In 2012, Joseph Stiglitz, the 2001 Nobel Laureate, one of the world’s foremost thinkers in contemporary economics, author of the 2012 best-seller titled “The Price of Inequality” was quoted in the New York Times as...
Infrastructure development finance corporation (IDFC) was formed in 1997 with the major objective of securing private capital for commercially viable infrastructure projects. The company was notified as a public financial institution in 1999. The company...
The Brent crude oil price have held 112USD a barrel on support from upbeat manufacturing data from china & Germany. Though Brent has been trading sideways from USD 115-107. A stronger dollar has been though...
Earlier, I have touched upon a few ‘enablers’ that retailers would expect to be in place – added to it are larger questions around the lack of clean, effective and accountable governance that is not...
Nifty is making new highs every week and touched a yearly high of 6101 on 22nd January 2013. In nifty daily chart one can observe many trend lines from left to right. On the left...
The year 2013 is expected to be a landmark year as far as reforms in the real estate sector are concerned. Some of the major reforms initiated in the previous years are likely to be...
A slight expansion of economic activity in Germany and France couldn’t save the eurozone from a second recession in four years. The serious slump in the area’s southern periphery gives little hope for a recovery...
The World Bank has approved a multi-million-dollar grant for Myanmar to support reform endeavors in the country formally known as Burma. It’s the first financial aid provided to the nation in over two decades. The...
The eurozone banks’ lending activities have slowed down even more, with private households and companies facing difficulties to take out loans. ECB counter-measures have so far failed to improve the situation. Bank lending to the...
In a major push to Financial inclusion, Private sector banking major ICICI Bank, Instant remittance major – Western Union and Payment gateway technology specialist – MasterCard today launched a co-branded prepaid card. The uniqueness of...
Improvements in infrastructure and stable energy supplies have helped Germany gain ground as a top industrial location in the world. According to a new study, it now takes fifth place in global rankings. Germanyedged closer...
Statisticians have warned the number of both corporate and household insolvencies is on the rise again in Germany. But an independent study by an insurance group shows neighboring France has been doing even worse. Over...