Various Applied Issues on Indian Economy

Contents: Preface. 1. Forecasting on the export of software services in India: a true reflection of digital economy. 2. Efficiency of the foreign exchange market in India: an econometric study. 3. The term structure of interest rates: theory and evidence from Government of India treasury bills. 4. Relationship between defense expenditure and economic growth in India: an econometric study. 5. Spectral and time domain analysis of unanticipated real exchange rate inflation differential and real trade balance. 6. Relationship between budget deficit and inflation in India a time series approach.

There are limitless issues related to the Economy of India. At the age of twenty years of liberalization India approaching towards one of the important members of global giant economies. This book picked up only a few issues. The beginners in the podium of research activities sometimes get confused regarding the selection of a topic for study the methodological aspect research design etc. This book may provide them a minimum idea for solving the above confusions. Though there are many limitations specially with respect to the availability of data the transmission mechanisms explanations and so on. But we still believe these topics will help a lot for the researchers policy makers and corporate personnels. We hope there will be many research works in future regarding all these topics for getting more perfections. We shall gladly accept any comment advice for the improvement of this book.