Elections and Financial Markets, are they intertwined?

By Ishan Binod | Edited by Aashni Rebello “In the short run, the market is a voting machine but in the long run, it is a weighing machine.” – Benjamin Graham, American economist. Elections are an instrumental tool in the political process of any modern democratic entity. The months preceding any general election, are characterized…

The Economics of Freebies

By Shambhavi Kumar | Edited by Aman Kayal  As a report published in The Quint aptly sums it up, Freebies are akin to “putting money in your left pocket by taking it out from your right pocket.” With the legitimacy of freebies offered by politicians before elections being challenged in the Supreme Court over the…

Connecting the Bridge from India to the UK 

By Shriya Vora | Edited by Ruth D’Souza  Rishi Sunak’s appointment as Britain’s youngest and first non-white, Indian-origin Prime Minister has caused quite a stir in the whole world, especially in India. A country that was ruled for years by the British is now finally seeing history make a full circle. Some have viewed this…

IT’S ALL IN THE MIND: THE NEUROECONOMICS OF DECISION MAKING

By Tanisha Kamat | Edited by Ikshita Jain “We could solve all our problems if only we were the efficient, rational human beings of standard economic theory,” said Jeremy Grantham, British investor, and CEO, as he challenged the very base of every modern economic theory: a purely rational human being. Unfortunately, today’s neuroscience tends to…

Automation Industry: A Boost to the Indian Economy

By Karishma Malhan | Edited by Khushi Shah Automation in simple terms is minimising human efforts through the creation and use of electronics and technologies that boost reliability and efficiency in performance. A major goal of automation is converting complex tasks into simple ones thus enhancing productivity and making our lives easier. It functions virtually…

Economics Declassified Newsletter: October 2022 Issue

Greetings! The Department of Economics, St. Xavier’s College, Mumbai is proud to present the first edition of its official newsletter- The Economics Declassified for the academic year 2022-23. This newsletter is our attempt to establish a space for the young minds where they can learn, gain insights and update themselves with the critical issues in…

ARE INCREASING CRIMES AGAINST WOMEN IMPAIRING THE INDIAN ECONOMY?

By Srishti Mehrotra | Edited by Aashni Rebello Ironically, in a country where Goddesses like Durga and Kali are worshipped and are deemed the epitome of power, the women of the same country are subjected to brutal crimes and instances of violence. Crime cases against women are rampant in India, they hinder educational attainment, and…

Brexit: A Predicament for the UK?

By Nevelee Shekhar | Edited by Aman Kayal With the resignation of Boris Johnson, is the United Kingdom realising its mistake? The short and disastrous tenure of Liz Truss has proven how big of a predicament Brexit was for the UK.  The European Union, an international organisation, became a global power and a free trade…

The 5G race: A new wave of Economic Development 

By Aman Kayal (Editor-In-Chief) The promise of 5G has been echoed throughout the business world for years. 5G’s faster speed, lower latency and ability to connect vastly higher numbers of devices than previous generations of mobile technology offered executives a glimpse of a more efficient and productive future. By providing the basis for ubiquitous ultra-fast…