India has a large and diverse agriculture sector and the farm output is one of the highest, making India rank second in the world. States like Punjab, Uttar Pradesh, Madhya Pradesh, Haryana, Bihar, Andhra Pradesh, Maharashtra and West Bengal have contributed significantly in agriculture. However, agriculture sector in India is facing several issues and there […]
Recently the consumer food giant Unilever Plc made an open offer to its Indian subsidiary Hindustan Unilever Ltd. (HUL) to raise its stake to 75%. The stake of 75% will be a result of undoing what government had done decades ago. Decades ago the Indira Gandhi government introduced the Foreign Exchange Regulation Act also known […]
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 […]
Relevance of Capital Markets In today’s global dynamic market, the economic relevance of a Capital Market lies in its effectiveness. It is dependent on how effective the market performs in the two basic functions which are: Facilitating resource raising from community for financing organizations and government activities linked to growth Providing an organized market place […]
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 […]
The State of Bihar, Odisha, Chhattisgarh and Madhya Pradesh Well it might seem shocking but the Indian states of Bihar, Odisha, Chhattisgarh and Madhya Pradesh were once known as “Bimaru” States. Credit goes to the rising population, poor GDP, poor development and infrastructure facilities. In short despite having the resources, the development was a problem […]