On the eve of the 10th anniversary of the slump of Lehman brothers that set off the 2008 global financial crisis, India’s leading infrastructure development and finance company, IL&FS defaulted on its payment obligations to its borrowers triggering a shock wave in the Indian markets. IL&FS – The Stakeholders IL&FS Ltd. (Infrastructure Leasing and Financial […]
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Consider a market for second hand cars where the sellers are usually more informed about the quality of the car and its various features than the buyers. The car can either be a “lemon” (bad quality second-hand cars) or a “peach” (good quality second-hand cars) and assume that the buyer is willing to pay 50,000 […]
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“The boom, not the slump, is the right time for austerity.” – John Maynard Keynes Should fiscal policymakers try to reduce government debt? As with many of the debates surrounding Macroeconomics, there is no consensus among the different economists regarding this question. The proponents of reducing government debt argue that debts place a burden on […]
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There are thirteen ways to look at a blackbird, the poet Wallace Stevens once said. There are different lenses through which one can examine the ongoing protests at Sabarimala that emerged after the Supreme Court verdict lifting the age-restrictions on women for temple entry. The author tries to extract and present the different themes that […]
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As we are aware of, the United States and China have been locked in a trade war since the beginning of this year, with the first tariffs being imposed on solar panels to the tune of 30% by the United States, and China imposing 25% tariff on cars, airplanes, soybeans etc. This trade war is […]
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The well-known idea of work as a customary 9 to 5 work with a solitary manager bears nearly nothing likeness to the manner in which a considerable offer of the workforce brings home the bacon. A great amount of independently employed, sector experts and brief labourers—and in addition people leasing rooms on Airbnb, driving for […]
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“The future of war, is not fighting, but famine, not the slaying of men, but the bankruptcy of nations and the break-up of the whole social organization”. – Ivan Bloch Russian Rail Tycoon Today wars are fought with bonds not bombs. War in 21st century will be fought in the field of trade, capital markets, and […]
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145 years have passed, yet his dream stays in the eyes of not just one, but in the eyes of the whole nation. Who could have thought that a dream of a Mahatma would have been brought to life after all these years in the form of a revolution, the jan andolan. Gandhi’s dream of […]
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Why did I feel miserable when I learnt that I had scored 1.5/5 for my Tute test but immediately relieved when I found out that it was the group highest? Does loud music really affect the way I drive (my dad argues about it with me always)? Will I feel ‘The joy of giving‘ if […]
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“Health is wealth”, goes the proverb but is it true only for one’s physical well-being? What about the human mind? The mind deserves to be fit too. Statistically speaking, India not only has the highest cases of diabetes and obesity but also for mental illnesses like depression, schizophrenia and bipolar disorder. According to the […]
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