It is proven fact that financial inclusion & financial literacy is an effective way for “Poverty Alleviation”. The objective of financial inclusion is to meet the expectation of the unbanked and excluded, yet silent mass...
Mercantilist (Seventeenth Century) believed the more the gold and silver reserves; the better it was for the nation. The wealth of nations was measured by the greater accumulation of precious metals as per Mercantilists. However,...
The year 2014 is going to be very important for India. That is when the General Elections will take place. The prospects are for a hung Parliament after the elections. The BJP may emerge as...
India’s low tax collections woes and the importance of Indirect taxes on India’s economic problems. Global data compendium CIA World Fact-book puts India’s tax collection at 9.3% of GDP, higher than only Nigeria, Syria, Sudan...
Spain’s government has presented its most pain-free budget in many years, banking on a nascent economic recovery gathering steam in 2014. Nevertheless, Prime Minister Rajoy still needs to dole out some bitter pills. Based on...
Indian locomotive derailed, or a blip, this is a phenomenon that is all makes sense due to the combination of a degraded international environment and a specific business cycle India , what were called the...
In a poll conducted by the Confederation of Indian Industry (CII) of its National Council shows that a majority of chief executive officers (CEOs) are pessimistic about the economic outlook for the country in the...
RBI has slashed lending rate by 50 bps yesterday but today USDINR exchange rate has crossed 51.80 with a low of 51.90. In past one year the exchange rate has hovered in the vicinity of...
Mumbai, December 27, 2011 : We are approaching year end on very diminishing note, whereby every news channel will show statistically how much different scrips had lost in last one calender year, whether it is...
New Delhi, December 23, 2011 : Prime Minister Manmohan Singh has assured Industry leaders about economic reform while meeting his member of council for trade and industries. Corporate leader such as Mukesh Ambani, Ratan Tata,...
Mumbai, December 17, 2011 : Another week has been gone pass and its no different this time, negative news continue to stock mint street and all market be it Equities, Currencies or commodities are making...
Mumbai, December 15, 2011 : The Indian Rupee recovered from the intraday lows on possible RBI intervention.By the time Indian Equity Market closed the rupee was at 53.86 against the dollar, recovering from the intra-day...