Data and Financial Journalist
The new state government in Delhi, Aam Aadmi Party( AAP) has blocked retail FDI in Delhi thus disappointing many industrialist, Investors, political parties and maybe even farmers who are longing for fair prices for the products sold by them to the middlemen.The article focuses the basics of FDIs and argues the step taken by the State Government of Delhi.
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.
India has one of the largest and fastest growing economes. It is one of the members of BRICS and forms a part of G-20. With a huge population, India now faces a high Inflation rate of 9.39% (CPI) as in April 2013 and a high CAD (Current Account Deficit). Eurozone crisis and in-house politics worsen matters further. Is all well in India? A brief & closer look at what is happening.
With the financial turmoil all across economies, Brazil, Russia, India, China and South Africa( popularly known as BRICS) remain the largest contributor in the world’s GDP i.e. 25% of global GDP and also 40% of the world’s population. With the recent meet in Durban, many contrast views have been expressed regarding to the aims and objectives of BRICS and whether it will be big as G7 by 2025 This article highlights a review on the same and its comparison to the Euro zone.