economy

Let me ask you three questions. Question 1: Do you have high savings? Question 2: Do you save at the expense of putting off critical purchases? Question 3: Do you think that is good for the economy? Well if the answer to the…

Until a year ago, it was of common knowledge that corruption is deeply rooted in India. However, it was the scandalous year 2010 that established this perception into fact. All the major scams – be it Commonwealth games fiasco, 2G spectrum…

India pegged to be the largest Economy in world by 2050  Citibank has given some interesting estimates on how the Economies will grow in next 4 decades. According to the report, India will overtake Japan by 2015 to emerge 3rd largest…

It’s like – if you are wounded, then tighten the noose slowly and gently, but surely. The noose should not further hurt your wound and yet provide you protection from the outer world. Yes, that’s what RBI seems to be doing rather well –…

It is said that economic imbalances are a major source of crisis. Moreover, certain imbalances are so hyped with over-exuberance, that only bearish recessionary situations can dampen the spirits and correct the frothy build-up that…

Last night, I was reading about Professor Jagdish Bhagwati (renowned professor on Indian Political Economy at Columbia University) who quotes that ‘we will more or less become what China is today and that will make us the fourth…

At trak.in we bring you our views on some of the most buzzing India-centric stories, however, we do miss out on some of them – Going forward we will have a regular section called – Business Buzz – that will feature snippets of buzzing…

According to “Consumer Confidence Index” India tops with 127 Index points while the global average is at 92. The second most confident consumers are from Indonesia (116) followed by Norway (115)

Indians are big on savings - they probably save more than any other country in the world. This has put Indians (42% of them) amongst the ones who are very well prepared for their retirement. These are the findings of recently released…

I am a firm believer that recession is more in the minds of people than it is on ground. Yes, we have had global downturn, but the evasive actions that we take to counter recession are responsible for deepening of recession to a very large…