Why Millennials and Gen Z Are Choosing Mobility Over Mortgages
The American Dream was synonymous with a stable job, a suburban house, and a comfortable retirement for decades. However, for Millennials and Gen Z, that vision feels increasingly outdated. Economic realities, technological advancements and shifting values have given rise to a new definition of success that prioritizes flexibility, personal fulfillment, and experiences over traditional markers…
Yash Sharma
The ‘Cashless’ Dilemma: A Nation on the BrinkÂ
In a country where convenience is king, the United States is rapidly embracing a cashless economy. From high-end restaurants in Manhattan to mom-and-pop shops in Silicon Valley, more businesses are opting for digital transactions. Contactless payments, mobile wallets, and cryptocurrency transform how Americans spend, save, and invest. But as the digital tide rises, an important…
Suryansh
Shaktikanta Das Appointed Principal Secretary to PM Modi
In a significant bureaucratic reshuffle, former Reserve Bank of India (RBI) Governor Shaktikanta Das has been appointed as the Principal Secretary to Prime Minister Narendra Modi, as per a government notification released today. The Appointments Committee of the Cabinet (ACC) has confirmed that Das’ tenure will be co-terminus with the Prime Minister’s term or until…
Shipra Prajapati
India To Surpass Japan and Germany In Economic Growth
The annual meeting of Tamil Magazine ‘Thuglak’ took place in Chennai on January 14, 2025. It was the 51st anniversary of Thuglak, which Cho Ramaswamy founded on January 17, 1970. Many politicians, including Amit Shah, LK Advani, and PM Narendra Modi, attended this annual meeting. Piyush Goyal, the Union Minister of Commerce and Industry, addressed…
Economic Inequality: Definition, Causes, and MoreÂ
A lack of access to quality education, a higher crime rate, growing poverty, etc., are signs of economic inequality in your country. Brazil, Chile, Peru, etc., experience the worst inequality. The World Bank shared in its World Development Report 2024 that around 100 countries are stuck in the middle-income trap, which is connected to this…
abhinav singh
Tech Companies Laid Off Over 27,000 Employees In August
Major tech companies like Cisco, Intel, and others have reduced or are planning to reduce their labour force. So far this year, 422 companies have laid off 136,000 tech professionals, and 27,000 employees lost their jobs in August itself. Intel Cuts 15% Of Its Total Labour Force Yesterday, in its memo, Intel announced that it…
7% GDP Growth? India’s Economy Defies All Odds
The World Bank upgraded India’s GDP growth forecast by 0.4% to 7% in FY 2025 despite ongoing external economic turbulences, war, and post-pandemic rebound effects. They further mentioned that geopolitical tensions could inflate commodity prices, and resurgent inflation will keep global interest rates high for a long time. The report mentioned, “These risks notwithstanding, medium-term…
Chandan Kumar
Microsoft’s AI Initiative To Train 2 Million Indians
In this day and age, where AI is becoming more relevant, learning basic AI skills is a must. A big announcement was made by Microsoft where it pledges to train 2 million Indians in AI skills under its ADVANTAG(I)GE INDIA initiative. The programme intends to push AI transformation in India and empower the workforce with…
India Is On The Path To Become Third-Largest Economy
On the episode of Newstrack, Forum President Borge Brende had a discussion with Microsoft Vice-Chairman and President Brad Smith about India’s efforts to become a catalyst in establishing a new global order. Borge Brende mentioned that India will become the world’s third-largest economy in just a few years. He also said that India will surpass…
UAE Emerges As Fourth Largest Investor In India, FY23
In a significant development for India’s economy, the United Arab Emirates (UAE) has emerged as the fourth largest investor in the country during the fiscal year 2023. This remarkable feat not only underscores the strengthening of bilateral relations between the two nations but also highlights the growing confidence of foreign investors in India’s business landscape….