Category Archives: Economics and Business

What is H-1B Visa ??

  The H-1B visa is a non-immigrant visa that allows a qualified alien worker with a minimum of a bachelor’s degree to temporarily (up to 6 years) be employed in…

Basics about Inflation and its Measurment

General Meaning: Inflation is an increase in the price of a basket of goods and services that is representative of the economy as a whole. In economics, inflation is a…

Economics Nobel Prize 2012

43 Prizes in Economic Sciences have been awarded every year since 1969. The Royal Swedish Academy of Sciences is responsible for selecting the Laureates in Economic Sciences. The Academy has…

Simple Explanation of Union Budget

The Annual Financial Statement or the Statement of the Estimated Receipts and Expenditure of the Government of India in respect of each financial year is popularly known as the Budget….

Recommendations of Rangarajan Committee

The Rangarajan committee on 12th october presented a road map for phased decontrol of the highly regulated Rs 80,000-crore sugar industry by suggesting removal of the levy obligation, release mechanism…

Summary of approved 12th Five Year Plan

  Author: Parveen Kaswan (Follow for more updates) The government on 4th october approved the 12th five year plan (2012-17) document that seeks to achieve annual average economic growth rate of…