The Onion Dilemma

By Nikita Agarwal Rupee facing an all time low, Mr. Raghuram Rajan taking over as the handsome governor of the central bank, AAP emerging as the...

“Trading Of Stocks Started Under A Banyan Tree” – This And Some Other Cool...

When it comes to investing in the stock market the one thing that we think about is how are SENSEX and NIFTY doing because...

Banking For Dummies: Everything You Need To Know To Open Your First Bank Account

Creating a bank account is a big step in a student’s (or young professional’s) life. After years of considering banking to be one of...

Laxmicoin, India’s First Own Digital Cryptocurrency: Here’s All That You Need To Know

What Is LaxmiCoin? Created by Raj Dangi and Mitts Daki, Laxmicoin will probably become India’s first digital cryptocurrency which will be regulated by the RBI....

This Online Discount Season: Choose the Best Payment Option

You are flooded with discount deals on your favorite brands. Come this Independence Day weekend and the online retailers line up a red carpet...

Let’s DREAM a BUSINESS!

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Current Account Deficit improves but a little sluggish in exports. Full report here.

By Nikita Agarwal After months of bad prophecies about the drooping Indian economy, we finally get to hear some good news.  With the rupee facing...

Online Marketplaces: Harrowing Experience For Genuine Sellers With Their Unfair Policies

So, a while back, I wrote about the hassles, us consumers have to face in an online marketplace; the various scams we have to...

The Kurdish Hope – An Introductory Guide and Analysis for Middle East Enthusiasts

By Bhavya Right where Syria, Iran, Iraq and Turkey meet, is a geo-cultural area, the inhabitants of which are called the Kurds, hence the name,...
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What Are The Important Topics To Prepare In SBI PO Exam?

Every year State Bank of India (SBI) conducts SBI PO exam to provide aspirants with the great opportunity of filling the post of Probationary...

Top Takeaways From Budget 2019 Which Will Impact Students And Millennials

In what was her maiden Budget presentation, Finance Minister Nirmala Sitharaman presented the Union Budget 2019 in the Parliament today. This Budget, which is also...

Of Edward Snowden and Revelations

By Ipshita Agarwal Changing the way the world perceives America A nation’s confidentiality, security, and internal matters are confidential, those involving immense faith. When that country...

Prime Ministerji, Challenge Accepted?

          After a lot of cheering for  Narendra Modi, recently elected as a prime minister for a hoard of promises he made to the Indians,...

A must share and reproduce

9 Questions about Israel-Gaza you were too embarrassed to askhttp://www.washingtonpost.com/blogs/worldviews/wp/2012/11/21/9-questions-about-israel-gaza-you-were-too-embarrassed-to-ask/Complete credits to The Washington Post, only reproduced here.This week’s violence between Israel and Gaza...

FlippED: Will Universal Basic Income For The Youth Uplift The Society Or Lead the...

FlippED is An ED Original style wherein two bloggers come together to share their opposing or orthogonal perspectives on an interesting subject. The idea of...

How GST would change Taxation in India – Part 2

Continuing from Part 1, let us now see the following aspects of the proposed GST regime - 7)     Proposed GST Model in India – http://picoolio.net/images/2015/10/25/image013bbb19.png Dual GST...

Four Financial Jargons That Confuses Normal People Like Us

In the vast and rich field of finance, there is a lot of usage of  financial jargon which can sometimes be very hard to...

Face of Terror: Unrepentant Tunda

 By Purnima Mohindra A seemingly harmless trick used to set churan on fire by a chran wala triggered a monster in a 10 year old...

MS Decoded.

Dr. Singh's 20:20 Facts.Facts About Our PM:20 Years Each Served In Civil Services And Politics11 Posts Held in 20 Years of Civil Services10 Years...

Look! Now We’re Creating Jobs Around The Globe

By Hemant Jain YESSS…It is INDIA who is creating more jobs in the US than the other American IT companies. And it is now official. Although...

Yemen: A Spiral Into Chaos

The years have done little to lessen the perception among many, especially in the West that the Middle East is a cauldron of chaos,...

The Global Financial Meltdown of 2008: Demystified In The Most Fun Manner Ever

By Shubham Goswami In 2008, the world was witness to the greatest catastrophe in economic history. The crash of September 2008 brought about the world’s...

India’s economy in 2013; a time to revisit 1991?

By Neetu Suthar With the value of rupee plunging to new lows, the current account deficit at an all time high, inflation at its peak,...

To Do Or Not To Do

By Anusha Gupta, 2014 is the year to watch out for, not only will it see the most landmark Lok Sabha elections of our times,...
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Watch: Amazon’s Journey Over The Years To Become The Second $1 Trillion Company

If you were told that the man who started an online bookstore 24 years ago is the world's richest man today, you'd probably be...

How the mysterious language of economics-network externalities provides guide to finding a mate

When I first entered the world of online dating, I was immediately drawn to Match.com. I didn't go there because it had the most...

Jihad- Interpretation and Implication post 9/11

By Jaya Dwivedi Jihad- A word if spelled out today, delineates mind-numbing and goose bumps engendering macabre devastations: some remember the WTC of New York...

Decoding Buy Back the ED Way

The tech-giant Microsoft undertakes a 40% 'buyback' of its shares!- read the recent news headline. Sure everybody has come across it and most of...

The Japanese Economy

The pre-war economy of Japan was a Socialist economy and the country was ruled by an emperor up to WW2. After WW2 it started to...

Skipping the Industrial Revolution

By Ishan Banerjee Ask a majority of the Indian population currently pursuing their undergraduate education right now “When do you think India had it’s Industrial Revolution?”...

Debunking the ‘Made in China’ Myth

By Akanksha Goel As soon as we read the label and get to know that it’s a “made in China” product, our mind suddenly conjures...
yashwant sinha on economy

Yashwant Sinha Shakes Up Political Corridors With Brave Views On India’s Economy

Yashwant Sinha yesterday did an op-ed in The Indian Express that shook not just the government but the entire political sphere to its very...

1962: India China debacle. A complete report on this War between Giants.

  1962- India China debacle The front page of the, The Times of India reads “ 1962 war report leaked, BJP gets ammo to hit Congress”...

Why Are The Petrol And Diesel Prices In India Amongst The Highest In The...

Every day seems to be a new record for the prices of petrol and diesel in India. On Saturday, petrol prices touched an all-time high...

Digital India: Mega Possibilities

In the first blog post we pointed out the fact that analysts estimate that the impact of Digital India from positive externalities could lead...

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...

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