Community & General Articles
Letter of Credit / Documentary Credit
Letter of Credit/Documentary Credit Letter of Credit/Documentary Credit is a one of the method of payment through which payment in theinternational as well as domestic market is effected for the goods purchased or service provided. Though there is a
High Time Bureaucracy is replaced with professionals
India is a rich country inhabited by poor. India is rich because it is blessed with massive natural resources. For instance: We are the 7th largest country in the world We have 8129 kms long coastline giving us massive sea resources (fish, off-shore
How to survive from market crashes without any negative impact
Whenever the words recession, market downfall, global economic crisis come in picture, I think about Mr.Rudy Giuliani, the mayor of New York, when the twin towers were hit on sep 11th, 2001. He was put under
All you need to know about Quantitative Easing and Tapering
In the recent times, Quantitative Easing policy of the US Federal Reserve has gained a lot of attention from businesses, investors and stock markets the world over. This has generated curiosity in the minds of many as to what it actually
Inflation - Can it be Controlled?
Introduction: It must have come to your notice, that all Central Banks throughout the globe, meaning Central Bank situate in every country, seem to be fixated with the notion of controlling the rate of inflation. They seem to be taking all steps with
Agriculture is a proof of monumental mismanagement in India
Agriculture has been a major source of living for majority of Indians, traditionally. It is believed that about 70% people are engaged in agriculture which contributes only 15% of our GDP. By itself, this is a proof of extreme inefficiency of this se
Domestic Transfer Pricing and Safe Harbour Rules
BACKGROUND - When associated enterprises deal with each other => - Commercial and financial aspects of the transactions are not influenced by external market sources => - Transfer price agreed between associated enterprises does not reflect mar
Achieve your ultimate goal by answering a simple question
Wouldn't it be awesome, if you realise you actually can do stuff, that you find yourself capable of but can't figure out how? Wouldn't it be wonderful, if all your worries leave you forever, and your mind be filled to the core with just one belief of
Interest Rate Parity in Foreign Exchange
INTEREST RATE PARITY UNDER FOREIGN EXCHANGE There are large numbers of factors for exchange rate determination but the most important of them are Interest Rate and inflation. Interest Rate parity is a relationship between exchange rate and i
India's Fiscal Deficit at a Glance
Introduction Indian economy is currently facing lot of challenges in many front whether its policy paralyses, falling rupee rate, inflation, current account deficit etc. but one of the critical which has a severe impact on everyone is Fiscal D
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