The Growth Record of the Indian Economy, 1950-2008: A Story of Sustained Savings and Investment Rakesh Mohan* I deem it a real privilege to visit the Institute of Economic Growth to deliver the keynote address at this prestigious conference on growth and macroeconomic issues and challenges in India. I am particularly happy that this Conference is being organised by the Institute as a part of its Golden Jubilee celebrations. The Institute has established a long and creditable track record of contributing
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focused on the idea that concepts in financial mathematics are not only applicable for businesses but can also go hand-in-hand with measuring the economic condition of the country. INTRODUCTION Economic indicators are usually packed with statistics prepared by government agencies, non-profit organization and at time even private companies. Moreover, economic indicators play a vital role in the market since they stipulate measures to be used to evaluate the economy by observing several business
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INDIAN BANKING SECTOR ACKNOWLEDGEMENT Any accomplishment requires the effort of many people and this work is not different. We would like to express our gratitude to the faculty for his invaluable insights, without which this project would not have been completed. We would also like to thank everyone including our friends who directly or indirectly helped us in the completion of this project. DECLARATION We hereby declare that the project titled “Indian Banking Sector” is an original
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due to the ongoing global financial crises (GFC) – allegedly triggered by the subprime mortgage crisis of USA in 2007. According to some analysts the recession is the worst since the great depression of 1930s. The world output and trade is forecast to shrink in 2009 – the first such contraction since the end of World War II. The recession is inflicting job losses and wealth loss on an unprecedented scale. In an era of globalization, the GFC has impacted the economies of practically all countries
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Formal Credit for Informal Sector - Reducing Unemployment Dr. S. Rajamohan Professor, Alagappa Institute of Management, Alagappa University, Karaikudi and Mr. D. Durairaj Ph.D Research scholar, Alagappa Institute of Management, Alagappa University, Karaikudi ABSTRACT Unemployment as one of the macroeconomic problems could be reduced through the formal credit for informal sector participation provided it is well supported and managed. The informal sector in itself may not be able
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Title: Reporting of Intangibles by Service Sector in Indian context Introduction "I can make a whole lot more money skillfully managing intangible assets than tangible assets." – Warren Buffet In the current knowledge based economy, there is a transition from matter based economy to one based on ideas. The emphasis is shifting from natural resources to new thoughts and designs. With the shift from monetary economy to knowledge based economy, the wealth can be added by increasing the intangibles
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Economic and Financial Outlook in 2015 External Shocks Creating New Opportunities FSDH Research January 2015 Economic and Financial Outlook: 2015-2019 1.0 Global Economic Growth: According to the World Economic Outlook (WEO) Update of the International Monetary Fund (IMF), January 2015 Edition, the global economic growth is forecast at 3.5% and 3.7%, for 2015 and 2016 respectively. The forecasts were reviewed downward by 0.3% The IMF forecasts a global economic growth of 3.5% and 3.7%
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Service sector is that part of the economy, which produces intangible goods. Intangible goods may include transportation services, telecommunication sector, information sector, professional services, technical services and healthcare. Banking services in an economy are also considered to be intangible, and thus, banks are included in the service sector. The employees of service sector produce services as oppose to goods. Such services may include house cleaning jobs, preparation of taxes, tour guides
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Indian financial system is affected. ABSTRACT The global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. Around the world stock markets have fallen, large financial institutions have collapsed or been bought out, and governments in even the wealthiest nations have had to come up with rescue packages to bail out their financial systems. On the one hand many people are concerned that those responsible for the financial problems
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researching the fundamentals of macroeconomics and how all the different sectors work with, for, and even against each other at times, I decided to focus on the concept of circular flow. Like energy, value can only be changed or repurposed, but it never actually disappears. A circular flow model of the macroeconomy containing three sectors (business, household, and government) and three markets (product, factor, and financial) that illustrates the continuous movement of the payments for goods and
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