Business

GDP growth data hides deep potholes on road to recovery

GDP growth data hides deep potholes on road to rec...

December 1, 2021

The growth in Indian economy in the second quarter of the current year was more or less as per expectation of analysts. With 8.4 pc growth in the quarter ending September 30, added to the 20.1 pc growth registered in first quarter of the fiscal year, Indian Gross Domestic Product...

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Paytm collapse may cool IPO fever in India

Paytm collapse may cool IPO fever in India

November 23, 2021

Paytm’s founder and CEO Vijay Shekhar Sharma does not believe in doing things small or moderate. Though he had founded the firm in 2010 for mobile recharges, Sharma and Paytm hit pay dirt only in 2016 when Prime Minister Narendra Modi abolished high value currency notes in a di...

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New pathways needed to conclude EU-India FTA negotiations

New pathways needed to conclude EU-India FTA negot...

November 12, 2021

It was way back in 2007 that the European Union and India opened negotiations for a free trade agreement between the two regions as part of the Strategic Partnership between the two sides signed in 2004. Now, over 14 years later, the agreement is still nowhere in sight, even thou...

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5 years since demonetisation, cash rules India more than ever

5 years since demonetisation, cash rules India mor...

November 5, 2021

At around 8 pm in the evening of November 8, 2016, when Prime Minister Narendra Modi announced immediate abolishing of high-value currency notes, referred to as demonetisation in India, he outlined several goals that he had set for himself and his government as part of this drama...

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World Thrift Day: Global savings surge in pandemic

World Thrift Day: Global savings surge in pandemic

October 30, 2021

The United States, the country that invented credit cards and is famous for practically everyone living off credit and out-of-pocket, has seen a record jump in its personal savings rate during the pandemic, which raced ahead to 13.7 pc in 2020 from 7.6 pc in the preceding year. N...

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High energy prices could derail COP26

High energy prices could derail COP26

October 29, 2021

A report by the United Nations Environment Programme, UNEP, released barely a week before the opening of COP26, the global climate change summit in Glasgow that begins tomorrow, says that the commitments made so far by different countries to cut carbon emissions by 2030 are far s...

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Atmanirbhar Bharat & ballooning trade deficit with China

Atmanirbhar Bharat & ballooning trade deficit...

October 20, 2021

India’s overall trade deficit in merchandise trade in the first six months of the current fiscal, from April 1 to September 30, 2021, jumped sharply to USD 78.81 billion, up from USD 25.7 billion last year, a hike of 207 pc, though the deficit stood marginally lower than USD 88...

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156% rise in downloads of Indian health and fitness apps

156% rise in downloads of Indian health and fitnes...

October 13, 2021

With the start of the Covid-19 induced, nationwide lockdown in March 2020, thousands of gyms and sports complexes across India were forced to shut down, some for as long as six months without relief in the worst-affected cities. Even as lockdown restrictions were slowly being lif...

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India joins global craze for NFTs

India joins global craze for NFTs

October 8, 2021

While the global attention seems to be focused on the craze for cryptocurrencies which are again back at new highs, another player is making a quieter but significant surge, riding on the back of one of cryptocurrencies. Meet NFT or Non-Fungible Token. Introduced in 2017, NFT is ...

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India’s slow but steady move to e-vehicles

India’s slow but steady move to e-vehicles

October 2, 2021

The new, tightened air quality guidelines released by the World Health Organisation on September 22 put almost all of India in the ‘polluted’ category. This has further highlighted the country’s dire pollution problem and the urgent need for a phaseout of fossil fuels and a...

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