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Monetary Policy by RBI !! What's that ?

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In order to build up economic activity that had suffered because of the Covid-19 related lockdown, the bank of India (RBI) bog down repo rate by 0.4% on 22nd May 2020. Earlier, in March 2020 further, the RBI had cut repo rate by a steep 0.75%, to stimulate growth. within the same month, the US Federal Reserve System had cut the benchmark rates by 1% to 0.25% to assist the economy recover. Recently the FRS also stated that it'll hold its benchmark rate near zero through 2022, to assist the economy pass through the coronavirus crisis.    Keeping these developments in mind, and also the questions that include it, this text hopes to raze monetary policy and therefore the relevance of the repo rate for you!

SBI is Yes Bank’s Savior Again! - Yes Bank’s latest FPO.

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SBI is Yes Bank’s Savior Again!  Heard of that tale of a Sage and a Scorpion? A sage used to go to a riverbank each day to offer his prayers and take a bath. One day, a scorpion bit him while he was entering the river. He felt that painful sting, but at the same time saw that the scorpion was drowning. The sage couldn’t resist seeing a living creature die in front of his eyes. So, he lifted the scorpion in his hand and tried putting it on the shore. But, the scorpion bit him again! Once again the scorpion was drowning and the sage helped it, but the scorpion stung again and again. A man was observing this series of events. He asked the sage, “Why do you keep helping the scorpion when it stings you every time?” The sage replied “It’s about character. If the scorpion maintains its character and keeps stinging, I’m a sage, and it’s my character to help others come what may.” Now, we definitely won’t say that Yes Bank is a scorpion and SBI is a sage but, you would be able to r

Why Indian Government Banned Tiktok ?

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TikTok Banned: Including Shareit, UC Browser, and WeChat with 59 other Chinese Apps bans by the Indian Government.  Indian Government Banned Tiktok-  The Government on Monday issued a release on the ban of 59 mobile apps that are prejudicial to the safety of the state and public order. TikTok has been banned by the govt., together with 58 more apps including Shareit, UC Browser, WeChat, and others. The common measure to those various apps? They're all made by Chinese companies. the govt. in its notice stated that these apps are prejudicial to sovereignty and integrity of India, defence of India, security of the state, and public order. As per a release from the Ministry of Electronics and IT (MEITY), the ministry has blocked the apps under the provisions of Section 69A of the IT Act, also as provisions of the IT rules 2008, saying, “in view of the data available they're engaged in activities which are [sic] prejudicial to sovereignty and integrity of India, d

The 7 habits of Highly Effective People- BOOK REVIEW !

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An ideal guide to assembling your personality by altering your habits. It is rightly said that habits make or break a person. If you wish to understand why you're not doing something right, sometimes all you wish is to perform an analysis of your habits and consider altering them. Because sometimes it’s not about what you are doing, but more about how you are doing it! And that’s where your habits play a really important role. 'The 7 habits of Highly Effective People' could be a book that aims at providing its readers with the importance of character ethics and personality ethics. The author talks about the values of integrity, courage, a way of justice and most significantly, honesty. The book may be a discussion about the seven most essential habits that each individual must adopt to so as to measure a life which is more fulfilling.                                                                    Content of the book: The author continues to require the

HINDI- CHINI BYE BYE - BOYCOTT CHINA !!

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           The "right way" to Boycott China.                          I'll talk about: Boycotting Chinese goods.  Can We Boycott China? Let’s get started with the trending talk of #BoycottChina. It sounds really good to say goodbye to Chinese goods thereby being self-reliant and self-dependent. But, are we riding on quite a high horse? China is just trying to penetrate at India’s border on the northeast & 20 Indian soldiers killed in face-off with China.  Sino-Indian border face-off in eastern Ladakh, soldiers of China’s People’s Liberation Army (PLA) attacked and killed 20 Indian soldiers, including a colonel, on 15th June 2020,  but, moreover, it has penetrated into our lives so much that we don’t even realize. Just to give you a hint, the value of goods that India imports from China is more than 515 billion yuan (with the current value of yuan being equal to Rs. 10.75 you can imagine how huge the amount is). (1 Chinese Yuan = 10.75 Indian Rupe

ZERODHA : List of all charges and taxes.

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    ZERODHA CHARGES FOR EQUITY       ZERODHA CHARGES EQUITY DELIVERY EQUITY INTRADAY EQUITY FUTURES EQUITY OPTIONS BROKERAGE Zero Brokerage 0.03% or Rs. 20/executed order whichever is lower 0.03% or Rs. 20/executed order whichever is lower Flat Rs. 20 per executed order STT/CTT 0.1% on buy & sell 0.025% on the sell side 0.01% on sell side 0.05% on sell side (on premium) TRANSACTION CHARGES NSE: 0.00325% BSE: 0.003% NSE: 0.00325% BSE: 0.003% NSE: Exchange txn charge: 0.0019% NSE: Exchange txn charge: 0.05% (on premium) GST 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges) SEBI CHARGES ₹5 / crore ₹5 / crore ₹5 / crore ₹5 / crore STAMP CHARGES Click here to view stamp

After COVID : what is the future of Economy ?

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The economic crisis that has besieged the world since the onset of the Covid-19 pandemic has led to some searching questions about the future of globalisation. Several Western commentators have been debating on whether the pandemic would threaten it. This question is hardly new: Since the middle of the 1990s, or from its very early days, many have had doubts about globalisation’s future. The “Great Recession” of 1929 brought fresh doubts about it with some narrowing the problem down to financial globalisation. Uncertainties about the future of globalisation have arisen in the wake of the disruptions that the “Great Lockdown” has caused in all major economies, with the possible exception of China. The ongoing disruptions are reminiscent of the “Great Depression” of the 1930s, after which most economies turned protectionist. Given this context, the likely impact of the “Great Lockdown” on global trade volumes is another ominous sign. The World Trade Organization