Author: Hrishi
Corruption in BJP Electoral Bonds causes Huge Scandal
What are Electoral Bonds? Electoral bonds are ways in which members of the public can anonymously donate money to political parties. However, the BJP is under scrutiny for allowing the sale of electoral bonds only a few months before India’s election. Why is the BJP under fire? The BJP (the ruling political party in India)…
US Department of Justice Sues Apple
The Lawsuit The US Department of Justice has sued Apple for monopolizing the US smartphone market. Apple dominates 70% of the smartphone market. The justice department claims that they did this not purely based on merit but with ethical malpractices which prohibit competition and reduce integration with other smartphones. Apple Exclude Competition The company is…
Goldman Sachs: The Gender Disparity Problem
Goldman Sachs, a well-known leading global investment firm worth around $126 billion, has seen recent outward success. However, internal bitterness within the firm has become more and more apparent. Many women continue to quit their jobs there under the claims of unequal pay bias towards men and little scope for getting a higher-ranking job. Goldman…
What Drives the High Value of Middle-Eastern Currencies?
Currency Abbreviation Value against USD $1 Kuwaiti Dinar KWD 0.31 Bahraini Dinar BHD 0.38 Omani Rial OMR 0.38 Jordanian Dinar JOD 0.71 Great British Pound GBP 0.79` According to Forbes Advisor, as of 2024, these are the top five strongest currencies in the world. It is evident that the top four of these five are…
India: Fastest Growing Economy in 2024
In the final three months of 2023, India’s GDP increased by a staggering 8.4%, going over and beyond analyst’s predictions of 6.6%. This places India as the fifth largest economy globally, with a GDP of $4.113 trillion. By 2027 they are set to rise to third place, overtaking Germany and Japan, who currently have GDPs…
Spring Budget 2024- What to Expect?
On the 6th of March 2024, UK Chancellor Jeremy Hunt is set to give an announcement regarding the UK’s financial plans and changes. After looking through various verified sources, finding the most common predictions for what Jeremy will announce, and making sure other sources also corroborate their claims, here is a summary of what we…
