Wealthfare - Financial times

The unorganized, "informal" industry as we call it, contributes to almost 50% of India's GDP and employs close to 90% of our country's workforce and outperforms tier 1 business, usually corporations in which we aspire to work, in most metrics in business. A part of India, that we usually don't recognize as a formal industry and in many reports and management schools what we call as marginalized industry, business we take for granted and don't even look at them, street businesses, local industries, actually have a viable profitable business model that outperforms major corporations in almost every business metrics and yet does not get it's deserved acknowledgment. There is always a big celebration whenever FDI inflows come in but as a matter of fact FDI inflows have never exceed more than 7% of India's GDP, ever. Let me show you how this street sector actually achieve such level of performance - with innovation and perseverance in many more ...

There are a lot of important aspects of financial decision with respect to the stakeholder and their interests. Being a student I mostly identify myself with community citizen and financial activist. Now there are many stakeholders in a corporation and before I can relate them to what I am about to tell you, I must discuss with you about them. At the top level, there are the equity holders, that is the company owners/founders, who have personal vested interests and the bondholders from whom money maybe be borrowed/lent like financial institutions for example banks. Then there are other shareholders of the company like investors and employees. The most important thing to note here is that everyone leaving the owners are protected by legally binding contracts, therefore leaving them with all the risk but also the most profit. The employees can sue, the bank can declare bankruptcy and freeze assets if their interests are not met. The least I can identify myself with is a gover...

Hi, I am Sarthak Gupta. I am from India, pursuing engineering at Thapar University, Patiala, Punjab and am interested in AI&ML, finance, law and psychology. I want to learn finance because I believe financial literacy should be general knowledge and everyone should know, how money works and how to manage.And I am pursuing the specialization "Finance for everybody" on coursera and would like to share my opinions learned from theory relating with my real world experiences to present a unique learning, hopefully insightful. I am creating a financial portfolio and expressing my Op-Ed(Opinion Editorial). Finance for Everybody:Course Economics and finance are all around. We can't ignore it and continue with our lives. It impacts us deeply. So why shouldn't one learn it in the first place? Unfortunately, our education system, whose sole purpose is to enrich us, is the one which limits us. We aren't even taught about taxes, loans or interests which everyone has ...