Category Archives: Economy

The United States Fiscal Cliff

After facing the wrath of the hurricane Sandy, the US is bracing up for another one; though this pertains to the economy, not the weather. Its being termed as the Fiscal Cliff. The US economy is slated to hit the fiscal cliff on January 1, 2013, f… Continue reading

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Why Apple should set up manufacturing facilities in India

Apple recently launched its latest iPhone. However, no sooner did the new phone hit the market, reports than emerged of the phone carrying manufacturing defects. These reports were soon followed by news of a massive strike at the Foxconn factory i… Continue reading

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What is Occupy Wall Street?

Objective Objective of this blog post is to understand in simple terms the Occupy Wall Street protests taking place in the United States. Background The genesis of this protest lies in the 2008 meltdown following the mortgage crisis and failure of… Continue reading

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The Draft Banking License Guidelines In India : An Evolving Landscape

Background India is among the faster growing economies in the world. However, as of 2010, India has more than 37% of its population of 1.35 billion living below poverty line. To ensure sustainable and inclusive economic growth, a deeper and wider … Continue reading

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China’s Ghost Cities and the Property Bubble

Documentary by SBS Dateline (Australian TV) about the Chinese real estate market. Uploaded on March 24, 2011. Blog updated : April 1, 2011. There is talk of the high GDP growth rate of the state-run Chinese economy. There is also concern about Chi… Continue reading

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Obama’s Financial Reform Plan

Objective of this blog post is to explain in simplest possible terms Obama???s proposed financial reforms plan and its impact on the US and the rest of the world. Need for financial reform arose from the 2008 meltdown triggered by the failure of lar… Continue reading

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