Making Sense of it All – Decluttering Data Science
In a technical field like data science, it is common for various terminologies and technical jargon to be thrown around. Based on my reading and understanding and my work as an intern in a Data Intelligence department during my first-year … Continued
Data and Decision Making- Two to Tango?
I have often wondered how decision-making is accomplished in a business, be it in a small organization or a large one. Is decision-making simply a function of wisdom, and sometimes the whims or dictates of the one in charge? Or … Continued
The Great Fall of Evergrande
On Tuesday, March 22, 2022, China Evergrande announced that it will not be able to publish its annual financial results on time. This was the latest setback for the property developer, which is now struggling to pay its lenders and … Continued
Budget 2021- Road to Recovery
With the coronavirus pandemic wreaking havoc on India’s economy, the 2021 budget was one of the most anticipated budgets in recent memory. In response, the government has come out with a budget that shows expected growth from the massive slump … Continued
Minimum Support Price- How Effective Is It?
There has been a lot of issues surrounding the Minimum Support Price (MSP) system in India. In concept, MSP makes a lot of sense, as it protects the farmers from making losses on their products and getting exploited. However, the … Continued
Diwali Stimulus- Boom or Bust?
This Diwali has been different than any that preceded it, with the backdrop of a global pandemic looming large. The Indian economy has thankfully reflected the festive spirit, with the green shoots of recovery sprouting during October. To capitalize on … Continued
Great Depression- Causes and Recovery
The 1920s were a prosperous time for the global economy, specifically the US economy. American companies were exporting greatly to European nations who were rebuilding after the World War. Unemployment was at an all-time low, and stock prices went up … Continued
Non-price Competition- Cola Wars
When a company is trying to outsell its industry rivals, it makes sense to undercut the rival companies’ prices. After all, the lesser the price, the higher the demand, right? However, this is not always the case. After all, to … Continued
Gold Standard- no more the bar
The term “gold standard” is used nowadays to describe the ideal benchmark of how something should be done. Ironically enough, the economic event that this phrase is derived from is not in use anymore. So, what was the gold standard, … Continued
Negative Interest Rates, Positive Outcomes?
Imagine going to the bank to park your hard-earned money in a fixed deposit. Imagine also the scenario, where instead of welcoming you with open arms, besides tea and biscuits, the branch manager informs you that you need to pay … Continued