Everyone in their life Invests in something and almost everyone wants a low risk high return Investment but it’s not possible and rest of them who take a high risk high return Investment make huge amount of money. We can invest in government bonds, fixed deposit, share market, etc... What if I tell you about an Investment where you can earn a minimum 11-15% return on capital within a short term of period, even from share market you can earn this much and more but there is high risk involvement and you need technical and fundamental knowledge in it. This investment is known as Invoice Discounting, now what is Invoice Discounting: - “When company needs money they give unpaid invoices to the lender at a discount and lender give cash advance to the company and when the company receives the money they pay that amount to the lender”. Let’s take an example to clear the doubts: - Suppose there is a company namely XYZ manufacturers pvt. Ltd. They manufacture bottle caps; Coca-Cola has given...
As we all know about the recent rumors about the shifting of 1000 manufacturing companies from China to India do you really think that this will help our economy. According to our Nobel Laureate Abhijit Banerjee said that companies shifting from China to India may not do actually good he said this in one of the interview with a bengali news channel ABP Ananda, he said, "China is being blamed now for the corona virus outbreak. Even people are saying that India stands to benefit as businesses will shift from China and come to India. But that may not be true." A MIT professor gave a hypothetical example saying that on case that China depreciates its currency, Chinese will become cheaper and preferable to buy Nobel Laureate Abhijit Banerjee is a member of Global Advisory Board formed by West Bengal State Government to tackle COVID-19 in the state said "What happens if China depreciate it's currency. In that case, Chinese products will be cheaper and people will...