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Powering India’s future: How the nation transformed its power sector

India’s power sector has undergone a significant transformation since the infamous 2012 blackout, the largest in recorded history, which left 620 million people without electricity for over 13 hours. Fast forward to 2024, and the country has not only upgraded its transmission network but also developed a sophisticated energy management system, capable of handling unprecedented […]

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Navigating the Global Quest for Critical Minerals: Insights and Opportunities

Before the 1960s, the region now known as the United Arab Emirates (UAE) had a subsistence economy centered on fishing, pearling, and nomadic herding. Communities were close-knit, relying on strong tribal ties, local teachers, and traditional healers to endure the desert’s hardships. However, this changed dramatically in the latter half of the 20th century. Today,

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Adam Smith: The architect of modern economics

Adam Smith, often referred to as the “Father of Economics,” laid the foundation for classical economics with his groundbreaking ideas on free markets and the division of labor. His seminal work, The Wealth of Nations, published in 1776, not only redefined economic thinking in his time but also continues to influence global economic policies today.

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Gita Gopinath: The trailblazer transforming global economics

A Journey Rooted in Curiosity Gita Gopinath’s story begins in the bustling streets of Kolkata, India, where she was born in 1971 into a family that valued education. Her early academic achievements hinted at the brilliance to come. With an insatiable curiosity for understanding how the world’s economies operated, she pursued her passion for economics,

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Muhammad Yunus: A legacy of empowering millions through microfinance

A Humble Beginning Muhammad Yunus, born in 1940 in Chittagong, Bangladesh, grew up with a deep sense of empathy for those living in poverty. His early life was shaped by a desire to make a difference, particularly as he saw the vast inequalities that plagued his homeland. He pursued higher education abroad, earning a PhD

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The September Effect: a closer look at stock market seasonality

The September Effect refers to a historical trend where the stock market tends to perform poorly in September. While this phenomenon is widely observed, it remains controversial, with economists debating its causes and significance. Despite being a point of curiosity, the September Effect does not have a consistent explanation, and its reliability as a predictor

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How Moody’s and S&P Evaluate Creditworthiness

Let’s break down how two of the world’s most prominent credit rating agencies, Moody’s and S&P (Standard & Poor’s), evaluate the creditworthiness of companies, governments, and financial institutions. Their role is essential because their assessments help investors understand the risks associated with lending money or investing in bonds. What is Creditworthiness? Creditworthiness refers to an

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Shifting Gears: The rise of India’s $73 billion used car market

The Indian automotive landscape is undergoing a seismic shift, with the used car market emerging as a dynamic and rapidly expanding sector. Once viewed with skepticism, pre-owned vehicles are now seen as a smart, value-driven alternative to purchasing new cars. The used car market in India is projected to reach an impressive valuation of $73

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The origins of Ferrero Rocher: A sweet journey

From Humble Beginnings to Global Fame The Ferrero brand’s journey began in 1946 when Pietro Ferrero introduced a hazelnut and cocoa spread that would become the basis for the company’s future products. Though the company had already established a strong reputation with products like Nutella and Kinder, it was Pietro’s son, Michele Ferrero, who introduced

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