JSBF Report and Arthaniti Writing Workshop

In collaboration with the Centre for Writing Studies (CWS), JSBF Report and Arthaniti conducted an engaging writing workshop. The session covered essential academic writing skills, including thesis development and argument structuring, equipping students with critical tools for effective research and communication.

ARTICLE REWIND

Life's chessboard presents its challenges: every decision, whether in economics, business or personal success requires strategy and adaptability to shape the outcome. In recent months, students from JGU and JSBF have explored instances where progress and achievement encounter significant obstacles.

Turbulent Times: South Africa's Economic Struggles” by Harshada Banubakode

The article examines South Africa's economic stagnation, driven by historical apartheid legacies, high unemployment, and income inequality. Utilizing insights from the IMF and South African government reports, it highlights key structural challenges, including governance issues, infrastructure deficits, and a narrow industrial base. The article also explores potential solutions, emphasizing targeted reforms, education investments, and economic diversification to foster sustainable growth.

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“Hong Kong's National Security Bill and its Potential Impact on Business” by Harshada Banubakode

The article explores the impact of China's National Security Law on Hong Kong, highlighting its implications for autonomy, global standing, and economic stability. It examines the law's effects on multinational corporations, declining investor confidence, and geopolitical tensions, emphasizing Hong Kong's transition from a financial hub to a politically constrained region.

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“Checkmating Winnings: The Tax Gambit on Gukesh’s Chess Triumph” by Mahiraa Wadhawan

The article examines the taxation of prize money in India, using chess Grandmaster Gukesh's case to explore global tax regimes, equity, and talent development. Highlighting disparities in taxation policies, it debates fairness, double taxation, and reforms like exemptions or reinvestments, emphasizing the need for balanced policies to nurture emerging talent.

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“Impact of Unrest in Bangladesh on India” by Harshada Banubakode

This article highlights the escalating unrest in Bangladesh, initially sparked by anti-quota protests, which has led to widespread violence and disrupted governance. The reinstated job quota system has intensified public dissatisfaction, posing significant security risks for India, including illegal immigration and terrorism. Trade disruptions, particularly in Bangladesh’s garment industry, underline vulnerabilities in supply chains.

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IN THE NEWS

1. Government Subsidies on Food and Fertilisers in Budget 2025-26 -
   The Union Budget 2025-26 has allocated ₹3.71 lakh crore for food and fertilizer subsidies, marking a 0.70% increase from the current fiscal year. Food subsidy has been set at ₹2,03,420 crore, which is higher than the ₹1,97,420 crore revised estimate for 2024-25 but lower than the ₹2.11 lakh crore spent in 2023-24. Meanwhile, fertilizer subsidy has been allocated ₹1.67 lakh crore, down from the ₹1.71 lakh crore revised estimate for 2024-25 and ₹1.88 lakh crore in 2023-24. The marginal increase in overall subsidies reflects the government's effort to balance fiscal spending while ensuring essential support for food security and agriculture. Read more here!
2. Labour Ministry Signs MoU with FoundIt to Boost Job Opportunities -
   The Labour Ministry signed a Memorandum of Understanding (MoU) with FoundIt, a leading job portal, to add 10 lakh more job opportunities annually on the National Career Service (NCS) portal. The agreement, signed in the presence of Union Labour & Employment Minister Mansukh Mandaviya, aims to enhance both domestic and international employment opportunities for jobseekers registered on the NCS portal. Additionally, the NCS portal has been integrated with the e-migrate platform, onboarding 500+ active recruitment agencies registered with the Ministry of External Affairs to further expand employment prospects. Read more here!
3. RBI Introduces Exclusive Internet Domains for Financial Entities -
   The Reserve Bank of India (RBI) is set to introduce exclusive internet domains for financial sector participants, including banking and non-banking entities, to enhance cybersecurity and prevent phishing attacks. Under this initiative, Indian banks will use the ‘.bank.in’ domain, while non-banking entities will operate under ‘.fin.in’. Registrations will begin in April 2025. The RBI stated that this move aims to reduce cybersecurity risks, prevent malicious activities, and strengthen trust in digital banking and payment services. Read more here! 
4. Gold Prices Skyrocket as Investors Apprehend a Trade War -
   Gold prices in India have reached record highs as investors turn to the metal as a safe haven amidst global trade tensions, particularly due to the trade war between the U.S. and China. President Trump's aggressive trade policies, including a proposed 25% tariff on steel and aluminum imports, have heightened fears of a broader trade war impacting global markets and weakening the Indian rupee against the dollar. The price of 24-carat gold rose to Rs 8,537 per gram, with April gold futures reaching Rs 85,384 per 10 grams on the Multi Commodity Exchange. Read more here!
5. Aero India 2025: Asia’s Largest Aerospace Expo Begins in Bengaluru, Puts India on World Stage -
   Aero India 2025, Asia's largest aerospace and defense exhibition, has commenced at Yelahanka Air Force Station in Bengaluru, Karnataka. Themed 'The Runway to a Billion Opportunities,' the event spans over 42,000 square meters and features over 900 exhibitors, including 150 foreign firms. Defense Minister Rajnath Singh highlighted the participation from over 90 countries, emphasizing the expo's role in showcasing India's growing global presence in aerospace and defense capabilities. Read more here!