Business

Indian economy: Pandemic recovery long way off

Indian economy: Pandemic recovery long way off

September 8, 2021

On August 31, the Union finance ministry tweeted a self-congratulatory message saying its prediction of a V-shaped, or very rapid, recovery in the Indian economy had come true as the Gross Domestic Product in the first quarter, ending on June 30, 2021, spiked by 20.1 pc over the ...

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Edtech firms ride pandemic waves to dominate Indian education market

Edtech firms ride pandemic waves to dominate India...

September 4, 2021

One of the first successful edtech companies, the non-profit Khan Academy, was launched by an Indian-origin American, Sal Khan. The organisation’s videos have been viewed almost two billion times and later inspired many more edtech startups to come into the market, even winning...

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National Monetisation Pipeline: Backdoor privatisation

National Monetisation Pipeline: Backdoor privatisa...

August 27, 2021

Unveiling the NMP on Monday, Indian finance minister Nirmala Sitharaman was at pains to say that the monetisation plan was not akin to privatisation but “it aims to unlock value in brownfield projects by engaging the private sector, transferring to them revenue rights and not o...

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Small businesses move online in a desperate bid to survive

Small businesses move online in a desperate bid to...

August 16, 2021

When the Covid-19 pandemic hit India last year, the country’s economy was enormously impacted. There was a massive drop in Gross Domestic Product (GDP) of 24.4 pc from April to June 2020, making this year the worst in India’s history in terms of economic contraction, with inc...

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Weak governance continues to haunt Indian boardrooms

Weak governance continues to haunt Indian boardroo...

August 8, 2021

Earlier this week, Gautam Thapar, head of Avantha Group, a paper, power and real estate conglomerate, was arrested by the Enforcement Directorate on charges of money laundering. Thapar was arrested following an alleged property transaction where Thapar’s firm ‘gifted’ INR 3...

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Internet of Behaviour: A boon or a breach of privacy?

Internet of Behaviour: A boon or a breach of priva...

July 19, 2021

In 2021, the ease of internet connectivity is something many can take for granted. Most daily tasks and actions that once required a series of actions or human interaction are now simplified and just a couple of clicks away, especially tasks such as food delivery, cinema or show ...

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4 years of GST: Anything but a Good, Simple Tax

4 years of GST: Anything but a Good, Simple Tax

July 10, 2021

When the Narendra Modi government rushed with the implementation of the Goods and Services Tax (GST), within weeks of its passage in the Parliament, several economists and opposition leaders had cautioned the government against a hurried implementation, advocating that that more ...

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Workers at rough end of lockdowns: Survey

Workers at rough end of lockdowns: Survey

July 4, 2021

A recent report by Stranded Workers Action Network (SWAN) says that the second wave has hit the country’s informal sector workers much harder than the last year, even though nationwide lockdown had not been imposed, unlike in 2020. “Images of hungry and tired migrant workers ...

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CCI probe against Amazon, Flipkart: An unfair practice?

CCI probe against Amazon, Flipkart: An unfair prac...

June 23, 2021

After having dominated the rapidly growing ecommerce market in India for over five years, with a combined market share of over 90 pc in the USD 64 billion market in 2020, ecommerce giants Amazon and Walmart-owned Flipkart are facing multiple challenges that could see their market...

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Extended Covid-19 restrictions may lockdown small businesses for good

Extended Covid-19 restrictions may lockdown small ...

June 13, 2021

Deepak Chandna has been running his cloth and apparel store in New Delhi for over 30 years. His shop is not only the sole source of income for his household but also fuels the stove of the two workers he has employed. Since the onset of the pandemic and the following lockdowns hu...

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