Data Digitisation At a time when information and data are becoming an integral part of every organization‚ people have realized that paper records‚ books‚ and journals are not as handy or safe as CD-ROMs. Information must be stored in such media that the storage is safe and the retrieval is quick. The age of Data Digitisation has begun. Digitisation is the process by which physical or manual records such as text‚ images‚ video‚ and audio are converted into digital forms. This is of paramount
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Vietnam faces more price hikes despite inflation woes Vietnam’s government is set to raise electricity prices by 15% on Tuesday‚ at a time when the population is already struggling with a soaring cost of living. Last week the Vietnamese government also raised the retail prices of oil products by as much as 24%. In February‚ inflation hit a two-year high of 12.31%. Analysts say despite the government’s measures to tighten monetary policy‚ price pressures are likely to continue. "The increases
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“A REPORT ON INFLATION IN INDIA AND SUGGESSTIONS TO CURB THE INFLATION” By: VIKRAM.G.B 2nd M.COM V.D.C ABSTRACT: India is one of the trillion dollar economy in the world and known for its unique qualities which is turning itself into a hot destination for foreign investors and there are also certain problems which is retarding its economic growth as of today among many major economic problems INFLATION is also one and in past recent months it went to double digit also. In this
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BFA726‚ Corporate Law and Regulation 25 Tutorial 9 – Week Commencing 23/09/2013 (Covers material from Chapters 19 & 20) Question 1 Should a company be allowed to pay a dividend to its shareholders even if the company’s net assets fluctuate over time? Question 2 Spec Pty Ltd (Spec) is a property development company. It owns parcels of rural and semi-rural land in Victoria. Bill owns 80% of the shares in Spec and controls the composition of its board. Last year the company made a small trading
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Inflation in Russia Inflation in Russia is characterized by the contrast. The most striking example - unreasonably high growth rate of inflation in the medium of the poor and reduce the cost of living for the wealthy strata of the population. Poor in Russia is much more than the rich. Poor mainly acquire essential goods and the high demand for them. Because of this‚ their prices are rising faster and more intense than for other goods. As a result‚ the poor are gradually becoming poorer and the rich
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Article about Inflation Subject: Economy Submitted: Thursday‚ 29 November 2012 By: ID: 014201000039 Name: Joseph Amos P President University‚ Cikarang Baru‚ Bekasi‚ Indonesia 2012 Economics is the most important aspect of a country. The reciprocation of a country is seen in terms of economy. Economics also become a benchmark of development and prosperity in a country. Why does the economy become vitally important in a country? The word "economy" you hear about in everyday life and are
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Inflation in Bolivia is at 7.18%‚ making the country fourth among the countries of its region. The cost of food products increased the most and‚ according to analyses‚ the ever growing demand from China and low production due to climactic conditions also influenced these annual numbers (Prensa‚ 2011).International analysts point at the Bolivian gasolinazo as the factor that increased inflation to 7.18%‚ way above the country’s initial inflation rate of 4.5% at the beginning of the year 2010 (Prensa
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Understanding inflation targeting I C. Rangarajan nflation targeting is back in the news and this is welcome. I have always held the view that the dominant objective of monetary policy is the maintenance of price stability. Inflation targeting gives precision to the concept of price stability. In any monetary policy framework‚ a key ingredient is an enunciation of its objectives. This aspect has assumed increased significance in the context of the stress being laid on the autonomy of central banks
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Introduction: 1.1. Inflation – General Definition: Inflation indicates the rise in price of a basket of commodities on a point-to-point basis [1]. Inflation is caused by a persistent increase in the prices of goods and services. Inflation measures the increase in the cost of living over a period of one year. For example‚ if a set of commodities bought in January 2000 cost Rs 100‚ and the same set of commodities bought in January 2001 cost Rs 110‚ and then the inflation rate is 10%. The
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Money and Inflation The nation’s economic stability has many factors which amount to inflation. Inflation may be caused by a number of problems‚ but there are some specific examples which have direct control over which way the prices and spending sway. Inflation simply means that the American dollar‚ in this case‚ is less valuable on the foreign exchange market and the gold standard is moved to higher prices; which simply means that more currency is needed to exchange for gold. Any slight
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