The global economy is slowing down. Will it fall further? The International Monetary Fund’s (IMF) new Managing Director, Kristalina Georgieva, warned that the slowdown is posing a “serious risk”. The IMF has downgraded the global GDP growth to 3% for 2019 - the slowest since the global financi...
UKThe Gross Domestic Product (GDP) –EUR 522,247 million GDP from Agriculture - GBP 3003 millionGross Domestic Product Growth Rate – 1.8% GDP from Manufacturing- GBP 45925 millionUnemployment rate - 3.8%Trade Deficit - GBP 3.36 billionTop five trading partnersUnited States: US$65.3 billion (13.4%...
The ongoing US-China trade war had its origin in 2012. It began then as a “cold war”, well before Donald Trump became the US President. The US began to experience growing imbalances from 2012 in its trade with the rest of the world, especially China. It was alleged that China was deliberately ke...
The verdict given by the people of the United Kingdom in 2016 in favour of quitting the European Union (EU) is popularly known as ‘Brexit’. People who voted for Brexit argued that it was because of the adoption of erratic neo-liberal policies that had led to livelihood crises.The EU that came in...
India’s trade deficit has hit a seven-month low. The trade deficit for September 2019 was estimated at $10.86 billion as against a deficit of $14.95 billion in September 2018. Exports shrank by 6.57% to reach $26.03 billion while imports declined by 13.85% to reach $36.89 billion, indicating a slu...
Prof. Anup SinhaDirector, HeritageBusiness School, Kolkata, Chairman, Bandhan Bank, and former professorIIM, CalcuttaAny big innovations can reverse the slowdown of the global economyThe proponents of economic globalisation in the late twentieth century thought that after the liberalisation of econo...
To Prabuddha, scanning of bar codes of products while billing was a common sight at large retail stores. However, he was a bit surprised when he saw his neighbour scanning a QR code and paying at a mom and pop grocery shop. It was 2010. Paytm arrived in the Indian market.QR codes or Quick Response c...
The present trend of the world economy seems to move towards ‘anti-globalisation’. With an average growth rate of just 3.5%, countries seem to think more about their own welfare than the world as a whole. The Brexit is a clear example of this. A natural corollary is the increasing interest ...
The Vedic Dharma is synonymous with Sanatana Dharma. The Sanatana Dharma is an eternal, ever-existent system. It is dedicated to the reality of universal unity on the basis of One Supreme Manager and Regulator – Brahmanda. He is the Eternal Authority and the Absolute Truth and addressed by countle...
Some of our judges are now beginning to understand what animal cruelty does to a nation and act on it. Acting Chief Justice of Punjab and Haryana High Court, Honourable Justice Rajeev Sharma, has written some of the finest judgements on animal cruelty. These should be taught to all judges who ...