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The outcome of the United States presidential elections has a substantial impact on the Indian economy, owing to the interconnection of global markets and the specific policies offered by the candidates. As the world's largest democracy and fastest expanding economy, India is especially vulnerable to changes in US economic policy, trade connections, and geopolitical strategies...

Dr. Shreya Biswas, Assistant Professor in the Economics and Finance Department at BITS Hyderabad, has made significant strides in both academia and the corporate sector. With a research background in corporate governance, public policy and household finance, as well as firsthand experience at prestigious firms like KPMG and Deloitte, she brings a unique blend of theoretical insight and practical application to her work...

The iPhone 16 launched around the world on September 20th, 2024. By now, with iPhones having been around since 2007, you might be desensitized to their hefty price tags. While iPhones are undeniably expensive no matter where you purchase them, India stands out as one of the countries with the highest iPhone prices, despite the country’s lower cost of living. Have you ever stopped to wonder why Apple’s iPhones remain so expensive in India...

The last time you opened Wikipedia, did you notice a message asking for a donation? Something along the lines of, "Wikipedia still won’t be sold." Did you ever stop to wonder why such a popular website asks for donations, what keeps this massive operation running, and who is behind it...

Imagine a place that transcends the boundaries between the sacred and the secular. A place where millions gather for spiritual solace, yet bustling markets and booming tourism thrum with a vibrant energy. This isn't some mystical land; it's the very essence of temples and religious institutions in India...

On July 31, 2024, the financial world was rocked as the Bank of Japan shattered a 15-year precedent by hiking interest rates, sending shockwaves across global markets. This unexpected move triggered a massive sell-off, unravelling the intricate web of the Yen Carry Trade—a strategy that had fuelled investments worldwide...

The Olympics are much more than a global sporting spectacle—they are a high-stakes financial gamble for host cities, with immense infrastructure demands and the potential for both economic boosts or pitfalls. Balancing the promise of economic gains or losses from hosting the Games is a complex challenge. So, what does it truly take to pull off this monumental event...

The Indian Union Budget is more than just an annual financial statement—it's a blueprint that charts the nation's economic future. Every year, the Government of India unveils its vision for the country's revenue generation and expenditure for the coming fiscal year. It's where taxation, spending priorities, and financial strategies are laid out, aiming to shape the economic direction of the country...

Elections are the cornerstone of democracy, but the fight for votes comes at a cost. Behind the rallies and debates lies a complex economic ecosystem that fuels election campaigns. Now that the election frenzy begins in the second week of April let’s dive further into the cash flow of campaigning...

In this article, we will explore a common question for consumers: when buying things like a phone, clothes, or shoes, should we pay in full with cash or opt for monthly instalments known as EMI? The idea of EMI is relatively newer compared to the traditional method of taking loans to make purchases...

The world of sports is a stage for athleticism capturing the hearts and minds of millions of people around the world. But beyond the thrill and excitement, the sports industry is a multi-billion dollar business that continues to grow rapidly. Behind the cheers of fans and the adrenaline on the field lies a web of financial transactions, economic strategies, and market dynamics that govern the existence and success of a sports team...

Subsidy and Capital Expenditures or Capex are the essentials of every functioning economy and key indicators of government’s economic policy. Governments worldwide employ various economic instruments to promote growth, stability, and development. Both serve distinct purposes and wield significant influence on economies, yet they operate in different spheres...

In a surprising and pivotal move, India, often regarded as the world's rice bowl, on July 20th, imposed a ban on the export of rice to foreign markets. Being the largest exporter of rice in the world, this decision sent a shockwave across global agricultural markets. It has raised questions and concerns amongst both domestic farmers and international trading partners...

We all enjoy donning colorful, clunky shoes whenever possible, whether we're going to attend lectures (which we don’t usually do) or going to Viceroy. Yes, I'm talking about the evergreen footwear brand - Crocs. Again, I’m reminded of how many of my friends responded disparagingly when I brought my pair of Crocs’ clogs and was super excited about them. On the same lines, when Crocs were introduced for the first time...

Traditionally, education is seen as the path to a better social and economic life, to be the end to all hardships. Along the same positive lines, women's education levels have increased in India. Though the proportion of women is less than half of the population, more than fifty percent of fresh graduates are women. While this should be an indicator of the positive growth of society, shockingly enough, it has yet to translate into more women's participation in the workforce..

A few months ago, Sri Lanka’s economy collapsed after it ran out of money to pay for food, fuel, and medicine. Protests started throughout the country as the people had been struggling with shortages of basic necessities and extremely high prices due to an inflation rate of more than 50%...

Not very long ago, Late Jhunjhunwala’s backed Akasa Air launched with its maiden flight on the Mumbai-Ahmedabad route, India’s newest airline is all set to finally launch its operations in the country’s largest aviation market- New Delhi. It will be the 6th destination for the airline in the country (after Mumbai, Bengaluru, Kochi, Chennai, and Ahmedabad) as the airline opened bookings on its Bangalore-Delhi and Ahmedabad-Delhi route w.e.f 8 October 2022. The aircraft will be

About two years ago, the world around us seemed to crash and come to a halt, yet two economists named Robert Wilson and Paul Milgrom were awarded the Nobel Price in Economics for their Auction Theory. The word ‘auction’ instantly reminds us of the IPL Auction or maybe some eBay bid you woke up for during the night and still lost. At a quick glance, it might seem like a pretty mundane topic to make such a huge deal out of...

The Union Budget of India is just around the corner, presented on the 1st of February. Also, like every year, the economics association is coming out with its hallmark event, 'union budget planner.' It seemed like an apt situation to give a brief ‘walk’ through the Union Budget's basics...

Music has always been a critical part of our lives, and our increasingly hectic schedules have only amplified its importance. Indians spend 21.58 hours per week listening to music, higher than the global average of 17.89 hours. Like you may recall from the Spotify ads, we need music while performing chores, driving, working out, or spending time with our family...