Business
With BigBasket, 1mg & CureFit in the bag, Tat...
June 11, 2021
Better late than never, seems to be the message emanating from Bombay House, the headquarter of the oldest and most diversified Indian conglomerate, the House of Tatas, as it finally ventured into online grocery, one of the fastest growing segments of the Indian economy. Last wee...
Read MoreSecond wave rattles Indian aviation to bones
June 1, 2021
On Sunday, the 11,675 employees of SpiceJet, India’s second-largest domestic carrier received an email informing them that their salary structures stood modified with immediate effect and that they would be paid only on the basis of number of hours worked. The airline blamed it...
Read MoreSecond wave wipes off economic revival hopes
May 22, 2021
On April 7, after its Monetary Policy Committee meeting, the Reserve Bank of India, country’s central bank, maintained its projection for India’s GDP growth in the current fiscal at 10.5 pc, despite clear signs of the second wave of Covid-19 pandemic spreading in some parts o...
Read MoreFTA with EU, potential minefield for beleaguered I...
May 10, 2021
The latest EU-India Summit, held over internet on Saturday, had a very unique feature. While in the past the Summit has involved Indian Prime Minister, the head of European Council, the head of government of the country that holds the presidency of the EU at the moment of the sum...
Read MoreTime for India to cancel Jaitapur nuclear power pr...
May 2, 2021
On March 3, 2021, Electricité de France, EDF, the sole operator of nuclear power plants in France, informed the country’s nuclear safety body, Autorité de Sûreté Nucléaire (ASN), of a design anomaly on three nozzles of the main primary system of the European Pressurised R...
Read MoreProfiteering in pandemic panic
April 25, 2021
The gory images and heart rending stories coming from all across India over the past few weeks about the second wave of coronavirus pandemic that is sweeping across the country have perhaps done more to convince even the most sceptical Indians to start looking for Covid-19 vaccin...
Read MoreRecord high digital payments expose big gaps in ba...
April 14, 2021
On April 1, 2021, the first day of the new fiscal year, the failure rate of Immediate Payment Services (IMPS) and Unified Payments Interface (UPI) transactions shot up dramatically. While total number of transactions for the day were much lower than usual, the failure rate had sh...
Read MoreAutomobile sales slowdown as pandemic accelerates ...
April 12, 2021
Automobile dealers raise alarm over the growing strength of the second wave of coronavirus pandemic across the nation as an increasing number of states move towards partial lockdowns and numerous other restrictions. The revival of the pandemic could not have come at a worse time ...
Read MoreWorld Homeopathy Day: Under pressure elsewhere, ho...
April 10, 2021
To mark the World Homeopathy Day, Central Council for Research in Homeopathy, the regulator of India’s third most popular treatment system, will issue new guidelines governing quality of homeopathy research in the country. “These guidelines will bring the norms being followed...
Read MoreIndia falls further behind China in poverty-eradic...
April 2, 2021
The alarm had been sounded long ago, yet the data emerging from Pew Research Centre’s report on the impact of the coronavirus pandemic on global poverty is shocking for the depth of the impact and the concentration in two large economies – India and China. But between the two...
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