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Energy Security : Perspectives, Problems and Prospects
Oil is the most valuable and desirable asset in the world today. Almost one third of India’s energy supply is produced from oil. It is well accepted and un-debatable that it is the heart of the India as well as world economy. But the gap between India’s oil demand and supply is widening temporally, as demand reached nearly 4 million […]

Can Renminbi be the next reserve currency ?
Reserve Currency & Its Importance: Reserve Currency is a foreign currency that the central banks and other major financial institutions hold for international trade, to pay off international debt obligations, or to influence their domestic exchange rate. US Dollar is the current primary reserve currency. Attaining a reserve currency status allows the issuing country to borrow money at a cheaper […]