BLOOMING INSIGHTS

  Imagine a situation where you wake up one fine morning to realize that only you have absolute control over the information you possess. Also, you have the full discretion to choose among whom such information be shared. Sounds cool, doesn't it? In an age where information travels faster than ever and people have become global advocates of free speech; a new form of journalism has evolved. It is called ‘Citizen Journalism’. Anyone with a smartphone and an internet connection can now influence public opinion. So, what was touted to be the jobs of trained and intellectual journalists has now slowly permeated into the hands of common citizens- me and you! Be it any personal experience or any incident that has happened in your vicinity; the world is ready to listen in just one click. While this introduction may form a positive and optimistic opinion; we aim to unrav...

The 2024 Presidential Election in the United States returned Donald Trump to power. And this occurrence is significant for us Indians since SBI has predicted that the Indian rupee will depreciate by 8 to 10% as a result of Trump's victory. During his first tenure, the Indian rupee depreciated by almost 11%. This article discusses practically every facet of the Indian currency's depreciation as a result of the 2024 US Presidential Election. Let’s begin with a little “wait what?” moment. Does this look like an alarming thing? Well, Depreciation of Currency is not always an alarming situation. Let us dive into this very complex yet interesting thing. What is Currency Depreciation? Currency Depreciation occurs when a currency loses its value against another foreign currency. In other terms, if buying a foreign good becomes more expensive than before, it indicates currency depreciation. For example, if you used to pay Rs. 80 for a 1 USD goods and now had to pay Rs. 88, it ...