The Chandrayaan-1 has finally soared into the skies and with this, India’s dream to be a step closer to moon has been accomplished. After the launch of Chandrayaan on Wednesday 22 October, 2008 India has now finally joined the elite club of moon probing countries More..
Obama once spoke about his admiration for Mahatma Gandhi. He also added that the portrait of this great man hangs prominently in his Senate office. But in the today, when this admirer has been elected as the American president, will he harm the nation which was as dear as a child to his role model? More..
Economic inflation is on everybody’s mind, and everybody is worried about the escalating economic recession. Government and RBI, are taking up measures on a continuous basis to carve off economic inflation level. The growth rate of the Indian economy More..
The Indian economy ranks third in the list of world economies in terms of purchasing power and is entitled the fastest growing economy of the world. Goldman Sachs, the Global Investment Bank predicted that by the year 2035, the Indian economy be the third largest economy in the world and would grow to 60% of size of the US economy. More..
A Command Economy or a Planned Economy is one that is completely and directly controlled by centralized federal government. In this type of economy, the coordination of various economic activities is undertaken through administrative methods More..
Mexican economy can be graded as one of the growing and successful economy of North America. It is listed on the twelfth position among the top economies of the world. Mexico economy is a free market economy having its trading agreements with some big economies like Canada and US. More..
The highly competitive and extensive banking sector of US had gone through a series of transformations and a number of laws passed by both the federal as well as state government. More..
The value of any currency in an economy is hard to bet, to be stable for a long period of time as there are number of factor influencing its appreciation and the depreciation. The currency value of an economy influences the growth rate of GDP in an economy. More..
UK economy is tagged as one of the five largest economies of the world. The major sources that generate and add up to the GDP growth rate are the business and financial service sectors. More..
The Australian economy is considered to be a strong economy as it has experienced various positive reforms over the last two decades that have boosted its economy and shown a tremendous improvement and economic growth. More..
For a number of years the world’s largest economy and the world’s most dynamic economy had strained and cold economic relations prevailing between them. More..
After years of efforts to eradicate poverty in the third world economies, the Grameen bank has finally come up with certain helpful policies for the poor and needy section of the economy. More..
An open economy is a type of economy that is largely free from all trade restrictions and allows unbound trade practices with other economies of the world. More..
Japanese economy is tagged as one of the leading economies of the world that stands second in the list. Its high-tech expertise and high quality products are famous worldwide that make this economy a major More..
In this critical state of depression, Indian economy has still managed leading the list of developing countries that bestows healthier business opportunities even in this tough time. It came as a surprise to some that according to a recent Indian economy analyst's More..
Recession in an economy, in general terms is described as a situation when an economy features slow economic activities, faces decline or no income situations. During this period the economy also suffers a steep fall in GDP growth rate, which tends to worsen situation further. The American economy is More..
Recession is the prime story of the global economy since last few months. The economy is facing an uninterrupted downfall that has further sent invites to many disastrous results. These outcomes have gripped badly the international economy status that More..
With the increase in liberalization, privatization and globalization of the economies, people of a given nation are more involved and thereby make greater contribution to their country's economic More..
The 'most recognized' indicators used for assessing a nation's economic growth are 'GDP' (Gross Domestic Product), 'GNP' (Gross National Product) and Balance of Payments. More..
In addition to being one of the most useful and trusted indicators of a nation's economic growth since decades, GDP also hints at the standard of living which the people of the country share. More..
