The news of economic gloom and doom is all around us. India’s GDP rate has slowed to 5%, much lower than what was expected. The rupee is not stable against global currencies. Manufacturing industries are severely affected due to stagnant demand. There is wide spread talk of job losses. It’s not just in India, we […]
Month: September 2019
Changes proposed in Chit Fund Act – A welcome move in investor’s benefit
The Government of India has recently announced that there is a plan to introduce key amendments to the Chit Fund Act 1982 in the next parliament session. This is a long awaited legislative step, which finds a wide welcome in the chit fund industry – from investors and companies alike. We at Shantala Chits whole […]
Happy Ganesha Chaturthi ! May the lord shower his blessings on all our readers and investors.
The festival season has arrived! Between August and January every year, we Indians get into celebration mode with a series of religious and cultural festivals from Janmashtami to Sankranti! Krishna Janmashtami was recently celebrated all across the country with great devotion and gaiety. Now it’s the turn of our beloved Lord Ganesha. At the outset, […]