Data and Financial Journalist
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.
From 1980 to 2012, India’s economy has come a long way. The regulatory structure of the economy and many sectors have seen a vast change. Along with a prominent services sector, the financial markets have developed too.They are more cushioned than before to face triggers in the economy.Foreign exchange reserves are larger and exchange rates…
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…