Inflation is set to be higher in the UK

The International Monetary Fund and the Organisation for Economic Co-operation and Development, which has 38 member countries said the  World is going towards the worst recession and the UK growth would be only 0.5 per cent in 2023, the future gloomy growth forecast. The Economic Central Bank forum that the UK economy is The UK’s…

Pilgrimage of Penance  for the Canadian Indigenous by Pope France

Pope Francis (85) landed in Canada for a pastoral visit and a historic apology for school abuses in Canada. Pope Francis apologized to the Indigenous people of Canada for the role of the Catholic Church in the Canadian Indian residential system. Pope Francis will visit a former residential school in Edmonton today, where he is…

India’s first tribal President sworn-in

India’s 15th President, 64-year-old Droupadi Murmu is sworn in on Monday. In her acceptance speech, Murmu said “ The country’s deprived, poor, Dalits and tribals can see their reflection in her”  which, she added, is a matter of big satisfaction for her. She also paid tributes to India’s freedom fighters and said the country will…

Max Verstappen wins French Grand Prix

Charles Leclerc of Ferrari, crashed out of the French Grand Prix after an error handed the race to Max Verstappen who pitted for fresh tyres with a colossal 63-point championship lead. In 12 races. With 10 races to go, 25 points for a victory, a seven-point difference between first and second place, and Ferrari has…

England,South Africa ODI series drawn 1-1

24 Jul 2022 Third Royal London, One-Day International Series at Clean Slate, Headingly, Leeds England Vs South Africa South Africa 159-2 off 27.4ov de Kock 92  not out, off 76, 13 fours, Van der Dussen 26 off 38, 4 fours, Willey 1-19, Rashid 1-46. England did not bat South Africa won the toss and decided…

England level the series 1-1

22 Jul 2022, One Day International Series at Emirates Old Trafford, Manchester England vs South Africa England 201 ao off 28.1ov, Bairstow 28 off 27, 3 fours, Livingstone 38 off 26, 1 four, 3 sixes, S Curran 35 off 18, 2 fours, 3 sixes,  Wiley 21 off 22, 1 four, 1 six, D Pretorius 4-36,…

Limits of reasoning and power of groupthink

  Britain voted to leave the EU, in 2016, according to a YouGov poll last month 54 per cent of UK adults think Brexit has gone badly, and only 16 per cent think it is going well. David McRaney, a science journalist, self-delusion expert, psychology nerd, and one of our greatest thinkers on reasoning, used…

The success of Private Equity

Private equity was once an investment niche, but today the wealth controlled by its leading firms surpasses the GDP of some nations.  Private equity has overtaken investment banking- and well-known names like Goldman Sachs and Morgan Stanley as the premier destination for ambitious financial talent, as well as the investment dollars of some of the…