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This article highlights how certain macroeconomic indicators in India are suggesting that the Indian Economy may be recovering from a "valley" in India's Business Cycle. Aggregate Demand is increasing due to the increase in consumption (the article specifies tourism and domestic air travel). Furthermore, "foreign trade related indicators" have increased hinting at an increase in the aggregate supply of India as well.

"At the heart of India's skewered development story lies the paradox between India's phenomenal GDP growth and its abysmal score on human development." And this is exactly what captures the idea of HDI as a composite indicator of economic development. India is the proof that despite enormous economic growth (GDP growth), there has been no economic development. Although HDI has its drawbacks and presents a skewed image of the reality, the educational and health perspective each correctly depicts the Indian situation, making India one of the countries with the least HDI.

KARACHI: The trade potential between India and Pakistan is estimated to be around $20 billion against the current around $3bn, according to a working paper published by ICRIER. However, non-trade barriers (NTBs) and bureaucratic hurdles continue to impede growth in the bilateral trade. Here we see the restrictions of trade between India and Pakistan are causing problems and both countries want to work out an agreement to end such unnecessary barriers. Estimates say that $20 billlion in trade could be made between the two nations, more than 6 times the current amount. What's help up the removal of trade blockages is the need to agree on goods and service regulations, especially in textiles and banking.

India has objected to some of the clauses in the trade facilitation agreement and sought support for the developing countries' food security proposal at the World Trade Organization (WTO). In the latest rounds of talks, India has also made it amply clear that if there is no forward movement on G-33 nations food security proposal, trade facilitation would also not move. The G-33 is a group of developing countries.

Diwali is a big holiday in India, and according to a recently released study, last year experienced the highest noise pollution levels recorded on the day. Noise pollution is a negative externality for the production of fireworks and such products. The noise pollution is damaging to society because it detrimental to hearing, so more of society will have to pay for hearing aids or surgery. Also, the government will have to make the country more accessible to the hearing impaired.

The situation occurring in India right now exemplifies the conflicts behind allowing MNCs to embed themselves in a developing economy. FDI is a great source of income for developing economy, being an instantaneous source of employment for in that economy and being a mutually beneficial setup for MNCs in need of additional labor. The problem is that FDI tends to just be a band-aid approach, helping to sustain the economy and cover its financial issues but not really allowing said economy to progress any further. What certain government parties are saying to the Indian government is that they want MNCs to be forced into some sort of investment in India's future growth if those companies are going to embed themselves in the country.

The article talks about the effects of the trade deficit in India

The article talks about regional trading blocs in india and the win win situation for singapore

A policy for the price control of certain medicines was approved by India's cabinet this week. The goal is to make medicine more affordable than it already is to the poor (producers argue that there is already sufficient competition in the market to keep prices low).

This article talks about how the Indian government is imposing price control on certain drugs to. The government claims that its is doing this to make it more affordable for the poor. They say this will also help patients become aware of less costly alternatives to some drugs.

This article shows examples of price control because it talks about how the indian government has lowered prices on most major drug brands there. This hurts india because there are less investors.

I found this article very interesting, as it is the first article I have seen that mentions the correlation between having more people with higher education, and having a higher level of economic growth.

I know this may be a very ridiculous selection, but it points out one very obvious and necessary resource that many rural and suburban Indians do not possess, namely, a toilet!! The fact the even toilets can be considered a scarce resource was interesting, and helped to cement the idea that literally everything can be thought of as a scarce resource. The opportunity cost can be thought of as the other public works that Indians won't get because the government has to spend money on toilets. This also shows an example of economic growth, as the basic livelihood and welfare of Indian citizens may now increase, thanks to improved public hygiene.

India has further eased rules on foreign direct investment in a range of industries in an attempt to support the sliding currency and boost growth.The reforms still need clearance from the full cabinet.

This article gives a short briefing on how the Indian government are imposing price controls on a huge number of drugs in India. The new cabinet was forced by the Group of Ministers, and was also requested by the Indian Supreme Court, so it is obvious that this was necessary and quite urgent, as the court gave two weeks to fix the cause.

The article talks about how the fast economic growth of countries like China and India, will not be able to compensate for the economic slowdownin richer countries. There will be a negative growth in world economy. To improve world economy, most countries would need the aggreagate demand of countries like China.

China hits 96% of its output target. It blames rains for the slight miss of 4%. Also mines have been flooded which decreased the supply by a bit.

This article talks about how the prices of food have increased in many countries around the world. In the past years the price of wheat was low, for example in May it was about $200 but in September the cost rose to $400, just within some months. Economists say that the prices of foods have increased continually since 1845. Food scarcity is also caused by the weather because if there is no rain in a country then the crops would not be able to grow well for example Australia. However, the wants for meats in countries like China and India is high and this also increases the demands for cereals. The cereals are used to feed the animals in this countries so that the country can have enough meats.

This article is about the fact that, despite the best efforts of the Indian governments with welfare initiatives, the tribal communities throughout india are still struggling to develop. The HDI indicators within these communities are still poor.

The article talks about the living conditions of Indian people in rural areas. Their living conditions have not improved yet and there is a lot of work to do for the government.

The European Union and America are to open negotiations with the aim of creating the world's biggest free trade area worth €86bn (£75bn) within two years.

The article talks about the trade deficit in Europe. Prime minister Cameron wants to increase GDP by 0.5%. This would make a major difference to Europe's economy and could become a "game-changer". Cameron wants to accomplish this goal by breaking down trade barriers.

The European Union and America are to open negotiations with the aim of creating the world's biggest free trade area worth €86bn (£75bn) within two years. Breaking down the remaining trade barriers and securing a comprehensive deal will require hard work and bold decisions on both sides. EU and US economies account for nearly half of the world's economic output and a third of global trade, meaning that a transatlantic free-trade bloc would hold great sway over emerging economic superpowers China, Brazil and India.