Hindush Today

By: Hanaa Metwalli May 11th, 2019

Monetary policy is the action of controlling the supply of money in the economy by controlling interest rates. This is done by monetary authority of a country in order to maintain price stability and aim towards a high economic growth. In India, the central monetary authority is the Reserve Bank of India (RBI). Other objectives of the monetary policy of India, as stated by RBI, are:

Price stability: concerned with promoting economic development while emphasising on price stability

Promoting Efficiency: It is another fundamental aspect where the national banks give a ton of consideration. It tries to increase the efficiency in the financial system, and tries to incorporate structural changes such as deregulating interest rates, easing operational constraints in the credit delivery system, introducing new money market instruments, etc.

Restriction of Inventories and stocks: Packing of stocks and items getting to be obsolete because of abundance of stock regularly results in ailment of the unit. To maintain a strategic distance from this issue, the focal money related expert does this fundamental capacity of confining the inventories. The fundamental goal of this arrangement is to maintain a strategic distance from over-stocking and inert cash in the association.

By: Hanaa Metwalli May 10th, 2019

By: shaikha Al Falasi                                                               May 10th, 2019.

Download the template and solve it. Check the attached solution after finishing. Don’t Cheat!

By: Hanaa Metwalli                                                                May 11th, 2019.

By: Dina Hussam                                                                    May 10th, 2019.

Mumbai Indians players, who had a full-length training session at the Rajiv Gandhi Stadium on Friday, will bank on the ‘feel good’ factor from the last time they played in an IPL final here in 2017 when they defeated Steve Smith-led Rising Pune Supergiant (which also had M.S. Dhoni) by a thrilling, one-run margin. For the captain Rohit Sharma, it will be a familiar turf having played for Deccan Chargers earlier in the IPL

By: Hamda Beloyaha                                                            May 8th, 2019.

1. Diwali: The Grand Festival Of Lights With lots of pomp and show, Diwali, one of India’s most prominent Hindu festivals, is celebrated. Houses are decorated with clay lamps, candles, and Ashok leaves during this festival of lights. People wear new clothes, take part in puja family, burst crackers, and share sweets with friends, family and neighbors.

By: Uhoud Al Jarman                                                          May 1st, 2019.

By: Uhoud Al Jarman                                                          April 27th, 2019.

By: Uhoud Al Jarman                                                             April 20th, 2019.

By: Shaikha Al Falasi                                                            April 16th, 2019.

By: Dina Hussam                                                                April 10th, 2019.

Modern economists believe that natural resources (i.e. minerals, climate, water accessibility, energy sources, etc.) play a major role in a country's economic development. A country that has abundant natural resources can develop faster than a country that lacks such resources. The presence of abundant resources, however, is not a sufficient condition to explain all aspects of economic growth. People are creating and managing economies. These individuals must be able to fulfill the duties necessary to create such a strong, withstanding economy. Economic growth and decline issues depend on the population. This is called human capital, and it’s crucial to understand the role that populations play in the growth or decline of an economy in order to truly understand the world.

By: Hamda Beloyaha                                                               April 1st, 2019.

A business cycle is a cycle of fluctuations around its long-term natural growth rate in Gross Domestic Product (GDP). It explains the expansion and contraction that an economy experiences over time in economic activity. When it passes through a single boom and a single sequence contraction, a business cycle is completed. The length of the business cycle is called the time period to complete this sequence.A period of rapid economic growth is characterized by a boom, while a period of relatively stagnant economic growth is a recession. Expansion is the first stage in the business cycle. Positive economic indicators such as employment, income, output, wages, profits, demand, and the provision of goods and services are increasing at this stage. 

By: Dina Hussam                                                             March 25th, 2019

India's mining industry accounts for 11 percent of the country's industrial GDP and about 25 percent of the country's total GDP. The country's small-scale mining contributes about 6 percent of the country's total mineral production costs. Around 700,000 people are employed in the industry. As of 2012, the country was the world's leading producer of sheet mica, the world's third-largest iron ore producer, and the fifth-largest bauxite mineral producer. Mining in the country has been known for human rights violations and environmental pollution, and in the recent past the industry has been marred by several high-profile mining scandals. There is not even mineral distribution in the country, and it varies from region to region. Experts in the country have identified five different mineral belts including the north-western belt, the south-western belt, the southern belt, the central belt, and the peninsula belt of the north-east. India has more than 3,100 mines, with more than 550 of these mines being a source of mineral fuels and more than 560 being a source of metal minerals, while more than 1970 are a source of non-metal minerals. The country also has both the coal ministry and the steel ministry.

Coal is India's largest mineral resource available, ranking it as the fourth largest reserves of coal in the world.

Domestically supplied minerals are an important basis for the diversified manufacturing industry in India, as well as a source of modest export revenue. Nationalizing many foreign and domestic businesses, initiating and managing others by government gave the Indian government a predominant role in the mining industry. However, as private investments have grown, government involvement has been gradually reduced. Particularly abundant are iron ore (usually of high quality) and ferroalloys, notably manganese and chromite, among mineral resources, and all are widely distributed across peninsular India. Building stones, ceramic clays, gypsum, graphite, mica and diamonds are important non-metallic and non-fuel minerals that can be found across the nation.

By: Shaikha Al Falasi                                                         March 23rd, 2019.

India is spending less on food, fuel and fertilizer subsidies like the $2.6 trillion economies seeks to narrow its budget gap to the lowest in 11 years. However, the fiscal deficit goal of 3.3 percent of gross domestic product still faces risks from high crude oil prices and pressure on the government to spend more before general elections next year. India met the upwardly revised fiscal deficit target of 3.5 percent of GDP in 2017/18.

India reported a fiscal deficit of $62.57 billion for April-June, or 68.7 percent of the budgeted target for the current fiscal year, better than 80.8 percent a year ago.

The government's optimism to meet the fiscal target is due to higher tax collection in the first quarter. Driven by a sharp rise in indirect tax collections in April-June 2018, government's gross tax revenues jumped 22 percent in the quarter, while the net tax revenues rose faster at 34 percent. However, there was modest growth in direct tax as corporate tax collections were lower in the quarter compared with the year-ago figure.