Nokia had finally unveiled a Handset which is loaded with ‘the most popular’ OS on earth, Android. The move seems to be strange one when you consider the fact that Nokia has been sold to Microsoft and that deal will be completed by this quarter end. Android may be the most popular OS, but, WHY NOW? To understand it completely, I need to dig into history a bit, bear with me.

PC sales have been declining for the last few quarters; if Microsoft sticks with its desktop business alone, it wi...

Continue reading ...

It wouldn't be much of surprise if one asks question, the one who had seen/read about the crisis we had undergone in the year 1991, that, are we heading for another breakdown? What do you think? What i feel is, it would be nearly impossible to see the same kind of breakdown what we had witnessed in early 90's, given the sheer size of our economy and investors interest in India. But what worries me is our approach to the problem. We have a current account deficit which is ever widening, inflat...
Continue reading ...

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...

Continue reading ...

Most of you know that our tax system is going to replaced by Direct Tax Code (DTC), sooner or later. I just tried to understand what it means to the common man and the others and im sharing the details to my understanding level. First of all, I want to make it clear that, DTC is not another amendment for the existing taxation system, but it is completely new one. In simple words, DTC is going to replace of Income Tax Act, 1961. In other way, most of the auditors’ knowledge will get outdated...

Continue reading ...

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...

Continue reading ...

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...

Continue reading ...

Indian financial system:

What exactly the Indian financial system. It is a very vast concept, it includes the many things which will take years to complete. I want to give brief introduction about indian financial system, up to my knowledge. Indian financial system basically includes the financial markets, financial instruments and financial intermediation.  And those are further classified. Let us see the flavor of financial system……..

Financial markets:

As you know market is a place...

Continue reading ...