What does the Narendra Modi Government mean for the Indian Economy?

What does the Narendra Modi Government mean for the Indian Economy?

Posted by: on Jul 23, 2014 | No Comments

“India has won. Good times ahead.”

This is what Narendra Modi tweeted when his party achieved an irrefutable lead in the elections earlier this year. Now that Modi has formed his government at the centre, what does the new government have in store for the third largest economy in Asia?

Factors Influencing Market Trends

Factors Influencing Market Trends

Posted by: on Oct 28, 2013 | No Comments

Economic indicators tell us about the state of a market in the form of statistics. Analyzing economic indicators can help us predict future performance. Some common economic indicators include indices such as GDP, unemployment rate, industrial production, stock market and money supply. When a market follows a trend, this is most likely shown by certain associated economic indicators that shape the market.

No Casino is an Economic Island

No Casino is an Economic Island

Posted by: on Aug 19, 2013 | No Comments

In 2007, Macau overtook Las Vegas in revenues. More than 50% of Macau’s economy is based on gambling. The island boasts of 33 casinos that operate under a government franchise. Attention to this little hub of economic prosperity has undoubtedly led to the Chinese cabinet passing the Offshore Islands Development Act,

Foreign Direct Investments in the Indian Economy

Posted by: on Feb 20, 2013 | One Comment

In the pre-liberalization era, Foreign Direct Investments (FDIs) into India were plagued by several restrictions. This included ceilings on foreign equity, restrictions on the use of brand names, restrictions on the expansion of investments into consumer goods and several others. To add to the miseries was the Industrial Licensing System. In 1991, many of these impositions were either abandoned or significantly eased, paving the way for FDIs to boost India’s economic growth.

Why India and Nepal Rank Low in Economic Freedom Index

Why India and Nepal Rank Low in Economic Freedom Index

Posted by: on Dec 10, 2012 | 6 Comments

On the face of it, economic freedom is a simple concept. However, it encompasses every aspect of an individual’s life. Economic freedom defines the standard of living and has a significant influence on the quality of life.

What Lies Between Nepal and Economic Growth?

Posted by: on Oct 5, 2012 | 28 Comments

Nepal is among the poorest nations in the world. It ranks 157 out of 187 countries on the Human Development Index, with approximately 25% of its population living below the poverty line. According a World Bank report, the country’s

Macau’s Casino Industry: Driving the Economy!

Posted by: on Aug 17, 2012 | One Comment

When it surpassed Las Vegas as the world’s biggest gambling industry in 2006, that too by a huge margin (more than 5 times the revenue of Las Vegas), it left everyone amazed. And since then Macau’s gaming industry hasn’t looked back.

With a land area of 29 sq kms, Macau’s natural environment lacks major resources like forests or woodlands, arable land and pastures. This makes Macau’s its economy largely dependent on the service industry, of which a large share of the inflows is generated by the tourism and gaming industries.

When Government Inaction Cripples Economic Activity

Posted by: on Jun 9, 2012 | No Comments

It is a known fact that demand and supply decide the direction of a free market economy. However, it is the government that creates an atmosphere where market forces can operate without any fear for their investment.

Can India Ever Progress?

Posted by: on Apr 5, 2012 | One Comment

“Dinesh Trivedi’s budget has caused a political storm, after…Trinamool Congress asked him to withdraw the hike or quit…The Trinamool Congress, termed across-the-board passenger fare hikes as a ‘hostile act’.”– Economic Times, March 15, 2012

Will a Laissez-Faire System Boost Economic Growth?

Posted by: on Feb 23, 2012 | 2 Comments

Which kind of economy would you vote for – a laissez-faire market or a planned economy? My vote is for free markets.