India's international trade is growing at a faster rate compared to the growth of GDP over the past two decades. As a result the ratio of international trade to GDP has gone up over the years. The magnitude of India's international trade is usually dependent on several macroeconomic factors. GDP...

Self Help Groups (SHGs) play a crucial role in creating entrepreneurship among rural and urban poor. This creates employment opportunities among poor people which ultimately results into the enhanced financial security and social status for its members, especially women. SHGs are key to women...

International trade is a key component of the global growth strategy. It is a tool that can carry the changes needed in the countries' factor-endowments. Keeping factor-endowment in mind we find an enormous potential for India's exports to ASEAN economies to increase, taking into account the...

Education may be defined as wisdom, which comprise of information, ability and practice of a cluster of people transferable generation to generation through Mentoring, Coaching, Guidance and other such allied activities; usually, happens during experience having a influential result on the...

Foreign direct investment is a critical driver of economic growth for any developing nation. For India, it is a major source of non-debt financial resource for the economic development. As a result of major global acquisitions by Indian companies, India is the fifth largest source of funds (FDI...

The outbreak of the new coronavirus respiratory disease COVID-19 has left the entire world shattered for which no vaccines and advanced treatment is available. WHO has declared this disease as pandemic causing panic and concerns for human health around the world. This virus knocked in India,...

Women form critical core input of the development of any economy. They contribute two third of the world's work hours produce 50 percent of the world's food supplies, account for 60 percent of the work force and contribute up to 30 percent of the official labour force. The prosperity and...

Inflation and Unemployment are two intricately linked concepts of Economics. The renowned economist William Phillips, described an inverse relationship between rates of unemployment and corresponding rates of rises in wages resulting within an economy. Over the years many researchers have tried...

A well-built banking sector is significant for a prosperous economy. In a bank dominated economy such as India, the quality of assets of the banks is a crucial indicator of the financial health of the banking sector and hence, has important implications for the stability of the overall financial...