The 180 Pulse
With thought-provoking articles covering varied domains, 180DC SRCC aims to create student leaders through a holistic learning experience.
Read to take a deep dive into looking at world issues from the eyes of a consultant.
BUSINESS AND FINANCE
The Rise of the Mathematical Millionaires on Wall Street
As financial instruments advance to become wider, advanced and far more complex than ever before, the need for experts who can manage the quantitative as well as qualitative aspects of finance is rising. Wall Street is starting to bet on mathematical specialists for paving the way forward. Understanding financial instruments and building models around dynamic pricing due to the high volatility from the recent economic downturns is what industries are looking for in their potential recruits.
Check out Khushal Madan’s article as he delves deeper into the industry of financial engineering.
The Rise of Online Betting in India: A Digital Gold Rush
In the digital age, online betting is booming in India, with the market projected to reach $1.97 billion in 2024. This explosive growth, rooted in historical practices, is happening amidst a legal gray area with no clear national laws. As millions bet from their homes, the lack of regulation fuels a vast illegal network, impacting tax revenues and fostering underground economies. The societal implications are profound, with rising concerns over addiction, corruption, and cultural opposition. India stands at a crossroads, facing urgent questions about how to manage this burgeoning industry while addressing its deep-seated challenges. Check out Manvay Rawat’s article as he discusses the betting industry in India.
Wealth Tech Consulting: The Future of Financial Advisory
Fueled by fintech’s rise, wealth tech consulting is a rapidly growing field. These consultants act as a bridge, guiding traditional financial institutions to adopt cutting-edge tech like robo-advisors and AI. This not only enhances client experiences but also streamlines operations, keeping firms competitive. Wealth tech consultants are architects of the future, shaping how finance leverages technology to reshape wealth management. Check out Harish Kumar’s detailed exploration of the wealth-tech consulting and its promising future.
SCIENCE AND TECHNOLOGY
Generative AI in the Workplace
Generative AI is expected to enhance the world economy by $4.4 trillion annually, according to McKinsey. However, ascent creates duality. Over the next ten years, Goldman Sachs predicts a 1.5% increase in productivity and a 7% increase in the GDP. On the other hand, by 2030 the ILO expects 12 million employment shifts, mostly in food, office, production, and customer service roles. the pattern? adaptation via upgrading one’s skills. Resounding effects of a revolutionary workplace are Accenture, Axios, and Gartner. However, moral conundrums, data privacy, and profound weaknesses in fakes loom, necessitating strict governance systems.”
Read more to find out Shreyansh Krishna’s take on the future of Gen AI in the workplace.
Use of Data Analytics in Sports
In a world where victory is often decided by the narrowest of margins, data has emerged as the ultimate weapon in the arsenal of athletes, coaches, and teams alike.
From tracking player movements to analyzing opponent tendencies, sports analytics is transforming the way the game is played and understood.
In this comprehensive article, we delve into the fascinating realm of sports analytics, exploring its impact on everything from player performance to team strategy.
Discover how data is being used to gain a competitive edge, and learn about the cutting-edge technologies that are shaping the future of sports.
In Pursuit of Truth
The Truth Serum Uncovered.
Our latest article delves into the controversial world of narcoanalysis or narco testing. Learn about the origins of this method, how it works to uncover information from subjects, the legal issues surrounding its use, and some high-profile cases where it was employed. For those interested in psychology, forensics or true crime, this piece provides a comprehensive overview of how “truth serum” has been used in investigations.
Go and check our Gautam Arora’s article “In Pursuit of Truth: Understanding the Intricacies of Narco Testing” through the link in our bio.
ECONOMIC AND PUBLIC POLICY
When Oil Burns, Gold Glitters: How the Israel-Iran Conflict is Shaping Global Gold Markets
Gold has always been a timeless asset, shining brightest when the world is in turmoil. In a world where political tensions rise, currencies falter and borders blur, gold stands as a steadfast emblem of stability. Its domination is visible across the globe- even amidst escalating tensions between Israel and Iran, gold’s appeal has only strengthened while countries like India, Russia, and China increase their gold reserves, preparing to challenge the dollar’s dominance. With geopolitical instability on the rise, from the Middle East to Eastern Europe, the question gleaming brighter than ever is: can gold hold its crown as the ultimate financial haven?
Check out Angel Gupta’s article as she breaks down how gold is shaping global financial strategies and what it implies for the future of currency and investments.
Has a decade of Make-in-India failed?
The audacious promise of ‘Make in India’ aimed to lead India into an industrial renaissance and rebirth it as a global manufacturing hub. Despite attracting record levels of FDI and transforming the industrial fabric, the policy faces tough challenges in its pursuit of glory. As India dreams of becoming the cradle of the world’s modern industry, the next decade will determine whether ‘Make in India’ truly roars or fades into a missed opportunity. The world is watching. The stakes couldn’t be higher.
Check out Parv Jain’s article as he breaks down and analyses this revolutionary policy.
The Gig Economy: A Disruption or a Revolution?
The gig economy is transforming the labor landscape with its emphasis on short-term contracts and freelance work. This insightful article traces the evolution of gig work, from its historical roots to its current digital incarnation through platforms like Uber. It examines the benefits of flexibility and independence, alongside the challenges of job security and worker protections. This analysis provides a comprehensive look at how the gig economy is reshaping both the workforce and the broader economic environment.
Check out Shereen Bindroo’s detailed exploration of the gig economy and its far-reaching implications.
PSYCHOLOGY & HISTORY
The Art of Negotiation: Applying Psychological Principles for Success
This piece offers specific advice for negotiation success by delving into psychological concepts. It stresses the importance of empathy and active listening for establishing genuine connections and gaining insights. Cognitive biases like the anchoring effect are explored, along with strategies for maximizing the impact of recommendations. The pre-negotiation stage, including refining BATNA and conducting thorough research, is thoroughly covered. Trust-building, emotion regulation, and creative problem-solving techniques are discussed for managing high-stakes transactions or personal disputes, enhancing negotiation skills, and redefining success on personal terms, fostering confidence and composure in negotiations.
The psychology behind decision making: How humans think?
Coffee or Tea? Burgers or Pizzas? People spend a large part of their day making decisions. An average human makes around 35,000 decisions in a day and it takes around 7 seconds to make a decision. The process of decision-making is very complex. It begins with extensive thinking about a particular topic, developing a perspective about it and applying logic, reason and intuition to make a decision. While logic and intuitions may seem to be polar opposites, a rational person will inculcate both these factors to make a sound decision. However, people often end up making bad decisions due to incomplete and improper information, lack of thinking and being overwhelmed by emotions and intuitions. While making important decisions, a person must be calm and composed which succors in making sound judgement. Uncover the surprising insights by reading this article now!
Stature, Snobbery and Satisfaction- Unveiling The Veblen Effect
The Veblen Effect, coined by economist Thorstein Veblen, delves into the phenomenon where consumers gravitate towards costlier goods, associating higher prices with enhanced quality and social status. Rooted in conspicuous consumption, this behavior was initially observed in the upper class but has permeated all socioeconomic levels. The price-quality heuristic, a mental shortcut, reinforces this tendency, contributing to overpricing and irrational purchases.
This article by Sharanya Tulsyan remarkably navigates these dynamics and traps that consumers fall prey to while making purchase decisions. This economic anomaly is further explored through examples of social experiments, like the FRAGO Italia perfume launch and the Chivas Regal 18 whisky experiment, which underscore the widespread influence of the Veblen Effect.
Read on as Sharanya Tulsyan uncovers this twisted psychology in her article – Stature, Snobbery and Satisfaction- Unveiling The Veblen Effect.