Finance and Economics – NICKELED AND DIMED

Devil’s Advocado: How A Country’s Access to Avocado Consumption Can Reveal its Pitiful State of Affairs

The Big Mac Index, coined by The Economist in 1986, is a measure of a country’s purchasing power and economic stability. But could this burgernomics be replaced by a more nuanced avoconomics to use a country’s access to avocado consumption as a glimpse into its socio-economic state of affairs?
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Why can’t Indians give up their private car?

Cars seem to be central to the ambitions of most typical households as they can be considered to be the last cog in completing the machine of independence after acquiring a house. However, it has ended up creating a plethora of issues which go beyond the scope of the environment. Why is it so difficult…
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Critical Analysis of the Finance Bill, 2023

he Finance Bill aims at achieving a “saptarishi” framework which includes empowering green growth, infrastructure and investment, inclusive development, youth power, financial sector, unleashing the potential and reaching the last mile. Each amendment as proposed by the bill was made in order to reach these inclusive targets so as to grow the Real GDP to…
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High Prices: An Economic Phenomenon or Capitalism?

In recent years there has been a significant increase in prices of FMCG goods. This article will try to understand the reasons behind the increase in the prices, how it is affecting the economy, why the companies are trying to increase prices and if this is a sustainable way for the companies to grow.
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EARTHQUAKES IN TÜRKIYE- ECONOMIC IMPACT

This report gives a deeper insight into the economic impact of the recent disastrous earthquakes which took place in southern Türkiye and parts of Syria as well. The economic indicators of Türkiye before the occurrence of the earthquakes weren’t substantial even though on the surface level it might seem so. The onset of the earthquakes…
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Women with Capes

By celebrating and quoting the strong and powerful women who have achieved so much, are we trying to reinforce unrealistic expectations of what a perfect ‘woman’ should be? Is refraining from sacrificing too much and choosing to focus on one task at a time instead of trying to multitask an indication that she is any…
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SPILLING THE ‘BAN’?

This article endeavors to explore the policy ramifications of Taliban’s ban on girls education. In a progressively globalized, dynamic international landscape, the repercussions of this ban are not limited to the region in question or to the populace directly influenced. Thus the article acknowledges the presence of externalities of this decision for other countries; namely…
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SECONDMENT TRANSACTIONS VIS-À-VIS THEIR TAX TREATMENT

This article aims to explore the nature of secondment transactions and the applicability of the same in the current tax laws existing in the Indian context. The taxability of these transactions has been explored through various case laws and the most recent landmark ruling of Northern Operating Systems. The article lastly deduces the implications of…
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PROCESS OF LIQUIDATION UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016

This article aims to explore the liquidation process under the Insolvency and Bankruptcy Code, 2016. Further, the article lays down the procedural requirements under the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 that need to be complied with by every company going into liquidation. The article also explores the importance of these…
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POST COVID ERA: IMPACT ON GOODS AND SERVICES TAX

This article intends to explore the recent report shared by the OECD in order to strengthen the tax base of countries, especially after the covid pandemic. Further, the article establishes a connection between the newness of the GST regime, the covid era impacting the country’s economy and the new tax regime brought in place in…
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AFTER NEHRU, WHAT?

In contrast to the traditional Gandhian ideology, Jawaharlal Nehru, the first prime minister of independent India, was a true economic modernist with radical ideas. He was one of the few leaders who appeared to be open to modern industry. He believed that rapid industrial expansion was the route to elevate the masses as opposed to…
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THE UK’S ECONOMIC POLICY FAILURE

The United Kingdom under Prime Minister Liz Truss announced the worst policy decisions under their “Growth Plan” to overcome the economic recession and here’s why:
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