Do you know about these basic issues in our economy?
By Ira Sharma
Over the last one decade or so, three critical issues have captured the mind share of the common man out there. These three...
India’s Expectations Beyond 2014 Elections
By Hemant Jain
The 16th Lok Sabha elections which are due later this year are surely going to be one of the most crucial elections...
The Disinvestment Diary
By Divya Kamboj
Meaning & Reasons
In finance and economics, divestment or divestiture is the reduction of some kind of asset for financial, ethical, or political objectives or sale of an existing business by...
The Cork Industry
Trade and industry are an integral part of every economy. Economies choose to trade so as to maximize their gains from trade. In...
Indian entrepreneurs only 3% of world entrepreneurs, why?
By Harshita Kain
Entrepreneurship is one of the most important inputs in the economic development of India, as an entrepreneur is responsible for fostering economic growth and economic development.
Other important economic developments an entrepreneur leads to include increasing the country's export trade and balancing trade deficit, increasing gross national product and per capita income by wealth creation and distribution and finally creating employment opportunities.
If entrepreneurship is so important then why is it that such a large country like India has a contribution of only 3% to the total number of entrepreneurs in the world while a small country like Thailand has had a contribution of 20% of the total number of entrepreneurs in the world?
It indeed is a mind boggling question with no proper answer.
Let us try exploring some of the possible solutions to this problem. One possible reason for the lack of entrepreneurs in India could be that people in India do not have the capability to dream big. Now there is certainly something wrong with this answer as we Indians are amongst the most erudite people in this world. We cannot forget the fact that we were the ones who invented the number zero and so, have intelligence running in our veins.
Thus ruling this one out, another possible solution could be that Indians have ideas but do not know how and where to apply them and lack the knowledge about starting their own venture. Another reason could be that we Indians are very satisfied with the jobs we are currently doing and hence would not like to step out of this secure zone and take risks. Finally, whichever might be the answer to this Russell’s paradox, what is important to understand is...
Indian economy: What next?
By Yash Sood
London-based economic consultancy Centre for Economics and Business Research (CEBR) has recently suggested that, by 2028, India would be the third largest economy...
Layman’s Guide To Hedge Funds
By Anusha Gupta
With the growing popularity and accompanied criticism for hedge funds, they are becoming a frequently used term in finance today. Often misunderstood...
War on Poverty: When will it really end?
By Yash Sood
On 8 January 1964, President Lyndon B. Johnson declared a war on poverty in the US. But after 50 years of struggle, that...
Inflation: The Vetaal of Indian economy
By Anushka Bansal
Let us start by a simple idea about what inflation is. So inflation is the rate at which the general level of prices...
The Perils of Black Economy
By Smriti Joinwal
Jawaharlal Nehru had a vision for independent India. He wanted to raise the standards of living and wanted to overcome all the...
Bitcoin: Is it the Next Global Currency?
By Smriti Joinwal
Riding on the heightened interest around the digital cryptocurrecy, “bitcoin”, its obsessive followers made it to surge to a record of $1075 on...
Understanding the Food Security Act
By Shreya Bajaj
Recently Sonia Gandhi’s dream bill, the Food Security Bill (FSB) was passed in the Lok Sabha as well as the Rajya Sabha, which...
Are we reliving the 1991 economic crisis?
By Sanuj Shah
The recent economic crisis due to the rapid depreciation of the Indian Rupee and persistent inflation had drawn parallels to the economic crisis...
When Reality Contradicts Rhetoric: The World Bank’s Lending Practice
By Sanuj Shah
The World Bank is the world’s largest multilateral development lending institution. Its aim, as Bank literature claims, is poverty reduction in the third...
Bitcoin: Irrationality dawns again
By Harsh Raj
Its been six years since the burst of the housing bubble that the financial world has had a taste of another “IRRATIONAL EXUBERANCE”. Well there...
Look! Now We’re Creating Jobs Around The Globe
By Hemant Jain
YESSS…It is INDIA who is creating more jobs in the US than the other American IT companies. And it is now official.
Although...
Tale of Crouching Dragon & Reborn Samurai: Asian Giants Embroiled in Island Wars
By Bhavya
A little group of islands, surrounded by the beautiful waters of East China sea, might sound like quite a looked-forward-to tourist vacation spot....
Israel and USA: A marriage for the sake of convenience?
By Abhilasha Banerjee
It was sometime in the late 1950’s when this steamy love affair began. It was a typical love-hate tale...two strangers despise...
Depreciation of Indian Rupee
By Ira Sharma
The rupee has plunged to an all time low against dollar. In simple words, the rupee depreciation means the value of Indian...
Does high GDP really mean welfare of the nation?
By- Rashmi Mittal
We call Gross Domestic Product (GDP) the godfather of the indicator world. The World Bank has called it "the main criterion for...
For Profitability’s Sake
By Prakriti Kohli
The E-Commerce market in India is flooded with problems of low repeat purchases, high acquisition costs, and small basket sizes in the...
India-US: Really Friends?
By Hemant Jain
The relationship between the US and India was cold and often thorny. This was due to the closeness of the US towards...
Balance of trade deficit: Indian economy’s Achilles heel
By Harshita Kain
Since 1957 India has been recording sustained trade deficits. Trade deficit is not a new problem in India and hence has failed to...
Pravasi Bharatiya Divas 2014
The Indian diaspora stays connected with its country of origin through places of worships, media and entertainment, food and the practice of yoga, which...
Cryptocurrency Fever
Kanye west’s Coinye west with tagline ‘WE AIN’T MININ’, WE PICKIN’, a cryptocurrency inspired by our very dear friend, the Bitcoin, is set to...





















































