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Rising Popularity Of Cryptocurrency And Plight Of Business Schools

Sayani ChakrabortyAugust 22, 20220

There has been a tremendous increase in the value of cryptocurrencies over the last few years, and the market size of cryptocurrency is projected to expand to more than $1080 million by 2026. Since then, this innovation has skyrocketed and gained widespread interest. To date (2021), 97% of global tyre users have indicated trust in and optimism about the digital asset. As recently as a few years ago, even business schools showed little enthusiasm for incorporating cryptocurrency education into their curricula. They didn't think it was real and assumed the technology will go away soon. Despite the doubts, cryptocurrency study is being included in MBA programmes. Since 2013, the market for cryptocurrencies has grown by more than 90%, and there are now more than 4000 different kinds of cryp...

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Threats To Future Of Handloom Industry And Indian Heritage

Sayani ChakrabortyAugust 18, 20220

English artisans resisted the widespread adoption of mechanisation at the turn of the nineteenth century out of concern that they would be rendered obsolete. This event is known as the Luddite uprising. Since then, handicrafts like weaving have been threatened by the rise of the machine age. Every Bengali child born in the 20th century has memorised Rabindranath Tagore's folk-rhyme "The house of the weaver, turned into the house of frogs; Eating, singing happily ever, The tadpoles of croaking frogs," which eloquently depicts the plight of the handloom weavers (Tanti in Bengali). The song describes how handlooms became extinct with the invention of the power loom. The weavers had given up their jobs. Due of the lack of handloom, their workplace has turned into a frog breeding ground. ...

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Opposition Abandons All Hope Of Defeating Modi Almost Halfway To 2024

Sayani ChakrabortyAugust 18, 20220

The present political opposition in India needs even a sliver of this famous quote to be successful. It's hard to discern whether the opposition's demise was due to ineptitude or the government's pro-people measures. Weak political opposition is bad for democracies, but in this instance, it's the opposition's lack of interest in the people. Speculation abounds over whether the opposition parties would challenge Mr. Modi and his party in 2024. The fact that this topic is being raised two years before the next general election shows the opposition parties' instability. They should respect voters' will. The concerns are more important because the BJP, despite being in office for eight years, continues to bat first, which the opposition should do. The opposition has corruption charge...

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It’s Maha Time: Next Important Test For BJP-Shinde Will Be Municipal Elections

Sayani ChakrabortyAugust 17, 20220

It took six weeks of discussions, but the BJP has secured crucial positions in Maharashtra's newly expanded government. Though nine ministers were sworn in from both parties, the BJP has received the more prestigious ministries due to its larger majority in the legislature. Devendra Fadnavis, the state of Maharashtra's deputy chief minister, is a strong figure in the state's government. As most of the BJP's portfolios were handled by NCP and Congress in the MVA government, the 40-MLA Eknath Shinde faction might take solace in the fact that a certain equilibrium continues. However, the Shiv Sena has been weakened and fractured as a result of their continued time in office. There will be grumbling even within the BJP, as most ministers have been given far smaller portfolios than th...

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Economy, Corruption, Politics And The Path Towards New India

Sayani ChakrabortyAugust 17, 20220

Recent weeks have demonstrated how "family first," "corruption first," and "freebies first" policies have wreaked havoc on economies in and around India, most notably Sri Lanka. Without naming any one state, political party, or individual, Prime Minister Modi sounded a note of caution about the dangers of populism and quick fixes in politics. In the past, many notable people and organizations, including the United States Supreme Court, have offered their thoughts on this topic. Instead of a "free for all" approach, which is unfair to the most deprived and perhaps nothing more than a gimmick because usually such schemes can never be implemented or sustained for a long time, any competent administrator would support the idea of ensuring that his or her government ensures targeted, foolpro...

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“Will Kill Your Whole Family In Next 3 Hours”, Mukesh Ambani Got Another Threat Call!!

Gunjan ChaudharyAugust 15, 20220

The family of Mukesh Ambani, the chairman of Reliance Industries and well-known industrialist, has once again received death threats from an unknown source. Mumbai Police has given information about this incident as Mukesh Ambani reported the matter to them. According to the Mumbai Police, eight threatening phone calls were made to the Reliance Foundation Hospital's display number. The caller threatened that his entire family would be finished within next three hours. Complaint filed at DB Marg police station Officials of Reliance Foundation Hospital, while registering a complaint at DB Marg police station, said that today a total of eight calls have been made threatening Mukesh Ambani and his entire family. While confirming these threat calls, the police officer said that they have re...

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PM Modi Declares BJP’s 2024 Election Agenda To Be Corruption & Respect For Women, What Do You Think About It!!

