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What Happened to the Market in 2008

The year 2008 is known for a significant event in financial history, commonly referred to as the “2008 Financial Crisis” or the “Great Recession.” It was a global economic downturn that originated in the United States and had a profound impact on financial markets worldwide. Here are some key points about the 2008 market:

  1. Trigger: The crisis was triggered by a combination of factors, including the bursting of the U.S. housing bubble, subprime mortgage defaults, and the subsequent collapse of several major financial institutions.
  2. Stock Market: Stock markets experienced a severe decline during this period. In the United States, the Dow Jones Industrial Average (DJIA) and the S&P 500 index both saw significant drops. The global stock markets also faced substantial losses.
  3. Housing Market: The U.S. housing market experienced a substantial decline, leading to a wave of foreclosures and a significant drop in housing prices. This had a negative impact on financial institutions heavily exposed to mortgage-backed securities.
  4. Bank Failures: Several prominent financial institutions faced severe financial distress or collapsed entirely, including Lehman Brothers, Bear Stearns, and Washington Mutual. This led to a loss of confidence in the financial sector and further intensified the crisis.
  5. Government Intervention: To stabilize the markets and prevent a complete collapse of the financial system, governments around the world implemented various measures. These included bailouts of troubled financial institutions, stimulus packages, and interest rate cuts by central banks.
  6. Global Economic Impact: The 2008 financial crisis had far-reaching consequences beyond the financial sector. It resulted in a global recession, high unemployment rates, and a slowdown in economic growth in many countries. The effects were felt across multiple industries and had a significant impact on individuals and businesses worldwide.

Some of the Key factors of 2008 Financial Crisis

It is not accurate to attribute the crisis to a single individual or entity. However, here are some key factors and contributors to the 2008 financial crisis:

  1. Subprime Mortgages: One of the main catalysts of the crisis was the proliferation of risky subprime mortgages. These mortgages were extended to borrowers with poor creditworthiness and had higher default rates than traditional mortgages.
  2. Financial Institutions: Several major financial institutions played a role in the crisis. Some of them, such as Lehman Brothers, Bear Stearns, and Merrill Lynch, had significant exposure to subprime mortgages and related securities. The collapse or near-collapse of these institutions had a severe impact on the financial system.
  3. Mortgage Lenders: Mortgage lenders who originated subprime mortgages, including both banks and non-bank lenders, contributed to the crisis by offering loans to borrowers who were unable to repay them. These loans were then packaged into complex financial products known as mortgage-backed securities (MBS) and sold to investors.
  4. Credit Rating Agencies: Credit rating agencies, which assign ratings to financial products, failed to adequately assess the risks associated with mortgage-backed securities and other complex financial instruments. They assigned high ratings to many securities that ultimately suffered significant losses.
  5. Regulatory Failure: Some critics argue that regulatory bodies, including the U.S. Securities and Exchange Commission (SEC) and the Federal Reserve, did not effectively supervise and regulate the financial industry. They failed to identify and address the risks and vulnerabilities that ultimately led to the crisis.

What is Inflation? Inflation Worries 2023

Inflation refers to the general increase in the prices of goods and services over time, resulting in a decrease in the purchasing power of currency. In other words, inflation means that the same amount of money can buy less than it could in the past. It is measured as the percentage change in the Consumer Price Index (CPI), which is a basket of goods and services that are commonly purchased by households.

Inflation can be caused by a variety of factors, such as an increase in demand for goods and services, a decrease in the supply of goods and services, changes in government policies, and changes in the value of currency. High and persistent inflation can have negative effects on an economy, such as reducing the value of savings and fixed-income assets, making borrowing more expensive, and potentially leading to a decrease in investment and economic growth.

Inflation worries

Inflation worries can arise when there is a sustained increase in the prices of goods and services, which can reduce the purchasing power of consumers and potentially lead to other economic problems.

