The US dollar has enjoyed an exorbitant privilege for over a century, but its unwavering reign is now being seen as under threat. Analysis shows, on the other hand, that a clear contender is not emerging, and the dollar’s safe haven status continues to make it the overwhelming favourite in...
As of 2022, India stands at 87th position in the Henley Passport Index, along with Mauritius and Tajikistan, in the global ranking of powerful passports among all other nations. This blog explores the basis of such rankings and evaluates how it can improve its passport power ranking. ● Japan and...
Not long ago Tea was a symbol of highly sophisticated social etiquette in aristocratic society. Presently, people of all sections of society commonly consume tea as a social beverage. Served in the homes of both the rich and the poor, tea has played a pivotal role in bridging the inequalities...
Although single use plastic products (SUP) are cheap, convenient and readily available, their disposal is problematic and hazardous to the planet. A collective initiative by consumers towards reducing single-use-plastic consumption would lead to building a sustainable healthy environment. The level of greenhouse gas emissions associated with the production, use and...
Given the rise in the number of environmentally conscious consumers, government initiatives & e-commerce, the growth prospects of the sustainable fashion industry seem to be promising. However, this growth is not without certain challenges though there is light at the end of the tunnel. The global ethical fashion market is...
NFTs have created an alternate value asset class. They are setting the stage for a new economy. As patronage gets democratized, so does value. But the emerging area needs to consider environmental and legal challenges. The NFT or the non-fungible token is the registration of ownership of a distinct digital...
The sanctions imposed on Russia will also have a substantial impact on the global economy & financial markets, with significant ripple effects, such as skyrocketing food & oil prices and frayed supply chains, for other countries. This blog analyses the impact of the Russia-Ukraine war on the Indian F&B industry...
Climate change is a serious challenge faced by various countries across the globe. As the 3rd largest carbon emitter, India is proactively taking various initiatives highlighted by the government in the Union Budget 2022-23, a ‘climate budget’ aimed at promoting clean energy and decarbonising the economy, in combating such crisis....
A circular agriculture model has benefits that are not just environmental but also on both a micro- and macroeconomic level. The UNCTAD estimates that applying circular economy principles to the development of the Indian food system could create annual benefits of ₹3.9 lakh crore (US$ 61 billion) in 2050. One...
In the post pandemic era, employees are taking risks and breaking boundaries built around the fear of ‘must-have livelihood’ under the Great Resignation Drive. Is this a welcome trend for the Indian labour market? Post-COVID, as predicted by Prof. Anthony Klotz of Texas A&M University, 45 lakh employees, mainly Gen...
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