The recent U-turn on 45% tax cut by the UK Prime Minister, Liz Truss, within 24 hours of defending the move publicly has set her administration on a backfoot which is barely 1 month in office!! WHAT IS THE TAX CUT ABOUT? Existing income tax slabs – 0% -Income < 12,570 Pound sterling 20% 40%…
URBAN FLOODS – NATURAL/ MAN-MADE CONSEQUENCE???
With the onset of October, festive vibes begins along with NORTHEAST MONSOON setting its foot on the EAST COAST OF TN!! Every year, during this period, the horrors of 2015 December floods gives me a jerk, where the losses amounted to whooping 15000Cr in Chennai alone. Floods have become much frequent nowadays(Kerala, Maharashtra, Karnataka during Southwest…
‘DOSA ECONOMICS’ – IMPACT OF INFLATION ON COMMONERS?
Being a huge fan of Dr. Raghuram Rajan, former Governor of RBI, I had thought to simplify his famous “DOSANOMICS” which he had explained in his book “I do what I do”. WHY IS THIS IMPORTANT NOW? With RBI hiking interest rates by 50 basis points to 5.90% (as mentioned in earlier post), in a…
1$ = 81.38 Rupees!!! THE LOGIC BEHIND!
Taking a trip out with your family might be expensive in recent days, be it booking a hotel, food, travel, miscellaneous etc., The fact is that, in India, the condition is better compared to other countries where inflation is the reason for 22% higher thefts in supermarkets! In the last one decade, the rupee has…
CLIMATE SMART AGRICULTURE – NEED OF THE DECADE?
Do people living in cities ever know the POPULATION OF RURAL INDIA?? ITS WHOPPING 70%!!!. These people depend directly/ indirectly for their livelihood on AGRICULTURE alone! According to U.S. Environment Protection Agency, since Industrial Revolution in 1800s, the amount of atmospheric Carbon dioxide have been increased by 40%, due to NATURAL CALAMITIES COUPLED WITH ANTHROPOGENIC…
FREEBIES!!! ARE THEY EVEN REQUIRED???
With the onset of election season, we could get to see political parties rallying down the streets with POPULIST PROMISES to offer Television sets, Electric fans, Grinders, Laptops, Washing machine if VOTED TO POWER to please their vote bank. Why are these promises getting controversial in recent times?To understand this, we should try to…
WATER CRISIS IN EUROPE! WILL INDIA SUFFER IN DAYS TO COME?
Water, a resource which has no respect for national boundaries. The balance of this resource is highly skewed with EUROPE, experiencing its worst drought in 500 years after a sequence of heatwaves., Meanwhile, PAKISTAN, whose 1/3rd of the land area is totally flooded. This striking contrast reminds us of the situation where the Ocean Mean…
THE INVISIBLE ENEMY: MICROBES! – BIOWEAPONS IN FUTURE?
With the novel COVID-19 pandemic persisting in this world for 2.5 years in a row, by engulfing enormous human lives, toppling governments, destroying the livelihood of millions of people. It gives us a nightmare on how events would unfurl if the world faces yet another PANDEMIC!!! With the rising instances of viral infections like…
ABORTION RIGHTS!!! WHAT THE WORLD NEEDS TO KNOW ABOUT INDIA!
INDIA, a developing country, with its immense 1.4bn population has provided JUSTICE to its 50% people i.e., its WOMEN!!!👩 The top court of India delivered a progressive & historic judgement at a CONTEXT when the Western world battles with conservative resurgence driven by religious principles. Countries like the USA, Poland, Hungary, Italy are facing rallies…