Understanding what is overheating of economy?
An overheated economy is expanding at an unsustainable rate. It represents a situation where the total demand for goods and services in an economy outpaces significantly the supply. Overheating exhibits…
Understanding the Theory of Tragedy of the Commons
It is foundational in economics that resources are limited and therefore they must be used judiciously. Common resources are inevitably those not owned by anyone but exhibit a scarce character,…
Explained: What is a Free Rider Problem?
Who is a Free Rider? A free rider is a person who takes advantage of a public good without paying or expending effort for it. He contributes none towards the…
Discovery of Large Deposits of Natural Gas & Oil Can Save The Sinking Ship Of Pakistan’s Economy
Pakistan has been grappling with the economic crisis for a while now, facing hunger, unemployment, high inflation, climate change, and mounting debt. In a recent twist of events, Pakistan has…
How to Trade Cryptocurrency
Top Cryptocurrency Pairs versus the Dollar The cryptocurrency market has evolved dramatically since Bitcoin’s inception in 2009. Pairing them against the US Dollar (USD) remains the most popular among the…
Kenya Crisis: President Ruto Scraps Tax Hike Bill Amid Massive Anti-Tax Protests
On July 2nd, riot police deployed tear gas grenades and charged at stone-throwing demonstrators in downtown Nairobi and various other locations across Kenya, marking the most extensive unrest since the…
Ind-RA expects the GDP growth rate to be 6.7% in Q4, around 7% in FY24
India Ratings and Research sees India’s GDP growth rate for the March quarter to come at 6.7 percent and around 6.9-7 percent for the fiscal year 2023-24, said principal economist…
UN revises upward economic growth outlook for India to nearly 7 pc for 2024
The United Nations has revised the growth outlook for India for 2024 and expects the economy to expand by nearly 7 percent. The World Economic Situation and Prospects (WESP) report…
Coal Input In Power Generation Dipped Below 50 pc For The First Time Since 1966: Report
For the first time in the last 58 years, or since 1966, the input of coal in total power capacity dropped below 50 percent. At the same time, renewable energy…
FMCG Industry Growth Up by 6.5% in Q1CY24; Rural Demand Exceeds Urban: NielsenIQ
January-March 2024 added buoyancy to the Indian FMCG industry, registering a 6.5 percent growth in volume terms at the pan-Indian level, per consumer intelligence firm NielsenIQ. The reported quarter saw…