Gold, Hallmark

Why are Gold Jewellers protesting new hallmarking rules?

Prologue A man in Kerala was recently arrested by the Customs for smuggling gold in a rather novel way – he had ‘painted’ gold worth INR 14 lakhs in the inner layers of the jeans that he was wearing, in a paste form. That speaks for…
Terrorism, Terror Groups, Funding, Government

Who funds terrorism and how do the terror networks operate?

Prologue Money – a medium of the transaction to exchange goods and services, that’s how our textbooks define it. We are often preached how human life is all about happiness, sorrow, excitement, love, success and other human emotions…
factoring

Factoring – How bill discounting can revive the MSME sector

Prologue Businesses are often stuck between debtors who won’t pay on time and creditors who won’t wait. In between, a businessperson often ends up offering higher discounts to their debtors for early clearing of receivables or buying…
Olympics

The Economics of Olympics – Good Sport, Bad Business !

Prologue Olympics – once in every four years, athletes and teams from around the world compete against each other – a global event in a true spirit. Ever since the first modern games in 1896, the Olympics have evolved dramatically. The…
Helicopter Money, Economy, Government

Helicopter Money – When Government Goes on Shopping Spree

“It’s not raining money”, a phrase that I have heard my parents say several times in my childhood whenever I went out of bounds to buy something expensive. I teach the same to my kids today! The implied meaning is simple – we work…
E-Commerce, retailers, industrial revolution

E-Commerce vs Retailers – The complete debacle explained.

Prologue “India missed one bus with the Industrial Revolution – a certain boost in muscle power and we were not able to catch up for 300 years. Maybe, we didn’t jump on the second bus on time and that is – the electronic revolution…
cryptocurrencies,bitcoin,blockchain

Cryptocurrencies – Volatility and other problems

Why are Cryptocurrencies volatile? Bitcoin, the most popular cryptocurrency, is not yet recognized as legal currency by any government. However, any person can buy, hold or sell and even trade cryptocurrencies, subject to rules and regulations…
Cryptocurrency, Blockchain, Bitcoin

Cryptocurrencies – How virtual currencies operates?

Cryptocurrency network has been considered robust, the reason why it has garnered support so far. To understand the same, let’s understand how cryptocurrencies operate. Blockchains Cryptocurrencies work on blockchains – imagine…
Bitcoin, Cryptocurrencies, Blockchain, Government

Bitcoin – The journey so far

What you need to know about the journey so far In 2008, when the world met eyes with reality, as the global financial crisis emerged, an anonymous person ‘Satoshi Nakamoto’ was developing a new ‘peer to peer network’ to create a…
What is cryptocurrency

Cryptocurrency – New Fin-tech Resistance, Not Revolution !

If the Indian Government were a parent, it would be the kind who would like to accompany you even on your honeymoon! For the past few years we have experienced how Government is trying to establish its control over various aspects of our life…