Articles in the Economy Category
Economy »
“Dragon and the Elephant” are the most hot economies of the world. Both India and China are taking strides in every sector of economy and growing with an average rate of more than 8.5% per annum. The rapid growth, is backed by Robust market economy infrastructure, Sound financial sector, Strong capital market listing, Rich manpower resource including scientists, engineers, technicians and managers, Rich base of mineral and agricultural resources, Strong consumer base and many more.
True, every country wants to board on the train with destination to India. Due to aforesaid …
Economy »
Been thinking of the impact of India’s economic growth on Tourism? We too!
The developing world has immensely contributed to the economic boost that India is currently enjoying and it’s tourism sector has not been left out of the share of profits either- a major achievement for the image of brand India build up by a successful financial system in place in our country.
Some economists credit this fiscal feature of success of Indian financial system to the income generated by the tourism segment, movements across the cross-section of rising business opportunities, …
Economy »
My knowledge of India had been limited to what I learned about that country from high school and college textbooks. So when I stumbled across Gunjan Bagla’s book on India and began reading, I learned a great deal about India and its role in today’s global economy.
I had no idea there were so many religions practiced in India and had little appreciation for the number of giant American companies, such as General Electric, that are operating very successful ventures in India. I also learned that the litigation is backlogged for …
Economy »
Now, it is everybody’s knowledge that the recession has creeped in. As the governing bodies of respective nations of this world, our governments took many serious measures to accelerate the economies of our nations but the subprime crisis impact was so huge that we have been successful only up to a certain extent. India, as a third-world developing country, has been going great guns for the past few years. Its economic growth has been crossing 8% consistently for the past 2-3 years. Overall, India’s banking fundamentals are strong but still …


