If you had to describe the world around you using one word, what would you say? Fast? Interconnected? Advanced? Chaotic, maybe? Anxious even? Well, anxiety has become widespread in today’s world. And it is even more visible as the awareness about mental health is increasing. Although we don’t talk about it as much, mental health disorders are responsible for a large number of deaths worldwide. According to the World Health Organisation, China is the most depressed country in the world, followed by India.
How often do we hear or say, “Oh God where did the week go?” or “What? It has been a year already”. Perhaps, all of this is not because time is moving faster but because we are. The present times are defined by speed. The age-old adage of slow and steady winning the race no longer holds true in today’s world. With a low attention span and an even lower level of patience, ours is a generation that loves speed. Society has been sped up exponentially and it is becoming harder and harder to slow down. Moments pass by in the blink of an eye and we don’t even give a thought to whether things are moving in the right direction.
Myanmar, formerly known as Burma, is a South-East Asian country bordered by India, China, Bangladesh, Thailand, and Laos. Its capital city is Naypyidaw and its largest city is Yangon, formerly known as Rangoon. The name of the country is disputed since 1989 when the military renamed it from Burma to Myanmar to reflect a new post-colonial era (inclusive of other ethnicities). However, both the words are derived from the Myamma, a name given to their ethnic majority Bamar. Internationally, countries like the US and ethnic opposition do not recognize the military as the legit authority and hence, they continue to call it Burma, whereas most of the other countries have accepted the name Myanmar.
Recently Myanmar has been in news following a coup d’état, a military take over removing the democratically elected government. Detaining the president Win Myint as well as the Nobel Peace prize winner and counselor of state Aung San Suu Kyi.
Textiles and embroidery have been a part of Indian culture for centuries. Different types of these have written references from more than 1,000 years ago. In this article, we will be focusing on Phulkari in particular. It is a folk embroidery prevalent in the state of Punjab and an intricate part of their culture both in India and Pakistan. Phulkari refers to Phul (flower) + Akari (work). For a long time, it was never intended to be fabricated for sale and was therefore used for fulfilling domestic requirements. Every embroidery was a reflection of the rural lives of women and was unique.
When one hears the word ‘khadi’, the first thing that springs up to mind is Mahatma Gandhi and the Swadeshi movement that he led. The fabric is a symbol of Indian textile heritage that embodies a worldview of the past as well as of the future. Khadi has been linked for a long time with India’s freedom struggle and politics. Although a hand-woven fabric, it has a legendary meaning and relationship to India’s freedom struggle. It has a long winding history and the evidence of its presence came from Mohenjodaro and the Indus Valley Civilization. However, Khadi came in limelight as a pure hand-woven native fabric during the Swadeshi movement led by Mahatma Gandhi.
The past two decades have witnessed the better play of credit expansion and contraction, decorating the balance sheets of Indian banks with delinquent amount of loans. Worthy to note, some banks have taken the high road of credit extension continuation and it wouldn’t be surprising to see borrowers “alive” on paper despite the waning economic productivity. Such firms who skip selling or writing off these credits acclaim the term “zombies” – practically so because they restrict and tie productive capital and workforce while preying upon newer and healthy investments.
Regulations in the labour market are so widely talked about; there is an array of perspectives and theories about how flexible a labour market should be, in order to make industries work in harmony with the growth process. High rate of growth that India experienced pre-2008 global crisis was not accompanied by the same rate of growth in employment. One reason stated was the stagnation of growth in the manufacturing sector coupled with inflexible labour markets.
Without an iota of doubt, two of the most lucrative careers in the world are investment banking and management consulting. Both of these professions are highly well-paid and professionals in both industries are amongst the top in the echelons. Both these industries demand specific skill sets from prospective candidates. Fresh graduates at the beginning of placement seasons often find themselves at crossroads: where to make a successful career? I-banking and management consulting are often in the bucket lists of college graduates. This brings us to a question? What makes investment banks different from consultancies? Why are these careers one of the most sought ones?