Vedashakti etc Of course option 2,…
What is a clear explanation of Inflation? how it affects the economy?
Do you know in 1941 in Hungary inflation reached 150,000% each day. A jelly bean that cost 10 pounds on Monday morning would therefore cost the equivalent of 150 pounds on Tuesday morning and 225,000 pounds on Wednesday morning. That is the power of inflation. One of the oddest things about economic life is that…
What is Fiscal Deficit and how it affects Economic Growth of the Country?
If your salary is 30,000 Rs. per month but your estimated monthly expenses are 35,000 Rs. then 5,000 is your ‘deficit’. So, how would you manage? You have four options: Either borrow money from your friends and pay interest on that. Cut your spendings. Request for a salary hike. Print money. ( which of-course you…
How should I invest in the share market?
Follow these 8 Simple Steps: Open Zero brokerage Demat Account: You need to have a demat account with zero brokerage. In this competitive market, some of the good brokers are providing this service of ‘free brokerage’. I use Upstox, you can use it too if you want. Otherwise, Choose any broker you want. 2. Learn…
How well does technical analysis work?
Suppose you have 1 lakh Rs. and you need maximum returns. Case 1) You are a short term trader. Technique: Death Cross and Golden Cross Death Cross: This is the combination of two moving averages. It is used when a shorter-time frame moving average crosses over a higher-time-frame moving average, indicating a trend reversal in…
World’s Biggest Economic Crisis (2008) Explained in less than 5 Minutes
This will be the most interesting thing you will read today. If you want buy a house, you will go a bank will ask for home loan so that you can pay mortgages and one day own that house. Home loans are disbursed on the basis of your credit ratings so basically there are two…
Investment checklist before you buy a stock
Four most powerful tools that Warren Buffett uses to identify value stocks. If you understand them all then you can easily pick value stocks for wealth creation. Suppose you are sitting in a beer bar with some of your friends. While drinking the beer you got idea to start your business. The business of printing…