This Oscar-nominated movie sure has a lot of things to brag about; my favourite being the way they tried explaining the cause for the 2008 fiscal year recession in the most comical way without major deviations. As a student from a non-financial background or any kind of knowledge on that front, I had a hard time trying to make sense of the events that happened over 2 hours, quite short to explain the major series of events tbh. So here’s all the information I gathered today over the movie.

The movie starts with the description of the banking sector as…


General Motors is an American MNC which designs, manufactures and markets automobiles for over a century now. It is currently head by Mary Barra with plants all over the world.

With the whole sustainability issue with fuels, we are all moving towards automated electrical vehicles already in place by brands like Tesla. GM too aims to follow the same trend and thus required heavy restructuring of its plants and models to allocate more resources to R&D for electrical vehicles.

They thus decided to shut down 5 plants earlier this month at Detroit, Maryland and Canada consisting of 3 vehicle assembly…


Chanda Kochhar, a Padma Bhushan recipient, has recently faced allegations of misconduct and corruption. She is said to have been involved in sanctioning of loan of 3250 crores to Videocon group whose MD is close to her husband, Deepak Kochhar.

Chanda hails from Rajastan. She pursued BA and then did cost accounting and masters in managements at Bajaj institute where she topped her batch. She joined ICICI ( Industrial Credit and Investment Corporation of India) as a management trainee in 1984 and worked her way up to GM by 1999.

ICICI started off only for commercial sector but ventured into…


Carlos Ghosn is one of the most respected leaders in the automobile industry. He is the first person to lead 2 fortune 500 companies and ran an alliance which consisted of Renault, Nissan and Mitsubishi which was the biggest manufacturer of automobiles around the world.

Carlos started his career at Michelin, a French tiremaker company where he was quickly made the COO, CEO and finally chairman for his tremendous work. …


For the first time ever, reservation based on the economic status on central and educational government jobs and private higher education institutions has been legislated. This constitutional amendment bill was introduced in the last session of Parliament which has made people believe it is the master stroke by Modi before the Lok Sabha elections scheduled for this May substantiating their tagline ‘Sabka Sath Sabka Vikas’ which translates to collective efforts, inclusive growth.

Reservation was introduced decades ago to curb socio-cultural discrimination and has been dragged on for even more decades which is not entirely necessary for the world we live…


An engineering graduate is always surrounded by friends who are moving to the US to pursue their masters during his/her final year. Some really interested in their domain; others just for the fun of it. It is, however, a huge investment which bore less probability of profits until this new change.

A student is allowed to enter the US using an F1 visa which should gradually move to H1B visa when he works. The H1B visa is for the skilled to work in the US temporarily, for 6 years. …


‘Dummies’ is just a famous tagline with the whole line of books but otherwise yes I was looking for an article named the same as above as I closely relate to it. I never found one though so here I am, writing one.

We all know that when inflation happens, general prices increase which basically means that the purchasing power of the money we have has declined. India has managed to keep the rate below 2% for the past decade and we'll see how below.

Measuring inflation is done by checking the cost of a set of products named the…


This was a news story that shook the entire nation. Urjit Patel served as the RBI governor for 2 years from 2016–2018 and resigned as a mark of protest against the increasing tensions between finance ministry and RBI.

Handpicked by BJP itself, its surprising that he resigned in just two years, the shortest ever. The opinions they had varied on the following topics: liquidity, credit flow and controls governing weak banks.

Rumours are that the Government wanted money to help fund fiscal deficit which is when the total expenditure exceeds revenue. However, RBI refused to this, preserving their long-term financial…

Gomathy Viswanathan

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