In this week’s wrapup, we’ll discuss the Modus Operandi of Investment Advisory Scam, Unsolved Riddle of Debt to GDP ratio, Why Indians are falling in love with Cycle again, Hand Sanitizers a tricky business to be in and What is Google tax 2.0

Modus Operandi of Investment Advisory Scam

On Monday we talked about Modus Operandi of Investment Advisory Scam and How fake stock broking companies are luring innocent investors with stellar returns expectations. As per CNBC – Authorities 60 alleged Ponzi schemes last year with a total of $3.25 billion in investor funds — the highest amount since around the time of the Great Recession. 

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India’s Debt to GDP Ratio. Unsolved Riddle

On Tuesday, we talked about India’s GDP ratio which is expected to shoot up to 87.6 percent (Rs 170 trillion) at the end of the current financial year from 72.2 percent (Rs 146.9 trillion) in FY20 on the back of extra borrowing by the government in wake of the COVID-19 pandemic.

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India’s are falling in love with Cycles

On Wednesday, we talked about how the bicycle market is gaining its strength as more commuters from Kolkata, Chennai, Bengaluru, Delhi, Kochi, Mumbai many are preferring cycling as a mode of transport whether to go about office work, household chores or exercise. Can India leverage this opportunity and become a new destination of the cycle economy? 

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Hand Sanitizers – Tricky Business

On Thursday, we discussed how the Covid-19 pandemic has shone a spotlight on relatively small vertical in India’s FMCG 

sector – Hand Sanitizers and Disinfectants. With no surprise market cap has skyrocketed by nearly 400% to Rs 43 crore as compared to 10 Cr a year ago. Is it going to be a sustainable business model with so many competitors?

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Foreign e-commerce its time to pay what’s due

On Friday, we talked about the extension of “Google Tax” also popularly known was “Equalization Tax”. From April 2020, Equalization Levy shall be levied at 2% on consideration by an e-commerce operator from e-commerce supply or services made or provided in India. Will Netflix get Costlier?

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That’s it from us this week. We will see you soon!

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