Taking a cue from the recent economic crisis in our benign neighborhood Sri Lanka, ever wondered, why a kilogram of sugar used to cost us just INR 17 during the initial years of the 21st century while the same costs up to INR 45...
Category - MARKET & ECONOMY
With the flourishing of human civilization in different parts of the world, none would have realized that they would eventually be trading in paper currency in the later ages. The primary mode of trade and commerce was the barter...
Ready reckon rate/ RR Rate is also known as circular rate. The real estate fraternity and people into property transactions are acquainted with this term. RR Rate is the minimum rate of the property that is fixed by the...
Life is a transaction. Your mother has to keep you in her womb to give you birth. In return, she had to sacrifice some of her freedoms. Likewise, as you grow up, you forever remain a debtor to her. No matter how much you pay her...
Banking industry is a backbone of economic and financial development of any nation. It plays a major role in channelling funds to borrowers with productive investment opportunities in return for interest on the borrowed amount...
Merely within a couple of months, COVID-19 pandemic has turned the world economy upside down. All economic and financial indicators point to one of the sharpest economic contractions in modern times which can be worse than the...
The menace that started to wreak havoc in China in December-19 has brought nations across the globe on their toes. Even the most powerful nations like- USA, UK, France and India are reeling under the turmoil caused by this deadly...
Since the very beginning of the year 2020, we have been witnessing a downfall in global oil prices. China, which is a major oil importer contributing for more than 22% of total world oil imports, started to shut down its...
Petroleum oil is a very important commodity that keeps the industrial processes running and helps the economy to prosper. It affects world politics and influences the shifting of global power from one nation to another. Both...
It is a very well-established fact that Islamic countries have gathered huge wealth by selling oil to the world. Crude oil is a very important commodity that drives the financial and economic fronts of all the countries around...