Category: Education

              Payal Sharma Monetary Economics A total solar eclipse isn't just a breathtaking astronomical event; it's a boon for the economy. Millions flock to the path of totality, eager to witness nature's awe-inspiring display. This influx of visitors translates into billions of dollars for the lucky regions the eclipse graces. The 2024 eclipse in the United States serves as a prime example. Estimates suggest it generated a staggering $6 billion economic windfall. Businesses along the path, from hotels and restaurants to gas stations and souvenir shops, experienced a surge in demand. Hotel rooms filled up fast, with some charging premium rates. Even short-term rentals like AirBnB saw a significant increase in bookings. Tourism is the biggest beneficiary.  People travel long distances to witness a…

              Payal Sharma Monetary Economics As INR continues to fall against the Dollar, it's imperative to look at the impact of falling currencies on a nation’s economy. The dance of currencies on the international stage is a constant one, with fluctuations impacting a nation's economic well-being. A falling currency can be a double-edged sword. On the one hand, it can make a country's exports more attractive. For instance, Vietnam's textile industry boomed in 2023 as the Vietnamese Dong weakened, making their apparel more competitive against rivals like China. This can be a boon for export-driven economies, but it comes with a caveat: imports become more expensive. Countries like India, which rely heavily on imports like energy, felt the pinch in 2023 as the depreciating…

        DR. Priyanka Ahluwalia Banking & Finance The 4 Cs of the 21st century refer to a set of skills that are considered essential for success in the modern world. These skills are often emphasized in education and workplace training to prepare individuals for the challenges and opportunities of the digital age. The 4 Cs are: 1. Critical Thinking: Critical thinking involves analyzing information, evaluating arguments, and making reasoned judgments. In the age of information overload, it's crucial to be able to sift through vast amounts of data, identify reliable sources, and think critically about complex issues. Critical thinking skills enable individuals to solve problems creatively, make informed decisions, and adapt to changing circumstances. Critical thinking holds immense significance in various aspects of life, including education, professional endeavors,…