India Infoline Finance Limited (IIFL) REVIEW IIFL or India Infoline Finance Limited is a full-service stockbroker formerly known as IIFL Holdings Limited and the headquarters located in the city Mumbai, India. India Infoline Limited is one of the premier financial providers of India. India Infoline has started its services in the year 1995, and Mr Nirmal Jain and Mr R. Venkatraman are the founders of IIFL. Moreover, it is one of the largest and oldest financial firms with multiple verticals, and the stock broker is one of its financial services. IIFL managed to spread its trading network in more than 4000+ locations if more than 900+ cities in India. Also, the full-service broker holds its services in multiple foreign towns like Hong Kong, Dubai, New York, Singapore, Geneva, Mauritius and London. The key offering of the broker is the research services, Equity and commodity trading. IIFL is a listed broker on BSE (532636) and NSE (INDIA-INFO) for Security Trading. From recent reports it was found that the average daily turnover of the broker is around Rs. 4355 Crores in Equity…
Slave trade was abolished in 1808 Slave trade was abolished in 1808 with the major source of the slavery expansion activities being in the Southern states of the U.S. The northern states had little farming economic activities, as they complied with the law. It was because they saw no need for continuing with the trade as they were less reliant agriculture. Most of the Caribbean nations still under Spanish control also continued practicing the trade, as they also lacked the required labor to support their industries (Eagle 139). The southern American states, Caribbean nations, and the South American nations still supporting the illegal trade did so out of economic survival. Agriculture was the main economic stay of these nations as they exported most of their raw materials to Western Europe that was experiencing industrialization processes. The western European nations needed raw materials for their industries while the countries in the western hemisphere and the southern U.S relied on the export of raw materials to sustain their economies. In the southern American states, over two million Africans were working in the…
HIST 103: Global History in the Modern Era Scarboro (Spring 2020) Section I: Lecture Questions The cold war was a period between the 1947 Truman doctrine up to 1991, where there were tensions between the United States and the Soviet Union and their respective allies, which were the eastern and western blocs after World War II. The US and the Soviet Union were initially allies. They fought together during WWII up until the end of the war when disputes began, particularly over the soviets takeover of the East European states. The Soviet Union and the United States sought to transform Europe into their image by taking over control of Europe after the defeat of Germany. The Soviet Union and the United States fought the cold war in Europe through mutual perception ms of hostility between the military blocs and alliances, and sometimes proxy wars emanated between the allies of the two nations. The front-liners in the cold war were the allies of the USSR and the US, as the two protagonists never fought each other directly. The results were…
legalization of Marijuana and its benefits Introduction Marijuana is a psychotropic substance derived from the Cannabis plant. The active ingredient tetrahydrocannabinol (THC), binds to specific receptors in the brain to produce several results, including a mild sedative effect, lowered inhibition, decreased blood pressure, and increased appetite. The legalization of marijuana has been a controversial issue for state policy change in the past decades. The Federal government classifies marijuana as a Schedule 1 drug, meaning it has no medical value. The use, sale, and possession of marijuana is, therefore, illegal under federal law. Despite this, policies advocating for the legalization of marijuana for both recreational and medicinal purposes continue to be implemented at the state level. Over thirty states have legalized the use of medical marijuana. In legal limits, the substance is used to treat a number of different conditions, including cancer, HIV/AIDS, arthritis, glaucoma, and severe pain (Hill, 2015). Eleven states have legalized its recreational use, allowing residents to purchase the substance from licensed cannabis dispensaries. Oregon was the first state to decriminalize marijuana in 1973, while Washington and Colorado…
Beliefs are practical Beliefs The notion of belief is expressed throughout the films as they address the various species tha tare being poached globally. The idea is depicted in the multiple activities they undertake to directly as well as indirectly protect species of animals. Among those identified include the snow leopards that were determined only to have a population of thirty members globally. Causality, All Matters of Fact-Based on Cause and Effect The notion of causality is also depicted when films address human activities. Most animals becoming endangered or extinct can all source the causality to human activity. For example, the fungal crisis affecting amphibians in South America is due to toads imported into America from South Africa. It is speculated the test subjects escaped and contaminated the environment. Not by reason, but by custom and habit Custom and habit are identified as practices that are responsible for the endangerment or extinction of species. It is factual that there are indigenous communities that have lived together with wildlife. However, the structure of conservationism as developed in the past half-century has…
