A student administered blog by the department of BAF, BBI & BFM. Jai Hind College (Autonomous), Mumbai University
What are the top 10 happiest countries in the world? Which countries offer the best quality of life? Which countries are the most economically stable? Answers to all these questions are the Scandinavian countries and other countries like Germany, Canada, Australia, and Switzerland. What are these countries doing that makes them so great? Are they […]
Read More What Makes Nordic Countries So Happy And Wealthy?Globalisation has made trading very easy. Today, you can buy and sell goods to anyone in any part of the world. When the USD became a global reserve currency as a result of the Bretton Woods Agreement in 1944, it also meant that the USD was used as an exchange currency to buy and sell […]
Read More Can The world trade without dollars?Estate planning is a broad category that includes wills, healthcare powers of attorney, living trusts, financial powers of attorney, nominations etc. Estate disputes are not uncommon. Most of the time the conflict arises from disgruntled family members who may have been given less than what they deemed their fair share or even left out of […]
Read More The Fate of EstateAhmedabad Mirror reported a property tax scam in early 2022. To our surprise, the AMC (Ahmedabad Municipal Corporation) had not reported it until 3 months after. Property taxes are credited to other people’s accounts in this scheme. The situation surfaced when the money paid for advance property tax was credited to other people’s accounts and […]
Read More DOUBLE TROUBLE- The property tax scam!“India to see K-shaped recovery as inequalities grow”: ex RBI governor “Pointers that India is witnessing a K-shaped recovery”: The Hindu “The politics and economics of India’s K-shaped recovery”- India News “Is India experiencing a K-shaped recovery?”: The India Forum We all have come across such headlines post covid-19 pandemic, but did we even know […]
Read More K-SHAPED ECONOMIC RECOVERYIn 2009, P Sainath, a former Rural Affairs Editor of The Hindu, documented the plight of farmer suicides rampant in the Vidarbha region of Maharashtra. The 1-hour long documentary, dubbed “Nero’s Guests” draws a parallel between the Indian citizens, Indian government, and the mainstream media of the country with the Roman Emperor Nero and his […]
Read More ANALYSIS OF NERO’s GUESTSParth Vira, Senior Consultant at EY Singapore and a Jai Hind alumni shares the journey of his under-grad days and some insightful information on how the curriculum has helped him in various walks of life and further advices us to make use of it the most. One of the most important skills that are relevant […]
Read More Mr. Parth Vira on unconventional choicesStock markets have long been a popular method to invest money. However, it is not as simple as it appears. For some people, the prospect of investing in the stock market may be frightening; nonetheless, the more you are ready to risk, the greater the return is expected. Investing is a game of gambling where […]
Read More The Fall of Stock MarketsIn today’s world, especially after the pandemic, we are all driven by our desires to live a different life. A different life for many of us is not necessarily a life where we bring change. It’s where we start living the lives of different people. Netflix, Amazon Prime, Disney+hotstar, and Sony Liv among many others […]
Read More Disconnect to reconnectThe title ‘country of particular concern’ is a designation given by the US secretary of state who implements policy formation for external affairs under the international religious freedom act of 1998. A country that was once an example of unity in diversity has been named a country of particular concern, not once, not twice, but […]
Read More INDIA: “A COUNTRY OF PARTICULAR CONCERN”Ever wondered what it’s like to have your exams cancelled because there aren’t enough papers to print your question papers? Or to see your family’s monthly expenses shoot up 3 times? These are the situations faced by the citizens of our neighbouring country Sri Lanka. Sri Lankans are facing high inflation, huge dip in tourism […]
Read More Sri Lankan debt crisisThe RBI Committee on the 7th of April presented the Monetary Policy and showcased where the projections are taking the Indian economy. Given the evolving risks and uncertainties, the MPC has decided to keep the policy repo rate unchanged at 4 percent. The MPC also decided to remain accommodative while focusing on ‘withdrawal of accommodation’ […]
Read More RBI Monetary Policy – April 2022THE WORLD IS EVOLVING every second as we breathe. Be it technology, culture, infrastructure, or relationships- we are constantly changing, and with change comes opportunity. For young people, entrepreneurship is a powerful form of engagement and activism. The role of young people is widely marginalised or entirely excluded by political systems that exist in today’s […]
