Union Budget 2019: People in poverty trap must be given adequate aid to get rid of the vicious cycle
In order to escape the poverty trap, it is argued that individuals in poverty must be given sufficient aid so that they can acquire the critical mass of capital necessary to raise themselves out of poverty.
Just how did the word 'populism' come to have such negative implications, and how does it explain the rise of leaders like Narendra Modi and Donald Trump?
With the pound expected to fall 20 percent in case of a Brexit, Indian companies with sizeable presence in the UK will have to bear the brunt
One should expect more volatility in this market, with global forces directing the madness over which we may have little control
Meanwhile, the RBI has been on a dollar buying spree to create buffer to deal with the US interest rate hikes
The fall in Indian stocks was in line with global equities which headed for their biggest two-week drop since June amid concerns the Fed could start scaling back its stimulus after its two-day Federal Open Market Committee meeting ends on Wednesday.
Will we again see a capital flight from emerging markets, or will it rank as a market correction, perhaps one that has largely played out already in anticipation of a taper, or will these capital outflows intensify into a crisis?
A report in the Business Standard has today said the Birla group was planning to invest $1 billion to set up a chemical plant in the US to take advantage of the cheap gas prices and a reviving economy there.