Background and Causes | | Financial markets impact | | Global effects | | Effects of Recession on India | | Effects on Banks | | What corrective measures were taken? | | Future Outlook | | What Industry Experts Think? | | Conclusion | | Bibliography | | ` INTRODUCTION The recent financial crisis has put a major impact on all commercial sectors of India. We have covered the reason and causes of the financial crisis which emerged from U.S and impacted the entire
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Freedom is the single most well known attribute of our great nation. But just how free are we really? I would argue that America is one of the freest countries in the world‚ though it could be freer. The rights and freedom described in the US Constitution‚ the Declaration of Independence‚ and the Bill of Rights‚ as compared with what current society actually allows creates many different pictures of freedom from several perspectives. The many documents that became the foundation of American “freedom”
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In the past‚ the price of oil has led to economic recessions‚ such as the 1973 and 1979 energy crises. The effect the price of oil has on an economy is known as a price shock. In many European countries‚ which have high taxes on fuels‚ such price shocks could potentially be mitigated somewhat by temporarily or permanently suspending the taxes as fuel costs rise.[138] This method of softening price shocks is less useful in countries with much lower gas taxes‚ such as the United States. Some economists
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What is Moral Hazard and discuss the consequences and why they might not be desirable. Also‚ the deductible feature of an insurance policy can affect the impact of Moral Hazard. How so? What is Moral Hazard? In economics‚ moral hazard is the lack of incentive to guard against risk when one is protected from its consequences. As an example‚ we can use the recent events leading to the market crash. Banks were issuing loans to people knowing it was not in their best interest‚ which lead to default
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Wild Cat Falling was a major breakthrough when it was initially published in 1965‚ hailed as the first Aboriginal novel. Colin Johnson‚ as Mudrooroo was then known‚ saw the book republished again in 1992. Despite its age‚ Wild Cat Falling is still a disturbing story‚ not least of all because almost forty years after its first appearance‚ and the improvements in Aboriginal conditions and rights that have occurred‚ the book still resonates far too strongly with the less than satisfactory current life
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whenever the US sneezes‚ the world catches a cold. This is evident from the way the Indian markets crashed taking a cue from a probable recession in the US and a global economic slowdown. Weakening of the American economy is bad news‚ not just for India‚ but for the rest of the world too. So what is a recession? A recession is a decline in a country’s gross domestic product (GDP) growth for two or more consecutive quarters of a year. A recession is also preceded by several quarters of slowing
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country to country. In India‚ The Slum Areas Improvement and Clearance Act of 1956 defines ’slum areas’ as places where buildings: are in any respect unfit for human habitation; and are by reason of dilapidation‚ overcrowding‚ faulty arrangement and design of such buildings‚ narrowness or faulty arrangement of streets‚ lack of ventilation‚ light‚ sanitation facilities or any combination of these factors which are detrimental to safety‚ health and morals. The Census of India defines a slum as "a compact
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Macro economics Project on INFLATION -SUBMITTED BY CHIKKAM.SAI ALEKHYA DANNY VARGHESE DEEPAK SAKTHIVEL DEEPTHI MOHAN GIRISH GANGADHARAN TABLE OF CONTENTS Inflation Measures of inflation Measures of inflation in India CPI Types WPI Calculation of WPI New series of CPI CPI Urban/Rural How Inflation is related with GDP? Relationship between broad money supply and WPI/CPI Announcement of hike in DA for government employees cause inflation? Impact of elections on inflation
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Globalization in India Globalization in India has allowed companies to increase their base of operations‚ expand their workforce with minimal investments‚ and provide new services to a broad range of consumers. |[pic][pic][pic| |] | The process of globalization has been an integral part of the recent economic progress made by India. Globalization has played a major role in export-led growth‚ leading to the enlargement of the job market in India. One of the major forces of
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Journal‚ August 2012‚ ISSN 0975-3486‚ RNI-RAJBAL 2009/30097:VoL III*ISSUE-35 Research Paper-English ’India Re-located’ in Arvind Adiga’s The White Tiger * Prakash Bhadury August‚ 2012 * 232‚ Panchwati Enclave‚ Meerut. A B S T R A C T The White Tiger (2008) explores the protagonist Munna’s journey between an ’India of Light’ and an ’India of Darkness’ while the country is rising as a modern global economy. Narrated through epistolary form‚ Munna highlights the "Great Socialist’s fall
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