Read More Startups and Entrepreneurship- What it Means for the FutureWhat’s the most important thing you’ve learned throughout your career? I can’t emphasize enough on networking & talking to people. One of the most important aspects of progressing in my career has been networking – talking to people, building meaningful conversations, and maintaining a relationship that has resulted in win-wins. To network with people, you […]
Read More Zain Al Hussain Naqvi’s 5 answers to success‘There is no greater journey than the one that you must take to discover all the mysteries that lie within you.’ Everyone is a human. Someone with dreams, values, experiences, emotions! We are all a box full of unique treasures waiting to be discovered. It is said that the greatest treasure that one can find […]
Read More Human- A treasure box of invaluablesAccounting has been estimated to be in existence for about 7000 years, to put that time frame into perspective it is as old as when Aristotle put the theory of Earth being spherical in shape. Single Entry Accounting was considered to be one of the earliest adoptions of accounting methodology. It was a simple, easy-to-maintain […]
Read More Evolution of accountingFormula 1 continues to be the passion of a vast majority of people. Over the years, it has evolved to be more than a sport- and an expensive one at that! Formula 1 has morphed into a huge industry and as religious monitors of this sport; we are accustomed to the infinite zeroes that turn […]
Read More Formula 1: Cash, Cars & CrashesEveryone in life fears something. Even the strongest beings alive fear something. There is no one in this world who fears nothing. Arachnophobia, acrophobia, trypanophobia, social phobia, aquaphobia, and thanatophobia are a few common fears. But the one thing people fear subconsciously is the fear of being forgotten. Athazagoraphobia or the fear of being forgotten is […]
Read More My Worst Fear: AthazagoraphobiaA room full of people with fifty different forms of expression feels a lot more intimidating than a group call on Google Meet for the same amount of time. I found myself in a similar room a month back and switching off my camera seemed like the best option; if only I could exercise it. […]
Read More Pandemic Withdrawal: Are We Ready to Be Offline Yet?On 24th February 2022, Russian military forces launched a devastating attack on Ukraine by air, land, and sea. For months, President Vladimir Putin had denied the possibility of Russia invading its neighbour, but then he tore up a peace deal, sending forces across borders in Ukraine’s north, east, and south. As the number of dead […]
Read More The Russia-Ukraine crisis explainedMr. Shaktikanta Das, on February 10th, presented the monetary policy in the meeting held by Monetary Policy Committee (MPC). Monetary policy religiously starts by presenting its repo rates and reverse repo rates. This year was no different with repo rates remaining unchanged for the 10th time in a row at 4% under the Liquidity Adjustment […]
Read More Monetary Policy Feb. 2022Abstract: The following blog aims to cover the aspects of misappropriation caused by the Indonesian Insurance Company Pt. Asuransi Jiwasraya which has been in the business for more than a century but due to the unethical management it has resulted in a loss of more than 13 Trillion Rupiah which translates to 6000 crores of […]
Read More Financial Fraud in IndonesiaPro-growth Budget with emphasis on capital expenditure and investments to power the country’s GDP. Key Highlights: No change in tax slabs. However, one can now file updated tax returns 2 years from the end of the A.Y. to correct the errors Relief to differently-abled persons wherein the payment of annuity/lump sum will also be available […]
Read More Budget Impact on Common ManThe Greek Debt Crisis refers to the sovereign debt owed by Greece to the European Union between 2008 and 2018. Greece’s announcement in 2010 stating that it might default on the debt caused The European Union to loan Greece sufficient funds to continue making payments- resulting in the biggest financial rescue of a bankrupt country […]
Read More The Greek Debt CrisisEvery monetary policy begins with the projection of Repo Rates. Repo rate is the rate at which the central bank lends money to the commercial banks in hypothecation of the securities. Reverse Repo rate is the rate offered by RBI to commercial banks for depositing the money. Now, there are certain times when commercial banks […]
Read More Monetary Policy Dec – 21The European Union (EU), a group of twenty-seven European countries is one of the most influential and powerful unions in the world. Founded in 1993, the union ensures that no more bloody wars break out in the continent and ensures peace and cooperation among its member nations. It comprises some of the most developed economies […]
