Readers Question: What would happen if India was the only exporter of gold? India would have a monopoly in the export of gold. Given the recent increase in the price of gold, this would lead to a significant increase in foreign exchange earnings for India. If the export of gold was controlled by India, it …
Readers Question: What is Sensex and impact on economy? The Sensex is the leading measure for the Indian Stock Market. It is based on the 30 Largest trading companies on the Bombay Stock Exchange BSE (India’s primary financial market) Like other indexes, the Sensex is recalculated at various times to change the 30 largest trading …
Readers Question: what are the causes of recession in india now a days? India is not in a recession. What is happening is that the growth rate is slowing down from 7% a year to an estimated 5.5% to 6.5% (link) India’s economy has been slowing down because: Fall in exports to US, Europe and …
After several years of rapid growth, 2009, will prove a testing year for India. Inflation Inflation continues to pose a threat. Inflation peaked at 12% in early August ’08. Inflation, is being caused by rapid growth (demand pull factors) but, also the cost push inflation factors (rising oil prices). Hopefully, the fall in oil prices …
Indian Economy 2009 Behind China, India is the second fastest growing economy. According to a survey by Goldman Sachs, India will become the 3rd largest economy by 2035. This is measured in $US. If we use PPP (purchasing power parity) which takes into account local purchasing power, India already has the 3rd largest economy. However, …
“Once they enter the workplace, the British are among the worst idlers in the world,” A quote from Britannia Unchained by Liz Truss, Dominic Raab and Kwasi Kwarteng. It’s the kind of lazy comment you might hear down the pub, but given the UK’s poor economic productivity is it valid to question a nation’s approach …
Japan is the 4th largest economy in the world. It is a leader in electronic innovation, high-speed trains and robots. Yet, in the past two decades, it has seen an unprecedented decline in real wages. Whilst most economies have been trying to reduce inflation, Japan has been desperately trying to do the opposite – to …
Is American Economy Now Set to Decline?Watch this video on YouTube The US economy has been outperforming the rest of the world. It has left the European economy in the dust. In the 1990s with everyone buying a Sony Walkman, it was Japan which was going to overtake the US, but it never did. The …