Indian Economy Slightly Better Poised than other Emerging Economies

20 Nov
2008

by Rishabh Srivastava | Tags: ,

THE WORST ever financial crisis to have ravaged the United States since the Great Depression of 1930s, has taken a heavy toll on the world’s largest economy. There is rise in the number of job layoffs and cost cutting. In fact, all the economies of the world are facing crisis to tackle this global meltdown. [...]

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Indian Subcontinent after 61 years

12 Aug
2008

by Rishabh Srivastava | Tags: , , , , , ,

INDIA WAS divided in 1947. Sixty one years have passed since then, but still the countries of the subcontinent especially Pakistan, India and Bangladesh have still not been able to deal with their internal problems and security issues. British divided India into Dominion of Pakistan and Union of India before leaving the country. This was [...]

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India Starving on Mountain of Grains

10 Jul
2008

by Rishabh Srivastava | Tags: , , , ,

The economists have predicted a growth rate of over nine per cent for India in the years to come. It is heartening to see that we are making progress. But one thing that I am unsure of is the implication of this growth rate.
Statistics and numbers are like mini skirts; they reveal a lot but [...]

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India has no credentials to pontificate!

16 Jun
2008

by shishir | Tags: , , , , ,

The disparity between the two sides of India is appalling, to say the least. One side is witnessing sky-rocketing growth, while the other side is ebbing away. The India of today needs to be transformed into a powerful ‘people’s India of tomorrow’.
RECENTLY, FORBES came out with a list of the richest billionaires in the world. [...]

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Inflation and the stupid Economist

13 Jun
2008

by falcon | Tags: , ,

Child Psychologists say that a man who has got 20 years of formal education, has irrevocably lost or damaged 70% of his IQ. I have completed 18 years of formal education by 10 + 2 + 4 years (and 2 years in kinder garden) so I must have lost 63% of my IQ. Hence I [...]

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Middle Class: Economy Driver of India

30 May
2008

by Rishabh Srivastava | Tags: , , ,

Aristotle once said, “A good society is one where the middle class out numbers every one else.” And India is gearing forward to scale this height by 2025. The once upon a time middle class is playing weighing machine for the rest of India.
The Indian economy has been doing fairly well for the last few [...]

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Agriculture And Indian Economy.

27 Apr
2008

by shishir | Tags: , , , , ,

AMIDST ALL the software and the IT boom, the one sector that has been most ignored is the agriculture sector. What used to form the backbone of the Indian Economy is not being given enough privileges by the government now. The sensex and certain sectors of the economy have seen unprecedented growth, but yet the [...]

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The “Inflation” Effect

25 Apr
2008

by Rishabh Srivastava | Tags: , , , , ,

The United Progressive Alliance (UPA) has completed almost four years in the office. Kudos to them for providing a stable government so far. The growth rate has been approximately 8.5 per cent according to the various reports. I don’t know what exactly this term “growth rate” means, but I have observed many changes in my [...]

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Budget 2008: An Overview

08 Feb
2008

by sanjay | Tags: , , , , , , ,

Budget 2008 will the fifth and final budget of the UPA government.With both UPA and NDA gearing up for the general elections in 2009,the demands to make the budget compatible with the ruling party’s political calculations are natural. Political compulsions to present a people-friendly budget will deter finance minister P [...]

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Taj Mahal refuses American Dollars

23 Dec
2007

by shishir | Tags: , , , , ,

The Taj Mahal, one of the new Seven Wonders of the World and a symbol of eternal love in Agra, has recently announced that it would not accept dollars from visitors. The Taj is the most visited tourist destination in India. Currently about 30 lakh visitors visit this holy shrine every year and this number [...]

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