Developing countries need trade, not aid

Aid is any form of assistance offered by one country to another in the form of loans, weapons, medicines, technology etc. whereas trade is...

Let’s Take A Look At How OYO Rooms Make Money

How many times are we suggested by our friends and acquaintances to simply book an OYO when we are having issues finding a suitable...

GST For Dummies: A Numerical Example To Show How Your Tax Payments Will Get...

The Goods and Services Tax (GST) finally seems to become a reality, now that Rajya Sabha has shown its support for it. Ever since...

Why Don’t We Talk About The Extremely Successful Business Model Of PayTM

PayTM karo! We have been hearing this jingle in and out since the inception of this online mobile payments service but this phrase took off...
Artist's Rendition of Rs 200 Indian Banknote.

Strapped for Cash? The New Rs. 200 Note Can Bail You Out [Picture Included]

The RBI board has reportedly reached a decision to print Rs 200 notes during a board meeting that happened earlier in March. The printing...

How Haldiram’s 2016 Revenue Took Over McDonald’s & Domino’s

By Pratyosh Gogoi When the news that Haldiram, a business venture that started in a small shop in Rajasthan’s Bikaner, overtook the global snack giants...
Govt's Crop Insurance Scam

Govt’s Crop Insurance Scam, Bigger Than Rafale Scam, Could Be Giving Anil Ambani Benefits:...

On 14th November 2018, Palagummi (P.) Sainath, a known journalist and the Founder editor of PARI (People's Archive of Rural India) posted a YouTube...

Why housewives should not be paid Salaries

The Women and Child development ministry is considering a proposal to make it mandatory for men to share a certain percentage of their income...

Know All About Updating Your Address in Aadhaar Online

Aadhaar is slowly but swiftly becoming one of the most important documents for Indian residents. The government has made it mandatory to link Aadhaar...
Edelweiss

Life Can Throw Situations At You & Either You Can Prepare For It In...

Life can throw situations at you and either you can prepare for it in advance, or panic when it hits you. What got me thinking...

Back In Time: The Imperial Bank Of India (State Bank Of India) Came Into...

Back in Time is ED’s newspaper-like column that reports an incident from the past as though it has happened just yesterday. It allows the reader...

Rising Healthcare Costs & Statistics in India

While India remains a country with one of the lowest healthcare costs across the world, how much is an average Indian able to afford...

Economic Growth vs Development: Stirring up the Sen-Bhagwati debate

By Raavi Aggarwal The Indian subcontinent is a land of antithetical diversity in terms of culture, linguistics and economic disparity. Rich and poor households are thread...

Why Is Vijay Mallya Unfairly Treated When The Other Bigger Corporates Have Far Larger...

Air Deccan chairperson GR Gopinath rightly said that Vijay Mallya is a victim of his arrogance and has become a ‘political football’ and is...

India’s First Disneyland Comes To Bengaluru – Isn’t That the Best Thing Ever?

Finally, after years of dreaming about going to the Happiest place on earth, we now don't need the rich NRI aunty/ uncle or the...

Dr. APJ Abdul Kalam – A True Visionary of India

By Bhargav Shandilya “Look at the sky. We are not alone. The whole universe is friendly to us and conspires only to give the best...

Binny Bansal Resigns From Flipkart: Did Walmart Conspire To Get The Original Founders Removed...

In what comes as a shocking news to the business industry, Flipkart co-founder Binny Bansal has resigned from the position of the company’s CEO....

HDFC Bank Goes Digital With Some Awesome Digital Banking Innovations

Bid adieu to long queues, ticket-booking hassles, bill payment fraught with anxiety, going to the mall or even frequenting the travel agency as the...

Demystified: India’s Trade Deficit And How It Affects The Economy

Indian merchandise exports stopped their continuous fall for the last 18 months and finally registered a growth of 1.27% compared to last June’s estimates....

Zimbabwe: Where Toilet Paper is more valuable than the Currency!

Zimbabwean economy, plagued with Hyperinflation that is so bad that price level rises from sunrise to sunset each day. So, how bad could be...

Indian entrepreneurs only 3% of world entrepreneurs, why?

