On February 17, Monday, India had her 952,231 crore interim Budget for the fiscal year ending 2009 with little smile and wide disappointments. Mainly because the expectations of some …

In economics, the term ‘recession’ means “The reduction of a country’s Gross Domestic Product (GDP) for at least two quarters; or in normal terms, it is a period of reduced economic activity” The International Monetary Fund regards…

Talks of India being one of the fastest growing economies have been going around the economic circuits for so long. Despite positive indicators India still hasn’t managed to touch the 10% growth rate. India economy expanded at a year on year rate of 8.8% in the first quarter…

Some people will argue that in the time of double digit inflation, we cannot achieve a 9 per cent growth rate. I would like to focus their attention on the situation of 1971. This was a year when the crude oil prices have actually doubled…