Introduction 2021 was truly a crazy year. In retrospect, it was a pocket of time surrounded by calamities of disease and war. However, if you were in it, it was a very different kind of crazy. Every day in the beginning was filled with news of hope and resilience. Covid was over, but governments worldwide…
Category: Kaaryavarta
When I was introduced to YouTube in 2012, my 5th-grade self would come back from school looking forward to seeing what his favorite content creators have in store for him today. As cliché as it sounds, those were simpler times when a creator made videos because it was what excited him. The creator used his…
What are recessions? This has been a subject of heated debate among economists for a very long time. The definition of a recession is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. Put in simpler words, a recession…
Every day, 3.5 billion Google searches are made. With a figure like that, it’s safe to assume that people are already looking for anything your company provides online. But how can you make the most of all that potential? That’s where search engine optimization (SEO) comes in. SEO is only one component of a successful…
Buy Now Pay Later, or commonly known as the BNPL is the latest buzzword in the Indian Fintech and Credit ecosystem. BNPL is set to disrupt the credit market, with technology making it easy for lenders to provide sachet-ticket loans, without the risks or costs associated with lending to this category. In this article let us…
Game Theory is the study of strategic decision-making. It is a core aspect of how Blockchain Systems are designed so that anonymous nodes all over the world can work together for the common good of a network. Essentially, you want to design systems so that everyone acting in their self-interest will help the network. The…
Economists, by and large, love trade. In 2018 the IGM booth panel asked expert economists how they felt about introducing tariffs concerning the trade war. A tariff or duty (the words are used interchangeably) is a tax levied by governments on the value including freight and insurance of imported products. The majority strongly disagreed, while…
On paper, Freakonomics is a book that delves into the fascinating world of economics but in reality it’s so much more. Be it deconstructing popular notions or exposing the reader to a lesser known side of society, this book achieves a phenomenal balance between gripping one’s attention while opening their minds to learn more about the innumerable, startling examples in the book.
Imagine buying a loaf of bread for a billion dollars. Just doesn’t seem right, right? But if we pose the same question to the citizens of Zimbabwe, they’d probably say that it was a common daily expenditure. Zimbabwe suffered from hyperinflation, which led to the citizens being thrown under the bus by their own government….
The gig economy is part of a crucial transformation occurring in India’s work landscape, and ride-hailing companies are examples of platforms on which “gigs” can be found. The Indian ride-hailing market was projected to grow by 15.5 percent until 2023; the COVID-19 pandemic, however, has disrupted the trajectory. The drivers of these companies—numbering approximately four…