I have a independent mind & opinion. I dont care what RBI or other economists say.
In India core inflation was never above 6%. CPI was in double digits due to food & commodity prices. Repo rate in India was never above 8% in recent past. So even RBI was of the opinion that high inflation of...
Merkel will be out. But Germany will not be able to deport refugees.
Australia has the best policy for illegal immigrants. Catch them & send them on isolated island. People automatically get the message and stop coming.
Germany is a stupid country. Give free payout to refugees & invite them...
Inflation affects growth only if it is too high or too low. India never had so high inflation that it would have affected growth. For a low per capita income country like India demand is always there. Growth depends on how you remove constrains on supply side. Modi has done precisely that by...
No. Why ban only Hindu festivals. Trees are cut for Christmas. Animals are killed for Eid.
In India during Dahi Handi & Ganesh Chaturti & Durga Puja loud speakers is not allowed after 10 PM. But Masjids are allowed to use loud speakers for whole year at 5 am in morning.
BJP is still the largest party in Bihar in terms of vote share. Congress party kept on criticizing Modi for decade & he became PM of India from being nobody. Modi is already the 9th most powerful leader in world.
Pakistan's obsession with India is destroying its economy.
Modi is planning to make India a global textile manufacturing hub. No way can Pakistan compete with India. Plus India has advantage of being largest producer of cotton in world.
Dont worry. For Pakistan we have Saurya missile which is a hypersonic ballastic missile which has flat trajectory & does not leave atmosphere. Difficult to detect & has pre programmed flight path to evade SAMs. Indian nuclear weapons will surely hit Pakistan with this missile.
Price of oil affects inflation. Not GDP growth.
You have given formula for real GDP. Net export is calculated on volumes not price of imports. Even if price has reduced volume of oil import has increased. So this does not increase net exports & growth as you think.