Capital Account Convertibility by Kannammai Palaniappan
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Capital account and current account are two major components contributing to balance of payments. Current account represents regular trade transactions…
GST: The road gone by and the road ahead
GST – Goods and Services Tax – one simple abbreviation to remove all the complexities of taxation in India. The…
NO ARBITRAGE PROFIT CONDITION
Capital market equilibrium requires that market prices be set so that supply equals demand for each individual security. In the…
The Theory of Efficient Markets
The concept of an efficient market is very important in the area of finance. An efficient market is one in…
Returns Distributions and Financial Contracts
In a single-period model it is certainly permissible to specify exogenously the joint probability distribution of the end-of-period values of…
Market Efficiency with Nonspeculative Assets
The important concept of market efficiency was introduced. The theorem that was proved was a “no trade” theorem. If investors…
Venture capital
Investors, public, institutions will be on their foot to pool their money as investments on any developed corporate and well…
GOODS AND SERVICE TAX (GST)
Introduction: Goods and Service Tax (GST) is a comprehensive tax levy on manufacture, sale and consumption of goods and service…
Concept of Investment Risk and its types
The chance that an investment’s actual return will be different than the expected.It includes the possibility of loosing all or…
Working Capital Management – Written by Kannammai
Working capital in formula terms it is current assets – current liabilities. In conceptual terms it is the amount required…