Financial Economics

China is an emerging superpower from Asia. China has shown a significant amount of raise in GDP and development in the country. The credit to this development has given to the policies and steps taken by the Chinese Govt. in past. The expansion of their business is appreciable but nowadays these Chinese investments forced other countries to double check of their decisions to invite China into their country. We have different examples like Sri Lanka & Pakistan etc. China has invested in those countries heavily and taken their assets on a lease. This is creating a pressure on the other countries like USA and India. China has now extended his reach to Oceania, and it seems like Australia is a hot spot for China. Australia also has given a boost to relations with China. I am not saying the relationship with China is bad for Australia, but I am saying Australia is over-dependent upon China. To understand let's see in detail. 1.       Exports and...

As we know the Indian Economy is divided into three parts i.e. 1. Agricultural  2. Service 3.Manufacturing  In this blog, we are going to discuss the impact of GST on the manufacturing sector. In early stages, the agricultural sector was the most contributor for the economy, but this scenario is soon got changes as the Narasimha committee presented the LPG in India in 1990 ( Liberalization, Privatization, Globalization ). This creates a new boom in the Indian economy and soon after we saw the results as service sector started holding the grip on the economy. This is going great for the service sector, but the manufacturing industry is not responding as per the expectations. There is little noticeable difference, but it surely surpasses the agricultural industry, but it's not up to the mark many times government try to help this sector via globalization, reduction in tax and creating specific zones. It is a theoretical part but still, we can see the service sec...