After battling Covid-19 and Chinese aggression, India entered 2021 with a colossal challenge of strengthening ties and building new ones with its neighbours, US, EU and the Middle East. Presently, the outcome of the US presidential election is one of the most significant issues for India. The incoming Biden administration Read more…
The Dodd-Frank Wall Street Reform and Consumer Protection Act, or simply ‘Dodd-Frank’ act, is regarded as the most comprehensive piece of financial reforms since the Glass Steagall Act which was introduced to regulate banks after the 1929 stock market crash. Named after the two lawmakers who created it : Senator Chris Dodd and Representative Barney Frank and signed into law by President Obama in 2010, the Dodd-Frank act was enforced to regulate the financial markets and protect consumers post the 2008 financial crisis and to prevent such crisis roll back in the future. (more…)
How many years ago was it that you learned about the distribution of water on earth? That ‘readily accessible’ freshwater represents only 1 percent of the total freshwater available, which itself accounts for just 3 percent of the ‘blue’ on this Blue Planet? And since how long have you been Read more…
In 1995, Ramdev was a little known yoga teacher in Haridwar when his close associate, Acharya Balkrishna, and he set up Divya Pharmacy – under the aegis of Ramdev’s guru, Swami Shankar Dev’s, ashram – to make Ayurvedic and herbal medicines. The medicines proved so popular that Ramdev and Balkrishna Read more…
Bitcoin isn’t a term that the lot of us is unfamiliar with, we’ve all heard about it someplace or other, however, what we don’t understand or what we don’t try to understand is what a Bitcoin is, and how does it work. I believe that it is partially because we Read more…
In the past two years, the cessation of Jet Airways still remains one of the biggest events in the airline industry. Before shutting down in April 2019, Jet Airways had the second largest market share in the industry after Indigo Airlines. This event paved way for the growth of many Read more…
In March 2020, in a major move to give impetus to domestic manufacturing and cut down on the nation’s import bills, the Indian Government rolled out the Production Linked Incentive Scheme for three targeted sectors: mobile phones and electronics manufacturing, pharmaceutical drugs, and medical devices. By incentivizing production in these Read more…
Taxes are the most important source of revenue for governments across the world. Most countries follow a progressive taxation system: wherein tax rates increase as a taxable amount or income increases. By this logic, most wealthy individuals have to pay more taxes than those who have fewer incomes. Businesses also Read more…
Brexit is an abbreviation used for “Britain Exit,” referring to the decision of the United Kingdom to leave the European Union. Brexit involves negotiating new trade deals, citizen registration rules, borders, etc. The process began on June 23, 2016, after the referendum passed 51.9% to 48.1%. After 3 long years Read more…
When the lockdown was imposed in March this year, we heard many economists predicting an economic slowdown. Some of them even went on to predict the worst ever “recession” the country has ever seen was on its way. Now that around nine months have passed since the lockdown announcement and Read more…