Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Will 2024 events set off a headwind or tailwind?
Mint Kolkata
|December 31, 2024
Old theories of social and economic cycles were back in discussion as politics and economics impacted each other over the past year. Expect the implications to begin unfolding in 2025
-
Another year recedes for a new one to begin, laden with our collective hopes and expectations. The end of any time cycle is a good moment for honest reviews and barebone analysis. The past 12 months have been quite momentous, etching new lines in the sand and conjuring images that inspire both awe and dread. Students of the social sciences—particularly history—will find many similarities with events from almost a century ago, renewing faith in philosopher George Santayana's famous line that those who do not remember the past are condemned to repeat it. Unsurprisingly, there is also renewed interest in social-cycle theories of sociology which posit that history and societal phases get repeated in cycles. Such theories have counterparts even in economics, which are also getting a fresh relook with the help of analytical tools.
This story is from the December 31, 2024 edition of Mint Kolkata.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Kolkata
Mint Kolkata
How EVs came to dominate 3-W market
Of the 1.1 million three-wheelers sold in India this calender year (as of 24 November), more than 687,000, or about 60%, were electric vehicles (EVs), compared with a measly 4.1% for cars and 6.2% for two-wheelers, government data showed.
2 mins
November 26, 2025
Mint Kolkata
1st privately built PSLV near lift-off
India's first privately built polar satellite launch vehicle (PSLV) is expected to have its maiden commercial flight before the end of the financial year, marking a giant leap in the country’s ambition to foster a private space economy.
1 min
November 26, 2025
Mint Kolkata
Fed chair Powell's allies provide opening for December rate cut
A divided committee, missing data and a whiff of stagflation leave Powell with hard choices
4 mins
November 26, 2025
Mint Kolkata
THE REAL TAX MATH AND LEGAL PITFALLS OF CHOOSING TO WORK AS A CONSULTANT
Many employees believe they will be financially better off working as consultants than staying on payroll, due to perceived tax savings. But how accurate is this belief, and what risks arise if an employee is reclassified as a consultant?
3 mins
November 26, 2025
Mint Kolkata
Tata Motors PV brings back Sierra to rival Creta, Vitara
Firm revives the iconic model after 22 years to push into the crowded mid-size SUV market
2 mins
November 26, 2025
Mint Kolkata
Sovereign Al takes off as countries try to avoid overdependence on superpowers
As China and the U.S. race to dominate artificial intelligence, countries are increasingly wary of becoming overly dependent on the superpowers for a technology that could profoundly affect their economic competitiveness and national security.
1 mins
November 26, 2025
Mint Kolkata
TechM lags peers but sticks to its turnaround timeline
Co. expects revenue growth to rise as macroeconomic conditions improve by March 2027
3 mins
November 26, 2025
Mint Kolkata
Wipro to enter pet foods with ‘HappyFur’
Wipro Consumer Care and Lighting, the consumer venture of Wipro Enterprises, is set to enter India’s fast-growing pet food market with a new brand, ‘HappyFur’, said three people aware of the plan.
2 mins
November 26, 2025
Mint Kolkata
PPFAS’s new fund to run like an index fund, with an edge
Fund will use futures market discounts, merger opportunities and index-rebalancing tactics
3 mins
November 26, 2025
Mint Kolkata
Al nostalgia has a new generation loving the 1980s
The baffling popularity of Al-generated 80's videos and other news this week
1 min
November 26, 2025
Listen
Translate
Change font size