Almost 50 years ago, India nationalized 14 commercial banks in the country, an extraordinary move, a historic event of its own. From 1947 to 1969, a whopping 665 private banks failed and people lost faith in the country’s banking system. Thus, the government had to bridge the gap. Today, 50 years later, the government is […]
In 2016, Prime Minister Narendra Modi promised that the Government aims to double the farmers’ income by 2022. It’s 2022 and a fair time to evaluate the situation. However, firstly let’s understand the problems with India’s farming model. Indian Farming is largely dependent on the monsoon. When the monsoons aren’t kind, crops fail, and farmers’ […]
A massive nationwide internet outage hit Canada recently caused primarily because of a maintenance update core network. 90% of the telecom market share in Canada is controlled by three companies – Rogers, BCE Inc and Telus Corp. The recent outage was caused by Rogers Communications, one of the big three telecom providers, who faced a […]
While the weakening rupee is disheartening Indian merchants, and also students who are looking to fly abroad, Indian exporters are celebrating the same. Exporters of textile, engineering goods, petroleum products, jewellery and chemicals – the top five Indian exports – are set to make the most from the sharp decline in the Indian rupee, among […]
Background The Enforcement Directorate (ED) has been in the news these days more than the crime and criminals. The Government under its current regime has been extensively using the services of the Enforcement Directorate in numerous cases. The number of raids by this particular law enforcement agency has increased as much as 27 times since […]
Background When Russia first attacked Ukraine this year, countries across the world chose to sever ties with Russia. Russia was left alone and couldn’t engage in trade with other countries the way it used to. Russia, the biggest oil producer in the world, was locked out of many markets and had nowhere to sell its […]