Read More Poland- Belarus migrant crisisCricket’s fanbase across the world is estimated to be around 1 billion people, and guess what? People of the Indian subcontinent account for almost 90% of that population. So, that’s the amount of love for cricket amongst the people in India! And this is something that the Board Control for Cricket in India (BCCI) has […]
Read More Inside IPL: Cricket and BusinessObjective of AI- The essential goal of AI (additionally called heuristic programming, machine insight, or the re-enactment of intellectual conduct) is to empower PCs to perform such savvy assignments as dynamic, critical thinking, discernment, understanding human correspondence (in any language, and decipher among them), and so forth. Confirmation of this goal is the visually impaired […]
Read More AI and Humans- Stronger TogetherDuring the times of 1970’s, an entrepreneur named Fredrick Smith, having a graduate degree from Yale University and having a budding experience from Marine Corp. started a package delivery system based on the business model that he had presented for his paper in University. FedEx (Federal Express) Corporation, placing itself among the top companies we […]
Read More FedEx outbound from BankruptcyOur country is one of the fastest growing economies in the world. Industrial segments like the automobile sector, textile sector, and agriculture have grown since the nation’s independence. The support and conviction after independence received from government and welfare schemes had given a boost to these segments for steady and progressive growth. Among these, the […]
Read More Future of electric automobilesINTRODUCTION In the fictional world of books and movies, some of us may be fascinated by serial killers. The mystery keeps us hooked. Ironically when we talk about this happening in reality, it scares us to death. Serial killers and their crimes sometimes seem far-fetched, but they are all too close to reality. The origin […]
Read More INSIDE THE MIND OF SERIAL KILLERSIndians were deprived of their basic rights during the reign of the British and remained as their slaves for many centuries! Finally, 1947 marked a new beginning where a democratic India surfaced. India: An emerging superpower. A rich country, having sustained all the powerful invasions for its precious nature and resources and termed as a […]
Read More The True Meaning of IndependenceWhen the British declared India as ‘Independent’ in 1947, there were multiple reasons for them to quit India. Besides Gandhiji’s Satyagraha and other anti-British movements by various freedom fighters; another reason why the British left India was that after draining out, a staggering worth of US $45 trillion! (value as of 2019) from this previously […]
Read More Draining India and The gifts of OppressionThings take on different meanings depending on who is looking, where they are looking, and in what context they are subjecting the situation to. Humans, according to Russian philosopher Mikhail Bakhtin, are both “the witness and the judge,” meaning that we see and judge. And it is because of this witnessing and judgement that different people have various perceptions depending on their diverse experiences. As I look back at my childhood, I recall a very disturbing incident where a friend of mine was killed by her father just because he feared she would be killed or raped or kidnapped on their way to the border […]
Read More The tale of Indian WomenIndia has come a long way since Independence, leaving behind a series of landmarks that define its journey from the agony of Partition to a strong, powerful, and developing nation. Despite the popular opinion, the key to this tryst with freedom has been entrepreneurship. Entrepreneurs and businessmen alike are frequently thought of as national assets to […]
Read More Luminaries that freed a NationIndia will be celebrating its 75th year of independence on 15th of August, 2021. While we all are filled with a sense of pride and patriotism for our motherland, let us take a moment to analyse the impact that the Britishers had on India. Back in the 17th century, little did our countrymen know that […]
Read More Scars of Partition‘In a gentle way you can shake the world’ said Mahatma Gandhi. The man did manage to shake the world with India’s Independence. Seventy five years ago around this time, our country officials were planning major social, cultural and economic changes for a free and a better India. Have you ever wondered what the economy […]
Read More Indian Economy over the yearsWords, as I have been told, have the ability to resolve conflict and at the same time engrave wounds so deep that a person may never heal. The intricate arrangement of these letters which eventually form words and later, a sentence has always fascinated me. The power of these sentences which end up conveying things […]
