Effect of Rising Oil Prices on Indian Economy - 1981 Words

A rise in global oil prices by $ 10 per barrel would reduce Indias economic growth by 0.2 percentage points and also affect the countrys current account deficit, Goldman Sach said. A VAR (value-at-risk) analysis suggests that a $ 10 increase in oil would reduce GDP growth by 0.2 percentage point, Goldman Sachs said in its latest edition of Asia Economics Analyst. India on Monday voiced serious concern over the rising crude oil prices, which have touched a two-year high, and said it could badly affect global economic growth and even give rise to inflationary pressures. The current oil prices will spur global inflation and retard economic growth. India feels that this is the concern that needs to be addressed on priority, Minister†¦show more content†¦In this background, I found it reassuring to come across opinions from two unrelated quarters questioning the connection. CONFIDENT ASSERTION There is first the confident assertion of the Chairman and Managing Director of Indian Oil Corporation (IOC), Mr R. S. Butola, that the impact of higher crude prices need not always be severe, and can, in fact, be circumvented by means of some ingenious countervailing measures. The IOC seems to have achieved this by carrying out crash modernisation and upgradation of plants and shifting the dominant part of its business plan to petrochemicals. For instance, by using modern processes, IOC has been able to convert many black products into high-value fuel such as LPG and petrol, significantly raising the companys distillate yield from 71.5 per cent in 2004-05 to 75.4 per cent in 2010-11, and thereby extracting more high-value products from every barrel of crude. A recent IMF working paper (No.11/194) â€Å"Oil shocks in a global perspective: Are they really that bad?† is a scholarly exposition downplaying the gloomy prognostications associated with surging oil prices. The importance of the paper is that it almost exclusively focuses on the economies of developing countries. It goes into the relationship between oil prices and macroeconomic fundamentals, including economic output and value and volume of internationalShow MoreRelatedOil Prices And Rise And Fall Of Chinese Economy Essay1125 Words   |  5 PagesFalling crude oil prices and rise and fall of Chinese economy Who’s afraid of falling crude oil prices? Isn’t it something to celebrate from the consumers’ point of view, especially in the Asian region! The answer is perhaps â€Å"no†. Though the debate over the impact of plunge in crude oil price and its implications will continue for long, nothing can be said with fair amount of certainty as long as its link with the slowdown of Chinese economy. A substantial amount of work is being carried out by theRead MoreOil Refinery in India1710 Words   |  7 PagesOil Refinery in India An Industry Overview #8195; Table of Contents INTRODUCTION 2 GLOBAL VIEW ON REFINING 3 INDUSTRY OVERVIEW 4 REGULATORY FRAMEWORK 8 INDUSTRY ANALYSIS 9 FUTURE OUTLOOK 11 REFERENCES 12 THE ONCE RELIABLE CONSTANTS HAVE BECOME GALLOPING VARIABLES -ALVIN TOFFLER India the worlds seventh largest country and the second most populace nation has been a destination of unrealized potential. In the recent past it has seen as stir of economic activity changing the prim face of theRead MoreFood Price Inflation in India4918 Words   |  20 PagesCreation 4.4. Deficit of Government 5. EFFECT OF INFLATION 5.1 Negative effects 5.2 Positive effects 6. TOOLS TO MEASURE INFLATION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 6.1 National Income Deflator 6.2. Whole sale Price Index (WPI)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 6.3. Consumer Price Index (CPI)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 7. FOOD PRICE INFLATION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 7.1. what is food price inflation 8. GLOBAL SCENARIO 9. INDIAN PERSPECTIVE†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 10. CAUSESRead MoreThe Berlin Conference Of 1885 Sought To Regulate European1550 Words   |  7 Pagesabout it is extremely different. The growing influence of China and India in Africa is being watched with severe skepticism. Many people of the world see the two rising Asian economic powers as new colonial masters, exploiting resource rich Africa solely for their own benefit. While the Berlin Conference and doctrines such as the Indian Maritime Doctrine are created today to represent collaboration, there is not a reciprocal relationship between China and India with Africa, but one in which Africans’Read MoreImpact of Fuel Price Deregulation in India1735 Words   |  7 PagesImpact of Fuel Price Deregulation in India Introduction Empowered group of Ministers on Friday, 25th June 2010, took a decision to decontrol the petrol prices increasing it by 3.50 per litre that of kerosene by Rs 3 a litre. While petrol is mainly used by the middle class for cars, kerosene is used by the poor for power. Diesel prices rose by Rs 2 per