Economy

Tax is often a burden for most of us and we always think about ways to reduce the amount of tax charged on our income. We also have a tendency of complaining about the high tax rate. However, based on where you live, it is possible that people in other countries may be paying a much higher tax rate. To …

It’s obvious that United States is the wealthiest nation in the world, accounting for nearly 30% of the overall global wealth. In monetary terms, that percentage is equivalent to almost USD 106 trillion. Of course, China has its eyes set on becoming a world leader, but it still has a long way to go. China shares around 18% of global …

If we look at per capita oil production, it becomes clear why countries like Kuwait, UAE, and Saudi Arabia are so rich. However, as is common knowledge, the world is transitioning to an all-electric ecosystem. While the previous century was predominantly oil-based, the 21st century will see exponential growth in electric ecosystem. To support this ecosystem, the world will need …

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 …

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 …

In the Sunday Times Rich List for wealthiest sportsmen under 30 in UK, soccer players have dominated the scene. Among the top 10 richest sportsmen under 30 in UK, seven are soccer players. It goes on to show the popularity of soccer in the country and where all the money is flowing to. However, the top two people in the …

The uplifting news is that there are some deductively demonstrated exercises which when done continually, can help us in our journey for bliss. In the wake of looking through a significant number of these recommendations which are bolstered by studies and investigations, I need to impart the accompanying 8 ways to increase happiness. Practice Mindfulness Mindfulness living is about living …