Business & Economy

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Reasons for High Inflation

Various reasons have been offered for high inflation in India. Let me take up each of them and demolish it. Recession It is being said that the inflation in India is the direct result of the Global Recession, which is false. The inflation in India is linked to high food prices. The food prices in the USA have been falling as a result of the Global Recession; the USA is…

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Budget 2010: Choices Before the Finance Minister

The Indian society has started walking on a path where the economic culture and the social culture are becoming synonymous. The status of a person is known by what he earns, and it doesn’t matter whether the earning is legal or illegal, moral or immoral. The status of a politician/government servant is known by the kind of bribe he demands. The status of a businessman is known by the assets…