The ever-increasing debt of students and why they can’t pay it off
“The thought of being rich is more expensive than anything else” Remember when our parents used to give us pocket money that we had to live off for the entire month? In fact, there were times when we got a little extra and we used to be on top of the world. Fast […]
How is the drug cartel economy better than most governments?
Believe it or not, most countries’ GDP heavily depends on the money from illegal substances and the drug trade. In countries like Mexico, South America, and Central America, the drug cartels surprisingly use very streamlined and convenient business models similar to stores and franchises across the world. From having an exclusive chain of […]
How can every regular working person combat inflation?
With inflation being at an all-time high, it’s safe to assume that the coming months will be quite uncertain for the economy. And because of this, the rising prices of everything are just an example of what we could expect. As scary as it sounds, the truth is that it’s nothing we haven’t […]
Why don’t rich people pay taxes?
Paying taxes has always been a daunting thing for most people to do. Indian employees with normal jobs across almost all industries pay up to 30% of their income as taxes every year. Across the US, this number even rises to 35%. But on the other hand, people in the higher income brackets […]
Elon Musk and Twitter: The best frenemies
Imagine you are asking somebody for a date and are trying to confirm whether they are already seeing somebody or not. Neither is the date accepting it nor are they denying it. Frustrating, right? That’s the state of Elon Musk and Twitter right now. Even the people that haven’t even heard of an Elon Musk […]
The sinking value of the Indian Rupee against the dollar
Amid the global recession right now, the value of a single dollar is equal to ₹78.38 right now. Since the beginning of the year, the Rupee has been depreciating, little by little against the dollar. Unsurprisingly, foreign investors have pulled out more than $17 billion from the Indian equities already, making it the right […]
Why are the tech stocks suddenly declining?
Once that dominated the NASDAQ, the tech stocks are taking a steeper fall than most indexes in the markets. There seem to be a few analogies associated with this consequence, but here’s the most important one – Since the year 2010, tech stocks have pretty much witnessed a significant rise. Now call it major disruptions […]
Zomato’s acquisition of BlinkIt and the dripping sweat involved
In one of our newsletters previously, we mentioned that BlinkIt was probably being acquired by Zomato, and it happened. The in-loss, 10-minute-delivery service is finally a part of Zomato now and it seems like the stock prices are not exactly a fan of the acquisition. Before we dive into the repercussions of the acquisition, let’s […]
Why is suddenly everybody investing young?
If you are an avid user of Instagram and Facebook, there are a lot of chances you’d have come across teens sharing their portfolios worth lakhs of rupees. And surprisingly, as ‘immature’ as the #notfinancialadvice sounds, the truth is that teens now are gradually understanding more about investing than ever before. Call it the influence […]
Is YouTube slowly dying?
The downward spiral of YouTube doesn’t make sense, does it? In fact, it doesn’t even seem fathomable that YouTube can even have a major. But let us explain. YouTube is one of the biggest video networks out there. Since its inception, it has either overtook or completely crushed its competition. However, right now, YouTube doesn’t […]
