Economics

  • Indian footwear industry faces steep decline in demand, forecasts muted for coming months

    Indian footwear industry faces steep decline in demand, forecasts muted for coming months

    The Indian footwear industry, once hailed for its resilience and growth, is now grappling with a harsh reality as demand takes a nosedive. Economic slowdowns, changing consumer behavior, and pandemic-induced disruptions have converged to create a perfect storm, leading to a significant slump in demand. Forecasts suggest that this downward trend is likely to persist […]

  • Why Monarchy is Better Than Democracy?

    Why Monarchy is Better Than Democracy?

    Is monarchy a superior form of government when compared to democracy? With the help of this article, we will explore the benefits of a monarchy and delve into the reasons why it can be considered better than a democracy. Contrary to popular belief, monarchy offers certain advantages that can contribute to a stable and efficient […]

  • How companies are hiding inflation without charging you more?

    How companies are hiding inflation without charging you more?

    It is not possible for companies to hide inflation without charging more, as inflation refers to the overall increase in the prices of goods and services over time. However, companies can take measures to minimize the appearance of price increases, such as reducing the size or quantity of products while keeping the price the same […]

  • Shrinkflation – the economics of stealing from customers

    Shrinkflation – the economics of stealing from customers

    Do you know that big companies have started a new mind game to sell their items? This mind game is called shrinkflation. Shrinkflation (shrinking the inflation), is a way of minimizing the effects of inflation. Unlike inflation where companies increase the cost of items; brands and manufacturers lessen the consumable items by a small margin […]

  • Why Britain left the EU? [BREXIT]

    Why Britain left the EU? [BREXIT]

    The decision of the United Kingdom (UK) to leave the European Union (EU), commonly referred to as “Brexit”, was the culmination of a long and contentious debate that lasted for several years. In June 2016, a referendum was held in which 51.9% of the electorate voted in favor of leaving the EU, while 48.1% voted […]