By Harshita Kain Entrepreneurship is one of the most important inputs in the economic development of  India, as an entrepreneur is responsible for fostering economic growth and economic development. Other important economic developments an entrepreneur leads to include  increasing the country's export trade and balancing trade deficit, increasing gross national product and per capita income by  wealth creation and distribution and finally creating employment opportunities. If entrepreneurship is so important then why is it that such a large country like India has a contribution of only 3% to the total number of entrepreneurs in the world while a small country like Thailand has had a contribution of 20% of the total number of entrepreneurs in the world? It indeed is a mind boggling question with no proper answer. Let us try exploring some of the possible solutions to this problem. One possible reason for the lack of entrepreneurs in India could be that people in India do not have the capability to dream big. Now there is certainly something  wrong with this answer as we Indians are amongst the most erudite people in this world. We cannot forget the fact that we were the ones who invented the number zero and so, have intelligence running in our veins. Thus ruling this one out, another possible solution could be that Indians have ideas but do not know how and where to apply them and lack the knowledge about starting their own venture. Another reason could be that we Indians are very satisfied with the jobs we are currently doing and hence would not like to step out of this secure zone and take risks. Finally, whichever might be the answer to this Russell’s paradox, what is important to understand is...

What The Hell Is Going On With McDonald’s In Delhi?

If you are a Delhi-ite (or live in North or East India), you might have noticed the closure of McDonald's restaurants and the glaring changes...

Your Step-By-Step Guide On How To Update KYC In Your Bank Accounts

We all know how boring doing bank chores are but we are also aware that completing bank procedures and maintaining a healthy financial life...
VISA is accepted almost everywhere today.

Do You Know This Very Interesting Story Behind The Invention Of ‘Credit Cards’? Let’s...

Back in Time is ED’s newspaper type column that reports an incident from the past as though it has happened just yesterday. It allows...

The Linchpin Theory: Global economy hanging by a thread

As a kid, when a friend asked us whether the chicken came first or the egg,  most of us found ourselves in a fix....

Amazon Prime Or Flipkart Assured: How Does It Actually Work?

In a competitive marketplace, companies are constantly working to outshine one another. With Amazon.in introducing Amazon Prime in July, it took Flipkart just a...
EMI

Buying Things Via EMI Is A Big Debt Trap And We Tell You Why

Are you planning to buy that smart-phone that you have always dreamed of having? Or that 52” flat screen LED TV for your drawing...

The Unprovoked Beast

Of all the beasts in the world, man is the only one who can attack unprovoked. Jealousy, rage, honour, no reason can justify killing...

Why Do Indian Startups Fail?

By Khushi Poddar “Bangalore based fintech start up Finomena shuts its shop after it fails to raise series-A funding.” This is the recital of just one of...

New 50 UK Pound Note Could Feature Image Of Reputed Indian Scientist Jagdish Chandra...

Rumour has it, that a prominent Indian personality from the world of science is set to be the new face of the currency of...

Is Swadeshi Model Being Followed By Ramdev’s Patanjali If Louis Vuitton Investment Is Accepted?

By Bishakha Jajodia Luxury brand Louis Vuitton's (LVMH) co-owned private equity fund, L Catterton wishes to invest $500 million in Baba Ramdev's Patanjali, one of...

What I Learnt From Anil Ambani’s Glory To Bankruptcy Story

A perfect storm is perhaps the best description of what Anil Ambani is going through right now. His...

Ratan Tata: My inspiration

            Ratan Tata, one of the biggest Indian business magnates and chairman of the $100 billion Tata group, is a...

IndiGo Used To Be A Kick-Ass Airline, What Happened To It?

India’s premier budget airline has been in the news for all the wrong reasons recently. From that viral video showing IndiGo staff mishandling passengers...

Non-Sustainability of Service Sector-led Growth in India

By Gurleen Chadha The service industry forms the backbone of social and economic development of a region. It has emerged as the largest and fastest-growing...

Poverty in India, a literary view

By Kritika Sharma An emerging superpower, a land of diverse cultures and languages,  a splendor of Mohenjo-Daro and Harappa, an integration of literature and astronomy...

Must Read

Four Things That Bothered Me About The Pulwama Attack

The recent widely condemned car suicide attack on a CRPF convoy in Pulwama has taken the lives of 49 jawans, having injured...

Why Delhiites And Road Trips Is A Recipe For Disaster

India is the most vacation deprived country in the world. So, when the opportunity to take one does come around, no expenses are spared. Some...

Gully Boy Isn’t Self Contained & It Has Already Started Real Conversations; Proof That...

I watched Gully Boy day before yesterday and I have to admit that it is one of the best stories from Bollywood...