Category: Economics

Auction Theory: The 2020 Nobel Prize Winner

A little about Nobel Prizes The Nobel Prize is not a single prize, but 5 different prizes in the fields of Physics, Chemistry, Physiology/Medicine, Literature and Peace. It is widely regarded as the most prestigious award in one’s respective field. The man behind the Nobel Prizes is Alfred Nobel, a Swedish Engineer, Businessman and Philanthropist. […]

China a neighbour hood or a threat

“In this world, fear has no place. Only strength respects strength. We must stand not only as a military power but also as an economic power. Both must go hand-in-hand”-A.P.J Abdul Kalam. In 1947,when Republic of India became free, China additionally went through a troublesome amount of seperations, conflicts and revolutions. Today, China has emerged […]

BILATERAL TRADE BETWEEN INDIA AND CHINA

Bilateral trade between India and China has been prominent in the 21st century. Through cooperation and interdependence, the two nations have been able to establish a trade relationship that benefit’s both economies. China has emerged as India’s largest goods trading partner. This has brought advantages for India such as the availability of low priced products, […]