Business

Economists try to model the world through the lens of market forces—demand and supply, production and consumption, prices and costs. This way, even if the world around us changes, we would still be in a position to make sense out of it...

As the extent of scam and the full list of projects attributed to the now-bankrupt (and seemingly on recovery path) Infrastructure Leasing & Financial Services (IL&FS) unfolds, one only wonders whether IL&FS was serving as God’s omnipresent hand gone rogue or was given to holding Ravi Parthasarathy’s cigar forever. For once though, it seems that the other hand – the Congress’ – is not mired with blood of massive disruptions caused by IL&FS’s upheaval...

After single-handedly ruling the aviation industry for almost a decade, Jet Airways decided to cease its operations on 18th April 2019 after running out of funds...

It was a statement in the annual report of the British fashion label Burberry that sparked the outrage - the income statement showed that $35.6 million dollars worth of products were destroyed in the year. While this was commonplace in the fashion industry, it came out as a huge shocker to everybody else...

It is widely known that in 1700 AD, India and China jointly accounted for almost half of the world’s GDP. As a result of colonisation, their share fell to around five per cent by 1950. However, the recent growth of the Asian neighbours has been extraordinary, and it is common consensus that if the trend is sustained, both economies could recapture their historic share of the world GDP...

Patents are a form of intellectual property. Intuitively, one would like to be rewarded for an invention where one has put sincere efforts to produce a solution to an existing problem and from which mankind would reap benefits. Apart from felicitating the person with awards for a breakthrough research, it seems fair to be compensated monetarily in proportion of how great the invention is. And how to decide the monetary value of the invention? That’s where patents come in...

Internet is a digital infrastructure. It was developed by DARPA (U.S. Agency for development of defence related projects) to serve as a secure means of communication for U.S. Defence forces. Same story goes with G.P.S which was developed to serve military purposes for the United States. Now imagine what would have our world been had these agencies not opened up these services for universal access and private innovation?

Ralph Seger once said, “One way to end up with $1 million is to start with $2 million and use technical analysis.” For a very long time, this statement seemed like a nebulous, dark chasm to me, all shrouded in mystery...

These days, eating out has become an expensive affair. The total bill amounts to much more than what was expected while ordering the food. This magnification of the bill is due to an increase in the taxes and charges. These taxes and charges added in the bill are...

The term tax haven usually conjures up images of exotic destinations with shady criminals sitting pool-side sipping tropical fruit cocktails. (Kudos Hollywood!) However, the main impetus of the existence of tax havens is not to facilitate illegal international activity, but to attract business to otherwise over-looked developing economies....

I started out wanting to review the documentary titled “Too Big to Fail” which is based on a book of the same name by Andrew Ross Sorkin. It basically covers the 2008 financial crisis from the point of view of the then Secretary of Treasury, Henry M Paulson...

Why Start up culture? It is very clear from the current scenario of the world that the smart start up culture is emerging like a rising tide in the global market. Gone are the days when students hoped and worked for a “dream job”, that would fetch them a safe pay and status. But the changing attitude of students, for precisely learning work and experiencing the hardships of a working industry is more in drive...

From the Stone Age to urbanization, human race has developed to a great extent. Gone are the days when pigeons carried messages. Technology has paved its way from anything to everything. From households to the corporate world, technology is a part of our system.  The marketplace itself has seen a lot of ways in which it works...