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 […]
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 […]
Global Crisis & India Currently the global economy is undergoing the state of crisis. The recent eurozone second recession coupled with very slow growth in US are a matter of great concern for the growth in future. Amidst such situation, the world is looking up to the emerging economies like that of China, India to […]
Foreign Trade Foreign trade is nothing but trade between the different countries of the world. It is also called as International trade, External trade or Inter-Regional trade. It consists of imports, exports and entrepot. Types of Foreign Trade Import – The inflow of goods in a country is called import trade Export – The outflow […]
While thousands of small solar companies in the world have gone / are going bust on account of massive industry oversupply and crashed solar panel prices, huge state owned Chinese conglomerates / quasi government companies are strengthening their position in the industry. There have been large number of bankruptcies in the West including such stalwarts […]
US Coal Companies are being forced to close coal mines and reduce production because of a massive glut of cheap natural gas and emission standards . Note Coal Disadvantages are much more than that of other fossil fuels making it the dirtiest form of energy. While India and China face massive coal shortages , USA on the other hand faces a glut . Coal has been coming under increasing attact in the West with few new thermal plants being opened and many closed due to tougher pollution standards. Note Clean Coal Technolgies and CCS is being promoted to prolong the use of Coal but they are not getting much traction.