Gunjan ChaudharyAugust 15, 20220

Prime Minister Narendra Modi, in his address from the ramparts of the Red Fort on Independence Day, has clarified the agenda of the 2024 Lok Sabha elections. He has indicated that the BJP will fight this battle on the basis of "action taken on corruption". The PM's address also indicates that the crackdown on corrupt leaders will continue without being distracted by the opposition's allegations of political abuse by the ED-CBI. That is, the difficulties of opposition leaders may increase in the coming days. By raising the issue of respect for women, the Prime Minister has indicated that women oriented schemes are going to remain in the prominence of the central government in the coming times as well. This can open the way for his return to power in 2024. The Prime Minister has described...

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Global Economy To Suffer Amid Synchronised Monetary Implications: IMF Report

Sayani ChakrabortyAugust 12, 20220

The International Monetary Fund (IMF) released a revised World Economic Outlook (WEO) in July 2022, lowering its projections for global economic growth. According to the most recent projections, the expansion of global production would drop to 3.2% in 2022 and 2.9% in 2023, an almost 50% decrease from 2021's 6.1% expansion. As a whole, growth projections have been lowered across the board, but they have been revised down significantly for the advanced countries, where they have gone from 5.2% to 2.5% to 1.4%. Growth in EMDEs, on the other hand, will decelerate from 6.8% to 3.6% before recovering somewhat to 3.9% throughout the timeframe. There are a number of causes behind the lowering of expected world growth. It is noted that the worldwide production dropped in the April-June quarter ...

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India In Search Of Equality That Can Stand Up To The Test Of Time

Sayani ChakrabortyAugust 12, 20220

Many people say things like "we are the first political party that has made it possible for a person from the underprivileged socioeconomic classes to be elected to the highest position in the nation" in reference to the elections conducted to determine India's 15th president. What follows, at least for some, from such an expression is as follows: Because this claim would obliquely suggest that a politically correct party or coalition of parties occupy a special and perhaps superior moral position to give meaning to inclusive democracy by supporting, in this case, an Adivasi who has been historically excluded from occupying the highest public office Some of the politics of symbolic presence is likely to argue that producing the election outcome in favour of an Adivasi or a Dalit woul

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State Opposition Gains Or Losses, May Not Matter Nationally: Suggest 2019 Election Trends

Sayani ChakrabortyAugust 11, 20220

The opposition finally won a political victory in 2022, when its two main leaders, Nitish Kumar and Tejashwi Yadav, returned to power. Over the last 12 months, BJP's grip on politics has tightened. It dominated the presidential and vice presidential elections and won in Uttar Pradesh, Uttarakhand, Manipur, and Goa. It also overthrew the MVA government in Maharashtra by causing a split within the Shiv Sena. Congress has tried numerous different strategies after its defeat in five states, including Punjab, including the lacklustre chintan shivir and the impending statewide padayatra. The lustre of Mamata Banerjee's crushing defeat of the BJP in 2017 has worn off. The Aam Aadmi Party (AAP) and Arvind Kejriwal, its leader, have a long way to go despite their recent victory in Punjab. Ot...

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How Bad Is It In Madhya Pradesh To Deal With The Bureaucrats There?

Sayani ChakrabortyAugust 11, 20220

Concerns about the 'functional autonomy' of state civil officials have been expressed in light of the increasing number of Indian Administrative Service personnel who are retiring voluntarily or facing disciplinary action. The functional liberty of public workers in Madhya Pradesh has come into question when six government officials, including five Indian Administrative Service officers, retired voluntarily in the previous five years. Varad Murti Mishra (52), who joined the list in January after being promoted from the state administrative services, is the most recent addition. Even though he still had seven years of service time available when he retired on August 4, he decided to leave on his own will. Mishra told The Wire that he believes there was once a period when individuals ente...

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Counterterrorism Procedures And Face Recognition Technology: A Matter Of Scientific Progress

Sayani ChakrabortyAugust 10, 20220

In honour of 'Azadi ka Amrit Mahotsav,' a holiday honouring India's independence, the first-ever 'Artificial Intelligence in Defence (AIDef)' conference and exhibition was held on 11 July 2022, featuring 75 AI-based innovations. Armed forces, academic institutions, enterprises, and newcomers in defence technology participated. Four years spent presenting AI and AI-based technologies were worth it. The objective is to enhance decision-making speed, raise cybersecurity, reinforce perimeter security, allow predictive maintenance, and employ NLP algorithms to give immediate translation for soldiers encountering opponents along disputed boundaries. In February 2018, the Ministry of Defense (MoD) launched an AI Task Force, which published its findings and recommendations in June. Professo...

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