Norway has consistently held a good position, both in terms of economic strength and social welfare, for many years. It also boasts as one of the largest exporters of oil and holds the world’s largest sovereign wealth fund. This paper aims to understand the sustainability of Norway’s economy in view of its major income source being oil, and also understand the framework of the largest sovereign wealth fund and how Norway is preparing itself for a post-oil future. Additionally, this paper utilises future data estimations to critically examine the road ahead for Norway.

The paper analyses the impact of the tariff war between US and China on India’s trade with SAARC nations by using the vector auto regression (VAR) model and the Granger Causality Test, using time series data from 2009 to 2018. The results indicate that the economic impact of tariff war is insignificant on India’s trade with all SAARC nations other than Bhutan. We observe that however insignificant impact might be, there exists a positive impact on all bilateral trades of India with SAARC economies.

This paper econometrically analysis the relationship between savings and gross domestic product (GDP)1 of the Indian economy. Theories on the relationship between savings and GDP that are discussed in this paper are the classical model, Keynesian model, Solow, and Harrod- Domar model. Using a single equation regression model it is deduced that the variation in GDP can be explained by the variation in savings and investment. By finding the statistical correlation coefficient, a positive correlation between savings and investment is also portrayed. This paper aims to analyze how the pattern exhibited by India’s saving rate is related to GDP over the years and draw consensus on the results. Analyzing the trend of savings and investment in India from 1975 to 2016, the paper discusses the reasons behind the slowdown in that specific period and suggests some steps that the policymakers should keep in mind to maintain the virtuous relationship between savings and GDP.

What explains the variation in prices in a developed nation? The role of monetary and fiscal policy, interest rates, ideas and institutions have always been emphasized while leaving the role of change in the ratio of elderly population unexplored. Ageing population is an ineluctable process with major economic implications. This paper tries to explore the unexplored area that is the impact of elderly population on price dynamics. The main aim of this paper is to find out how the ageing population is linked to price dynamics, and also to find out whether it is correlated to deflation or not. This paper illustrates how ageing population influences price through various macroeconomic variables such as saving rate, consumption preferences, human capital and expectation of growth with the help of literature review. Some have inflationary effects, some deflationary and some show ambiguous results. This correlation has further been corroborated by taking five developed countries where rise in the ageing population has been observed.

Inflation Targeting was adopted for the first time by New Zealand in 1990 and soon became the norm for other countries all over the world. Following the recent adoption of Inflation Targeting in India, experts have pondered how it would affect an emerging country. Another related question is if India can do better than the current set target of 4%. How should the policy be amended to suit the Indian system? Would a policy directed explicitly towards controlling inflation prove to be too tight for an economy that has been slowing down of late? With a working population of around 50 crore according to the last Census, can there be a heavy trade-off between reduced inflation and high unemployment rates? In an effort to analyse the implementation of IT in the country, setting the Indian framework side by side with that of New Zealand can help provide perspective as to how India can strive to achieve a similar success story. The aim of this paper is to provide a detailed view of the rationale behind Inflation Targeting, in the context of New Zealand’s success and its subsequent learnings for India. Furthermore, this paper attempts to find out if the current rate (4%) is indeed sufficient for this country to walk in New Zealand’s footsteps.

To understand the financial competence of the Mass Rapid Transport System, the paper analyses the past 10 years’ financial statements of Delhi Metro and reviews the effectiveness of the fare hike of 2016.

Statistical methods and trend analysis have been employed to examine the profitability issues of operating the Metro Rail on PPP model and exploring different ways to increase the total revenue. The findings suggest that such infrastructure projects do not generate sufficient returns for the private players to attract their investment. Our findings indicate that the fare hike of 2016 was worthwhile in boosting the fare revenues however further raising the fares can severely affect the ridership. DMRC can expand its operations in the future through borrowings attributing to its lower debt equity ratio. Though DMRC has not been able to break even till now but it possesses the potential to augment its operating profits in the future.

This paper focuses on finding the relationship between the occurrence of Financial Crisis and certain macroeconomics factors like Financial Market performance, government revenue and expenditure and sector performance. The paper studies the performance of Stock Market from 2000 onwards and studies in details the Dot Com Crisis of 2001 and Financial Crisis of 2008 and compared the total debt that the US government had at the time of recessions and how it changed year by year.

Comparison is done between the debt structure during 2000s and the 2018 onwards to find out the capability of the US government to handle another Economic Crisis in the same way it did during the Global Crisis of 2008 by buying the non-performing assets and how long will the Crisis last if it does happen.

The current Stock Market situation and companies’ performance is analyzed to find whether there exists a bubble alongside studying the government spending, whether these expenditures are actually generating returns and whether it can sustain such increasing debt.

The paper attempts to evaluate economic, social and environmental transformations which can be brought by utilising unutilized rural resources which are being wasted or being used for non economic purposes. Qualitative approach is used to evaluate and analyse the impacts of utilising unutilized rural resources supported by relevant case study considering possible opportunities in which these resources can be used to scrutinise their reliability. Considering availability of these resources, their possible uses and opportunity cost, it was found that these resources possesses strength to bring revolutionising transformations in terms of national income, women empowerment, environmental issues and rural prosperity. Utilising rural resources can increase National income by increasing net exports, status of women empowerment by providing them good working environment and creating employment opportunities, controlling pollution in Delhi by managing root cause of pollution and prospering villages leading to increase in standard of living of rural population.

The crowd is the greatest asset on the face of this world. It is just too valuable to ignore which is clearly witnessed by the originality of the people who have contributed their bit in solving most complex of the public issues and challenges. What if we put the successful US based Taskrabbit app in the Indian scenario to crowd source the everyday tasks for the benefit of the Indian task posters? Wouldn’t it be a challenge to face the culturally reserved society rise to a pedestal to be market ready for such a company? Well, the study is first of its kind to understand the connection between the cultural aspect and crowdsourcing via the case study of Taskrabbit App and suggests the need of the development of such an app as per the Indian market.