India is a fascinating country with the highest diversity in ethnicity, religious views, lifestyles and economic class. India can be called the spice of the world. America on the other hand is the superpower that is reining the world largely in economical, political areas. Since the recent recession that has badly hit the United States, the world is looking towards Asia as the upcoming greener pastures.   Today the US has some of the best Indian brains serving for it. Indian Nobel laureate Dr. Amartya Sen, an economist and Professor of Economics at Harvard University is one of them. Mint Blog has chosen to compare   the two on a huge range of dimensions that can be broadly classified into the economic, people, environment, military, and offbeat categories. Here I shall discuss the economic [...]

The after effects of the recession epidemic are showing up one by one now. You might have rejoiced over the news that the recession was fading but the Labor Statistics Report saying that unemployment has hit an all time high within the last six years this August is sure to dampen your soaring spirits. To add to that the unemployment perks have become chargeable now. Here’s a CNN report on that. Now, instead of issuing unemployment checks, many states are issuing prepaid debit cards to the unemployed. They want to save up on the printing and shipping costs involved with the unemployment checks. If you are unemployed you will be issued a prepaid debit card which you can use for availing your unemployment. The Labor Department reports that this is being adopted by 31 states. These cards may [...]

When was it last that you laughed to your heart’s content? Was it five months, two months, or two weeks? Though the fading recession seems to be giving us good reasons to laugh again, the past phase has made us almost psychotic with depression.  Stressful economy can depress you very much. Many of my friends have put on weight and if you go by the American Psychological Association poll you might find it hard to believe but 80 % of the people have suffered depression or failed mental health. Failed mental health as you know leads to a lot of physical complaints also. I second clinical Psychologist, Deborah Serani’s opinion on this. According to this New York mental health practitioner “When our financial bedrock is shaken, not only do the numbers dwindle lower, but so, too, does our [...]

The Obama Government reminds of the good ol’ Santa Claus who doesn’t seem to tire coming up with innovative gifts for us. After Cash for Clunkers, the government seems to have come up with a new goodie in its energy efficiency motives that allow you to exchange your ‘old and nagging’ domestic appliances like washing machine and the air conditioner for new energy efficient ones at a rebate. Now doesn’t this look somewhat similar to the cash for clunkers project? It looks as though the government is all set to dispose off junk from your houses and garages and abound them with new smart energy efficient utilities that will not only save you a lot of money on expenditure of resources but also keep the environment happy. Be geared up for some action from the state Departments of Energy [...]