Finance a General Misconception?
FinanceFinance 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 FinanceEvolution 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 worldBJP leaders must stop saying publicly that India’s GDP sixth largest in the world. … India’s GDP third largest today