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What is Meant by US Government Shutdown – US Shutdown of 2013 & Its Impacts

The United States Federal Government declared a nationwide shutdown on the 1st October, 2013, on account of failure to enact regular appropriations or a continuing resolution for the 2014 fiscal year.  Due to this as many as 800,000 federal employees were forced to take leave indefinitely without pay.  Approximately 1.3 million without immediate salary had to report to work.  Previously, in 1995-96 the US Government went in for shutdown.  Several questions arise in the mind of a layman.  The Read more [...]

Gold and Government of India: Impact of the Price of Gold on our Economy, Future of Gold in 2014

The year 2013 witnessed the Indian government taking a slew of measures to raise the domestic price of gold, like increasing the import duty on gold from 2% to 10%, and mandating RBI's 20:80 scheme, which states that 20% of imports have to be re-exported.  This wide difference between international and domestic gold prices has led to the legal smuggling of gold.  This in turn has led to a wide difference of about 10% in the market price of gold Exchange Traded Funds (ETFs) and their Net Asset Values Read more [...]

The Need for Interactive Features in Smart Watches

Patronized by Seiko (Japan), smart watches have been in existence for around three decades.  Early versions of smart watches allowed a user to feed data, view different time zones, and perform basic calculation.  The next generation of smart watches incorporated GPS and a host of other wireless sensor features, including thermometer, compass, altimeter, barometer, camera and accelerometer.  Several combinations of these features were developed to attract a specific set of consumers. However, Read more [...]

Comparison of Popular Online Survey Tools

Online surveys can be a huge help in understanding what your constituents think and how successful your programs are, without breaking your budget.  A number of low cost online tools provide easy interfaces for building surveys and viewing reports online.  These packages can be a great fit for smaller surveys where advanced question types, survey logic and results analysis are not required.  There are various sites for performing Online Survey.  Some of them are: SurveyMonkey SurveyGizmo Questionpro  Polldaddy  Limesurvey  eSurveyspro SurveyMonkey SurveyMonkey is Read more [...]

Online Survey- Benefits of Using Online Survey Tools

With the advent of the World Wide Web (Web or WWW) and electronic mail (email), the Internet has opened up new vistas in surveying. An online survey is a questionnaire that the target audience can complete over the Internet. Online (Internet) surveys are becoming an essential research tool for a variety of research fields, including marketing, social and official statistics research. According to European Society for Opinion and Market Research (ESOMAR), online survey research accounted for 20% of Read more [...]

Benefits of FDI in Indian Retail Industry – Foreign Direct Investment in India’s Single and Multi-Brand Retail Sector, an Analysis by DART Consulting

India has finally decided to allow global retail giants like Walmart and Carrefour to open stores in India.  With this decision, multinational retailers can invest up to 51 percent to open stores in 10 states and Union Territories which, till date, have agreed to implement the decision.  Minimum amount to be brought in by the foreign investor would be $100 million and outlets may be set up only in cities with a population of more than one million.  There have been many protests from political Read more [...]

Top 10 Retail Chains in India; Success Stories of Organized Retailing and Stories of Organised Retail Failure in India

The retail sector of Indian economy is categorized into two segments such as organized retail sector and unorganized retail sector. The latter holds larger share of the retail market. The key drives of the growth in retail consumption in India are basically i) Clothes, Textile & Fashion Accessories ii) Food, Grocery & General Merchandise The top 10 companies which have the most shares in organized retail market of India are Name of holding company Prime Banners  Pantaloon Retail Pantaloons Central Brand Read more [...]

How to Enter Bills in QuickBooks 2012? Review on QuikcBooks Electronics Payment System – Bill Entry

QuickBooks is a business accounting software used to record credit and cash transactions in business accounting. Any expense incurring through a credit card is entered as banking/credit card expenses and cash transactions are recorded in the form of Bill. For reference purpose, we need to maintain the record of invoices and the client details. Let us take a closer look at how Bills are entered in this particular software. The bill entry process is easy, convenient and simple. The user has to first Read more [...]

Reasons behind Indian Rupee Depreciation against US Dollar – The Indian Rupee Currency Conversion

One of the most visible signs of a strong economy is a stable currency. Indian Rupee has been stable for most of the 2000s which gave an impression that all is well with the fast growing economy. However, it has depreciated significantly against the US Dollar in 2011. Very few financial experts have predicted this kind of a downfall for the Indian Rupee. It has lost more than 20% of its value in 2011. Rupee is trading close to Rs 54 to a US Dollar now. Indian Rupee is now one of the worst performing Read more [...]

FDI Investment in Indian Retail Inudstry. Do we need Multi-Brand Retail in India?

It’s been a long wait for global retail giants like Wal-Mart, Tesco, Carrefour and others to set up shop in India. As the winter session started on 22nd November, the ruling party of India decided to lift the ban on big-box retailers’ investment in multi brand FDI. Soon the topic raised the political storm in the Parliament with several other issues like including price rise, separate Telangana and safety of Mullaperiyar dam and more. Market Views The BJP announced that it would not allow foreign Read more [...]