the statement of financial position A balance sheet, also known as the statement of financial position, shows the financial situation of a business at a particular time. It does this by listing the company’s liabilities, assets, and equity as of a specific moment in time. When the economy is stable, investors are more concerned about companies’ growth in cash flow, earnings, and cash flow. However, in times of crisis, they pay attention to the statement of financial position, and this is because, on normal days, companies are not rewarded by the stock market for keeping in check their debt, pulling up cash for unforeseen calamities, and being overall conservative in their spending. Consequently, during a crisis, as they have now with the coronavirus pandemic, the balance sheet is and will be of importance (Francis & Gryta). Question 2 Companies are now paying attention to the balance sheet during this crisis to track their financial position. Many companies are likely to go bankrupt during or after the pandemic since most of them have spent the last few years using debt to…
Abolishing slave trade Slave trade was abolished in 1808 with the major source of the slavery expansion activities being in the Southern states of the U.S. The northern states had little farming economic activities as they complied with laws. It was because the northern states were less reliant on agriculture, leading to them seeing no need to continue with the trade. Most of the Caribbean nations were still under Spanish control also continued practicing the trade, as they also lacked the required labor to support their industries (Eagle 139). The southern American states, Caribbean nations, and the South American nations still supporting the illegal trade did so out of economic survival. Agriculture was the main economic stay of these nations as they exported most of their raw materials to Western Europe that was experiencing industrialization processes. The western European nations needed raw materials for their industries while the nations in the Western hemisphere and the southern U.S relied on the export of raw materials to sustain their economies. In the southern American states, over two million Africans were working in…
The World Bank and IMF are in Crisis: It’s Time to Push a Radical New Vision The article by David Adler and Yanis Varoufakis was published to indicate the necessity for changes at the mission of the World Bank and the IMF. The publication came at the time when Jim Yong had stepped down as the president of the World Bank three and a half years before completion of his contract. Both the World Bank and the International Monetary Fund (IMF) are the two remaining institutions of the Bretton Woods System that had been established in 1944 after an agreement among the United States, Canada, Western European countries, Japan, and Australia. The system that relied heavily on a fixed exchange rate regime had led to the effectiveness of the capitalist system in the 1950s and 1960s. The system led global finance along ‘Atlanticist’ lines whereby the European countries chose the managing director of the IMF while the U.S. selected the head of the World Bank. The exit of Jim Yong presents the organizations an opportunity to establish a new vision.…
Coronavirus: No infection cases reported in China for second consecutive day, HK Express suspends flights. For the second consecutive day, the Chinese health authorities announced that they did not register new cases of local transmission of the new coronavirus. Still, the increase in imported infections slowed progress in fighting the disease. The death toll in China has also dropped dramatically, and the National Health Commission recorded three fatalities on Friday, the lowest daily balance since it started releasing data on the pandemic in January. In a bleak signal that shows how the crisis has shifted from Asia to Europe, the number of deaths in China, 3,248, was surpassed by Italy on Thursday, where more than 3,400 people died. There have been almost 81,000 infections in China, but less than 7,000 people remain sick with Covid-19. In January, about 56 million people in Hubei province, whose capital is Wuhan, were subjected to a giant quarantine, although authorities have already begun to reduce travel and circulation restrictions gradually. However, China is now concerned about the second wave of infections from abroad, prompting…
Money Laundering The effects of money laundering to the economy can be damaging especially for countries with a weak economy. Money laundering refers to the process of making large amounts look as if they are from a legitimate source while they were generated from illegal activities such as terrorism funding or drug trafficking (European Union, United Kingdom, 2019). The money from criminal activities is considered dirty, and money laundering is done to make it look clean. Money laundering is primarily used by criminal organizations that want to use the money obtained illegally in an effective way. Dealing with a large amount of dirty money is dangerous and ineffective. There is, therefore, a need for the criminals to find a way to be able to deposit the funds in a financial institution. It can only be done if the money seems to come from a legitimate source. The purpose of writing about money laundering is to determine whether the economy of a country can thrive where money laundering is prevalent. It will also help us understand why strict bank regulations put…