Credit Cards: A Growing Trend and Financial Tool in India
In October 2023, credit card spending reached an all-time high of Rs 1.72 lakh crore. Indians have used credit cards to spend up to Rs 5 lakh crore in just the last three months alone, which is equivalent to roughly 2% of the country's GDP. Because they make it easier for people to spend money, credit cards have emerged as a crucial instrument for stimulating the economy and promoting corporate and economic growth. Credit cards have the potential to help businesses and individuals alike when utilised sensibly, which will boost the economy. This blog discusses the pros and cons of credit card usage.
Legality Of Betting and Gambling Contracts In India
Gambling is betting or wagering money or anything at the expense of a possible future outcome to win. Gambling in India traces back to the time of The Mahabharata, almost 4000 years ago; it is described as a form of playing dice or “chausar” as it was called back then. It might be possible that gambling was introduced for people to increase their knowledge, basically to increase their capacity to take risks in their lives. Eventually, gambling became a game played by everyone from rich to poor, usually by royals in their leisure time. A famous instance of gambling, which everyone knows about, is when, in the Indian legend Mahabharata, the Pandavas wagered everything they had, including their wife, while playing dice. Since then, gambling and betting have evolved with time. People bet with money. Some people even win crores, set up a business, and live peacefully. More people have started betting illegally with money, leading to corruption and money laundering. This blog describes the various types of betting and gambling and the legal aspect of it.
ARTICLE 19(1) OF THE CONSTITUTION OF INDIA: AN ANALYSIS
India had achieved independence after huge bloodshed only for the citizens of the country so that they could live happily, without any interference from outside, which is known as sovereignty. Just after three tears, on the 26th day of November 1950, India had drafted its first Constitution, with its founding fathers being Dr. B.R. Ambedkar, Sir Benegal Narsing Rao, Surendra Nath Mukherjee and others. The Constitution of India has 22 parts and 395 Articles, and Part III of the Constitution is enshrined with the Fundamental Rights, ranging from Articles 12 to 35. Article 19(1) of the Constitution of India gives the freedom of speech and expression to all the citizens of India. The Supreme Court has ruled in the case of Devendrappa (1998) that reasonable restrictions may have to be imposed in the freedom of speech and expression in the interest of maintaining discipline in public services, even though it may not have been mentioned as a ground in Article 19(2).
Child Right Governance in India and other Laws Related to it
Perhaps the most well-known definition of ‘global governance’, James Rosenau designates it as ‘organisations of rubrics at all stages of hominoid action – from the domestic to the worldwide organisation.’ Today the perception of authority has wedged the attention of researchers in fields like political science, economics, business studies, and global relations to analyse an inclusive variety of marvels such as school life, worldwide policy-making, global organisations, public health, monetary dealings, street gangs or traffic rules. Children and youth are in many circumstances obtainable as ruled by others – parents, teachers, social services, religious establishments, or out of control. For youthful scholars, though, the opposite has been basic in the influence of the field of juvenile studies over the last decades. The intervention of children and young people certainly also impact the schemes of guidelines and governance that border them. They are thus as much theme to these systems as they can be energetic and shapers of them, in many cases organised with or in equivalent to the adults adjacent them. Contempt this heading of children as being both marks and shapers of governance, though, with some exceptions, the methodical study of the governance of children and youth have established little consideration within childhood studies as well as to the examination of how child rights are assumed to form in national and multinational politics, law and society.
THE SUPACE- A FAREWELL GIFT BY CJI TO THE INDIAN JUDICIARY
A new concept of virtual hearing ARTIFICIAL INTELLIGENCE has been introduced by Hon’ble Shri S.A.Bobde recently, named as “SUPACE”. This is a complete blend of human and machine intelligence. The curiosity to know and have knowledge about a new thing automatically comes to the human mind. This blog, deals with the ARTIFICIAL INTELLIGENCE (SUPACE), it's working and uses in the Indian Judiciary.
KOMPETENZ-KOMPETENZ DOCTRINE: EXPLAINED
The Arbitration and Conciliation Act, 1996 has undergone various amendments over time. The Act demands changes overtime with developments made throughout the globe. The Act was introduced with a motive to encourage outside the court settlement and to make India a hub for International Arbitration just like Singapore and Hong Kong in Asia. The Act also aims to establish lesser court intervention which seems like a distant dream in some scenarios. Due to lack of awareness, people still opt to approach the court and the belief of people to get justice still lies with the court.