Thus, the power of these currencies to purchase was put on par across countries, giving purchasing power parity. As such, this statistic can be interpreted as the relative size of the Indian economy if the whole world used the Indian rupee price levels. Read more India: Share of global ...
India lags behind China for decades. There is indeed no comparability. Hey, today is Dassehra. If you search for home portable temples on Amazon (or purchase from nearby stores), you will get a product
The PPP exchange factor is the no. of units for a nation's currency to purchase the same amount of goods and services in the local market as a US dollar would.
Suppose an US importer has agreed to purchase a certain quantity of a good or product from Indian Exporter worth Rs. 10,000, he has to convert equivalent dollar amount to INR and pay the exporter. This is where foreign exchange market comes into existence so that such transactions become...
This in turn affects the ability to purchase basic needs (such as medicines, education for children, etc). Women and children in particular are the hardest hit especially when access to safe and adequate sources of water are low, resulting in high vulnerability in terms of health. Women are ...
In particular, the bill defines abusive conduct to include: (i) discriminatory conditions in the purchase or sale of goods or services, (ii) restricting production of goods or services, or (iii) indulging in practices leading to the denial of market access. Depending on the facts...
India possesses richness and diversity of culture and climatic conditions and natural and mineral resources. A new spirit of economic freedom is stirring in India. Today, India is said to be the third largest economy (in terms of purchase power parity) in the world. A series of ambitions econ...
When it comes to meat, there are many different types of meat available in India which isn’t common in America. Also, if you want to buyfish in Americayou will find that there are many varieties of fish available for purchase such as salmon, tilapia, tilapia, tuna, and others. ...
On air modernization, the government is in the process of finalizing the commercial and technical terms for the final agreement for the purchase of 126 MMRCA Raphael fighter aircraft from France. The long pending Fifth Generation Fighter Aircraft (FGFA) has faced delays on account of terms of wor...
As the retail industry evolves, consumers want more variety before making their purchase decision. A study on consumer outlook suggests that over 80 percent of consumers want a wide range of products at hand while shopping. This signifies that people are finally ready for multi-option ...