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Showing posts from December, 2020

Price hike in oil prices: why and how

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The fuel Price in India hit the record high three figures for the first time in the history of India. On Wednesday the retail price of regular petrol hiked by 26 paise in Rajasthan’s Sri Ganganagar and reached Rs. 100.13. While the Diesel rested at Rs. 92.13 after a hike of 27 paise. The fuel prices in India vary from state to state, City to City. It is determined after implementing state and central government taxes. So why are the prices rising like never before?  After effects of the infamous Pandemic:  Due to the then on-going Pandemic, the demand of Crude Oil (pre refined petroleum) showed a significant drop in April 2020. Which then turned to a collapse in prices of crude oil.           After Pandemic, Saudi Arabia a key oil producing country voluntarily cut its supply by about one million barrels to 8.125 million barrels of crude oil to boost the prices hence to cover the loss due to Pandemic. Resulting in Price of Crude Oil hiked by about 50%. Compared to $40/Barrel
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What exactly is Communism

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 Now Communism if simply put, is social, political and economic ideology leading to a movement whose main aim is to establish a communist society where the means of production are owned communally and there is no place for private ownership. According to communists, there exists two classes in society and this is the sole reason for all conflict. These two classes are proletariat, the working class which forms the majority of the population and the bourgeoise which forms very little of the population but enjoys a lavish life earning from the work of the proletariat. The communists hence put in place a social revolution where the private ownership of properties is replaced with social ownership, this forms the basis for communism. Communism as a term originated from Victor d’Hupay’s idea of living in communes where all property will be shared and all may benefit from everybody’s work. Modern Communist ideology began to develop during the French Revolution with the “Communist
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Hinduism and Pride

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6th sept 2018.That was the day on which  Consensual sexual conduct between two adults of same sex was decriminalized in the world's largest democracy (India). But why was it criminalized to begin with, you might ask. Surely, it must be due to the "backward mindset" of Indians who seemto be homophobic as a society? Negative. It was criminalized under the BRITISH COLONIAL RULE. Due to the Section 377 of the British colonial Constitution. Gay sex is still a crime in Afghanistan, Pakistan, Bangladesh, Sri Lanka, Singapore, Malaysia, Brunei,Myanmar, Kuwait, Oman, Kenya, Nigeria, Gambia, Uganda, Zambia,Mauritius, Iran, Yemen, Qatar, Saudi Arabia, Somalia. Sudan, UAE, Papua New Guinea etc. The long list of countries is why I laugh when I read an article by a British person on how India is backwards with respect to homosexuality. Some of the countries I mentioned above do indeed have their own issues with accepting homosexuality. Some of them even had lawsin place to criminalise
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The Prowess of Indian farmers?

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Over a month farmers from Punjab, Haryana and Uttar Pradesh are continuing to block key highways on the outskirts of New Delhi as they demand a total repeal of the farming Bill which seeks to deregulate crop pricing.   The farmers worry that the three laws, designed to deregulate the agricultural sector, do not include a Minimum Support Price (MSP), a minimum price guaranteed by the government at which farmers can sell their crops. Without this safety net, farmers fear they will have to participate in contract farming with private corporations, where these companies determine what the farmer grows and the price they sell at.   While Prime Minister Narendra Modi argues that these laws will modernise the agricultural sector, farmers will have more autonomy, as they can set their own price's and sell directly to private businesses, farmers insist that without a guarantee of an MSP, opening the market to contract farming and mass privatisation will pave the way for exploitation.   Who
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The farmers protests: Everything you need to know

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If you have not been living under a rock, you may have heard of the ongoing protests in the country’s capital or fair to say well-nigh the capital of our country since the protestors have not been able to actually enter the city and protest even though it is a peaceful one. Now this issue has been sidelined by the mainstream media of our country but as citizens of this country we can’t ignore the cries of our farmers as these are the ones who provide us with the food on our table. Our objective during the writing of this blog was to try to show everyone the reality of this situation while getting rid of the air of conspiracy theories and bogus related to these protests floating around different social medias and not surprisingly, our mainstream media without much proof and evidence about most of their claims.   These protests are basically against the three new agriculture bills passed in the parliament this year. Particularly, the Farmers Produce Trade and Commerce (Promot
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Price hike in oil prices: why and how

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Image
The fuel Price in India hit the record high three figures for the first time in the history of India. On Wednesday the retail price of regular petrol hiked by 26 paise in Rajasthan’s Sri Ganganagar and reached Rs. 100.13. While the Diesel rested at Rs. 92.13 after a hike of 27 paise. The fuel prices in India vary from state to state, City to City. It is determined after implementing state and central government taxes. So why are the prices rising like never before?  After effects of the infamous Pandemic:  Due to the then on-going Pandemic, the demand of Crude Oil (pre refined petroleum) showed a significant drop in April 2020. Which then turned to a collapse in prices of crude oil.           After Pandemic, Saudi Arabia a key oil producing country voluntarily cut its supply by about one million barrels to 8.125 million barrels of crude oil to boost the prices hence to cover the loss due to Pandemic. Resulting in Price of Crude Oil hiked by about 50%. Compared to $40/Barrel
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The farmers protests: Everything you need to know

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Image
If you have not been living under a rock, you may have heard of the ongoing protests in the country’s capital or fair to say well-nigh the capital of our country since the protestors have not been able to actually enter the city and protest even though it is a peaceful one. Now this issue has been sidelined by the mainstream media of our country but as citizens of this country we can’t ignore the cries of our farmers as these are the ones who provide us with the food on our table. Our objective during the writing of this blog was to try to show everyone the reality of this situation while getting rid of the air of conspiracy theories and bogus related to these protests floating around different social medias and not surprisingly, our mainstream media without much proof and evidence about most of their claims.   These protests are basically against the three new agriculture bills passed in the parliament this year. Particularly, the Farmers Produce Trade and Commerce (Promot
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The Dragon's Way

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After the border tensions between India and China. "Boycott China" emotions have started trending again. India is now importing almost 80 billion dollar worth of goods from China which is 17% of it's total imports. The influx of chinese products began in 1992 when globalisation began in India and now it has a stronghold in many sectors of Indian industries. One of the most impacted sector from chinese imports is electronics especially smartphones and mobile parts. India imports most of it's pharmaceutical supplies from China which can prove to be a big problem in the future if Indo-China tensions intensify. China is now world's second largest economy and India will have difficulty in boycotting it's goods. But it is not impossible to boycott China. We need to know the root cause of how chinese communist party wants to dominate the world and what dirty tactics are used by them for achieving this economically, politically. The border disputes which China are doi
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Budget 2021 : Sitharaman's Timid Approch

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Finance Minister Nirmala  Sitharaman presented The Budget in Parliament, which happens to be the NDA government's first after covid pandemic hit India and the ninth one under Modi government. For Nirmala Sitharaman, this is the third budget as she debuted in 2019, springing a change by replacing a decades old leather briefcase with " Bahi-khata". As this years budget is paperless, Bahi khata  has been replaced by a Made in India tab.  PM Modi said ahead of the joint session of Parliament on Friday, 2020 was a year of four to five mini budgets as the finance ministry announced several stimulus packages throughout the year to cushion the blow of the pandemic. Union Budget 2021 will be an extension of those, PM Modi said. Prime Minister Narendra Modi, defense minister Rajnath Singh, home minister Amit Shah and other BJP leaders praised the Budget for being holistic in approach. Though it does not have an announcement of tax exemption, there are several announcements which wi
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