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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...

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The Eco-Friendly Way to Build: Making Cow Dung Bricks with Biochar and Lime

Build a greener future with biochar and lime-infused cow dung bricks If you're looking for an eco-friendly and sustainable way to build, consider making cow dung bricks. Not only are they a low-cost alternative to traditional fired clay bricks, but they also use waste materials like cow dung and biochar. Biochar is a charcoal-like substance that is made by burning organic materials in the absence of oxygen. It is a byproduct of biomass pyrolysis, a process that turns plant waste into energy. Biochar is known for its high carbon content, which makes it an excellent soil amendment and a potential solution to reducing greenhouse gas emissions. To make cow dung bricks with biochar, you will need the following materials: 1)   Cow dung 2)   Biochar 3)   Lime or Chona  4)   Methi water (Water fermented with fenugreek seeds) Here's a step-by-step guide on how to make cow dung bricks using these materials: Mix the cow dung with biochar and lime in a 2...

How to Measure the Quality of Images When You Don't Have Gold Standard Images

What to do When You Don't Have Gold Standard Images to Compare Your Processed Images How to Measure the Quality of Images When You Don't Have Gold Standard Images to Compare In the realm of image analysis and processing, quantifying image quality forms a crucial cornerstone of various methodologies. This is especially true when there's a lack of gold standard images or ground truth to set the benchmark. In such scenarios, we're often left asking: how can we measure image quality objectively or subjectively? Let's delve into this topic with an emphasis on establishing robust and reliable metrics for image quality analysis. Objective Measurement of Image Quality Without Ground Truth Objective quality metrics quantify the difference between two images based on numerical methods. But, how do we assess image quality objectivel...

The Power of Reflecting back: How it can Improve Your Thought Process

Yes , my reflections on my own life ...  The adage "age is just a number" is frequently used to characterise people who have achieved much in life despite their elderly years. 🎉 I take comfort in this proverb as I approach my midlife crisis; it serves as a constant reminder that I am not limited by my chronological age. ⏳ I've spent a lot of time thinking and reflecting on how to improve my actions and routines over the course of my life. 💭 While I have had some success in this area, I estimate that 80-90% of my deliberate endeavours have failed. 😔 I've been unable to find happiness in life due to several undesirable behaviours and characteristics of my own. After giving it some thought, I've come up with a few causes for my difficulties. My inability to get things done quickly, for example, is due in large part to my lack of self-discipline and procrastination. 🤦‍♀️ The fact that I'm too chicken to explore traditional things has also stunted my developmen...