In 2023, if inflation concerns were to arise, it would likely be due to a combination of factors such as changes in consumer demand, fluctuations in the supply of goods and services, global economic conditions, and changes in monetary or fiscal policies. Central banks and governments may implement various measures such as adjusting interest rates or implementing fiscal policies to stabilize prices and control inflation.

It is important to note that some level of inflation is considered normal in a healthy economy, and a small amount of inflation can even be desirable as it encourages spending and investment. However, high or rapidly increasing inflation can be a cause for concern and may require intervention from policymakers.

Inflation can have a significant impact on businesses in a variety of ways. Here are some examples:

  1. Increased costs: As the prices of goods and services rise, businesses may face higher costs for raw materials, labor, and other inputs. This can eat into profit margins and make it more difficult to operate efficiently.
  2. Reduced consumer demand: When inflation occurs, consumers may have less money to spend on discretionary items, as the cost of necessities such as food and housing increase. This can lead to reduced demand for non-essential goods and services, which can impact businesses that rely on consumer spending.
  3. Pricing pressures: Businesses may feel pressure to raise their own prices in response to inflation, in order to maintain profit margins. However, if consumers are unable or unwilling to pay higher prices, this can lead to decreased sales.
  4. Uncertainty: Inflation can create economic uncertainty, which can make it difficult for businesses to plan and invest for the future. If inflation is high or volatile, businesses may be hesitant to make long-term investments or take on new projects.

Overall, inflation can make it more challenging for businesses to operate effectively and can lead to decreased profitability and reduced growth opportunities. It is important for businesses to monitor inflation trends and adjust their strategies as needed to adapt to changing economic conditions.

Classified Platforms

How classified Ad platforms help Businesses to Grow? What are the Best Websites to advertise your Brand in India?

With time, techniques of marketing have changed a lot. In this modern era of technology, classified websites are getting more recognition among business entrepreneurs as compared to traditional mediums of advertisement. It has become a popular strategy of digital marketing not only in India but all over the earth, too. The reason behind it is quite easy, and that is, people are using the internet to search for products and services on a regional level.   

How Classified Ad platforms help people in boosting the sale of products?

Usually, the classified ad mediums help individuals in listing products and services for sale and purchase, and anyone can do this free of cost. However, there are some excellent options for creating a list, which is remarkably helpful in promoting your business, and you can have a plethora of perks by giving a short amount. Moreover, buyers can view your product details without registration, and it is quite convenient for both parties, to be honest. Buyers can also contact a seller directly.

What are the best Classified Ad platforms to advertise your business in India?

Here is the list of five best-classified ad platforms that can help in growing your business through advertisement in India. Check them out!

  • LetGo (OLX)

In the subcontinent, the word “baich de” is quite popular among every generation, and it’s all because of excellent marketing strategies of the website, LetGo, as known as OLX. It hosts free user-generated ads, and you can generate advertisements of any category, including personals, pets, cars, housing, jobs, furniture, makeup products, and many more. 

If you want to sell something on OLX, you can even put an image of the product, and personalize it as per your taste.

  • Facebook

Facebook Market Place is one of the best choice for showcase your second hand items and services online. There are yet some search issues with this FB feature, but still it a worth.

  • Indiamart

One of the top business promoters in India. Indiamart IPO came to Stock Market recently and it is one of the best growing paid business promotion platforms in India.

  • Quikr

One of the top-notch classified ad websites in India, Quikr has more than one million visitors on its site, and it is because of its quality system. It is best known for selling old stuff to get a better price in return. 

  • Sulekha Classifieds

Launched in 2007, Sulekha Classifieds is the best website for posting ads related to automobiles, real estate, electronics, etc. It will work great for you if you’re living in the metropolitan areas of the country, including Mumbai, Hyderabad, Pune, Kolkata, and Chennai.

  • ABIE.in

ABIE.in is new in this category, where you can sell and buy products from different categories, including Arts & Crafts, Jobs in India, Furniture, Real State, Electronics, ads related to Matrimony, Services, Automobile, and a lot more. If you’re living in India, it will help you in promoting your business effectively, so try it for sure. So start Submit-Listing for free.

