Economy

The Drain Theory

The drain theory, as formulated by the nationalists, referred to the process by which, a significant part of India’s national wealth, was being exported...

General Economics Article

rates of exchange. This means that capital account convertibility allows anyone to freely move from local currency into foreign currency and back. It refers...

INDIAN ECONOMY

  INDIAN ECONOMY India’s self-employed workforce shrank between 2004-05 and 2009-10 : Reports released on April 21, 2013 revealed that there was lack of substantial increase...

Recent Articles

Asia Continent

Asia Continent is the largest continent in the world in both, area and population, constituting nearly one-third of the landmass, lying entirely...

Private Sector

The public sector refers to the part of the economy concerned with providing various government services. The composition of the public sector...

Money Market

As money became a commodity, the money market became a component of the financial markets for assets involved in short-term borrowing, lending,...

Maharatna Companies in India

Maharatna title to Central Public Sector Enterprise is granted to selected high valued companies with an objective to delegate ample power and...

Important Funding Agencies of the World

World BankIt is an international financial institution that provides loans to developing countries. Motto of this organization is...

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