economy
-
I am not sure if most banks in the west want to finance productivity, efficiency and sustainable economic growth. And why do I say that? Well, let’s see, a very large part of the banks’ balance sheet seems to be allocated towards financial market transactions. Be it growth in lending to private equity firms,
-
All aspects of human living are now tied to money. The measurement of productivity, success, wellbeing, influence, living standards, power and authority of a society are all interlinked with money. That is our modern society of today, is it not? But how is money created? Perhaps it is time for us to understand the basics
-
According to known history, banks as an idea began around 1,800 BC in Babylon. It started replacing moneylenders who would make loans to people. Over time banks, as independent entities became the beacon of trust in society, and started making loans as well as accepted deposits. They also changed money. Modern banking as we know
-
There is no denying the fact that, whether it is Microsoft’s Satya Nadella, Alphabet’s Sundar Pichai, along with the top bosses of IBM, Adobe, Palo Alto Networks, VMWare, Twitter and Vimeo, they all have one thing in common, and that is, they are all of Indian descent. And going forward, it is quite likely that,
-
According to google, the searches for the word “inflation “ has surged this year globally. Consumers are googling for inflation more than at anytime since 2008. There is no doubt that inflation has become a real cause of pain for families across the world. For example, inflation is costing an average US household an extra
-
I guess we have all seen posts shared by friends, friends of friends on WhatsApp, Facebook and other social media platforms about the pandemic. Some in complete denial about the virus claiming it to be a hoax, while others raising questions about the draconian restrictions imposed on the society by democratic governments across the world.
-
Some say a real market economy is the one that ensures greed is good. But on the other hand, there are those who argue that greed is in fact what is fuelling the rapid climate change. I am not sure if blame game is the right way forward. Also, I am not really sure if
Sony Kumar's BLOG 