Economic Survey – Facts The pre-budget Economic survey gave a rosy picture indicating the return of happy days for the economy. The GDP growth will take up the momentum to reach somewhere between 6.1% and 6.7% in 2013-14, higher than the current level of 5%. The survey indicated WPI Inflation to fall to 6.2-6.6% by […]

In today’s random and dynamic world, investment is regarded as one of the key methods of saving one’s life. People invest in financial instruments so as to safeguard their future and meet any unforeseen requirement which may arise in future. It is needless to say that the global financial market has evolved a long way […]

When talking of the commodities we should not forget the most important Non Agri Commodity which is Crude Oil, Thermal Coal, Brent Crude Oil, Gasoline, Natural Gas, Heating Oil of which Crude Oil is the most important. It is rightly said that: “Next world war will be for crude, energy resources” With Globalization becoming the […]

Commodity Market Two of the most respected market analysts have radically opposite positions on where the commodity cycle is right now. While Michael Pettis thinks that the commodity cycle has peaked and hard commodities will crash by 2015, Grantham thinks there has been a paradigm change in commodities which will keep on increasing in price. […]

MCX, NSE, BSE – Stock Exchange Wars A major price war has started between the stock exchanges in India with MCX sharply cutting the prices of transactions on its equity cash and futures platform to lure traders and brokers from the market leaders NSE and BSE. The Financial Technologies owned MCX-SX has also reduced the […]

The rising income inequality throughout the world is sowing seeds of dystopia according to a report released by World Economic Forum. The biggest risk amongst the 50 risks listed is the increasing wealth gap between individuals in all countries. Gini’s coefficient has risen in most countries developing as well as developed and this has a strong correlation to globalization. The global artitrage of labor has tilted the scales towards capital and increasingly made wages become stagnant. Developing countries with weak institutions are showing income inequality in horrific forms with $2 billion homes existing in the middle of millions surviving on less than $2 day. US has already seen the OWS movement as a result of this increasing income gap between the have and have nots. Middle Eastern countries have also seen revolutions brought upon by the massive riches of the elite compared to the rising poverty of the poor and even the middle classes.