Availability of Cheap Labor and Technological Advancement leads to Joblessness Labor around the world has got squeezed by multiple forces beyond its control. The relentless and rapid technological development along with globalization has pauperized the low skilled workforce around the world. Companies and top management are continuously squeezing the workforce to extract the last drop […]

Economic Indicators An economic indicator is a statistic about the economy. It helps in analysis of economic performance and predictions of future performance. It includes various indices, earnings reports, and economic summaries. For example: unemployment rate, CPI, industrial production, GDP, money supply etc. Types of Economic Indicators The indicators helps in assessing the future prospects for the economy and also helps the stakeholders of the […]

 Major Developments Post Policy Change of 1990 There is hardly any aspect of economic life which is not altered since the inception of the new policy in the year 1990’s. The twin forces of globalization and deregulation have breathed a new life full of motivation and energy to private business. The most important aspect of […]

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 […]

Globalization Globalization refers to the increasingly global relationships of culture, people and economic activity. Most often, it refers to economics: the global distribution of the production of goods and services, through reduction of barriers to international trade such as tariffs, export fees, and import quotas. Globalization accompanied and allegedly contributed to economic growth in developed and developing countries through […]

Food prices have increased rapidly in the last 5 years after a long secular decline in food prices relative to world income. Not only have prices of essentials increased but heightened volatility is also being witnessed as stocks have started to run low. Now major organizations like the United Nations and Goldman Sachs are warning […]