The outbreak of pandemic Covid-19 all over the world has disturbed the political, social, economic, religious and financial structures of the whole world. World’s topmost economies such as the US, China, UK, Germany, France, Italy, Japan and many others are at the verge of collapse. Besides, Stock Markets around the world have been pounded and oil prices have fallen off a cliff. In just a week 3.3 million Americans applied for unemployment and a week later another 6.6 million people started searching for jobs. Also, many experts on economic and financial matters have warned about the worsening condition of global economic and financial structure. Such as Kristalina Georgieva, Managing Director of International Monitory Fund (IMF), explained that “a recession at least as bad as during the Global Financial Crisis or worse”. Moreover, Covid-19 is harming the global economy because the world has been experiencing the most difficult economic situation since World War-II.  When it comes ...

The coronavirus has pushed schools all over the world to go online as new waves of infections keep emerging. In India, a country where the gaps in access to education and the Internet were already vast, poor families are struggling to stay the course. Shirin Riyaz Shah, 15, attends a small private school in Mumbai. There’s one smart-phone between her and her four siblings over which they sit through Zoom lessons and submit homework via WhatsApp. Their schedules don’t blend neatly and there’s a constant tussle over the phone. Data is especially precious because money, always tight, is now in even shorter supply as the pandemic stretches her family’s single income. Her father is a tailor and for now, movement restrictions mean he’s mostly home. When that changes so will the children’s access to his phone. And digital classrooms make the process of learning harder. “In class we can raise our hands over and over again and it isn’t a problem,” said Shah by phone. “We can ask teachers to pau...

Though India lags far behind China in several fields, the communist country is getting wary of India's gains in foreign direct investment (FDI), technology and manufacturing. India's closer military ties with the U.S. is another major concern of China. China has realised that India holds great potential and if it is able to tap it effectively, India could emerge as a major threat to China. Below are a few reasons why China is scared of India: Foreign direct investment On Monday, President Xi Jinping vowed to open up China like never before. China faces dwindling foreign exchange reserves when India is agressively pushing itself as a destination for foreign investment. Premier Li Keqiang has annnounced that foreign firms would be treated the same as domestic firms when it comes to licences applications, standard setting, government procurement and would enjoy same preferential policies under Made in  China 2025 initiative. China is scared it might lose FDI race to India. In 2015...