First China and now Japan is posing a threat to India’s trade balance. India’s trade deficit against Japan nearly doubled in the last seven years from $ 3.53 billion in 2011-12 to $ 6.24 million last year.This must have surprised India’s trade analysts who had expected a different scenario fol...
Does high current account deficit bring down the value of currency? Or does the depreciation of currency raise the current account deficit? Even as India’s policy-makers remain busy finding out the impact of one on another the current account deficit, after remaining low for the last five years, h...
Post-Diwali burning of fire-crackers, Indian cities are facing severe deterioration in air quality. Delhi recorded its worst air quality of the year on the morning after Diwali as the pollution level entered ‘severe-plus emergency’ category. The overall Air Quality Index (AQI) was estimated at 8...
India’s love affair with gold is timeless, spanning centuries and millennia. In India, gold was always and still is, much more than just a precious metal. It is a part of the fabric of our culture and an inseparable part of our belief system. Indian households buy gold in marriages; buy them in fe...
Is the worst for India’s software industry over? The recruitment drive by the top IT companies of the country during the first half of 2018-19 would suggest that probably a silver lining is on the horizon.Indian IT sector that saw rampant job cuts and a slowing down in new recruitment seems to hav...
The continuing trade war between the United States of America and China is concerning the world. The trade war will not only affect China but also the traditional allies of the US. The future of this trade war depends on how bad the protectionism turns and how dire the consequences would be. But it ...
A spate of construction activities, backed by the govern-ment’s push for affordable housing and infrastructure growth, is indicating the revival of India’s real estate sector. The sector is witnessing high growth with the rise in demand for office, as well as, residential spaces. The market size...
Travel and tourism sector is fast becoming an important contributor to economic growth. According to a recent re-port by World Economic Forum (WEF) travel and tourism industry accounts for 10% of global GDP and about 10% of jobs.A huge number of people are travelling around the world – be it for w...
To make agriculture sustainable, the grower has got to be able to make a profit,” Samuel Sharon Farr, an American democratic politician, farm sector’s growth dynamics. In India, every government, irrespective of political hue, agrees with Farr’s observation, talks of farmers’ plight an...
Former Indian Prime Minister Atal Bihari Vajpayee, who passed away at the age of 93 on August 16, 2018, was the forerunner for several socio-economic reforms undertaken by his successors. He continued to liberalise the economy and presented a fresh image of India to the world.Like many popular polit...