litre and might be freed up in the future. Cooking gas prices were raised by Rs 35   a cylinder. Govt. has indeed taken a bold step by decidingRead MoreOutline Of An Project On Inflation Essay1141 Words   |  5 Pagesextra hectic to economists, politicians and even people also. Factors on both demand and supply effect the inflation. So the stabilization strategies ought to consequently focus on both demand manipulation as well as supply management. CONTENTS INTRODUCTION REVIEW OF LITERATURE CONCLUSION BIBLIOGRAPHY STUDY ON INFLATION IN INDIA Introduction Inflation means substantial and rapid increase in price of goods which in turn decreases the purchasing capacity of the people. It is a highly controversialRead MoreGlobalization and the Indian Economy2554 Words   |  10 PagesAND INDIAN ECONOMY Overview Indian economy had experienced major rule adjustments in early 1990s. The new-fangled economic change, widely identified as, Liberalization, Privatization and Globalization planned at making the Indian economy as fastest rising market and worldwide aggressive. The sequence of changes taken on with reverence to industrial division, trade and financial division planned at building the economy further effective. By the start of changes to free up the Indian economy inRead MoreGeneric Market And Industry Overview1389 Words   |  6 Pagescare market is shampoo, and the second largest product segment is the styling agent. The key players are PG, Unilever, L’Oreal, and Brynwood, which account for 64% of the market share in the United States (Hair Care in the United States, 2015). The Indian hair care market has been growing in the last few years, and it is forecasted to grow during the next few years. It increased and reached a value of $2,010.6 million. The annual growth rate of the market was 10.9% in the past few years, and it reachedRead MoreThe Use Of Steam By Burning Coal On The World Essay1451 Words   |  6 Pageswith their heavily armed steamboats. Europeans had been cut off from the vibrant and wealthy market of the Indian Ocean by the Islamic empire in the Middle East (). So when Europeans found a waterway around the Cape of Good Hope, allowing for them to enter the market, they were not kind to the peaceful and free trade region of the Indian Ocean. Initially, Europeans upon reaching the Indian Ocean could not instill their policies of forced trade, as the amount of trade between civilizations alreadyRead MoreThe Oil And Natural Gas Sector3323 Words   |  14 PagesEXECUTIVE SUMMARY Introduction The oil and natural gas sector is constituted of three major components – upstream, midstream and downstream. The upstream industry includes exploration and production, midstream includes processing, storing and transporting while the downstream industry includes oil refineries and distribution. It provides consumers with various products like petroleum, gasoline, diesel, lubricants. The purpose of our project is to study the downstream oil and natural gas sector industry

Protecting Life, Liberty, and Property in the Bill of Rights

Bill of Rights Essay â€Å" The government is morally obligated to serve people and protect their rights such as life, liberty, and property. â€Å" The Constitution had no effect against the Articles of Confederation. The Constitution was created to make a stronger central government to protect the rights of its people. The social contract protects the natural rights, while the Constitution protects every other rights, like adding an extra layer of protection. The writers intention of the Bill of Rights was to ensure the safety of citizens rights without them being violated. Most amendments apply in daily life, but it might not show. The First amendment, freedom of speech, amendment two, the right to bear arms, and amendment four, protects†¦show more content†¦Although the First amendment is very important, amendment two is also a huge factor for citizens. The Second amendment allows citizens to bear arms. The Second amendment means that citizens are allowed to bear a rms for house protection. Citizens are protected from jail fines, if the gun is a military type gun used for protection. The government must protect the citizens from any unreasonable gun laws and disarming. One court case involving the Second amendment was the United States vs. Miller on May 15th, 1939. Jack Miller and Frank Layton carried sawed off shotguns across state lines. Both were arrested and went into trial with the Supreme court. They won the court case at first, but the the National Firearms Act only allowed shotguns with an eighteen inch barrel to be owned. They both did not have a registering stamp to show that they paid for the tax. The ruling did not take place because Jack Miller had died. The Supreme court was sent to a lower level court to be dealt with. The case helped people remember about the National Firearms Act requiring all firearms needing the register stamp. Another court case with the second amendment is District of Columbia