In number theory, a perfect number is a positive integer that is equal to the sum of its proper positive divisors, excluding the number itself. In other words, a perfect number is a number that is half the sum of all of its positive divisors (including itself) i.e. σ1(n) = 2n. To explain in...

Like any other commodity, a foreign exchange rate in any economy is function of demand and supply, unless regulators controls otherwise. The demand and supply may be aggregate of formal and informal markets. Many a time, informal markets are dominant and it becomes very difficult to capture the...

To eradicate extreme poverty requires participation of people. Identifying poor population and making them employable is essential to eradicate poverty. Economic growth is important to eradicate poverty; equitable wealth distribution is sine-qua-non to sustainable development. This chapter...

As per Global Findex Database 2014, ownership of bank accounts in India increased 35 (2011) to 53 (2014) percent. The Government of India, Reserve Bank of India and various agencies are making concerted efforts to promote financial inclusion. In efforts to bring unbanked people in to mainstream...

The current age changes in business and industry are at a pace which is unimaginable and unprecedented. The changes are fast. The changes in business environment happening in a year now were not even seen a century ago. Technological invasion, globalization, economic upliftment and social...

This paper aims to present legal framework around cooperatives in India; its role in growth of cooperative movement, the later part of the chapter describes live examples of cooperative experiences in India and to show how this legal framework has helped the cooperatives in process of...

Governance practices of Indian business houses changed after 1991 liberalization. Prima facie analysis of Indian corporate governance practices and rules differ for Public Sector, Private Sector, Closely Held and Widely Held companies. Family-based business houses have grown in number & size in...

Ramdev Food Products Pvt Ltd. was amongst the first few companies to venture into branded spices. The spices market in India was largely an organised sector. The company grew from a small flour mill to a big concern with a decent product mix within a short span. The turnover of the company grew...

Business ethics is in discussion for its importance universally, so is the employee turnover in business. Unethical practices are unwanted, so is the high employee turnover. Unethical practices and high employee turnover in business is ubiquitous. No consensus exists on defining ethics. Employee...