Economyria Explainer

What is SENSEX and how it is calculated?- Explained

On 26th May 2017, the SENSEX breached the 31,000 level for the first time. This post explains what Sensex means and how it is calculated in detail. What is SENSEX? The Sensex is primarily an index reflecting the movement of the share prices in the Bombay Stock Exchange (BSE). If the Sensex value goes up, …

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Bitcoin- What & How- All Your Questions Answered

What is Bitcoin? Bitcoin refers to two things. Bitcoin is a digital currency. It is also an online payment system in which bitcoins are used. The idea behind the Bitcoin technology was introduced by an unknown person, under the pseudonym Satoshi Nakamoto in the year 2008. He released the software in the public domain in …

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The Paris Climate Agreement Demystified

Earlier this month, Donald Trump announced his decision to withdraw the United States from the Paris Climate Agreement. He believes that this agreement is a conspiracy by other countries against the United States to hurt its economy. With this decision, the US will join Syria and Nicaragua as the only countries which are not a …

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What is One Belt, One Road (OBOR) initiative or BRI?

INTRODUCTION TO ONE BELT, ONE ROAD (OBOR) INITIATIVE (AlSO KNOWN AS BELT AND ROAD INITIATIVE (BRI) One belt one road, also known as the Belt and Road Initiative (BRI) is a project initiated by Chinese President Xi Jinping. Its objective is to build trade routes between China and the countries in Central Asia, Europe, and …

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The Finance Bill 2017- Controversies

The Lok Sabha passed the Finance Bill 2017 on 29th March this year. The Finance Bill is passed every year after the presentation of the Union Budget to turn the budget into law. But, apart from the usual tax proposals, this year the Finance Bill contains several amendments.  This article discusses the controversies surrounding the …

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The Maternity Benefits (Amendment) Act, 2016- Pros And Cons

Introduction In February 2017, the Lok Sabha passed the Maternity Benefits (Amendment) Bill, 2016. The Bill had been passed by the Rajya Sabha in August 2016 This bill is an amendment to the Maternity Benefits Act, 1961. This Act protects the employment of women during the time of her maternity and entitles her to a …

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