My Drops!

Mark Twain once said, “Good Friends, good books and a sleepy conscience: this is the ideal life”. Few might agree to this but many putatively might not as many things and activities of many lives are associated with friends. But do good friends exist in non-ideal life? Many people might take it as dramatically acceptable while few might take it to contra-note. One might find it strange to believe if any economics exist among the friends, but the fact being that it does exist, since the childhood. Both behavioral and financial investments exist among the friends. Time is money and time is one of the most expensive resources on earth. This is the major resource that is invested in friendship, but unfortunately it is absolutely zero-valued when it comes to friends. The investment or economics among friends is very interesting; as it violates one of the basic principles of life and economics “There is no free lunch”. Usually, among the friends, the lunches are free and thus, it stand...

Research and Development section, commonly known as R&D or RD, is very important in an organization and stands as backbone to the organization. May it be in the engineering sector, medical sector, communication sector or the socio-economic sector, R&D is very important by its kind only. After few lines of praise for R&D, people must be eager enough to know what R&D is and what does it do? Fig: Research and Development Expenditure (% of GDP)                                                                      Data Source : World Bank  Initially, the concept of R&D ...

The recent development in the macroeconomic indicators has been in the positive trend, but the usefulness of the same remains the question. The economic growth rate has been lower than the estimate on one hand whereas the inflation rate, the trade deficit and the remittance has been in the rising end.             Though the estimated growth rate of the GDP was 5.5 percent, the GDP growth rates remained much less, less than the growth rate of previous year (4.5 percent). The GDP growth rate at the basic price showed the rate of 3.56 percent whereas the growth rate at the producer’s price did not cross 3.7 percent. This justifies the lack of proper research and development (R&D) in the making of plans which not only made the targets ambitious but also did not help tackle the contingencies that would come in between the smooth implementation of the development program. The most contradictory part of the macroeconomic planning...