The dependence of an economy on another economy is calculated as the ratio of their bilateral trade over the total trade of the dependent economy.
For example if we want to calculate the dependence of India on China then it can be calculated as:
Bilateral trade of India with China/India's total trade
= $136 billion/$1660 billion = 0.08 = 8%
For example if we want to calculate the dependence of India on China then it can be calculated as:
Bilateral trade of India with China/India's total trade
= $136 billion/$1660 billion = 0.08 = 8%
Source: The Hindu
"Income and Wealth inequality in India" published by World Inequality Lab.
Inequality increases after reforms but once Govt. starts focussing on education and health and infrastructure it may start declining. In India too, inequality increased post LPG reforms (in 1991) but now since there is a very strong focus on infrastructure (and other reforms) which may lead to a boom in manufacturing and creation of more productive and formal jobs resulting in reduction in inequality in future years. And you can also see from the Chart 2 and 3 that inequality is not increasing at the rate at which it increased in the post reform period.
Inequality generally expressed in terms of either income or wealth.
"Income and Wealth inequality in India" published by World Inequality Lab.
Inequality increases after reforms but once Govt. starts focussing on education and health and infrastructure it may start declining. In India too, inequality increased post LPG reforms (in 1991) but now since there is a very strong focus on infrastructure (and other reforms) which may lead to a boom in manufacturing and creation of more productive and formal jobs resulting in reduction in inequality in future years. And you can also see from the Chart 2 and 3 that inequality is not increasing at the rate at which it increased in the post reform period.
Inequality generally expressed in terms of either income or wealth.
Source: Indian Express
Read only the highlighted part.
Now Indian companies can list their shares on International Exchanges in the GIFT-IFSC and raise foreign capital (in foreign currency). The international exchanges allowed to list securities (equity/shares) of Indian Companies in GIFT-IFSC are:
(i) India International Exchange
(ii) NSE International Exchange
Earlier Indian companies had to go to international financial markets like London, Singapore etc. to raise cheaper foreign capital.
Read only the highlighted part.
Now Indian companies can list their shares on International Exchanges in the GIFT-IFSC and raise foreign capital (in foreign currency). The international exchanges allowed to list securities (equity/shares) of Indian Companies in GIFT-IFSC are:
(i) India International Exchange
(ii) NSE International Exchange
Earlier Indian companies had to go to international financial markets like London, Singapore etc. to raise cheaper foreign capital.
The proposed IMEC will consist of Railroad, Ship-to-Rail networks and Road transport routes extending across two corridors, that is,
The East Corridor – connecting India to the Arabian Gulf,
The Northern Corridor – connecting the Gulf to Europe.
The IMEC corridor will also include an electricity cable, a hydrogen pipeline and a high-speed data cable. Signatories- India, the US, Saudi Arabia, UAE, the European Union, Italy, France, and Germany.
The East Corridor – connecting India to the Arabian Gulf,
The Northern Corridor – connecting the Gulf to Europe.
The IMEC corridor will also include an electricity cable, a hydrogen pipeline and a high-speed data cable. Signatories- India, the US, Saudi Arabia, UAE, the European Union, Italy, France, and Germany.
Nakuru Dam often mentioned in news, it is in
Anonymous Quiz
42%
Kenya
23%
South Africa
26%
Iran
10%
Turkey
India and Iran signed a significant 10-year bilateral contract to enhance operations at the Chabahar Port, highlighting India's strategic interests in strengthening trade links with Central Asia and parts of Europe. This agreement underscores the port's importance in facilitating regional connectivity and economic activities, marking a pivotal step in India's engagement with Iran and the broader region.
The 4th Joint Committee meeting for the review of AITIGA (ASEAN-India Trade in Goods Agreement) was held in
Anonymous Quiz
20%
Indonesia
33%
Malaysia
39%
Singapore
9%
Thailand
Professor Sapna Sinha of Massachusetts Institute of Technology (MIT) has been included in the 'Forbes 30 Under 30 Asia' list for her research in brain and cognitive sciences. She is a resident of Muzaffarpur district of Bihar.
#Biharspecial
#Biharspecial
👍5❤1