Risk is real while risk management is a vague term. The uncertainty of the future events generally eats the return on investment. Understanding the risk and uncertainty is the only solution.
The speculation of the Indo-China military conflict is on the rise since the standoff (May 05) between the Indian and Chinese Army at Pangong Tso Lake, Ladakh, due to the border dispute. Both countries had deployed relatively small units of Army opposite each other in the disputed region. The escalation of this situation into an Indo-China war cannot be ruled out, due to the history of India-China conflicts. The US President Donald Trump has recently tweeted that the US is ready to mediate between India-China to resolve the situation, arose due to border disputes. The border between China and India is not properly marked due to the Himalayan region. Both countries claims and counterclaims on territories occupied by each other, as their own, which causes border disputes.
COVID-19 crisis has brought many flaws in our system and society at the center stage. The current economic and administrative system proved incapable of handling the economic and health crisis simultaneously. It also reminded us that even after the struggle of centuries for social development, we are far from achieving the objective. The COVID-19 has... Continue Reading →
n general terms, Economics is defined as the study of how individuals, businesses, governments, and nations make choices on allocating resources to satisfy their wants and needs, trying to determine how these groups should organize and coordinate efforts to achieve maximum output. It is a social science concerned with the production, distribution, and consumption of goods and services.
It is primary to understand the meaning of retirement before planning because planning depends upon understanding the meaning. On searching retirement on google, you would get millions of search results spread over hundreds of pages. The first result would be the meaning of retirement. The literal meaning of retirement is ‘the action or fact of leaving... Continue Reading →