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Economy

Self-confidence line to replace Poverty line

Self-confidence line to replace Poverty line

Aug 6, 2013 Comments

After Rahul Gandhi revealed that poverty was just a state of mind and self-confidence was needed to eradicate poverty, government has decided to do away with the poverty line.

Food Security Bill converted into Direct Food Transfer scheme

Food Security Bill converted into Direct Food Transfer scheme

Jul 5, 2013 Comments

The poor will now need to reach the homes of ministers and bureaucrats to get free food.

Pakistan stops printing fake 500 rupees notes due to falling value of Indian rupee

Pakistan stops printing fake 500 rupees notes due to falling value of Indian rupee

Jun 27, 2013 Comments

The center has claimed it as another achievement of the government and has welcomed the fall of the Indian Rupee against the US Dollar.

Army could be called in to rescue falling rupee and economy

Army could be called in to rescue falling rupee and economy

Jun 20, 2013 Comments

Latest reports coming from various cantonments suggest that the soldiers in Indian Army have been asked to study textbooks on economics, finance, markets, etc. because they could soon be called in to take control of the Indian economy.

American desis thank government as Rupee slides against Dollar

American desis thank government as Rupee slides against Dollar

Jun 12, 2013 Comments

Over five hundred Indians living in New York gathered yesterday outside the Indian consulate to celebrate the first “India Shining” day, as the American currency continued its rise against the rupee, reaching a record Rs 59 per US dollar.

Manmohan Singh turns to Google Maps to find directions for Indian economy

Manmohan Singh turns to Google Maps to find directions for Indian economy

Jun 4, 2013 Comments

Taking an “out of the box” approach to the problem of GDP growth rate dipping below 5%, Prime Minister Dr. Manmohan Singh today took out his Android phone and launched Google Maps to look for “directions”.

Government to replace % with grades to calculate GDP growth

Government to replace % with grades to calculate GDP growth

Jun 1, 2013 Comments

After GDP growth rate dipped to 4.8%, which is the lowest in a decade, the government has come up with an innovative solution to stop the negative sentiments that follow.

Diesel prices should be raised again to stop communal forces: Gov panel

Diesel prices should be raised again to stop communal forces: Gov panel

Sep 28, 2012 Comments

After the government rejected the suggestions of Kelkar panel to sharply reduce subsidies on fuels, the panel has come back with the same set of recommendations, claiming that the reduced subsidies will stop communal forces from coming to power.

Billionaires shocked that middle class idiots can’t appreciate inflation

Billionaires shocked that middle class idiots can’t appreciate inflation

Sep 18, 2012 Comments

India’s leading CEOs, market analysts, and other randomly rich persons have expressed shock and disbelief at the childish behavior of the middle class of India, which has been endlessly cribbing over the bold steps taken by the government like slashing subsidy on LPG and Diesel.

S&P downgrades Humans, Monkey declared God’s best creation

S&P downgrades Humans, Monkey declared God’s best creation

Jun 12, 2012 Comments

Confused over which economy to downgrade next, financial services company and rating agency Standard & Poor’s (S&P) has decided to downgrade the whole human race.