ECONOMICA

Day 3 was a whirlwind of hustle, hassles and emotion. The final day of Arthotsav began with an informative session on Equity Investment by Yogesh Mody (Vice President, Axis Securities). Yogesh Sir was up and about, admiring the lush green campus grounds and even helping set up his own presentation minutes before his session. The session was extremely informative and brought to light many trends in the current markets for shares and derivative instruments. Mr. Mody also shared his own experiences - the new, prosperous India that is a far cry from the one he grew up in, the transformation in vocabulary from 'lakhpati' to 'crorepati', and ended on an optimistic note about India's future as an economy. Yogesh Mody, VP, Axis Securities Next up was the Mega Event, Chaired . Our participating colleges showed up in full force, with Hulk and Wolverine bringing in strong voting contingents to support equally strong campaigners. The judging panel comprising Econom...

Economica checking in with the report of Day 2! As Day 2 dawned on us, our volunteers were preparing with great fervor, for the first event of the day, one that was unique to Arthotsav this year. Presenting to you – ‘The Rightful Heir’. The head of this event, Anuja Tilak came up with a couple of ingenious ideas to introduce the event to the participants and the audience.  This event revolved around a combination of the popular board games Monopoly and Acquire, put against the backdrop of the glory of the hit TV show Game of Thrones.  To introduce the event with flair, the volunteers all walked in holding the flags you can see in the picture. Walking in an alignment, to the tune of the theme song of the TV show, they added a lot of spice to the morning. As the minutes went by and the playing mat got prettier with colours, the excitement among the participants rose, in anticipation of the final winner. The day quickly progressed to the second event – The Reign of E...

February 2018 has officially become lit people; Arthotsav 2018 has begun!   The 7th edition of the economics festival of Ruparel started on 15th February while being inaugurated by Dr. Niranjan Rajadhyaksha , the executive editor of Mint Business daily. It was a proud moment for both, D r. Rajadhyaksha and our college as well, when we learnt that the very first edition of Arthotsav was inaugurated by his own mentor. The ribbon was cut, and thus began our fest with Mr. Rajadhyaksha's enlightening - and interactive  - session on the pan-planet phenomenon that is Bitcoin. He talked about the beginning and the future of the Bitcoin and what it might mean for the currency we use, how a person in the US paid nearly (for what it is worth today) 150 million dollars (USD) of converted Bitcoin for two pizzas and in the ways the Bitcoin trade proposes challenges for the traditional methods of transactions. The lecture witnessed an audience in large numbers, eager to learn and ready wit...

I’m going to be very honest with you. I’ve been sitting on this blog post for a few days now. I’ve tried to explore it from different angles. I wrote a couple of drafts, and then backspaced the hell out of them because I wasn’t satisfied. I do this thing where I edit my thoughts before I let them out of my head and into the world where they get shaped into words and categories. This is what that process has brought me to, and I believe this is the best way I can frame this particular collection of thoughts. I think you’ll see why, by the end of this post. I had a phase about a year and a half back, where I was into YouTube. Not as in watching a dozen videos everyday and ultimately ending up on some obscure part of the website, looking at animated pandas dancing to an unfortunately catchy song. I still do that. However, I meant, actually doing YouTube. I set up a channel with a couple of friends and we dived head-on into it. A disclaimer at the outset: we’re HUGE nerds. We’re comic...

‘Theatre as an art is dying .People don’t come to theatres to watch a play and the amount of audience is decreasing.’ This is been the most concerning question since ages. I took 2 years to analyse this on my level and the problems that people tried to point out were actually the consequences or effects of the problems . The problems were more of economical in nature than being artistic. A theatre cost is a fixed cost i.e., it won’t get affected due to audience count, but it becomes slabbed after a point. Theatres in India charge according to the ticket rates and not on the number of tickets. The rent for a play with a highest ticket rate of ₹300 is three times more than that of a play with a ticket rate of ₹200. So the theatre shares deemed profit but don’t share actual loss. Finally, what made theatres to charge so high? The reason is the basic concept of economics. Lesser the demand, higher the price. The cost of maintaining a theatre is very high - the cost of el...