The price of one currency in terms of the other currency is called the exchange rate. For example $1 = ₹ 70. so it means that it costs ₹ 70 to buy one dollar (or $0.014 to buy ₹ 1). This is also called Nominal Exchange Rate because it does not take into consideration inflation … Read more
Privatization will not solve the problem, it’s just an escape. Fixing the governance issue is the ultimate remedy. Shekhar subham As soon as the Finance Minister mentioned in her budget speech that two banks along with IDBI and a general insurance company will be privatised this fiscal,this set off a debate around privatisation of Banks.Banks’ … Read more
On the 8th of March, 1908, 15000 women marched out to New York Road demanding better pay, shorter working hours and the Right to Vote. In 1909, The Socialist Party of America declared the first National Women’s Day. In 1910, the idea of International Women’s Day was tabled at the international Conference’ for working women … Read more
Nassim Nicholes Taleb, a former options market broker was first to suggest the term ‘Black swan’ which is used to emphasize unpredictable rare events that have the potential to deeply affect the financial world and global economic system. With the impact of trade were brexit and various geopolitical issues. The global economy has been going … Read more
सैन्य तख्तापलट की निंदा करते हुए निर्वाचित नेता आंग सान सू की की रिहाई की मांग को लेकर मांडले तथा यांगून की सड़कों पर रैलियों में हजारों प्रदर्शनकारी शामिल हुए हैं। प्रदर्शनकारियों का कहना है, “हम सैन्य तानाशाही नहीं चाहते हैं, हम आगे बढ़ेंगे और लोकतंत्र हासिल करने तक मांग करते रहेंगे।” सोमवार को जनरल … Read more
Whenever there is a talk about, ‘What women received from the budget?’, then some people put-out a question mark that, ‘every scheme is announced for men and women, then why there is a need for the gender based budgeting?’ But before saying this, we tend forget that India is at 112th position in Gender Gap … Read more
It has almost been three decades since the Indian economy underwent liberalisation and privatisation where it opened up markets and lessened trade barriers. Since then we have evolved into a $3 billion economy in 2019 and now envisioning to become a $5 trillion economy by 2025.The startups in India saw 108 percent growth in total … Read more
Vaccine administration, vaccine inoculation or vaccine immunisation has become some of the buzz words lately. Every country is talking about the vaccines efficacy and its administration to the public, of course, India is not any different. There are a few vaccines that are claiming as good as 95% efficacy. Although the concern is not only … Read more
“History reminds us that dictators and depots arise during times of severe economic crisis.” –Robert Kiyosaki The global economy will this year likely suffer the worst, financial crisis since the Great Depression, the International Monetary fund said as governments worldwide grapple with the covid-19 pandemic.India’s economy contracted by a whopping 23.9% in the first quarter … Read more