World’s Happiest Country – Where Does Your Country Stand On The List?

Every year the World Happiness Report with close association to the United Nations, releases names of countries, listing out the happiest, most people-friendly Nations in the world. This year, like the last year, another Scandinavian country has claimed the top position – Denmark. Last year, Switzerland had topped the list though Denmark had claimed the [...]

By | March 26th, 2016|Economic News|0 Comments

A Brave Step Forward – Nepal Adopts Green Economy

For a beautiful country, well blessed with breathtaking locales and the tallest mountain range in the world, last year, Nepal witnessed an insufferable loss with the deadly earthquake which claimed thousands of lives overnight. The country not only suffered the disappearance of almost all heritage sites in the country but also received a blow of [...]

By | March 14th, 2016|Economic News|0 Comments

Indian Union Budget 2016 Highlights – How Expensive Is This Year Going To Be?

The last week of February witnessed a declaration of this financial year's budget in India. Finance Minister Arun Jaitley's decisions were not entirely accepted by certain sections of people in the country – nevertheless, the budget put forth a lot of reasons for our happiness. What's Going to be More Expensive in 2016-17? Cars Cigarettes [...]

By | March 11th, 2016|Economic News|0 Comments

India Shining 2016 – World’s Largest Democracy Declared The Fastest Growing Economy

With the World Economic Summit coming to a close in Switzerland just a few days back, things are looking up for Prime Minister Modi's Indian Government. According a newly published report, India has been projected to be the world's fastest growing economy. Regarding the new ray of hope in the Indian economic scenaio, The Economic [...]

By | February 4th, 2016|Economic News|0 Comments

Rush Hour to Startup India – How Much Do We Know?

Would you resign your job at an American MNC and dare to build it's competitor in India? Would you let go of an assured placement opportunity with a Fortune 100 company and start your own enterpreneur venture right out of college? As middle-class Indians, we are tuned to not take such risks and dive in [...]

By | January 23rd, 2016|Economic News|0 Comments

The Yuan Issue – What Do We Know About The New Reserve Currency in The Global Market?

On the 30th of November, 2015, The International Monetary Fund (IMF) announced its decision to declare the Chinese yuan, (or the renminbi), as a reserve currency. This declaration would result in Yuan being listed with other major currencies like the U.S. Dollar, the Euro, the British Pound and the Japanese Yen. This impending decision could be seen [...]

By | December 7th, 2015|Economic News|0 Comments

The Slow but Steady Economic Growth of India

India’s economic history since it attained Independence can be divided into two distinct phases – the 45-year period to 1991 when it was largely a closed economy, and the period after 1991 when economic reforms led to revitalization and rapid growth. India faced a host of daunting challenges when it became an independent sovereign nation [...]

By | November 28th, 2015|Economic News|0 Comments

Terrorism and World Economy – How does it affect Us?

No matter which part of the world we belong to, terrorism strikes at the very heart of humanity. The feelings we elicit as we hear about a strike of terror could be termed universal – fear, dread, shock, revulsion and an endless feeling of uncertainty. This feeling of uncertainty is usually at its peak after [...]

By | November 21st, 2015|Economic News|0 Comments

Developed and Developing Countries – How Do You Differentiate?

“Global poverty is a complex web of interlinked problems. There is no one 'silver bullet' that will solve global inequality.” – Adam Brawn A few years back, I had read a small excerpt on 19th century socio-political conditions where there was a line about how even all of nature’s creations reflect inequality. From the day [...]

By | October 19th, 2015|Economic News|0 Comments

The March of Bears in US Stock Market

We at SMS believe that US stock market is about to be corrected and will see some downfall. We are constantly watching and advised our readers who are vested in US stock market to be highly careful for the last few weeks.  But now we are actually suggesting them to sell their stocks and liquidate [...]

By | September 28th, 2015|Economic News|0 Comments