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The Future of Rupee in a Dollar Ruled World

Do you all remember the popular scene from the Movie Wolf of the Wall Street where Matthew McConaughey as Mark Hanna and Leonardo DiCaprio as Jordan Belford talk about this? Mark Hanna: Number one rule of Wall Street. Nobody - and I don't care if you're Warren Buffet or if you're Jimmy Buffet - nobody knows if a stock is going to go up, down, sideways or in circles. You know what a fugazi is? Jordan Belfort: Fugayzi, it's a fake. Mark Hanna : Fugayzi, fugazi. It's a whazy. It's a woozie. It's fairy dust. It doesn't exist. It's never landed. It is no matter. It's not on the elemental chart. It's not real. Now, the Oxford dictionary describes money as a current medium of exchange in th...

From 4G to 5G: Why India needs the 5G Tech Accelerated to Today & Now

Food, clothing, housing, education and public transportation are basic human needs as defined by the United Nations. But in 2016, in a non-binding resolution, the United Nations also declared Internet Access to be a basic human right. The resolution called on governments to “promote digital literacy and to facilitate access to information on the Internet,” as it can be “an important tool in facilitating the promotion of the right to education.” As India rapidly moves towards its target of bringing the internet to 87% of its households by 2025, a natural shift of all its propelling and supporting industries towards the cause is a given. Because this time, it doesn’t just seem to be an anno...

ABORTION OR NO ABORTION? The Global Impact and The Indian Perspective after the Rollback of Roe v. Wade

It’s been a little over a month since the Supreme court of the United States overturned the historic Roe v. Wade, striking down the constitutional right to abortion, after almost half a century. The judgment has made the individual States of the U.S. as the final decision makers of whether or not abortion should be legal in that particular State. Many Republican party ruled States have banned abortions- no exceptions, not even in cases of rape or incest. And also declared heavy penalties, if caught, for the ones getting and providing abortion services.  The pro-choice protestors in America who have been on the streets since the judgment leak, they are still standing firm. Many healthcar...

The Easy-Money-Trap ; Big Fat Fintech Frauds in India

Prajwal Sharma, 28, former bank employee, now unemployed due to Covid layoffs, has a sister to marry off. The pandemic seems to be over but he is still unemployed. Not left with much of his savings and her sister’s would-be in-laws are demanding a dowry of Rs. 10 lakhs. He turns to every bank possible for a personal loan. No one entertains him – CIBIL scores are not in his favour, he has no collateral or guarantor to show. One day, a friend suggested trying the CashCow app – said ’15 minute mein loan de dete hain yaar’     . . . and indeed, he installed the app, gave them all permissions they asked for (including his contacts and PAN and Aadhar and Photograph) and within 15 minutes – the a...

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