  • Click In

One of the top priorities of young graduates, who are looking for jobs, Click In is a classified ad website aiming to find perfect matches for the young talent. Most probably, it is the best site for posting job relating ads, and you can do it without paying a single penny.

  • Craigslist India

One among the most popular classified ad websites in India, Craigslist is a free platform, where you can advertise your products without any difficulty, and on the site, you will have different sections devoted to various domains. The segments include housing, jobs, gigs, services, personals, community, discussion forums, and events. Even though the user interface is quite slow or outdated, however, it still has a significant influence on advertisement in the relevant market. Craigslist in India is present in over 15 cities.

  • Locanto India

Famous in metropolitan cities of the country, Locanto India is another trustworthy classified website that first came into existence in 2006, and it allows people to post unlimited ads for different countries and locations in the universe. However, community ads are most popular on this site. 

  • India Dynamics

One of the top-rated classified websites in India is none other than India Dynamics, which is best for posting ads related to jobs, and especially, IT jobs, and it first got recognition after its launch in 2006. Moreover, it works in over 20 cities of the country, and you can create and post ads for free. So, try it. 

So, these are the significant websites that encourage all the businessmen to come out and promote their businesses in India, with the best advertising strategies, and you should consider them while making any strategic plan for your company. 

Chickpeas Commodity

What is the Demand for Chana (Chickpea) Commodity, and Which Companies are Dealing with Chana?

Chickpea, popularly known as Chana, is one of the most desiring pulses in the Subcontinent. The highly essential Rabi crop is down during the time of October to November, but it harvests from February to March. India is one of the largest users of Chana, and the ruling producers are Madhya Pradesh, Karnataka, Rajasthan, Andhra Pradesh, and Uttar Pradesh. 

The Demand of Chana Commodity

Todays(06/06/2021) value of Chana Gram is 5,177 and in a down trend. But In 2021 due to unseasonsal rains, lower carry forward stocks did a good impact in the price of Chana. on 2021 April Chana price went to 5777.67 Inr.

In 2019, the subnormal growth demand of Chana and a proportionate supply of it force the market to lower the trade level. According to the statistics, Chana Gram price was at INR 4,200 to 4250 a quintal, while on the other hand, Desi Chana rate was INR 4,150 in the Indian markets. When it comes to Vishal Chana, per quintal price rate was 4,100 Indian rupees.

When we look at the Stats, we know that since the start of December 2018, the future of Chana has seen under pressure. As per the reports of the National Commodities and Derivative Exchange (NCDEX), the price level for Chana commodity fell about 6.7 percent till date.

 The reason for low price rate of Chana commodity is because the output came in higher during the last two years by producing and importing a high amount of the product. As per the records, India imported over 31 lac tonnes of the commodity in the past three years. Moreover, the supply (100 tonnes) raised more than the consumption (70-75 tonnes), which results in the fall of the Chana demand.  

Companies that are dealing with Chana (Chickpea) Commodity

India is the biggest importer of Chana, and it imports Kala Chana, Split Chana, and other types of the product from many countries like Pakistan, Australia, Myanmar, United Arab Emirates, Kenya, etc. As e-commerce is popular more across the globe, you can buy any variety of Chana from one of the largest online store, indiamart.com. Moreover, you can also buy from another accredited e-commerce website, Amazon. If you don’t want to buy from the site, then go for the Indian domestic markets, and you will get high-quality Chana from there.

What are the famous Chana Dishes in India?

In India, there is a diversity in the dishes of Chana, and people love to make different types of it with the use of local masala (Spices). Whether you like Kala Chana, Chana Dal, Chana (Chickpea) Curry, White Chana, or others that can serve with either rice or Roti (tortilla), you can find the variety of the dishes in almost every traditional restaurant of the country.