Why don’t rich people pay taxes?
Paying taxes has always been a daunting thing for most people to do. Indian employees with normal jobs across almost all industries pay up to 30% of their income as taxes every year. Across the US, this number even rises to 35%. But on the other hand, people in the higher income brackets […]
Elon Musk and Twitter: The best frenemies
Imagine you are asking somebody for a date and are trying to confirm whether they are already seeing somebody or not. Neither is the date accepting it nor are they denying it. Frustrating, right? That’s the state of Elon Musk and Twitter right now. Even the people that haven’t even heard of an Elon Musk […]
The sinking value of the Indian Rupee against the dollar
Amid the global recession right now, the value of a single dollar is equal to ₹78.38 right now. Since the beginning of the year, the Rupee has been depreciating, little by little against the dollar. Unsurprisingly, foreign investors have pulled out more than $17 billion from the Indian equities already, making it the right […]
Why are the tech stocks suddenly declining?
Once that dominated the NASDAQ, the tech stocks are taking a steeper fall than most indexes in the markets. There seem to be a few analogies associated with this consequence, but here’s the most important one – Since the year 2010, tech stocks have pretty much witnessed a significant rise. Now call it major disruptions […]
Zomato’s acquisition of BlinkIt and the dripping sweat involved
In one of our newsletters previously, we mentioned that BlinkIt was probably being acquired by Zomato, and it happened. The in-loss, 10-minute-delivery service is finally a part of Zomato now and it seems like the stock prices are not exactly a fan of the acquisition. Before we dive into the repercussions of the acquisition, let’s […]
Why is suddenly everybody investing young?
If you are an avid user of Instagram and Facebook, there are a lot of chances you’d have come across teens sharing their portfolios worth lakhs of rupees. And surprisingly, as ‘immature’ as the #notfinancialadvice sounds, the truth is that teens now are gradually understanding more about investing than ever before. Call it the influence […]
Is YouTube slowly dying?
The downward spiral of YouTube doesn’t make sense, does it? In fact, it doesn’t even seem fathomable that YouTube can even have a major. But let us explain. YouTube is one of the biggest video networks out there. Since its inception, it has either overtook or completely crushed its competition. However, right now, YouTube doesn’t […]
The decline of startups in India
More than 6000 people have been laid off from startups in the last 5 months of 2022. Whether it’s Unacademy or some other startup, employees are being left out of companies left and right. But this wasn’t the case in 2021, was it? In fact, despite the pandemic, 2021 saw more than 40 companies going […]
Why are Internet privacy companies ‘unsurprisingly’ leaving India
In one of our previous newsletters, we talked about how the new Indian VPN rules are seemingly tampering with data and user security in India. With the VPN companies asked to submit the data from the last 5 years, the Indian government is trying to collect all this data for ‘security’ purposes. This move […]
What’s really happening in Sri Lanka?
Before we analyze what’s going on in Sri Lanka, it’s important to know how did Sri Lanka even get here. One of the most serious problems lies in the economic mismanagement by successive governments that created and sustained a twin deficit in Sri Lanka. With a classic twin deficit economy, the country’s expenditure necessarily exceeds […]
