Richard H. Thaler

This year’s Nobel Memorial Prize in Economics Sciences was awarded to Richard H Thaler, an American economist, spreading his knowledge as a Ralph and Dorothy Keller distinguished service Professor of Behavioral Science and Economics at the Booth School of Business, University of Chicago. He was born on 12th September, 1945 In New Jersey of United…

MOUNTING CASH CRUNCH : TO DARKER TIMES!

Flopping down the trajectory, economic growth in India has been hobbled by a twin balance sheet problem: A) Overleveraged companies, B) Bad-loan-encumbered-banks. Initially, India’s cash crunch and the rising skepticism over the introduction of GST were blamed for pulling down the economic growth to a three year low. However, that is simply cloaking over a…

6th October 1995 : On This Day

Boeing, the world’s leading airplane manufacturer, was under intense pressure from airlines due to a strike on 6th October 1995, the second-longest in the company’s history. The strike had started because of some major issues that workers had to deal with, and them feeling a need for a raise in their wages. One such central…

JAYATI GHOSH

Jayati Ghosh is one of the world’s leading economists with expertise in feminist economics, development economics and international economics.She was born in 1955 and educated at Delhi University, Jawaharlal Nehru University and the University of Cambridge, England where she obtained her Ph.D. in 1983. She is professor of economics at Jawaharlal Nehru University, New Delhi,…

BLUE OCEAN STRATEGY

In the modern times, one of the most important things to succeed in a business is to survive competition and marketing. The blue ocean strategy was actually developed as a better substitute of the red strategy. According to the blue ocean strategy firms should not compete with each other because when they do this, it…