Dependency on FDI to strengthen the Indian economy and the falling rupee will not help. The solution lies in innovation and strong exports.
Is it a good option to invest in Gold when its prices are falling? Does Gold offer good returns on investment? What are the benefits of investing in Gold?
A simple explanation in layman's terms of the economics of how the banking system works in India.
The fact is that the policy makers come to power with the votes cast in the elections by the general public. The capitalists run their businesses because the general public buy their goods and products. And yet, the illegal network between Capitalists and Administrators makes life more miserable for the same general public by means of corruption. The reason?
The ministry of Finance of the Government of India had announced an open competition in 2009 to design a currency symbol for Indian Rupee that would represent the cultural and historical ethos of India. Note that Russia has been trying ever since early 1990s to find a brand symbol to its currency Rouble!
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