Economics

Why FDI alone will not help Indian Economy or Falling Rupee?

Dependency on FDI to strengthen the Indian economy and the falling rupee will not help. The solution lies in innovation and strong exports.

Investment in Gold during price fall – Good or Bad?

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?

How Printed Currency enters Market and How Banks Work

A simple explanation in layman's terms of the economics of how the banking system works in India.

The ABC of US Debt Ceiling Crisis 2011

A simplified explanation of the 2011 United States Financial Debt Ceiling Crisis. The reasons behind the Debt Ceiling Crisis, the resolutions reached, and brief descriptions about US Treasury Bonds.

Democratization of Capitalism and Capitalization of Democracy

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?

Currency Branding – Indian Rupee to get a Currency Symbol

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!

US Subprime: A Mortgage Crime

The reason for the US sub prime crisis, and the slowdown in the global economy. What is the Sub Prime Crisis? How did bad loans cause economic collapse?

I Promise to pay the bearer

Take any currency note and have a look at it. You will find wordings similar to this. "I promise to pay the bearer a sum of...." So what does this mean? It means that the...

Filing your Income Tax Returns Online

Indians Only Please :)OK, now continueJuly 31 is the last date I think to file the Tax returns in India this year Well, now you can file these IT (Income Tax) returns online. It is VERY EASY, I just...

Save Oil – Save India

The wait is over, the government of India has finally awaken from all its political compulsions and saw that the global oil prices have increased a lot, that the oil companies in the country are making a huge loss,...
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