The Kyoto Protocol is an international agreement that aimed to reduce carbon dioxide emissions and the presence of greenhouse gases in the atmosphere. The main goal of the Kyoto Protocol was that industrialized nations needed to lessen the amount of their CO2 emissions. It was adopted in Kyoto, Japan, on December […]
Pink Tax refers to price discrepancy that calls out products and services marketed to women that cost more than identical versions marketed to men. About five years ago, the issue got a lot of attention when New York City’s Department of Consumer Affairs found many instances of gendered pricing. The […]
Business ethics are the moral principles that act as guidelines for the way a business conducts itself and in its transactions. The law often guides business ethics, but at other times business ethics provide a basic guideline that businesses can choose to follow to gain public approval. The practices mostly revolve […]
The Internal Revenue Service (IRS) is an American government agency responsible for the collection of taxes and enforcement of all taxation laws. It was established in 1862 by President Abraham Lincoln and operates under the authority of the United States Department of the Treasury. Its primary purpose includes the collection of […]
Many believe that the level of tourism and foreign investment that result from hosting the games can be an economic boon. However, hosting the Olympics actually tends to be more negative for the country’s economy than anticipated. Many countries bid tens of millions of dollars for the chance to host […]
The World Bank is an international organization dedicated to providing financing, advice, and research to developing nations to help their economic development. It was created in 1944 out of the Bretton Woods Agreement, which was secured under the United Nations after World War II. The Bretton Woods Agreement included several components: […]
Behavioral economics studies how individuals behave, and how thinking and emotions affect individual decision making. By adding insights from psychology, behavioral economics tries to modify the conventional economic approach, and to analyze how people act in social contexts. It is the study of psychology as it relates to the economic decision […]
Warren Buffet is an American buisnessman, investor and philantrophist. He was born on 30th August 1930 in Nebraska. He developed an interest in the business world and investing at an early age including in the stock market. He is the current CEO and chairman of Berkshire Hathaway, a very successful holding […]
Behavioral finance talks about the psychological influencers and biases affect the financial behaviors of investors and financial practitioners. These influences and biases can be the source for explanation of all types of market anomalies and specifically market anomalies in the stock market, such as severe rises or falls in stock price. […]
A market anomaly is a price action that contradicts the expected behaviour of the stock market. Days of the week: Research and past history has shown us that stocks tend to move more on Fridays more than mondays and that there is generally a bias toward positive market performance on […]
Biotechnology is the technology that uses living organisms or parts of living organisms to develop and create various products. It harnesses cellular and biomolecular processes to develop technologies and products that help improve our lives and the health of our planet. Today, biotechnology covers many different fields (eg. genetics, biochemistry, […]
The Japanese bullet train, or “ The Shinkansen”, is a type of passenger train which operates on Japan’s high-speed railway network. It is capable of reaching a maximum speed of […]
We are now in the biggest automobile revolution since the 1913 motor revolution led by Henry Ford. Electric cars are going to take over much sooner than we think. Many industry observers believe we have already passed the tipping point where sales of electric vehicles (EVs) will very rapidly overwhelm […]
Dogecoin (DOGE) is a cryptocurrency that is taking the world by storm with over 129.5 billion coin in circulation. In 2013, Jackson Palmer and Billy Markus created this open source […]
In March of 2020, news rapidly spread that there was a very high chance of Yes Bank collapsing. This caused widespread panic among the people and soon even the Reserve Bank of India (RBI) had to step in. On 5th March 2020, the RBI foisted a 30-day moratorium (temporary prohibition […]
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