The roots of the Indian banking industry go back to the 18th century when the first bank was established here. In 1969, the trend of nationalization of banks started and the economic reform of 1991 saw the privatization of the industry.
The sector is now mainly divided into public or private sector banks, regional banks, [...]

The household income and consumption of the households in holds key to the data where results are adjusted to the household size. Different countries are using different techniques, standards and procedures for data collection and their adjustment according to their market. An income-based survey will normally show an unequal distribution as compared to the survey [...]

According to the global market exchange rates, India is the 11th largest economy in the world. It is also the fourth biggest by purchasing power parity or PPP. After Independence, it was in the 1990s that saw the face of Indian economy shaping for a better future.

India has become the hub of international investment [...]

India is world’s one of the most-populous democracy which is growing, even during the time of global recession. The year 2007 saw an increase of 9.1 % in the GDP which made it world’s number two in the economic growth. Supported by the strength of fourth largest armed forces, India is considered as a strong [...]