What is the Dark Web? What does it do?

Have you ever heard the term ‘Dark Web’? If not, lets first understand. To reach most websites, all you need to do is to type in the addr...

Explained for kids: What is protectionism?

Suppose you can make a chocolate for 10 rs in India. Now, suppose another country can make the same chocolate for 5 rs. They agree to sel...

Explained for kids: What is GDP? What are the 3 sectors of an economy?

There is a village. The village has 3 farmers, 2 weavers, and one moneylender. In one year, the farmers grow crops worth 300 rupees. ...

How is Coronavirus testing done using the RT-PCR method? What did IIT Delhi just create?

Viruses are really, really tiny. And they are different from us. We have 2 strands of DNA. (Our genes are carried by the DNA in the form ...

What is an ordinance in India?

Normally, a law in India is made only after all the parts of the legislature have had a chance to go through it and discuss it. This is how...

What is a Class Action Suit?

What is a Class Action Suit? Some of you must have seen the movie, Erin Brokovich. In this movie, a lady realises that a gas company is...

Zooming in on Zoom.com

Zoom is a video calling tool. The company was started by Eric Yuan in 2011, and the solution was launched in 2013. You have probably at...

Discovered in the Indian Ocean: The longest animal

150-feet long gelatinous strings called Siphonophores were discovered during deep sea exploration expedition conducted by the scientists at...

What is OPEC, non OPEC, and OPEC+

OPEC has 13 countries: Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, the United Arab ...

Stock Index, Bull run, Bear Market, and Market Capitalisation

Stock Index It is a way of measuring the performance of a group of stocks e.g. Nifty 50 tracks 50 companies listed in the stock exchange. ...

Repo, Reverse Repo, and CRR

What is Repo Rate? The rate at which banks borrow money from the RBI to meet their day to day obligations. If the repo rate is low, then b...

Trade Agreements, FTA and PTA

What is a Trade Agreement? A Trade agreement is an arrangement between two or more nations agreeing on the terms of trade between them. Th...

What do banks really do, and how do they make money?

Let’s understand what a bank is, and how it makes money. Asha works in an office and saves 20% of her income every month. This income wil...

Inflation, CPI, CPFI, and other hard terms - demystified

Suppose you want to track the price of wheat for 7 years. Let’s assume that the price of wheat in 2012 was 15 rs a kilo. In 2013, it beca...

What is voter turnout?

Suppose a house has 4 people – 2 adults and 2 children under the age of 18. Only the 2 adults in this house can vote. This means that th...

What is the Budget?

Suppose you and your friends have to throw a party. You will plan how much you’d like to spend on the decorations, food, and games. Y...

What is a bug bounty program? What is Google VRP?

A Bug Bounty Program, in the IT industry, is a program that pays people to find mistakes or security loopholes in software or application. ...

Glossary - Default temperature setting

The default temperature setting in an AC means that this is the temperature at which the AC will turn on. The temperature can be increased...

What is Fleeceware?

Fleecing initially meant taking the wool off the back of a sheep. Then, it meant taking someone’s money dishonestly. Predictably, fleec...

What is a Central Bank - explained for children

Let’s say you have a piggy bank. So does your sister. Its your birthday, and you want to buy a toy. But when you open the piggy bank, it ...