India’s Stock Market Isn’t Pricing in a Full Covid LockdownSource: Bloomberg India’s stock market has reached a remarkable milestone, hitting a market capitalization of $5 trillion for the first time. This achievement places India among an elite group of countries with stock markets of this magnitude, alongside the United States, China, Japan, and Hong Kong. […]
Category: Economy
Subsidies In India: Lifeline For The Poor Or Drain On Public Finances?
Subsidies in India are integral to supporting key sectors and populations, aiming to achieve economic stability, social equity, and development. However, their impact on public finances and efficiency remains a subject of intense debate. Types of Subsidies in India Food SubsidiesThe Public Distribution System (PDS) provides subsidized food grains to millions, ensuring food security for […]
Universal Basic Income: A Solution To Global Poverty Or An Unrealistic Utopia?
Free money? The Dream – A Safety Net and a Springboard Proponents of UBI envision a world where poverty is eradicated and everyone has a safety net to fall back on. They argue that UBI could provide crucial support to those struggling to make ends meet, allowing individuals to focus on education, healthcare, and entrepreneurial […]
Small Loans, Big Dreams: How Cash Boosts Are Empowering Rural Women In India
Imagine this: you live in a village, miles away from the city buzz. You’ve got a head full of ideas, maybe a knack for making delicious pickles or weaving beautiful baskets. But there’s one thing stopping you – you don’t have the money to get started. This is a story familiar to many rural women […]
Your Wallet, Your World: Exploring The Cashless Revolution
How to invest in the cashless revolutionSource: The Globe and Mail The world is rapidly embracing a cashless revolution, with digital wallets at the forefront of this transformation. With the rise of contactless payments, mobile banking, and e-wallets, the way we think about money is changing. Gone are the days of carrying bulky wallets and […]
Experience Economy: Monetizing Your Skills & Hobbies With Sharing Economy Platforms
Biker delivering in the neighborhood. Source: VGAJIC / GETTY IMAGES In recent years, the concept of the “experience economy” has gained significant traction, offering individuals new opportunities to monetize their skills and hobbies through sharing economy platforms like Airbnb Experiences and TaskRabbit. These platforms connect service providers with customers seeking unique experiences or specific services, […]
