Changing Trend In Indian market

                                                                         India is having GDP  above 6% and even world bank has reported the it is the fastest developing economies in the world.  India stands fifth economy in the world and would cross forth number in the year 2026. i.e. Overpassing  Japanese economy.

                                                           This is because 30 % of Indian has come out of poverty and it has strengthened now  middle class. It has also increase purchasing power of the people.  Therefore America and China are also in the search of vast Indian consumer market.

                                                          However Indian market is also taking very big changes. India has vast retail market with small scale industries and small  vendors dealing in various commodities. i.e. In urban and rural areas. But with large expansion of mobile market and on line business has changed the scenario of the Indian retail market. It is said now that why people should pay for rickshaw or transport for  coming to market when they can get anything they want sitting at home.

                                                            The changes came after covid -19 pandemic crisis due to Broadband  Boom. People then use to explore online shopping which lead to increase of E-Commerce  share double in Fashion market. The 'Meesho' an E- Commerce company  selling the goods on line has increased its buyers  up to 199 million  in last 12 month. It is reported that  out of 10 buyers of 'Meesho' Nine  lives out side big cities. The system is working efficiently because  the company like 'Delhivery' has made delivery system  more efficient in most remote parts of the country. Besides that E-Commerce company  does not charge for the delivery of goods. Amazon  and Myntra have also also launched law- cost fashion arms. All  these developments  have badly  effected the  Major small vendors of Indian retail  market.

                                                            E Commerce  has also satisfied the aspiration of small towns in India. The change also  reflect in the  living  standard of  people throughout including rural India. However in the process small vendors are loosing their business. But this is changing trend in Indian retail business.  

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Formation of New Power Order

                                                           President Donald Trump has given slogan 'Make America Great. He was elected on the same mandate by the American  people.  The mandate includes Strict Immigration policy ,Rectification of  Trade Imbalances, Curtailing of unnecessary Expenses, and Tax Reforms. This is because America has grievance that America is paying more in form of aid then other countries of the world. Besides that Americans are loosing jobs because of outsiders entries in America. The crust of the problem is that American debts is increasing in Trillions Dollars.

                                                       All these circumstances has change the American policies. America has started implementing  strict immigration laws, imposition tariff on import of goods and the increase of  fees for HB-1 Visa for out side skilled workers.

                                                       The Tariffs were imposed by America on countries like European Union, China , India, South Korea, Japan and many other countries. The NATO countries of Europe are told to increase their budgets by America otherwise there aid may be cut or stop. Besides that  Russia is already under sanction because of its attack on  Ukraine.

                                                           All these developments have effected the concern countries. It seems all these will lead to new alignments on world level. India, China and Russia are the big countries of Asia along with other 'BRICK' countries are trying to protect their interest. They are trying to divert their trades and other thing in order to fill the American threat.  They are also trying to do trade in chines currency 'Yuan'.  It is reported that they have already done their 80% trade in Yuan. Russia and India is also doing their payments in their own currencies. It appears they have also come very close in military level. 

                                                               In short now world is divided into western and Asian block at world level. This is going to lead new power order in the world.

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Iron Lady of Japan

                                                       Takaichi Sanae has become the first woman prime minister of Japan. Once she was a drummer in a band will now become the most powerful person in Japan. She is patriotic and adapts well to world politics. Her party also thinks that she is capable of saving the Vanishing popularity of the party with her political neck.

                                                      She is also facing challenges from within the party, which has a different agenda. However, she shares a harder political approach of her mentor, former Prime Minister Abe Shinzo, who was killed. Her policy will be fiscal expantion and structural reforms. It may create more inflation.

                                                    She is a nationalist, so she will proceed carefully regarding Japan's relations with South Korea and China. Even with America, she will deal in such a manner that the Japanese security deal is not affected.  She is a self-made politician and a keen student of policy matters with a simple and clear handling style. All these qualities will help her manage her job well.

                                                   However, her survival depends upon her adjustment to the situation. Besides that, China is also more assertive, and North Korea is also more aligned with Russia. All these development is a great challenge to her.

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