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 …

Bitcoin- What & How- All Your Questions Answered Read More »

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 …

The Paris Climate Agreement Demystified Read More »

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 …

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

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 …

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

The Twin Balance Problem With Indian Characteristics

The Economic Survey of 2016-17 has devoted an entire chapter to the Twin Balance Sheet (TBS) problem. The balance sheets of both Public Sector Banks and corporates in India are in terrible shape. The Non-performing Assets (NPAs) of the Public Sector banks have increased to alarming levels. Currently, the NPA ratio stands at 9.1 % …

The Twin Balance Problem With Indian Characteristics Read More »

Economies (Politics) of Scale

The most populous state of the largest democracy just witnessed the election phenomenon like never before. Collaborations and allegations surfaced among many other things. It would not be wrong to say that divided minorities in Uttar Pradesh came together and made a clear yet intelligent choice of bringing the Bhartiya Janata Party to power.