In year 2016 the GDP growth rate of India was impressive at 7.1% which was slightly higher than China who’s economy was slowing down since 2014. The Chinese economy had register the annual growth of 6.7% in year 2016 which was the lowest since 1990. So last year Indian economy overtook China for the first […]
Union Budget 2017 and financial prospects for India
The union budge 2017 is likely to be historic for many reasons. Departing from the colonial tradition of presenting the budget on the last day of February the Indian government has taken a decision to present it on 1st of February from now on. The union budget will also comprise of the Rail budget which […]
Forecasting Global Economic Trends in 2017
The year 2016 was a difficult year for global economy. At the start of the year the world bank in its projection expected the global economic growth at the rate of 2.9 percent. But the later the war in Syria and Brexit (the exit of Britain from European Union) brought the state of depression in […]
Demonetization, Modi and Indian Affairs
On the night of 8 November 2016 when Prime Minister Narendra Modi made a surprise announcement about making invalid the use of Rs.1000 and Rs.500 bank notes of Mahatama Gandhi Series, no one had then thought that it would put whole country into an unprecedented financial emergency for many days. As per the Indian finance […]
Planets and Looming Danger of Global Recession in 2016-17
The stock markets around the world have slumped since the start of year 2016. The slide in the price of crude oil has rattled the investors and raised a serious concern about a slow down in the global economy. I have been writing on this subject in my articles for the Hindi News Paper Amar […]
