The financial lens

Girls you are Projected trajectory of coronavirus spread cause your curves are anything but flat(Lmao). Jokes apart. This virus which is billion times smaller than a human being has forced a billion of humans locked up in fear leading to lockdown of the whole country of fuckin 1.3 billion people and has bought world to its knees. We are currently witnessing that people are panicking in the entire world from Coronavirus. This same panic has caused the Indian market crash! This can be made out from the fact that market started falling drastically when the first case of Coronavirus was reported in India. We also cannot ignore the fact that Coronavirus has affected industries across the globe and as a result it has adversely affected the global economy. More than half of the global population doesn’t know how to swim though it is a life skill, according to a report. That’s a problem but there’s more to it. It has been scientifically proven that more than the deep waters, it’s th...

You gotta start buying something when Coronavirus sells off.  😂👻🗣 Coronavirus are a family of viruses known for containing strains that cause potentially deadly diseases in mammals and birds. In humans they're typically spread via airborne droplets of fluid produced by infected individuals . China is suffering both ways as in case of demand as well as supply. The demand has gone down drastically most of the materials whereas the supply has been terribly restricted because the companies have ceased to function. Since India is a prominent trade partner of China, it was evident that India would suffer the effect too and that’s what has happened. The coming days will see some stress if factory closures continue in China. Wuhan, the epicentre of the crisis, is home to some of the world’s largest computer factories. Hubei province, whose capital is Wuhan, is home to some of the world’s largest auto component makers. China is the world’s factory — it makes around 90% of the wo...

There was a dire need to address the economic concerns of India and there is something for everyone in this budget. India is one of the world’s fastest-growing economy and this budget in 2020 is aimed at pumping more business and investments in the country. It is said that size matters, but the longest speech in budget history did not guarantee Nirmala Sitharaman success. Her second budget had no big fiscal stimulus, several protectionist duties, and few convincing steps to revive a slowing economy. Disappointed investors sent the Sensex crashing 1000 points. The tax on cigarettes has been raised yet again, but not the tax on beedis. Tobacco kills, whether in cigarettes or beedis. True, the beedi industry employs many people, but if you must employ some people to kill others, maybe better ways can be found.However, the Sitharaman approach of depending more on non-tax revenue than borrowing to finance capex is a positive move. It will help cut market interest rates. The divide...

The Finance Minister slashed the corporate tax rate a couple of months ago and this has increased the expectation of the common man  from the 2020 Budget who is looking forward to changes which will increase his disposable income. Almost everyone is waiting for the ‘D-day’ when Nirmala Sitharaman, our Finance Minister will present the Union Budget 2020.Once again, expectations have started pouring in from all walks of life. The salaried individuals are expecting amendments in the income tax rates and slabs while other individual tax payers are expecting an increase in deduction under section 80C. Let’s try and understand the expectations in detail. There is an Expectation that finance minister may relax the personal income tax rates.The current income tax slabs and rates are as follows: Individuals with income up to Rs. 2.5 lakh are exempted from paying tax. Those earning between Rs. 2.5 lakh and Rs. 5 lakh fall in the 5% slab. Similarly, individuals earning between Rs. ...

This Article might get long but it has almost everything that one should know that led to the tension between the 2 country. In the hours after an American drone strike in Iraq killed Iran’s most important military leader, Maj. Gen. Qassim Suleimani, a question has dominated discussion on social media. Could this lead to war between the United States and Iran? The attack at Baghdad International Airport also killed Abu Mahdi al-Muhandis, the deputy commander of Iran-backed militias known as the Popular Mobilisation Forces (PMF). Iran's Supreme Leader Ayatollah Ali Khamenei swiftly pledged to take "severe revenge" for Soleimani's assassination.  So how all of these started? It was May 8 2018 when US President Donald trump annouced that US is Withdrawing  from the Iran nuclear deal, formally known as the Joint Comprehensive Plan Of Action (JCPOA). In response, Iran called Trump's decision "unacceptable" and said it would bypass W...

There’s a myth that the Indian Airline industry is not performing consistently. That’s not true at all! All the Indian airline companies are consistently making losses and there’s no single company that is out of this league (Except Indigo to some extent). But, how has the industry been able to maintain such consistency? What has made the industry so mundane? Aviation turbine fuel (ATF) is one of the important sections of the industry. Indian government didn’t not reduce the jet fuel prices in proportion to the fall in international crude oil prices. But, when there is a rise in crude prices, it increases in the fuel cost would eventually increase the operation of the airline. Besides, it could compel airlines to go for an upward fare revision to offset the increased cost of operations. Why, the jet fuel accounts for 45 percent of an airline's cost of operation. For the past one year, the ATF price has witnessed an increase of nearly 30 percent and around 25 percent in just last...

I remember a quote today by Sir John Templeton "Bull Market are Born on Pessimism,grow on skepticism,mature on optimism,and die on EUPHORIA'' Markets seem to have achieved a sort of mini-euphoric phase given the relentless rally of about three months without any significant correction. Various polls suggest most of people are bullish that markets will touch new highs. Markets are at dizzy highs despite gloomy economic data. And things may get worse before they get any better with sensex touching 41000 mark & nifty nearing 12200,at current levels India is still the most expensive among peers. This makes investing a risky bet. The slowdown in the economy means that earnings in sectors such as automobiles, consumer discretionary and some parts of consumer staples will be within the standard range. Orders in a large way have not yet trickled into the capital goods and infrastructure sectors, which means that this portion of the market is not expected to turn up ...