United States Jobless Claims Downsizing and massive entrenchment of the labour force amidst the pandemic have wreaked havoc on the already deteriorating job market of the US. Post one year to the beginning of the COVID outbreak, not a significant change has been noticed in the trend of the rising unemployment. As per the recent […]
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Cabinet Reshuffle 2021 – Explained The most significant reshuffle of the Prime Minister’s Cabinet took place on the 7th of July, 2021 where 43 ministers took oath at the Rashtrapati Bhavan, of which 15 were sworn in as Cabinet Ministers, 28 were inducted as Ministers of State and 12 from the Council of Ministers resigned.
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Is it game over for Mastercard? Introduction It was a major move when RBI banned Mastercard from issuing new cards due to non-adherence to domestic data storage regulations on the 14th of July, 2021. In India, one out of every three card transactions is processed through the Mastercard Network. Before getting into the details of
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Rising Inflation in India They say in politics, people have short memories. But not when it comes to inflation. Inflation or the consistent increase in the general price level occupies a central place in the collective Indian psyche and is synonymous with economic hardships. Excess demand, which could be caused by several factors, leads to
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GDP Decoded All of us must still have a clear picture of this time last year – imposition of stringent lockdowns to curb the spread of virus leading to a historic contraction of 24.4% for April-June quarter. However, last Tuesday revealed GDP numbers for the same quarter this year that showed a perfect V-shaped graph
The bizarre case of Elcid Investments In this fancy world of the stock market, every investor is looking for undervalued stocks but generally ends up investing in penny stocks in the hope of multiplying their money. In a rush to make quick bucks, people often miss out on the true gems in the process. Seeing
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Hosting the Olympics: What it means for India Hosting the pinnacle of all sporting events – The Olympics, is an opportunity that has been widely deemed to be an extraordinary honour, and one that many Indians would be thrilled to see their country land. India recently delivered its best performance yet, at the Tokyo Olympics
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Why is ITC failing to keep UP with the markets? ITC Ltd.’s Share Price often fluctuates between INR 190 and 200. With a century-old legacy, the company had started expanding its operations from cigarettes in the 1970s. Originated as the Imperial Tobacco Company, the company was primarily involved in the business of Cigarettes for over
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Akasa Air – A Smooth or a Turbulent Ride Introduction: Crippled. Fractured. Disrupted. These are a few of the words that perfectly fit the current scenario of the Airline Sector in India. The aviation sector has seen far more lows in its journey than highs, and the economic downturn in the said sector can no
How does IPL make money? After India’s win in the 1st ever T20 world cup in 2007, Lalit Modi’s brainchild came into existence which we call the Indian Premier League (IPL). One of the most watched sporting events in the world, it is reported to have a valuation of $6.7 billion as of 2020. The
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