Category: Finance

Finance a General Misconception?

Finance

Finance is generally misunderstood as only money and its accounting. However, it is more than that. It means how to increase shareholder’s wealth.

Evolution of USD as forex

Economics Finance

Evolution of USD as forex What is Foreign Exchange? There are several accepted Global/Reserve currencies viz USD, GBP, YEN, EURO etc. A country needs currency to settle Import/exports of goods and services and grants and subsidies in various forms.  Besides countries keep Gold, SDR, Sovereign Debts, Treasury bills.  Countries keep Foreign exchange in their vault…

India is 3rd in terms of GDP at PPP

Economics Finance Modern India world

BJP leaders must stop saying publicly that India’s GDP sixth largest in the world. … India’s GDP third largest today