Business

What is Black Friday

Black Friday is the day after the Thanksgiving day in the United States. Historically, the origin of the name can be traced back to the city of Philadelphia.It has been the busiest day in the American local markets since 2005 as many people indulge themselves in shopping. The day also […]

 
 

Asia to lead Global Recovery, predicts World Bank Chief

Asia needs to play a larger role in the global recovery process as compared to previous downturn since most of US consumers are facing money crunch, says World Bank chief Robert Zoellick. In an interview given to Financial Times, Zoellick said that it was indeed difficult to see US consumers […]

 
 

Google must limit its access to five say publishers

Google Inc is presently allowing publishers of its content to limit the number of free news articles to about five. These articles are accessed by viewers on its Internet search engine, which has been free so far. This decision has been taken as a concession to an ever increasing demand […]

 
 

US, India and China Relations

US, India and China Relations

Recession has been tough time for many countries both developed as well as developing. The US has had its fair share of setbacks and India and China are fast recovering from this difficult economic situation. All these countries had to brave it up. Unemployment was rampant, and prices soared, and […]

 
 

10 Facets of Developing Economy

10 Facets of Developing Economy

The term developing economy is used to refer to countries such as India, Pakistan and Bangladesh, which are economically backward as compared to developed countries. They have much to achieve in terms of economic growth and development. They lag behind the developed countries such as US and UK on account […]

 
 

Growth of Chinese Manufacturing Sector

Growth of Chinese Manufacturing Sector

China is making much growth in the economic sphere. In the Third World, China is expected to stand tall in the coming future. It will be a force to reckon with in world politics. Even the U.S. recognizes its potentiality. Growth of Chinese manufacturing sector The manufacturing sector expanded very […]

 
 

Can Recession be Forgotten?

Recession is not over completely. In the United States, the situation is still precarious although it has improved considerably. In other parts of the world also signs of the economy improving are there. No impact of the recession has been such that it takes a while to recover. Economists say […]

 
 

Will China and India prove better than the West?

The world economic growth is no doubt a lopsided affair. The Western countries have been dominating the world economy. The developing countries such as India and Pakistan and some of the under developed countries in Africa have always been forced to compromise with the Western powers as the latter are […]

 
 

Recession – A Lesson to be Learnt

Recession – A Lesson to be Learnt

The global economy is just recovering from recession. It was a tough year indeed. Many lost their jobs and were virtually thrown on the streets. Those who had mortgaged their houses had lost their homes. They had no money to pay up the loans. Several people had to survive on […]

 
 

Can poverty be eradicated completely?

The world is not all that perfect. Economic disparities exist among nations. Many countries are poor. People are living in abject poverty. Countries like India and Pakistan are unable to feed their population. Many suffer from malnutrition and disease. Why is this so? Why does poverty exist? Poverty is indeed […]