India imports billions of dollars of goods and services despite having the resources and manpower to manufacture the goods/services at lower costs on its shores. India’s malfunctioning and corrupt governance is the chief cause of India’s current state, where the currency is in a free fall as imports far exceed exports. India has one of [...]

Indian Education Industry Literacy in India is one of the key deterrents to socioeconomic progress of the country. The Indian literacy rate currently stands at 74%, which is very well below the world average literacy rate of 84%. In India the median age is 25 years, which results in over 550 million people below the [...]

Global Unemployment The phenomenon of growing unemployment across the world has become a regular feature across daily news stories. This is not restricted to one nation or region but seems to be happening across all countries. Higher structural unemployment has become an accepted fact. Some countries like Greece, Portugal and Spain are seeing depression like [...]

International Business After globalization becoming the buzzword in today’s world, international business has given a new shape and has also created a new dimension in the world of business as in how the business is carried out. In a layman’s word International Business is related to the business which is carried out internationally. Formally it is [...]

Is student Loan really the cause of next financial crisis The question might seem a little absurd, but it’s worth taking a look. It is reported that over $120 Billion in Federal Student Loans is in default and thus it can be the reason for the next financial crisis globally. One question that has always [...]

Globalization refers to the increase in international trade & commerce amongst the different countries, through the  reduction of geographic barriers. With the rapid innovation of smart technology, there has been a rapid increase in trade & economic activities all around the globe in the recent times. There is a free flow of goods, capital, services [...]