In October 2020, IMF had published its projections in the World Outlook Report in which it is expected that India’s GDP (Gross Domestic Product) will contract by 10.3% and Per Capita Income by 11.2% in 2020-21. This is more than double of what IMF had projected as a contraction of 4.5%. This shows that India […]
Category: Economics
The regime of SARS
This SARS is not to be confused with Covid 19 or any type of disease. The SARS was a subunit of the Nigerian Police Force, which was created in the latter half of 1992 by ex-police commissioner Simeon Danladi Midenda to deal with offences associated with robbery, motor vehicle theft, kidnapping, cattle rustling. This unit […]
Covid-19s Impact On The Sports Industry
The sports industry was one of the fastest expanding industries before the coronavirus pandemic caused a major public health crisis and the shutting down on all public events. The total value of the entire sports industry is 756 billion dollars (an increase of 50% since 2011). This trajectory was expected to attain new heights until […]
Auction Theory: The 2020 Nobel Prize Winner
A little about Nobel Prizes The Nobel Prize is not a single prize, but 5 different prizes in the fields of Physics, Chemistry, Physiology/Medicine, Literature and Peace. It is widely regarded as the most prestigious award in one’s respective field. The man behind the Nobel Prizes is Alfred Nobel, a Swedish Engineer, Businessman and Philanthropist. […]
China a neighbour hood or a threat
“In this world, fear has no place. Only strength respects strength. We must stand not only as a military power but also as an economic power. Both must go hand-in-hand”-A.P.J Abdul Kalam. In 1947,when Republic of India became free, China additionally went through a troublesome amount of seperations, conflicts and revolutions. Today, China has emerged […]