Distribution of Funds between the Centre & the States The financial federalism in India works mainly in favor of the Central Government and ensures central government collects heavily than its spending. The government collection is transferred to various states under the head of financial assistance/resource from Central Government. The union budget has huge implications for […]

Coal Deaths in India India gets more than 50% of its energy requirements from coal, of which the country has got billions of tons in reserves. Coal is used for most of the power generation in the country despite its pernicious effects on human health and the environment. Coal is responsible not only for thousands […]

Social Networking for Companies Of late, there has been much hoopla around the world about the increasing use of web for the development of the business. The social networking sites in particular have become the mandatory medium of communication from the companies to the customers. Also the growing social media is acting as a critical […]

Indian Pension Industry Facts and figures show that there are over 80 million elderly people in India and the segment is growing at a rate of 3.8% per annum, which is well high as compared to the rate at which the rest of the Indian population is growing. The rest population is growing at the […]

Suntech Debt Default Suntech (STP) which is one of the worst managed solar companies in the industry has been going through tumultuous times after it got entangled in a multi-million dollar fraud and firing its chairman and founder Zhengrong shi. The company now has defaulted on $541 million convertible debt, which came up for redemption […]

Apple from Bear to Bull Apple (AAPL) sentiment was changed from being bearish to bullish, after its sharp stock price correction and negative sentiment towards the stock. The biggest risk is that Apple is facing increased competition in its core business segments of smartphones and tablets. Smartphone competitors like Sony (SNE), HTC, Samsung have also […]