“It doesn’t matter if a cat is black or white, so long as it catches mice.” – Deng Xiaoping, Former Chinese premier These words of none other than the architect of liberalized China indicate the spirit of modern China- the...

Prelude : “... reserve currencies come and go. They don't last forever. International currencies in the past have included the Chinese Liang and Greek drachma, coined in the fifth century B.C., the silver punch- marked coins of fourth century India,...

If I am going to sing like somebody else, I don’t need to sing at all…                                                                                                                         -Billie Holiday                    How true is this particular saying of the famous singer in building a branding strategy? And how truly it has been...

Equity and Corporate Debt market: The Indian capital markets have transformed since the economic reforms in early 1990’s and are now  comparable with international best markets in trading and settlement infrastructure, risk managementsystems, efficiency and levels of transparency and governance,...

A few months back, some businessmen launched world’s first gold ATM in London. You put in your credit card and the machine will give you the real gold. The current global economic scenario has become increasingly interesting with the gold...

Foreign Exchange Market The Indian foreign exchange market has witnessed far reaching changes since early 1990’s following the phased transition from a pegged exchange rate regime to market determined exchange rate regime in 1993 and subsequent adoption of current...

Credit Market: The key objective is to efficiently allocate savings to productive sectors of the economy. Starting early saw the introduction of a liberalized regime to increase efficiency and reduce net performing assets ( NPA’s) in the banking sector. Interest...

The key objective of banking and financial market development is to aid economic growth and development, with stability and equity across sections of society, so that the gains of development are shared equally ( or at least less unequally)...

As any reader of the business press would know, IFRS is finally being made mandatory from FY12-13 onwards, with transition rules implying application of IFRS to FY11-12 period also for comparable prior period reporting. While reams have been written...

1. The contest is open to Indian nationals only. 2. The article should be original and free from any form of plagiarism. If found to have plagiarism, the article will be immediately disqualified from the contest. All sources and references...