Being the second most populous country in the world, India has enormous potential to become the global power house. Even though we have come a long way, the bigger hurdles are yet to overcome. One of them is poverty. Amartya Sen once said "Poverty

Capitalism or free market system can be considered as the most effective way to coordinate production and distribution. Even though India is considered as a mixed economy, we as a nation cannot ignore the importance of free markets because on one side

Ravi wants to buy a car. Ravi wants to buy a car which is worth 5 lakhs in today's price after 2 years. What is the fundamental difference between these two statements? The first statement is simply a wish, goal or an aspiration. We are not

Raghuram Rajan at the World Economic Outlook press conference.WEO Press Conference, Washington DC, IMF Headquarters - photo courtesy - Wikipedia Raghuram Rajan completes two years as the RBI governor on 04th of September 2015. Rajan is perhaps

China – the world’s biggest economy in terms of purchasing power parity and the world’s second largest economy in nominal terms - is going through some serious economic turbulence. Challenging macroeconomic environment, slowing rate of growth and the