Indians’ craze for gold dents the economy.
I found it rather odd that the Indian Finance Minister had to be beseeching people of the country not to buy gold. He has requested everyone not to buy gold for at least one year in view of the mounting current account deficits. Rising demand for the precious metal, he said, is met increasingly by […]
Decline and fall of the Indian Rupee.
A report appeared recently of a Reserve Bank of India (RBI) study about the share in circulation of various currency denominations in 2010-11. The study effectively reflects how the value of the country’s currency unit, the Rupee, has gradually eroded. The erosion seems to have picked up pace since the economic reforms process began in […]
The blurb of Tourism Authority of Thailand sells the country as “Amazing Thailand”. Thailand, indeed, amazes you. Endowed richly by nature and coupled with its cultural heritage the place offers all that makes an attractive destination. It has everything – beach tourism, adventure tourism, nature tourism, temple tourism and what have you. All those […]