by prachay-group | Jan 18, 2023 | Blogs
Is there a better way of transferring from the income generators to the destitute that can integrate the society rather than dividing it? The government has the responsibility of ensuring the overall well-being of its citizens. They have to defend the boundaries of...
by prachay-group | Jan 10, 2023 | Blogs
If you need to use an asset that you don’t own, you can always lease or borrow it from somebody who owns it. In consideration, you pay a price for the ‘use’ to the owner. But if you take the asset from the owner without their knowledge or will or don’t pay adequate...
by prachay-group | Dec 21, 2022 | Blogs
Inflation means that money is losing its value or its purchasing power. So, another approach to counter inflation can be to ensure that there is even more money in people’s hands. Am I over-simplifying things or does the idea make any sense? I vaguely remember our...
by prachay-group | Aug 3, 2022 | Blogs
“Heer Ranjha”, “Romeo Juliet”, and “Virat-Anushka”: these love stories are nothing when compared to the romantic affair of the Indian Bankers with “Collateral Security” these days. Conceptually, a “primary” security is the one that gets created out of the lender’s...
by prachay-group | Sep 26, 2021 | Blogs
We, Indians are very calculated when it comes to spending money. We are brought up with concepts like ‘paisa vasool’ i.e. “value for money”. If we don’t get “chavanni me rupaiye ka fayda” (a rupee’s worth in a quarter), we almost feel ‘cheated’. Right? So, here I am...
by prachay-group | Jun 23, 2021 | Blogs
According to The World Travel and Tourism Council (WTTC), tourism generated 6.8% of India’s GDP in 2019 and supported 8% of its total employment. But do we really care about this industry? Hotels are the backbone of the tourism industry. And they are facing probably...