Data and Financial Journalist
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…
LOS CABOS,Mexico A group of Finance Ministers and Central Bank Governors form G20. These are from 20 major economies namely: Mexico, India, USA, UK, Turkey, Argentina, South Africa, Saudi Arabia, EU, France, South Korea, China, Brazil, Australia, Japan, Russia, Germany, Mexico, Canada and Indonesia. The key issues and strategies towards achieving a stable global economy…
Japan faces a history of ten years of repeated recessions followed by stagnation. As a sharp contrast to the stable performance in and before 1980’s, 1990’s was referred to as the “lost decade” by the Japanese. This area is identified as important since Japanese banks, two decades ago, were amongst the strongest in the world…