Ever wondered what is all that buzz around the stock market where people make and lose money? Or have you heard that stock market is like a betting game? The Voices tries to answers to all your queries regarding the stock market in the space below. Financial Markets A market is essentially a place where trade happens at a price which is reached after due bargaining. And in a financial market currency, commodities and stocks are traded. Each having a market of its own. What happens in a stock market? Suppose you are an entrepreneur and your business is thriving well…
Author: Himanshu Ojha
In the 47th G7 summit in Cornwall (U.K), US president Joe Biden put forward a global infrastructure initiative, Build Back Better World (B3W), a plan similar on the lines of the Chinese infra development plan – Belt and Road Initiative (BRI), but also as a counter to the same. The G7 consists of Canada, France, Germany, Italy, Japan, UK, and USA. India, Australia, South Korea, and South Africa were invited as guest countries for the summit this year. The Voices explains the BRI vs B3W buzz kicked off by the communique signed by above mentioned countries. The Belt and Road Initiative of China Also touted by experts as Modern-day Marshall plan, BRI,…
On 06 -May-2021, in a surprising move, the Biden administration announced its support for Trade-Related Aspects of Intellectual Property Rights (TRIPS) waiver for COVID-19 vaccines. US support to the wavier, initially proposed by India and South Africa in October 2020, was applauded as a step towards ensuring an affordable and sufficient number of vaccine for developing and least developed countries (LDC).China accompanied by 62 other countries have shown openness and willingness to the proposed reforms, voices from European Union (EU) have opposed the idea. The EU last Friday submitted a draft of an ‘alternative plan’ to ensure vaccine equity to World Trade…