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IndiaShining: What a contrast !

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posted by whitelal 1323 days ago
The recent figures of debt (on 10th Oct, 2008), crossed 10,250,000,000,000 (10.25 Trillion US $). To adjust the figure, temporary adjustment is made by removing "S" sign. By considering estimated population of USA being 30.50 Crore, it comes to 34,000 US $ per individual.
discuss | tags: debt on usa nation debt clock all | category: IndiaShining | Content type: Text/Pictures | Add this link to... | tell a friend | bakwaas

IndiaShining: Crisis in USA and Effects in India

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posted by whitelal 1339 days ago
The potential fallout of the Lehman bankruptcy has had huge repercussions leading to a meltdown in major stock exchanges across the globe including India. The significant moves by the U.S. Govt. which included a $ 700 billion rescue fund along with hand holding measures from the private sector can be lauded as a timely intervention intended to mitigate the potential risks and disruptions caused to the world financial markets and would mean well towards working out a plan to cushion the world financial system.
1 comment | tags: credit crisis economy usa all | category: IndiaShining | Content type: Text/Pictures | Add this link to... | tell a friend | bakwaas

Business: Inflation in India and its effects

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posted by whitelal 1439 days ago
On 01-01-1999, it was 9.3 % and dropped to 2 % on 01-11-1999. The downward movement of inflation was as fast as the its upward movement nowadays.
6 comments | tags: inflation india all | category: Business | Content type: Text/Pictures | Add this link to... | tell a friend | bakwaas