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Inflation and Deflation
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The last couple of months have seen a steep fall in inflation rates. The WPI, acronym for Wholesale Price Index,…
What is Time Value of Money
The concept of time value of money refers to the fact that the money received today is different in its…
Modern Finance Manager
A modern finance manager is totally different from traditional finance manager. Initially the finance manager was concerned and called upon…
Foreign Exchange Market
The foreign exchange market is the market in which firms, banks, individuals buy and sell foreign exchange. These markets for…
Beyond the MONETARY LOSS this Monsoon Session
The current on going Monsoon Session is completely washed out by the acts of political parties. The on going…
Six partnerships that define a Partnership Business
Creating a business or even holding a business is very difficult in today’s competetive market where all other competitors are…
FOREIGN EXCHANGE RATE -1
Foreign exchange rate is defined as the ratio of exchange between the currencies of two countries.Foreign exchange or external value…
The Balance of trade deficit
Since 1957 India has been recording sustained trade deficits. According to recent reports by the Ministry of Commerce and Industry,…
Paradox of Thrift
The hypothesis of the “Paradox of Thrift” was given by famous economist John Maynard Keynes which states that during an…
AUDITING
The word “AUDIT” is derived from a latin word “AUDIRE” which means ‘to hear‘, because in earlier times the auditors…