Business

Budget 2021: Devil in details

Budget 2021: Devil in details

February 3, 2021

For weeks, it had been touted as the most crucial budget that an Indian finance minister has had to place before the Parliament in several decades, if not since the independence of the country. After all, this was the first budget that the government has presented since the full-...

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Budget 2021: Focus on demand boost, inequalities & jobs

Budget 2021: Focus on demand boost, inequalities &...

January 31, 2021

Rare are the occasions when an Indian finance minister would pay heed to a report by a charity about what she needs to do in order to set the country’s malaise right. But on February 1, when union finance minister Nirmala Sitharaman steps up to present the union budget for 2021...

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EU-China investment deal clouds ties with US

EU-China investment deal clouds ties with US

January 28, 2021

On December 30 last year, after seven years of protracted and sometimes difficult negotiations, the European Union and China agreed in principle on a landmark investment treaty that Brussels insists will resolve longstanding problems faced by European companies in the country. Th...

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Ballooning Indian stock markets’ rising disconnect with reality

Ballooning Indian stock markets’ rising disconne...

January 25, 2021

Right from the days of the first Big Bull, Harshad Mehta, in early 1990s, there have been several bull-runs in the Indian stock markets. But few can come anywhere near the one that seems to have gripped the Indian stock exchanges ever since April last year. On March 23, 2020, the...

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A problematic homecoming: Malayalee exodus from the Gulf

A problematic homecoming: Malayalee exodus from th...

January 21, 2021

Around 870,000 expats from Kerala came back to their homeland in 2020, according to data published by the Non-Resident Keralites Affairs (NORKA) department, with 567,000 citing job loss as the reason for their unwitting homecoming. A large majority of the jobs lost were blamed on...

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A Signal to exit WhatsApp

A Signal to exit WhatsApp

January 16, 2021

Late on Friday, WhatsApp, world’s leading messaging app, announced that it was delaying the implementation of its new privacy policy which would have led to sharing of comprehensive user profile and sensitive data with Facebook, its parent. Users now have till May 15 to accept ...

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Brexit done, time to put UK-India ties on new footing

Brexit done, time to put UK-India ties on new foot...

January 11, 2021

At the stroke of the midnight on December 31, 2020, the United Kingdom left the EU single market and the Customs Union after 47 years of membership of the European Union. While this was a cause of celebration for some, it was a sombre moment for many others not only in the UK but...

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Reliance interest in farming & food paramount

Reliance interest in farming & food paramount

January 6, 2021

In the eye of the unprecedented storm over the new farm laws rammed through Parliament by the government in September, Mukesh Ambani’s Reliance Industries has tried to take inspiration from Mahabharata’s Yudhishthir in a statement as well as the petition its subsidiary Relian...

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Gift retailers Archies, Fern N Petals hit hard by pandemic

Gift retailers Archies, Fern N Petals hit hard by ...

December 30, 2020

Greeting cards were an expression of love and passion, primarily among the teenagers and the youth. Archies was the torchbearer of exchanging hushed greetings between lovers in India. In 1987, Archies inaugurated its first concept store in Kamla Nagar, Delhi and pumped by popular...

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Time for Indian government to rein in its aggressive tax officials

Time for Indian government to rein in its aggressi...

December 26, 2020

On Wednesday, Permanent Court of Arbitration based in the Netherlands awarded USD 1.2 billion plus costs and interest in damages to the British energy company Cairn Energy Plc in a tax dispute with the Indian government over retrospective application of tax. The case dates back t...

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