Economics

Big-Box Retail – Really the pallbearer of doom for local industry & commerce?

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 Technical Trend Analysis

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...

Real Estate Reforms – what to expect in 2013

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...

Recession hits eurozone despite growth in Germany, France

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...

World Bank endorses first grant to Myanmar in 25 years

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...

Bank lending in the eurozone worsens again

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...

Financial Inclusion ICICI, WU & Mastercard way

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...

Germany catches up with top four industrial locations

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...

German insolvencies and liabilities increase

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...

Italy’s sovereign debt bigger than expected

Italy has accumulated more debt in 2011 than previously thought, according to revised figures published by the country’s statistics office. In the eurozone debt ranking, Italy now comes second behind Greece. Italy’s total national debt...

German gender income gap narrows just marginally

The gap in wages and professional income between women and men in Germany has hardly been closing over the past few years, a new study has found. Surprisingly, unequal pay is prevalent in top jobs....

Spanish ‘bad bank’ to be public-private entity

Spain’s Economy Minister Luis de Guindos has told parliament that the ownership of the “bad bank” being set up to absorb sour Spanish estate assets will be split 55- to-45 between private investors and the...