"It should not escape notice that gold and silver after circulating in every other quarter of the globe, come at length to be absorbed in Hinduston"
~Francois Bernier
Lot of drama is going on for the last two weeks with the sudden hike in petrol prices. Government is continuously saying that they’ve reached a level where the subsidies are unbearable and also oil companies are running in huge losses. Well, what it means to a common man, I mean, subsidies and all the stuff. Is government is subsidizing fuel heavily and state owned oil companies are running in huge losses. Let us discuss,
I want to share my Facebook status over here regarding petrol prices...
You might have observed the first trade deficit (in first quarter of 2010) of China in the last seven years. Why has it happened?
Does the rapid growth of China will come to an end soon?
Will Chinese goods be no longer cheaper?
May be, it can happen in very near future. If you want to know why it is so, and what is happening with china just read this article. I felt the CURRENCY WAR IN CHINA would be the well suited title for this article. You’ll understand same by the end of this articl...
Now the on-going major economic problem that
india is facing is not the inflation, as we got used to that, but it is the
depreciation of rupee. I think I don’t need to explain who will benefit more
with that and who will lose more. For those who don’t know, in simple terms, if
a currency value is depreciated the importers will suffer more and the
exporters will gain more. I just wanted to discuss the indian rupee devaluation
history before getting into the current depreciation of rupee a...
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