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This category contains 6 posts

What is GDP growth and how it affects us?

Let’s start with the GDP GDP or Gross Domestic Product is the value of economic output of a country. For beginners, here’s a simple example. Take a family of 6 brothers, A, B, C, D, E and F. Here’s what each of them does for a living: A: Furniture maker. His full year sale is … Continue reading

NMIZs Vs SEZs

Abstract India’s   draft   national   manufacturing   policy   proposes   National   Manufacturing   and Investment   Zones  (NMIZs)  as  instruments  for  revitalising  manufacturing.  The  policy addresses major challenges for Indian manufacturing such as inflexible labour laws, multiple procedures and environment-friendly production.  However, NMIZs pose several questions with respect to their relationship with Special Economic Zones  (SEZs). Unless states are consulted … Continue reading

GDP databook

Nominal GDP of major countries –   Rank Country GDP (millions of USD) World 61,963,429 European Union 16,106,896 1 United States 14,624,184 2 People’s Republic of China 5,745,133 3 Japan 5,390,897 4 Germany 3,305,898 5 France 2,555,439 6 United Kingdom 2,258,565 7 Italy 2,036,687 8 Brazil 2,023,528 9 Canada 1,563,664 10 Russia 1,476,912 11 India … Continue reading

Why should you care about currency wars?

10 November 2010 Last updated at 00:11 GMT http://www.bbc.co.uk/news/business-11710202 The strength of currencies has become a source of tension between some of the world’s biggest economies, especially the US and China. Brazil’s finance minister went as far as to warn that his country would not stand idly by as international currency wars threatened its competitiveness. What was … Continue reading

State-wise GDP of India for FY-2009 and FY-2010

Financial Year 2009 Financial Year 2010 State Rank State/Union Territory Region Indian Rupee (Ten Million) US Dollar (Billion) Growth Rate (YoY) %age of Total GDP Per-capita Income (INR) Indian Rupee(Ten Million) US Dollar (Billion) Growth Rate (YoY) %age of Total GDP Per-capita Income (INR) 1 Maharashtra West 692,749 $149.13 13.55% 14.04% 54,867 831,971 $174.78 20.10% 15.03% 64,953 … Continue reading

Hemant Karkare ji

He is a IPS officer in Indian state of Maharashtra. He is bravest and honest police officer in india.
Hemant Karkare laid down his lives fighting terrorists during the Mumbai attacks, on 27 November 2008.

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