Read More Words of RevolutionWhile humans and nature have been tied into a constant battle for decades, human activities have been showing signs of triumph as nature nears its defeat. This is evident from numerous garbage patches that are located in the oceanic bodies of the world. As of now, there are a total of 5 garbage patches, one […]
Read More Garbage patchesThe Arctic ocean is gaining prominence in current geopolitics. While many of you would assume it’s because of climate change, you are not wrong! But what you might be unaware of is that this region is steadily becoming an important turf for the world superpowers. The effects of global warming are increasingly evident in this […]
Read More Power, Greed and the ArcticAccording to the Oxford dictionary, the word freedom means ‘The power or right to act, speak, or think as one wants.’ The articles 19, 20, 21A and 22 of the constitution of India contain the provisions of the right to freedom. As per article 19, the following six freedoms are guaranteed to every person in […]
Read More Is FREEDOM A MYTH?Happiness is an abstract notion that nobody has come close to define in its literal form. Some say happiness is a fleeting moment of glee, where you help a dog out of a wired trap and set it free, free from agony. While some say happiness is a prolonged state of contentment when you have […]
Read More Happiness paradigmYour life is as good as your mindset and the way you adapt your mindset profoundly affects the way you lead your life. It is a vital factor which influences your success, or your eminence in life. The truth is that mindset has everything to do with perspective. Our foundational beliefs, attitudes and biases naturally […]
Read More The Bizarre Truth About MindsetsOver the past few centuries, the world has seen many revolutions. Those which totally changed the way people used to live; those which gave might and grandeur to some countries, and at the same time took that away from others. The Emergence of new economic superpowers is linked to such revolutions. Back in the 1700s, […]
Read More Economic Superpowers : The Next EraContent Warning: The following article discusses instances of body shaming, sexual harrasment, pornography, objectification of people along with racism and transphobia. Fashion is the facet of life that adjures high scrutiny because, for many people, their self-esteem and confidence have a lot to do with how they seem to materialize. Fashion is an aesthetic expression […]
Read More Victoria’s Secret is Out in the OpenBlues- The music that causes the revelation of emotions when sung and played makes you feel every note you hear. It wasn’t formed or discovered overnight. Dejection, suppression, and frustration gave birth to a genre that has lasted until this day and will not fade away anytime soon. If it weren’t for the Blues, the […]
Read More Story of the Root Genre- Slaves to Superstars.This is an interesting time in world politics – the USA wants to hold onto its position as a superpower while on the flipside China, a country whose meteoric rise in the 21st century makes it a worthy contender for the position of superpower. Both countries are gathering allies to become a dominant force in […]
Read More What’s Next in Indian DiplomacyIn this age of social media influencers and the subtlety of stealth marketing, it can become difficult to check the legitimacy of a company signaling its support towards any movement. Who knows whether they are really embracing the campaign or just trying to keep a tight stranglehold on their market-leading position? Consumers in the 21st […]
Read More Pride for sale!With the uncertainties around us, another mystery that is yet to be decoded is that of the popular group ‘Anonymous.’ Anonymous is a decentralized internet hacktivist group known as the unknown face behind many of the world’s major cyber attacks on institutions of power. From governments to their agencies, corporations, and even the Church of […]
Read More Fact-Checking Threats by ‘Anonymous’ to Elon MuskBreaking News! Bitcoin plunged to $30,000 levels! Crypto investors lost a whopping $830 billion in the blowout few weeks ago! Almost every one of us has heard media calling out these headlines and crying out loud on the recent crypto crash looming all over the world, but did you know that this wasn’t the first […]
Read More Crypto Chaos“UK declares national emergency, forests across Europe burn as extreme heatwaves wreak havoc.” “Climate change made heat waves 30 times more likely in South Asia” “Dozens dead in Canada as heatwave shatters records” “40% of Mumbai could be underwater in the next century” Climate change is not just excess heat, it’s also unseasonal rain, extreme […]
Read More The Climate Is Changing: Why Aren’t We?
The Endeavour Editorial Club 