India & China: A Tale of Two Asian Economies

The Indian economy expanded by 4.7% in the year 2013-2014, registering a second consecutive year of sub 5% growth. Between 2012-’13 and 2013-’14 the main driver of the economy were the farm, financial services, and the real estate sectors. The manufacturing sector continued to languish. After lifting the GDP by an average of 1.6 percentage… Continue Reading

Inflation and You

Inflation can be defined as across the board sustained increase in prices of domestic as well as imported goods and services and fall in the purchasing power of the home currency. Inflation rate can be measured through a benchmark price index. It can be wholesale price index (WPI) or consumer price index (CPI). A price index… Continue Reading