The Malacca Dilemma is China’s dependence on the Strait of Malacca for the majority of its oil imports. The strait is a narrow waterway that connects the Indian Ocean to the North China sea, and it is controlled by several southeast …
The China’s Belt and Road Initiative formerly known as One Belt One Road. It is a global infrastructure development strategy that is adopted by the Chinese government in 2013 to invest in nearly 150 countries and international organizations. It is …
A few years back, Prime minister Narendra Modi went on a three-nation trip to Seychelles, Mauritius, and Sri Lanka which are three key Indian Ocean Island Nations. The visit of the Prime Minister to this nation’s maritime neighbors is reflective of India’s desire …
The Indian financial system is a robust and dynamic framework that plays a crucial role in supporting the country’s economic growth and development. It encompasses various institutions, markets, and regulatory bodies that facilitate the flow of funds and promote efficient …
India was a major economic powerhouse before the British colonized the country. The pre-independence period in India was marked by a thriving economy that was based on agriculture, handicrafts, and trade. This period was marked by a steady decline in …
The currency history of India has many different standards. The present currency system is called as Inconvertible Paper currency standard is controlled and managed by the Reserve Bank of India. The money consists of currency notes and coins that are issued by the monetary …
Investment is an essential part of any economy, and India has been focusing on creating a conducive environment for investors for a long time Public-Private Partnership (PPP) Model: This model involves collaboration between the government and private sector to carry …
Monetary policy refers to the actions and measures taken by a central bank to manage the money supply, interest rates, and credit conditions in an economy. These policies play a crucial role in maintaining economic stability and controlling inflation Reserve …
India gained independence from British colonial rule on August 15, 1947. At that time, India’s economy was predominantly agrarian, and industrialization was limited. Here’s a brief overview of the economy on the eve of independence. Agriculture Industry Infrastructure Trade India’s …
Capital and investment are two important concepts in economics that are crucial for the growth and development of any economy. Let’s take a closer look at each of these concepts. What is Capital? Capital refers to the resources that are …