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As the “Oracle of Omaha,” the richest, the most idolized, the most respected businessman in the world celebrates his 90th birthday, we bring the story of his life for you. From $38 to $78.9 billion, from a paperboy to the wealthiest businessmen, his life has become the most inspirational and imitated in the world for young entrepreneurs...

On this day, the daughter of a construction contractor, Agnes Gonxha Bojaxhiu, who was later known to be as Mother Teresa, was born in Skopje, the current capital of the Republic of Macedonia, in 1910. With a brief look at the early life of Agnes we’ll see why she is known for her great charitable work and called Mother Teresa...

As Bill Clinton, the 42nd President of the United States, turns 73 on this day, let’s look at how he contributed to the post-cold war economic expansion of the United States...

Negative interest rates are exactly what they sound like- interest rates on loans and deposits, among others, below zero. A situation wherein a borrower will end up paying back less than what he borrowed, a depositor ends up losing money on his principal amount...

The article is organized as follows. The first section contains a summary and some highlights from the Big Tech Hearing in-front of the House Judiciary Sub-Committee on Anti-Trust of the US Congress. Jeff Bezos, Sundar Pichai, Mark Zuckerberg, and Tim Cook were present for this hearing, and the Congress had some choice words for each of them...

Building a successful start-up is an arduous task. It demands a lot out of anyone, both physically and mentally. Additionally, a good entrepreneur probably misses a high-paying job despite their great skills, while working in a small room. Therefore, they invest a lot in their venture if one accounts for the high opportunity cost...

We are all familiar with the Zoom app, as the ideal video conferencing platform (VCP). Its overnight success is what is making its competitors bite their nails. The debateable question is, how Eric Yuan, the CEO of Zoom, managed to use the pandemic as a stepping stone to success? Let us try to address this question and understand the secret behind it, learning about him and the company from their history to the future...

All B3 students need to complete 6 Discipline Electives (DEls) in their 4 or 5 years on campus, largely completed in 2-1, 2-2, 3-2 and 4th year. It is suggested (and is your best case-scenario) that you take at least 2 of these 6 electives in your second year. It is completely upto you whether you wish to take both these electives in 2-1, in 2-2 or one elective in each semester. I can say with certainty that neither of the three options are worse or better than the other...

With the imposed lockdown and newly accepted norm of social distancing, work from home has replaced the traditional offices in almost every sector, at least as of now. Although the world has already experienced a sneak-peek of remote working long back, work-meets in rectangles is a new normal now...

A ‘Bad Bank’ is not a phrase for an underperforming or a corrupt bank, despite how it’s used in common parlance. A ‘bad bank’ is a corporate structure set up to buy the bad loans and other illiquid holdings of other banks/financial institutions. This helps the banks clear many Non-Performing Assets(NPAs), off its balance sheet, subsequently encouraging the banks to ramp up lending...

Hong Kong is an important city in Asia as it plays a vital role in international trade in many countries. Despite being just a small city with a deep water port as its only asset, Hong Kong has overcome many difficulties in establishing itself as a powerhouse economy and is an essential financial center comparable to New York, London, and Singapore...

Covid-19 has disrupted almost all parts of the world and has challenged the public health system greatly. A medical catastrophe, the coronavirus pandemic has infected more than 2 million people and killed over 160,000 people till now. The last pandemic of the size and scope of the current coronavirus pandemic was the 1918-19 Spanish Flu pandemic...

The Economics Association had organised a seminar on 5 February, 2020 for all B3 students and finance aspirants to enlighten them about what lies ahead on this fairly trodden yet uncertain path. We had a tremendous turnout for the event. The things that we touched upon included electives to choose from, PS, internships, career prospects, and further studies...

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...

On the 26th of August 2019 the Reserve Bank of India issued a press release stating that it decided to transfer a sum of Rs.1,76,051 crore to the Government of India...

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...

As a part of the series 'Analysing Acche Din', we try to evaluate the initiatives of the Modi Government in the third year in power...

Europe is suffering from the leadership crisis, as disruptions are continuously increasing across the continent. Brexit, Yellow Vest protests, and the rise of fringe parties to occupy the mainstream position is becoming the new norm in countries like France and Germany...

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...