Today, I want to talk about something that might seem a bit technical, but it’s actually a really important indicator of the health of our economy. I’m referring to the loan growth data from banks. You might be thinking, “Loan growth? What’s that got to do with me?” Well, imagine the economy as a big engine. Banks…
Germany, traditionally known for its economic strength, innovation, and highly efficient industries, is now in trouble. It is facing the risk of a slowdown that could have ripple effects across Europe and the global economy. Once Europe’s largest economy, it is now facing a range of challenges. It is in a political gridlock to energy…
Recently, the UK government introduced a new policy called the “grocery tax.” It has raised a lot of debates. While this tax is aimed at reducing packaging waste. It is a way to help UK achieve its net-zero goals. But it is also true that this new tax will add significant pressure on household budgets….
Let’s first understanding GDP. What Is GDP? Why is GDP numbers important for a country? Imagine you run a small chai (tea) shop. To figure out how successful you are, you keep track of the number of cups sold (volume), your earnings (turnover), and your expenses (cost of doing business). Now imagine doing this same…
Australia’s Commonwealth Bank, recently announced a controversial move to introduce a $3 fee for every cash withdrawal. This fee will be applicable for all withdrawals made at a branch, post office, or by phone. The decision has sparked widespread criticism from customers, the government, and financial experts. This development brings valuable lessons for us in…
India’s GDP growth for Q2 FY24-25 has fallen to 5.4%. It is a significant decline from the previous quarter Q1FY24-25 (6.7%). This slowdown is below expectations and raises questions about the future trajectory of the economy. In this blog post, I’ll break down why this happened and what it means for the economy. I’ll also…
Elon Musk is one of the world’s most famous innovators. I was surprised to hear his name in the middle of a legal battle against OpenAI, the company he co-founded. At first glance, this seems like a clash of big personalities, Musk versus OpenAI CEO Sam Altman. But for those of us interested in technology,…
A few recent developments in the automotive industry have raised concerns about the future of Nissan. It is one of the world’s leading car manufacturers. Reports suggest that Nissan may be on the brink of collapse. Its longtime partner, Renault, is reducing its stake in the company. This act will leave Nissan scrambling to find…
Recently, U.S. President-elect Donald Trump threatened to impose a 100% tariff on BRICS nations if they stop using the U.S. dollar in global trade. This move has stirred discussions about the global financial system and how countries like India could be affected. In this blog post, I will explain this complex issue in simple terms…
Canada’s economy is in the news for slowing down, and many are debating what the Bank of Canada (BoC) should do next. Let’s break this down into simple terms while exploring why this is happening and what lessons it offers for us in India. 1. What’s the Situation? Canada’s economy grew by just 1% in…
India’s GDP growth rate for the second quarter of 2024-25 has drawn significant attention. Clocking in at 5.4%, this is the slowest pace we’ve seen in seven quarters. To put it simply, GDP is like the report card for the country’s economy. It shows how much it has grown (or shrunk) over a specific period….
There’s one current news that’s been making waves in the UK. There is a new inheritance tax loophole that could impact wealthy Britons considering retirement abroad. The UK government’s recent Budget changes have introduced a shift in the inheritance tax (IHT) system. It’s creating significant financial opportunities for those planning to retire outside the UK….
