World Economy

Cairn vs India Dispute- All You Need to Know

Cairn Energy PLC (Cairn) hit the headlines in June 2021 when it announced the take over of the ownership of the Indian Government’s properties in Paris. It was done to enforce the arbitration award won against the Indian Government at an international tribunal in December 2020. Through this article, we have tried to explain the …

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What is driving the phenomenal Dogecoin Crypto Craze?

Over the past few months, cryptocurrency has taken the world by storm. It has become impossible to ignore, and we have seen it become a part of the common vocabulary of not just the millennials but many of the boomers (older generation) as well. This craze is primarily because of the astronomical rise in the …

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What’s happening between Google, Facebook, and Australia?- Explained

Australia has passed a law in the Parliament that if Google, Facebook, and other technology firms share news articles from media companies on their platform (Google search/ Facebook news feed, etc), they will have to pay these media companies a certain amount for the content they generate. At present, news publishers get only a fraction …

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What is Quad? And will Australia join the Malabar exercise?

The Quad or Quadrilateral security dialogue is an informal strategic group that includes four maritime democracies in the Indo-Pacific region- India, Australia, the US, and Japan. It seeks to increase cooperation and coordination amongst the member countries to preserve a “free and open” Indo-Pacific region This grouping was initiated by Japan in the year 2007. …

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Foreign Currency Exchange Markets and Their Risks Explained

The inner workings of foreign currency exchange (FX or forex) markets are extremely complicated. That’s because they are affected by a wealth of micro and macroeconomic factors. It’s because of this dependency that the COVID-19 pandemic has caused an extreme rise in volatility in the global FX market. As a result, this affected every economy …

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Is India out of the Chabahar Port Project in Iran?

It has been extensively covered in media outlets that Iran has dropped India out of the Chabahar Rail project. This post aims to provide proper context to this news. [Though Iran has clarified now that it did not drop India out of the rail project and vested interests were behind these reports, it is a …

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