As life is quite uncertain, bankruptcy can strike anyone, anytime. There have been several cases in the past when even wealthy people have declared themselves bankrupt. When you are certain that you will not be able to pay back your creditors, you can approach a court to declare your bankruptcy. So, what happens after you declare yourself bankrupt? Are your …

Trees have been humankind’s best friend, as they have provided us with shade, fruits, wood and the most important oxygen. Trees play an important role in sustaining various forms of life and they are also relevant in terms of aesthetics. Without trees, the world would cease to exist, as we know it now. The importance of trees is even more …

Most of the world currently runs on fossil fuels such as petrol, diesel and CNG (compressed natural gas). Even though electric vehicles (EVs) usage is increasing, it will take several years for them to go mainstream. Till then, fossil fuels will continue to maintain their dominance. For the common people, expenses related to their daily commutes form a significant percentage …

Businesses come and go and it’s quite difficult to predict how long they will last. This is especially true in 21st century, when technology advancements can make a business redundant in a very short span of time. Hundreds of businesses shut shop every year and hundreds of new ones are launched to take their place. This is an endless cycle …

People of every religion have something unique about their customs, rituals and beliefs. Most of these peculiarities have often been continued since several generations. It is possible that such things may have undergone changes over the years, which makes it difficult to ascertain how they started in the first place. In the Muslim community, one of the most noticeable things …

Planning a vacation or business trip? If you are, it’s always better to know as much as you can about the place you are visiting. In addition to learning the local culture and tradition and a smattering of the local language, it’s also good to be aware of the crime rate at that location. This could be very useful, as …

Air travel is one of the safest ways to travel, as fatality rate is quite low. We do see planes falling off the sky, hitting a mountain, crashing into a building and dropping into the ocean. However, such cases are rare, especially when we compare it proportionately to the total number of successful flights. As per recent data, the ratio …

While existing laws in most parts of the world do not permit polygyny (man marrying several women), it was quite commonplace in the ancient world. Even in modern times, there are several communities in the world that allow men to have more than one wife. This is quite surprising, especially considering the fact that raising even a small family is …

People borrow money from banks, financial institutions and family and friends. Businesses borrow from financial institutions and they can also raise money by selling their shares via IPO. But where do countries / nations borrow money from? Well, when it comes to nations, there are a number of options available for them. For better understanding, let’s take a look at …

Electricity has become such an inseparable part of our lives that it’s almost impossible to imagine life without it. As the supply is usually 24/7, we hardly ever care about its importance. However, at times, there are widespread power outages, covering entire cities, states and even the entire country. In these situations, millions of households are forced to live without …