“Recession is when your neighbor loses his job. Depression is when you lose yours”
Ronald Reagan
Regan was the most practical man when he explained recession. Year 2008 marked the most serious recession after the great depression in 1930. But the worst was not yet over. In 2008 it started with Lehman brothers. In 2011 it started [...]

It has been only months India got symbol for our centuries old currency ‘The Rupee”. Now Indian Rupee is passing through tough weather. It is depreciating day after day.

Now a days everybody is talking about recession. Economic headlines has become routine item in newspapers. All are discussing about global financial meltdown. Before  the fall of October the topic for discussion was skyrocketing crude oil price, which had touched an all time high of $147 per barrel in July this year. Inflation was also [...]