Data and Financial Journalist
This article focuses on three economies that have been discussed a lot lately : India, China & USA. India and China are considered as emerging economies but have issues like population and poverty. We compare India & China to USA using IMF reports released in April, 2014 and information provided in Index of Economic Freedom, an annual guide published by The Wall Street Journal ,IMF data and The Heritage Foundation.
2014 witnesses general election in nine phases in India. Of course, no party ever wins with a majority and usually alliances form the government. However, the battle amongst Indian National Congress (Congress), Bhartiya Janata Party (BJP) & debutant Aam Aadmi Party (AAP) has created headlines. Indian markets keep a close watch on may 16 since it will decide the fate of the country.
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.