The ongoing Coronavirus Pandemic or Covid-19 has delivered a rude shock to the world. Words like "Unprecedented", "Historic", and "Epic" come to mind when we realize how a virus has crippled the world. Perhaps this is the one-off instance that nobody was prepared to deal with. Health services in developed nations as well as third-world … Continue reading Keeping yourself safe at home? How about your finances?
Human societies are resistant to change, it seems. Bankers' unions in India often protest against any kind of change, whether its for the good or bad. I remember the furore in nationalised banks when computers were introduced in the late 90s to maintain accounts. Tellers would spend enormous amounts of time punching the codes on … Continue reading Change = constant
A recent analysis of global emerging markets seems to suggest that India is the least attractive amongst its peers. Mexico was adjudged as being the most attractive since its currency had crashed after Donald Trump's presidency win. Credit rating agencies analyse macro-economic data collected over several years and compare the data against their projections for the next … Continue reading Jingoism in the Shark Tank
Some of you may remember the night of November 8th, 2016 when the honorable Prime Minister of India addressed the nation with his appeal for a non-corrupt nation and the demonetization of high-value currency. (Yes, brings back the pain doesn't it?) As it turns out, the entire scheme was a gamble on several levels : … Continue reading A case for legalized Gambling
The demonetization of High-value currency in India, followed by the shock (?) Presidential win by Donald J. Trump in U.S.A, has given enough material for creative people around the world to last atleast a couple of years.