vs. Heller in 2008. Hell er was a special policemen who applied to register his pistol, but the District denied him. He enjoined the city to enforcing of the license and registration. The ruling was five to four, because the law interfered with the governments duty to protect citizens fromShow MoreRelatedWhat is the Bill of Rights?1440 Words   |  6 PagesThe Bill of Rights Essay â€Å"Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others.I do not add ‘within the limits of the law because law is often but the tyrants’ will,and always so when it violates the rights of the individual† -Thomas Jefferson. The Constitution was created because of the ineffectiveness of the Articles of Confederation did not simply protecting the rights of the people which the Founding Fathers was concernedRead MoreThe Case Of De Jonge V. Oregon Essay957 Words   |  4 PagesFreedom of assembly defines the right to hold public meetings and form associations without interference by the government. In the case of â€Å"De Jonge v. Oregon,† the Court protected freedom of assembly from state actions and rather referred to the Due Process Clause of the Fourteenth Amendment (â€Å"Dejonge v. Oregon - 1937†). Dirk De Jonge was a member of the Communist Party. De Jonge protested against â €Å"police brutality.† Oregon charged De Jonge as wanting to cause civil unrest. However, in the end,Read MoreThe Rights Of State Governments And The Federal Government1442 Words   |  6 Pagesconstitutional rights of American citizens that are given by the Bill of Rights. Origins of this doctrine dates back to the beginning of constitutional America. There were debates over the relationship between the rights of state governments and the federal government. To guarantee that certain rights were not limited, the Federalist, an early political party, had insisted that the Bill of Rights to be added to the Constitution before they signed it. But even years after the addition of the Bill of RightsRead MoreBill of Rights Declaration of Rights of Man and Citizen Essay1289 Words   |  6 Pages The Bill of Rights and Declaration of the Rights of Man and Citizen are based on the same principles of natural rights; therefore each document is similar in protecting the peoples n atural rights. However, despite their similarities, their differences are apparent due to the social situations in which they were adopted. The Bill of Rights stood to protect the freedoms of each individual by establishing a democratic government. The French Revolution eliminated the hierarchy of class and establishedRead MoreFederalism Is The Division Of Powers Between A Central Government And Regional Governments1480 Words   |  6 Pagesscopes of authority. The Fourth Amendment protects the right of the people against unreasonable searches and seizures†. The Fourth Amendment, spoke to the importance of federalism as a mechanism to secure liberty for the American people. State courts would be responsible for determining if the searches were conducted with reasonableness, giving the government the closest to the people the most say in such matters. Regarding privacy rights there have been positive and negative impacts throughoutRead MoreDefining The Bill Of Rights1075 W ords   |  5 PagesDefining the Bill of Rights and Amendments to the Constitution Originally the Constitutional framers did not include a list of specific liberties. These liberties later would become a Bill of Rights. Many of the founding fathers did not believe it was necessary to spell out these individual liberties because they felt that the U.S. Constitution already made it clear what the limits on the government’s powers were. Soon it would become more evident that the Constitution didn’t go far enough in addressingRead MoreThe Enlightenment Period : John Locke And Rousseau s Separation Of Powers1235 Words   |  5 PagesLocke s natural rights, Voltaires religious tolerance, Montesquieu s separation of powers, Wollstonecraft s views on women s rights, Newtons scientific theories, and Rousseau’s social contract were the biggest of influences during the Enlightenment period. John Locke’s natural rights influenced the people at the time, leading to the French Revolution. Natural rights was an ideal where people revolutionized beca use of limited rights, and thats when life, liberty, and property came to play, offeringRead MoreThe Constitutional Framers Did Not Be A Bill Of Rights1065 Words   |  5 PagesOriginally the Constitutional framers did not include a list of specific liberties. These liberties later would become a Bill of Rights. Many of the founding fathers did not believe it was necessary to spell out these individual liberties because they felt that the U.S. Constitution already made it clear what the limits on the government’s powers were. Soon it would become more evident that the Constitution didn’t go far enough in addressing the issue of national power. As the ratification debatesRead MoreFederalist Paper : The Federalist Papers1399 Words   |  6 