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Who Actually Pays the Luxury Tax ?
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A new luxury tax was adopted by Congress in 1990 on items such as private airplanes, yachts, furs, expensive cars…
Foreign Exchange reserves in India
Foreign exchange reserves is defined as the reserves of foreign currency kept as assets with the central bank. The quantity…
The Coase Theorem
In the article ‘tragedy of the commons’ I have explained the importance of property rights and optimal utilization of resources.…
India-Japan Naval Malabar Exercise
In recent news, the Times of India headline reads, “India shuns China, allows Japan in Malabar naval drill”. The Malabar…
Digital India
Government of India took an initiative “Digital India” to unite the nation through technology. On 2nd July, Wednesday 2015 the…
Difference between World Bank and IMF
“World Bank and international monetary fund aren’t they the same? They both ensure the economic stability of the world economy,…
FDI IN INSURANCE
FDI i.e; Foreign Direct Investment. Any time a vital topic to be discuss on. India has many sectors facing the…
Money and Quantity Theory of Money
Money can be defined as a stock of assets which can be used to make transactions. It has many functions. It is…
ECONOMIC HEALTH OF INDIA
In the current juncture, infrastructure and especially construction has the largest potential to acquire productivity gains and to generate employment…
The Lucas Critique
According to the Phillips curve equation, unemployment rate and inflation rate are negatively related. Therefore, there exists a tradeoff between…