Economy

Inflation Meaning: Inflation refers to a situation when the there is an increase in the prices of general goods and services resulting in the overall decline in the purchasing value of money. During the last one decade prices have soared…

Cottage Industries in India Introduction: In the modern industrialized world, there are large factories and mills with huge machines, smoking chimneys and hundreds and thousands of laborers. The present condition of cottage industries in…

The economy is the system of goods and money used by a given society. Growth means getting bigger. Development means becoming more advanced or complex. Economic growth and development can mean an economy that becomes advanced, larger,…

Industrialization has had both positive and negative impacts on India. Positive impacts include: Increase in economic growth: The growth of industries has led to an increase in production and employment, boosting the country's…

India is a global market. Products of almost all the developed countries are sold in Indian marketplace. On the other hand, Indian firm are thinking in terms of reaching a global market even though it may be producing only a part of a…

Indian Money Market The RBI controls the entire operation of the organized sector of the Indian Money Market. Over the years both commercial banks and co-operative banks have come to depend more and more on the rediscounting and borrowing…

Banks in India A bank is a financial institution whose purpose is to receive deposits and lend money to individuals and businesses, disburse payments, invest funds in securities for a return, and safeguard money. It services savings and…

Commercial Banks in India Commercial banks provide banking services to businesses and consumers through a network of branches. These banks are in business to make a profit for their owners and they are usually public limited companies…