NPA expands to non-performing assets (NPA). Reserve Bank of India defines Non Performing Assets in India as any advance or loan that is overdue for more than 90 days. “An asset becomes non-performing when it ceases to generate income for the bank,” said RBI in a circular form 2007. To be more attuned to international practises, RBI implemented […]
The Internal Rate of Return (IRR) is the discount rate that makes the net present value (NPV) of a project zero. In other words, it is the expected compound annual rate of return that will be earned on a project or investment. What Is IRR? IRR, or internal rate of return, is a metric used in financial
Point of sale (POS) refers to the payment counter in a retail store where customers pay for their purchased goods. When a customer picks out a product and wants to check them out, a culmination of hardware and software helps businesses make those sales. It helps customer management be easier and the time taken is
India has always been viewed as a market with enormous opportunities. Being an era of digitisation, many tech start-ups enter the market to capture the online audience. The hyper-growth of online restaurant discovery and food ordering system has paved the way for a lot of food tech startups to emerge in the industry. Zomato, India’s
“DIY” everywhere, and you probably already know what it stands for: “do it yourself.” It’s a pretty straightforward-sounding concept. But “DIY” might conjure up totally different images for different people, because really, it can be about so many things. Basically, DIY means that, instead of hiring a professional to do a particular task — or,
Venture capital (VC) is generally used to support startups and other businesses with the potential for substantial and rapid growth. VC firms raise money from limited partners (LPs) to invest in promising startups or even larger venture funds. What Is a Venture Capitalist? A venture capitalist (VC) is a private equity investor that provides capital
Rajasthan Udyog Mitra Portal is an online portal developed by the State Government of Rajasthan. It is designed to facilitate the online MSME registration of new entrepreneurs. The new Micro, Small, and Medium Enterprises can avail of the benefits of exemptions by applying through the Rajasthan Udyog Mitra portal. MSMEs or Micro, Small, and Medium Enterprises play
A trademark is a sign capable of distinguishing the goods or services of one enterprise from those of other enterprises. Trademarks are protected by intellectual property rights. What Is a Trademark? The term trademark refers to a recognizable insignia, phrase, word, or symbol that denotes a specific product and legally differentiates it from all other
When a business pivots, it changes some aspects of its core products or services. Businesses may pivot to better meet customer demand, shift their target audience to boost sales, or a combination of both. What is a Pivot? A pivot is a significant price level known in advance which traders view as important and may make
Having the right amount of inventory is vital to sustaining a business. You need to meet demand, but you don’t want to hold onto stock you can’t sell. In a perfect world, you would set up reorders on a schedule, and in quantities exactly designed to meet customer needs. Purchasing, however, isn’t always that simple.