PagesConstitution. Of these, the Three-Fifths Compromise, the Electoral College, and the Bill of Rights were the some of the most important and most controversial. Madison who wrote the 54th Federalist paper discussed the Three-Fift hs Compromise at length, defending the addition of this clause. Hamilton who wrote 68th Federalist paper defends the process that the Constitution institutes for electing a president. The Bill of Rights were discussed in the 84th Federalist paper which was also written by HamiltonRead MoreThe Enlightenment And The Enlightenment907 Words   |  4 Pagesreligion, belief in freedom, liberty, and progress that it will get better. The new attitudes are optimistic, seek practical improvement, and it focused more on liberty. The Enlightenment affected the way people understood the role of government. It changed they way they think about the purpose of the government and who should govern them. Individuals did not have to accept despair. Science and reason could bring happiness and progress. Kings did not rule by divine right. They had an obligation to

Factors Affecting Employee Productivity Free Essays

When we say employee efficiency this means the employee characteristics and also relates to the speed and accuracy of an employee against the role, job and duties. Employee productivity underpins employee efficiency wherein the more efficient employees are the more productive they will be especially when managed correctly. Employee productivity creates an environment that encourages effective performance and hence essential in management of human capital function. We will write a custom essay sample on Factors Affecting Employee Productivity or any similar topic only for you Order Now In maximising employee productivity, there is the need to focus on areas of personal motivation and the infrastructure of the work environment, both of which form factor that affect the employee productivity. While the most obvious motivating factor for employee factor is often thought to be based on salary and promotions, this may not always be the case. The question is: what makes employee work harder? 2. 0 Statement of the problem While workers are on the job, they do not produce more simply because they are being paid to do such. This is said to be human nature that is triggered by different factors. This study aims to understand these different factors affecting employee productivity. In particular, the study will determine the factors that are affecting the productivity of Ghanaian workers working in fast food chains. With this, the following questions will be given answer to: 1) What are the factors that influence Ghanaian workers to work even harder while in the workplace? ) Specifically, what are the factors that affect their works positively and negatively? 3) How do they perceive their immediate managers to motivate them to work harder? 4) Are their workplaces and/or work environment can be considered productive for them to align their productivity with such? 3. 0 Aims and objectives The main aim of the study is to explore the various factors that influence and affect the productivity of Ghanaian workers who work in fast food chains. There could be positive and negative factors influencing such. In lieu with this, the following specific objectives will be addressed: †¢ To determine the nature and dynamics of employee productivity in Ghana and in fast food industry †¢ To distinguish the different perceptions of Ghanaian workers on various influences to own productivity 4. 0 Overview of methodologies Primary and secondary research will be conducted in the study. In primary research, the study will survey Ghanaian workers who work in fast food chains that are generally private. A structured questionnaire will be developed and it will be used as the survey tool for the study. It is planned that the questionnaire will have a 5 point Likert Scale, as well as ranking questions. Data on both medium will be compared and evaluated using SPSS. Aside from survey, a secondary research will also be conducted in the study. Sources in secondary research will include previous research reports, newspaper, magazine and journal content, organization statistics, etc. Sometimes, secondary research is required in the preliminary stages of research to determine what is known already and what new data are required, or to inform research design. In this paper, existing findings on journals and existing knowledge on books will be used as secondary research. The findings from the journals and books will be evaluated in the data analysis. Types of research journals chosen are all related to issues in advertisements. Basically, interpretation will be conducted which can account as qualitative in nature. Read more: http://ivythesis.typepad.com/term_paper_topics/2010/10/factors-affecting-employee-productivity-case-study-of-private-ghanaian-workers-working-in-fast-food-chains.html#ixzz1H9R8haOi How to cite Factors Affecting Employee Productivity, Papers