Archive for Economy

Indian Banking Sector

Oct 21, 2013 No Comments

  The total worth of Indian banking sector is $1.3 trillion. India has a total of 87 commercial banks. The total deposits in these banks are about $1.21 trillion as on May 31, 2013. Out of these 87 commercial banks, 26 are public sector banks which constitute about 70% of the banking sector. Other than […]

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Food Security Bill

Oct 20, 2013 3 Comments

  The Food Security Bill is a bill for consideration before the Government of India. The bill aims to provide subsidized food grain to around 67 percent of India’s 1.2 billion people. The bill is to provide for food and nutritional security in human life cycle approach, by ensuring access to adequate quantity and quality food at affordable […]

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Saudi Arabia: The oil giant

Oct 19, 2013 No Comments

                  Saudi Arabia is an Islamic country situated in Middle East Asia. It is a neighbor to other Middle Eastern countries like Israel, Jordan, Iraq, Kuwait, Qatar, United Arab Emirates, Oman, and Yemen. Some factors contribute for its name ‘The oil giant’ like, it is the largest exporter oil in the world, it is […]

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Role of New Age Entrepreneurs in Shaping India

Oct 15, 2013 No Comments

Entrepreneurship, this indeed emphasizes innovativeness. The act and art of undertaking innovations, starting up new firms to transform innovations into economic goods defines an entrepreneur. Entrepreneurship education for the new age is very necessary as India has a huge population, within it, a swelling number of young people. Hence shaping them in a better way […]

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Emerging Economies’ Misinsurance Problem

Oct 15, 2013 No Comments

  LONDON – Over the last decade, America’s expansionary monetary policy and China’s rapid growth have been the two key drivers of global financial flows. Now, both dynamics are being reversed, generating new risks for the global economy – particularly for emerging countries. Whether they can cope with these changes will depend on whether they […]

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US Shutdown

Oct 14, 2013 11 Comments

  So, let’s first understand why does the US government shut down? The Federal Reserve needs money to carry on these operations. The US budget year begins on 1st October. So, the Congress needs to approve laws, known as appropriations that provide money for federal agencies. This time Congress has not passed even a single […]

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Special Economic Zone

Oct 12, 2013 1 Comment

 SEZ and their impact on Indian Economy   India was one of the first countries in Asia to recognize the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia’s first EPZ set up in Kandla in 1965 .SEZs are duty free areas for the purpose of trade, operations, duty and tariffs. […]

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Current Account Deficit

Oct 12, 2013 3 Comments

  Current Account Deficit – Is it worth the hype? As on Aug 2013, The markets have fallen about 13% in past 1 month. This has been primarily blamed on increasing Current Account Deficit (CAD). It is worth to ponder over that whether this is the correct reason or we have made CAD the escape […]

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