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 […]