Disaster Management in India

Disaster Management in India: A Comprehensive Overview India, a land of diverse landscapes and vast population, is highly vulnerable to a wide range of natural disasters. From devastating earthquakes and floods to cyclones and droughts, the country faces a constant threat to its people, infrastructure, and economy. Recognizing the gravity of this situation, India has … Read more

Database

–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> Data, Data processing, business data processing, data storage, file management system and data base management systems.   Data, Data Processing and management System   Data processing and data management are critical components of business organizations.   DATA PROCESSING Data processing refers to the process of performing … Read more

PROFIT & LOSS

Profit and loss   IMPORTANT FACTS Cost Price: The price, at which an ARTICLE is purchased, is called its cost price, abbreviated as C.P.   Selling Price: The price, at which an article is sold, is called its selling prices, abbreviated as S.P.   Profit or Gain: If S.P. is greater than C.P., the seller is said to have … Read more

Balance of Payments

Balance of Payments is a systematic record of all economic transactions undertaken by residents of one country i.e. households, firms and the government with their counterparts in rest of the world. It consists of: 1. Current Account, 2. Capital Account and 3. Reserve Account. The Current Account covers transactions in goods and Services and transfers … Read more

Role of Commercial Banks

Role of Commercial Banks A Commercial bank is a type of financial institution that provides Services such as accepting deposits, making business loans, and offering basic Investment products There is acute shortage of capital. People lack initiative and enterprise. Means of transport are undeveloped. Industry is depressed. The commercial banks help in overcoming these obstacles and promoting … Read more

Short Selling of Stocks

Short Selling: A High-Risk, High-Reward Strategy in the Stock Market Short selling is a controversial yet potentially lucrative investment strategy that involves borrowing shares of a company and immediately selling them in the market. The goal is to buy back the shares at a lower price later, pocketing the difference. While it offers the potential … Read more

Transfer Pricing

Navigating the Labyrinth: A Comprehensive Guide to Transfer Pricing Transfer pricing, the process of setting prices for goods, services, and intangible assets exchanged between related entities within a multinational corporation (MNC), is a complex and often controversial area of international taxation. While seemingly straightforward, the practice can be fraught with challenges, leading to potential disputes … Read more

Foreign Direct Investment (FDI)

Foreign Direct Investment: A Catalyst for Global Growth and Development Foreign direct investment (FDI) plays a pivotal role in the global economy, acting as a catalyst for economic growth, technological advancement, and job creation. It involves long-term investments made by companies from one country (the source country) into enterprises in another country (the host country). … Read more

Need for Investment

The following are the subtopics under the need for InvestmentInvestment: Investment is a way to grow your MoneyMoney. When you invest, you are putting your money into something that you believe will increase in value over time. This can be anything from stocks and BondsBonds to real estate and businesses. Investment can help you reach … Read more

Grants to Local Governments

Grants to Local Governments: A Vital Lifeline for Communities Local governments play a crucial role in providing essential services to their residents, ranging from public safety and infrastructure to education and social welfare. However, these services often come with significant financial burdens, especially in the face of limited tax revenue and increasing demands. Grants from … Read more