The GDP takes into account the increasing (or decreasing, for that matter) size of a country’s economy. Rarely does any government around the world run a fiscal surplus, and almost all governments run a deficit; that is, they spend more than they earn.
The Indian government is no different. The following chart plots the fiscal deficit since 2000-01.
On 15 April 1983, the New York Post ran what is considered one of the best headlines, if not the best headline, that an English newspaper has ever run. Read more
On 15 April 1983, the New York Post ran what is considered one of the best headlines, if not the best headline, that an English newspaper has ever run. Read more
At the beginning of this year, one dollar was worth around Rs 74.50. The rupee breached the 80-per-dollar mark on Tuesday, losing value against the American currency. This is after ... Read more
At the beginning of this year, one dollar was worth around Rs 74.50. The rupee breached the 80-per-dollar mark on Tuesday, losing value against the American currency. This is after flirting with the eighty level for a while. Read more
A large portion of the LinkedIn crowd is faking and churning out a lot of content, and given the amount of content being churned out, it is hardly surprising that a lot of it is pl ... Read more
A large portion of the LinkedIn crowd is faking and churning out a lot of content, and given the amount of content being churned out, it is hardly surprising that a lot of it is plain and simple bullshit. Read more
Last week was exactly like that, leaving me in a terrible mood. And a bad mood leads to bad writing, something that I can’t afford, given that I don’t know of any other way of maki ... Read more
Last week was exactly like that, leaving me in a terrible mood. And a bad mood leads to bad writing, something that I can’t afford, given that I don’t know of any other way of making a living. Read more
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