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, …
It’s been a week of unexpectedly bad news for the UK economy. Inflation was higher than expected 3.6% and core inflation 4.3%. Unemployment was also higher than expected, and that is after last weeks economic growth was lower than predicted – a 2nd month of negative growth. It is only a matter of time before …
Africa's Population Will Soar – Europe's Will CollapseWatch this video on YouTube A Huge Shift in Global Population is Coming – Africa To Overtake Europe. The world is going to change dramatically over the next 50 years. Currently, Africa has around 18% of the global population, but by the end of the century, this …
In the post-war period, there has been a relative decline in the size of UK manufacturing. UK manufacturing used to account for over 50% of the size of the economy. Now, manufacturing accounts for around 12-15%. However, although there has been a degree of ‘de-industrialisation’ the UK still produces more in absolute terms than previously. …