China’s leaders now aim to transform China into one of the world’s leading industrial powers by 2045 and for this, a new business model will be designed. By doing this, it aims to reduce and eventually overcome the country’s dependence on cheap manufacturing and instead focus on advanced industrial goods for markets. Not only this, China has for long been building knowledge-based economy, driven purely by innovation and domestic consumption. But its real estate sector still consists of ghost towns and dozens of unleased commercial spaces.
Right investments in 2014 are important to an Indian investor or NRIs looking to invest in India. With inflation, volatile markets and political instability, as portfolio should have enough room for savings and a long term return. This article focuses on the different areas to invest in.Having said that, it should be kept in mind that all investments are subject to market risks.
2014 is definitely a year to watch out for especially for those who have a kept a keen eye on Indian markets and have wondered the fate of the Indian Rupee.Well, amidst all the economic mayhem, 2014 is also important politically.Reason: it’s the election year. 2014 is a bit different than any other election year held before. This is because India is going through an economic reform process.
This article focusses on how a fall in the rupee can affect the budget of an Indian & a Non Resident Indian. A fall in the domestic currency works in opposite directions for the a resident and a non resident.
A fall of domestic currency means alot to the associated country’s economy and its people. In recent times, huge fluctuations and a constant drop in the Indian currency, the Rupee, Continue Reading