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Supporting Small Businesses : My Personal Strategy

Embrace Global Perspectives, Foster Local Endeavours! In the grand scheme of economic interactions, we often overlook the significant role that small local businesses play in our lives.  My personal strategy involves sourcing an astounding 90% of my purchases from these community-centric enterprises, and the logic underpinning this choice is both simple and profound. Supporting a local business directly equates to empowering a family in your community. Whether it's purchasing freshly baked bread from the local bakery or a hand-knitted scarf from a nearby boutique, these transactions fuel the livelihoods of our neighbours. The grocer, the florist, the butcher, the tailor - each of these individuals relies on their trade to sustain their lives, much like an artisan crafting exquisite pottery or a farmer cultivating bountiful produce.  Since I m living in Pinjore, we have a women's self-help group that makes local food items, sweaters, socks, etc. I prefer to buy stuff from them....

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Navigating the Rising Tide: Understanding Inflation and the Cost of Living in India's Urban Hubs

 In the bustling markets of India, the price of a simple loaf of white bread, once a mere 15-20 Rs, has doubled to 30-50 Rs in just a few years. This seemingly trivial change is a stark reminder of the escalating cost of living in India's urban centers.  If you find yourself grappling with rising expenses, here are some crucial insights to help you understand and navigate this economic landscape. 1. The Urban Price Surge: Major cities in India are becoming increasingly expensive. With limited land and an influx of capital into the country, land prices are soaring. For instance, construction costs in Goa have risen by approximately 25-30% recently. This increase directly impacts the prices of virtually everything. In the realm of traditional economics, the means of production are defined as Land, Labour, and Capital. When the cost of land escalates, it triggers a domino effect, causing a rise in rent, business costs, and more. While the prices of flats in big cities may not sky...

Why my parent stay away from stock markets

The previous generation, our parents, often shied away from investing in the stock markets. Their apprehension was not unfounded, given the financial scandals and economic crises that have rocked the investment world over the years. Here's a closer look at some of these events and their implications: 1. The 1992 Harshad Mehta Scandal: In 1992, (I was in class 12)  the Indian stock market was hit by a colossal scam orchestrated by Harshad Mehta, amounting to 4000 Crore. This scandal caused the stock market to plummet by more than 50%, shaking investor confidence to its core. Example: Imagine an investor who had put their life savings into the stock market before the crash. The value of their investment would have halved almost overnight, causing significant financial distress. In response to this scandal, the Indian government passed the Securities Laws (Amendments) Act in 1995, granting the Securities and Exchange Board of India (SEBI) the authority to regulate depositories, Foreig...

Binders that are useful for making cow dung bricks

           Discover the secret to making sustainable cow dung bricks with these good binders.                                                                                 Using binders to create bricks out of cow manure is an impossibility for obvious reasons. Cow dung or gobar, in and of itself, already possesses a binding quality. That, however, is not sufficient for the production of bricks that may be utilised in construction work that bears a load. However, in order to guarantee that these bricks will remain sturdy and long-lasting over the course of time, it is possible that a binder or various naturally occurring binding materials will be required. As a result, in this post, we will discuss the significance of b...