Retail Sector: A Hitherto Ignored Subdivision in Real Estate India

Retail sub-division seems have been given the step-motherly treatment by the real estate entrepreneurs, consultants, builders, and developers. So far, the focus has been more on residential sector. But the retail sector too bids lucrative potentialities to the budding realty entrepreneurs. Owing to the ever increasing population of the departmental stores, the retail management has become an important division of the marketing chain. Organized retailing has come out to be an important field in the country. Presently, there are 1.2 crore retailers in the country, most of which are part of an unorganized sector. In India the overall value of the retail marketing sector is estimated at Rs. 12,000 crores and is expected to augment by Rs 1 lakh crore by 2010 A.D. As per a Mc Kenzie report the retailing sector is the second largest (after agriculture) in India. Globally also, overtaking Finance and Engineering, Retailing has taken shape of the largest industry.50 out of Fortune 500 companies and 25 of Asian Top 200 companies are retailers.

Economic Forecasting: The Basics

Unlike inaccurate weather forecasts where we can make alternate plans with little or no consequences in the larger scheme of life, wrong economic forecastsing can have serious consequences. Even when making decisions about your financial future involves educated guesses, guessing may be a better alternative than making no forecast at all.

2005: Year of the Balance of Power

In 2005, Economics, Politics, Business, Technology, and Media have all seen a balance of power. An Analysis.

Market Influence of Interest Rates

The result of rising interest rates is that there is an increase in mortgage payments resulting in a lower demand for housing. On the other hand, a fall in interest...

Basics of Welfare Economics

Human beings are the building blocks of society. The societies agglomerate to make states. And then the nations are formed. The economy of a nation is the indicator of its prosperity

Why Do Americans Keep Spending Despite The Enormous Account Deficit?

Despite a widening account deficit, the US seems to steam ahead of its other western counterparts. Why is it that Americans are spending more than ever, even in times of an unpredictable future? Who, or what is responsible for this phenomenon?

2006 Retail Sector; Is The Industry Taking on Water?

Retail sales were projected just before the first week of January 2006 to experience modest growth throughout 2006. Some analysts predicted as high as 4.7 to 5%, but now some are re-adjusting their figures.

Making Sense of Medicare Changes

Figuring out new Medicare prescription plans is difficult to say the least. Useful facts are vital to help you make the most of these new changes.

Oil - Beyond Upstream and Downstream

The state of the union signals the end of a trend. Follow the developments in the energy markets...

Need to have Alternative Fuels

Need to have Alternative Fuels. The world is growing a greater pace than ever before. The demand for the fuel is growing day by day.

Competition, Consumer Policy, and International Cooperation

Obviously as the World moves closer together we see more and more cross-border issues which require cooperation with other nations to protect consumers, foster competition and keep things moving smoothly.

State of the UK Economy 2006

Analysis about the current state of the UK economy. Examining prospects for the UK economy in the coming year. In particular focusing on unemployment

The Role of the MPC in Controlling Inflation in the UK

An examination of how the MPC has played an important role in controlling inflation in the UK. Also looking at other factors that have helped reduce inflation...

New York Green Building Initiative

As is occurring in many states, New York is trying to promote Green Building practices. The state is doing it by offering tax credits as financial incentives.