India is the second most populous country, however, treating population as a liability or an asset is a foremost predictor of growth. A nation’s HDI ranking closely aligns with their per capita income, stressing the importance of education for economic growth. …

Corporate culture is can be defined as the way workers behave in a business organisation. They are considered the rules or normal of an organisation and are largely based on beliefs, values and attitudes of management. It represents the character or personality of an organisation. Culture refers to the subjective…

“It is the health that is the real wealth and not the gold and silver pieces” — Mahatma Gandhi The world is witnessing two contrasting scenarios, with the fertility rate declining below critical levels in most industrialised and developing nations of the world, accompanied with an upsurge in the population levels of poor countries. The shrinkage of workforce growth has also not bereft India and China of this trend…

Driven by the advice given by Keynesian economist Walter Heller, president John F Kennedy proposed a tax cut in his address to the nation on 13th August 1962. Kennedy’s tax cut brewed amidst a sluggish recovery from the 1960–61 recession of the US economy, and the adjacent political forces that…

A bank is a financial institution that accepts deposits and recurring accounts from the people and creates a demand deposit. …

A foray into the unknown and undiscovered — Saatwik Panigrahi Economy in a historical context The last fifty years on the twentieth century experienced a turn of events, which helped the conutnry to tranition from a communist economy to a The Chinese leaders adopted a ‘gradualist’ or ‘incremental’ approach. They believed that sequenced economic reforms…

Labour market is a platform that acts as an intermediary between the employers and workers, where workers strive to earn the best-possible job and employers employ the worker with all the necessary qualifications. The ‘napkin theory’ of the simplified demand and supply curve, according to which the immigration of labour…

The world economic order witnessed quantum structural ramifications with the fall of the Berlin wall in 1989. The event set in motion a series of incidents that ultimately steered a paradigm shift. This phase is popularly associated with the transition of Russia, formerly the Soviet Union, from a communist to…

The threat of market failures looming in the world necessitates reforms in approach towards ensuring an optimum allocation of resources. Greenhouse gases produced as a result of consumption of fossil fuels create huge negative externalities of production and consumption. The United Kingdom has indulged in extensive carbon offshoring wherein, the…