Tag: Finance

Tax On Smoking: Kills Or Heals

Building from scratch we know that it is the simple mechanism of micro economics wherein the market forces of demand and supply determine the prices of goods and services in the economy. Here the commodities that fall in picture are…

Highlights Of The Indian Union Budget 2012-2013

Indian Budget 2012-2013 Highlights The Indian Budget for the financial year 2012-2013 was introduced yesterday, 17th March, 2012. Here are the main highlights that could be taken as summary of the budget that was introduced by Pranab Mukherjee. Key points…

Gold And Silver Drops To A 7 Week Low

Gold prices have fallen to a seven week low. This drop in price was a result of the news when Federal Reserve neglected and rejected any further stimulus measures. It was also due to the reduced demand for metal due…

The Shrinking Denominator

We are living in an era of cheap currencies. Gone are the days when devaluation was taken up to balance the deficit of payments, to speed up manufacturing sector, create employment opportunities thereby providing social and economic growth. Putting it…

Financial Crunch At Air India

“AI selects Booz, Rothschild for cost restructuring?, “AI may announce 50% incentive cut?, “Pilots refuse to meet with Air India management?, “AI asks employees to accept salary cuts”. These are the news headlines that have been flooding the media and…

FDI In Retail

In India the debate on foreign direct investment (FDI) in retail is one of the burning topics of to-day. The topic is in itself very vast and varied that covering all the issues is not possible. To begin with the…