Data and Financial Journalist
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, has uncovered the fact that our economy is facing hard and challenging times. Undoubtedly markets and economy suffers, but to a common man ,directly or…
India faces a financial crisis and falling of our domestic currency ( owing alot to the Euro-crisis) is just one of the indications. In the past year, it has fallen by around 26% affecting the country’s imports.In such cases, only the central bank intervenes and that is exactly what India’s central Bank (RBI) has been…
Last year in November,2011, Indian Banking industry had been downgraded by Standard & Poor’s (S & P) from stable to negative. The US credit crunch and Euro Zone crisis have had a major role to play in the downfall of some of the other major economies in the world.When asked last year on the reaction…
The factors affecting a country’s growth are many depending whether a country is developing, developed or under developed. India is a developing country and is moving fast towards being a developed one. Population plays a vital role in the drawing a difference between a developing and a developed country. Developing countries strive to attain a…