Are Econometric and Finance the Root Cause of Economic Problems?

With every passing day the differences between the econometric and finance is becoming less evident and it is not only in forms of the convergence of the both but also in forms of the nature, usability and importance that these two branches of study of getting these days. If we look holistically; econometric and finance are auxiliary activities and tools in the hands of the decision makers respectively in the field of economics and management and are supposed to provide support to the real economy in true senses.

Inflation Declines in India

India since long has been facing tough times on the front of inflation but after the change of guard in New Delhi, inflation in Indian economy is on fall. The retail inflation was at 7.73 per cent in August and in Sept it had been declined to 6.46 per cent and vegetable inflation to 8.59 per cent. The overall food inflation that is measured by CPI had declined to 7.67 per cent in comparison to 9.35 per cent in the previous month and 11.75 per cent in September 2013.