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…

WAR! WHAT IS IT GOOD FOR?

By Aashni Rebello Inflation stands at 7.01%! Global supply chains are being disrupted! There is a shortage of grains, fuel and fertilizers all over the world.  A war is raging between two of the most globally integrated countries in the world. A crisis like no other, the Russia-Ukraine conflict has triggered an economic meltdown, one…

The Rise of the Jangmadang

By Aashni Rebello | Edited by Samarth Khanduri ‘Pyongyang claims to have successfully tested a nuclear warhead,’ ‘7 public executions in the past decade for watching K-Pop,’ ‘60% of North Koreans live in extreme poverty.’  Bombarded with these headlines, it is hardly surprising that the rest of the world sees North Korea as a dark…

The Booster Shot

by Ruth D’Souza | Edited by Drishti Rana In a world of ideas, creativity is a beacon but it does not stand alone. Even more important than coming up with an idea, is the funding that backs this idea. Innovation is nothing, if not backed with funds. The source of backing ideation is not hard…

The Dollar Dominance

By Kushi Naidu | Edited by Kripa Jalan Have you ever wondered about a world without currency? Or a world without a standard means to deal in trades? As peaceful as it is to imagine, it also would lead to a spiral of unorganised transactions throughout the world. Looking at the significance and fluidity in…

Beyond Consumerism

by Khushi Shah ‘In nearly 100 cities, where a combined 700 million live, the consumption of goods and services ‘including food, clothing, aviation, electronics, construction and vehicles’ is responsible for 10 percent of global greenhouse gases. That’s nearly double the emissions from every building in the entire world..’’ – The New Republic Bush fires, ghost…

Uber: An Economy of Trust

by Kripa Jalan Did you ever hesitate to take an UberPool or questioned the safety factor before booking an Airbnb? Have you ever stayed in an Airbnb or used an UberPool and tried to understand why these concepts exist, how they started and what they are built on? Have you tried to understand what they…

Shining, Shimmering, Splendid

The Evolution of India’s Diamond Industry and Scope for the Future Gemstones are a unique phenomenon of nature. Formed, perhaps, under nature’s direst conditions, they have been hailed not only for their beauty but also as a metaphor for resilience. These gemstones and jewellery alike, have been integral to Indian society as indicators of class,…

De Beers: The group behind ‘A Diamond is forever’

We have often heard of the famous quote, “Diamonds are a girl’s best friend.” While that may seem exaggerated, most people, at some point in their lives, have longed for a diamond, either for themselves, or as a gift to a loved one. What enabled these stones to take the form of a status symbol…

The Greek Recession – A Tale of Bad Debt

After a decade of recession, austerity measures and poverty, the Greek economy is finally showing some signs of recovery. This makes us wonder- How did ‘mighty’ Greece turn into a case study for economists in the first place? While public debt is often thought to be the only reason for the economic meltdown, there were,…