According to the data released by the CSO, the population of India has increased from 1039701 in 2001 to 1201810 in 2011. In other words, the population of the country has increased by approximately 13% between 2001 and 2011. There has been a remarkable increase in the availability of the human resource. At that time... Continue Reading →
While flipping through the newspaper one Sunday morning, I came across an article on the problem of open defecation and how an obscure district called Kabale in the country of Uganda intended to solve it. This got me reflecting on the behemoth problem our own country faces, and of its possible impacts on our economy. India,... Continue Reading →
A stock exchange is a place where, or an organization through which, individuals and organizations can trade stocks. Many large companies have their stock listed on a stock exchange. This makes the stock more liquid and thus more attractive to many investors. It may also act as a guarantor of settlement. Other stocks may be... Continue Reading →
Deforestation, clearance or clearing is the removal of a forest or stands of trees where the land is thereafter converted to a non-forest use. Examples of deforestation include conversion of forestland to farms, ranches, or urban use. The most concentrated deforestation occurs in the tropical rainforests. About 30% of Earth's land surface is covered by forests. Deforestation occurs for multiple reasons: trees are... Continue Reading →
The results of the 2017 Gujarat and Himachal Pradesh state elections had left the entire nation on the edge of its seats. While pre-election numbers predicted around a 90% win for the BJP in Gujarat, the reality could only be far from it. The Bharatiya Janata Party (BJP) has won both the states of Gujarat... Continue Reading →
Being one of the eight core industries of India, the petroleum industry has emerged as the biggest foreign exchange earner with a 16.2% share in exports. The oil and gas industry of India dates back to late 1880's with an estimated crude oil reserve of 763.48 million tonnes. India’s strategic petroleum reserve is 5 MMT.... Continue Reading →
Harthal is the most commonly known phenomenon in India, mainly in Kerala. Even though Kerala has the highest literacy rate in India, our God's Own Country is also a dream destination of harthals with nearly 100 harthals happening every year. The main merit of Kerala is that the protest does not need to have any... Continue Reading →
FinTech or financial technology is one of the latest in the series of technological wonders of the recent past. The term FinTech is derived from the amalgamation Of Finance and technology. It has paved its own way into the competitive market, making it one of the most successful startup projects as of now. This innovative technology... Continue Reading →
The financial stability report published by the Reserve Bank of India was certainly an eye opener for all. The report warns that “the NPA ratio will rise to 10.2% in March 2018 from 9.6% in March 2017”. Now, what is NPA?? Non Performing Assets or better known as NPA are those assets which render no... Continue Reading →
Aadhaar is a Hindi word meaning ‘foundation’ or ‘base’. The introduction of the aadhaar card which was launched on the 28th of January 2009 has laid a strong foundation for binding all the citizens of our nation. Whether the card should be made mandatory or not is still controversial. But one thing is for sure,... Continue Reading →
Economic Gist 