Money Matters - Simplified

Economy

China's Back: China's Economy Blossoms after Great US Demand

It seems that the China's economy is all set to follow the ride where fresh dew drops of resilience for the country is being witnessed by the analysts. The same was visible in the data released by the General Administration of Customs on Sunday.

Flailing rupee, rickety markets, leave engineers unwaged in Andhra Pradesh

Go ahead study hard, can be heard from the mouths of many elderly and wise people, but is this right? We are sure the thousands of engineers who have slogged nights to get their degrees are some “not so happy” graduates at the moment. They are employed in menial jobs and are dejected at the thought of the future.

Russia Looks East as Relations with Europe Deteriorate

The standoff between the U.S. and the EU on one hand, and Russia on the other, intensified pretty quickly late last week. The U.S. quickly slapped heavier sanctions on Russia after its annexation of Crimea, leading to a mutual escalation of retaliatory measures. However, it appears that the West gained a bit of leverage at the moment, as the Russian economy has shown some cracks amid uncertainty over how bad this is going to get.

Piracy is a crime and it is here to stay!

Piracy is a crime and it is here to stay

Over the years, the illegal download and sharing of content on peer to peer networks has gained tremendous popularity, which directly harms the content owners who are left deprived of the millions of dollars of revenue they actually deserve.

Russian Prime Minister invites Facebook CEO

Facebook CEO will meet Russina Prime Minister to discuus new ventures.

Subsidy bill to hit 2.4 percent of GDP this year - Chidambaram

Major subsidies are going to gobble up as much as 2.4 percent of Gross Domestic Product (GDP) of the country, says the Finance Minister, P Chidambaram.

Indian government reins fiscal deficit, diesel up Rs 5 per litre

The Government has discovered a new way to rein the fiscal deficit- it has raised the price of diesel by Rs five.

HSBC cuts India GDP forecast on lack of reforms

Indian GDP growth forecast cut by HSBC

Global banking behemoth HSBC cut India Gross Domestic Product (GDP) forecast owing to a couple of factors, primarily being the lack of reforms and a challenging global economic backdrop.

US companies brace for imminent Grexit

Efforts by Greece to avoid defaults on its payments notwithstanding, US companies have already started preparing contingency plans to brace for imminent Grexit, the likely scenario of Greece exiting the Euro.

Prepare for contingency if Greece decides to quit currency

euros

Are the contingency plans prepared, if Greece quits single currency?

The leaders of European Union are being advised by senior officials to prepare contingency plans in