Indian Economics - FINANCIAL MARKETS IN INDIA

Overview India’s financial market is one of the oldest in the world It is considered the fastest growing and strongest among emerging economies Financial markets in India are under the purview of the Capital Markets Division of the Department of Economic Affairs of the Ministry of Finance The markets in India are regulated by the Securities and Exchange Board of India (SEBI) The PAN is the sole identification number for all transactions in securities markets Although there are more than 25 stock exchanges in the country, the Bombay Stock Exchange and the National Stock Exchange account for a large majority of securities exchanges  GOVERNMENTAL...

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General Studies - THE RASHTRAKUTAS

Overview The Rashtrakutas ruled large parts of southern and central India from the 6th to the 10th centuries CE The Rashtrakutas emerged as a power after overthrowing the Chalukya Kiritivarman II in c. 753 CE The Rashtrakutas were based around the Gulbarga region of modern Karnataka The capital city of the Rashtrakutas was Manykheta (Karnataka) The Rashtrakutas were in continuous conflict with the Palas and the Pratiharas for more than two centuries Extent and lineage The Kailasanatha Temple at Ellora, built by the Rashtrakuta king Krishna I The Rashtrakuta dynasty was established by Dantidurga who overthrew the Chalukyas in 753 CE At the...

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General Studies - THE (LATER) CHOLAS

Overview The Cholas, along with the Cheras and Pandyas, are considered to be among the oldest and longest dynasties in Indian history. They ruled southern India in the later parts of the first millennium BC (Sangam period), and supposedly in even earlier pre-historical epochs as mentioned in ancient Tamil literature However, this article deals only with the later Cholas, about whom concrete literary, epigraphical and archaeological evidence has been established. In this article Cholas refers to later Cholas The Cholas ruled large parts of Southern India including Tamil Nadu, Kerala, Andhra Pradesh and parts of Karnataka from the 9th to 13th...

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Indian Economics - FOREIGN TRADE IN INDIA

Overview In 1950, India’s share in total world trade was 1.78 %. By 2002 this had dropped to 0.8 % India has a total foreign trade of around USD 489 billion. Of this imports accounted for USD 303 billion and exports USD 185 billion Based on 2008-2009 data, India’s largest trading partner is the UAE (total trade USD 48 billion) India exports the maximum to UAE (USD 24 billion) and imports the most from the People’s Republic of China (USD 32 billion) Foreign trade in India falls under the purview of the Department of Commerce under the Ministry of Commerce and Industry Top trading partners Rank Country Exports (USD billion) Imports (USD billion) Total trade (USD billion) 1 UAE 24.4 23.8 48.2 2 PRC 9.3 32.4 41.8 3 USA 21.1 18.5 39.7 4 Saudi Arabia 5.1 19.9 25.0 5 Germany...

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