Business
Can India feel ripples of British Supreme Court ru...
February 21, 2021
Ride hailing app Uber faces an existential challenge in the United Kingdom following a landmark order by the Supreme Court which upheld the orders of lower courts that its drivers were its employees, not independent contractors as the company calls them. The court said as the wor...
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UK court ruling on Shell good news for India
February 16, 2021
Though it is not directly connected, a ruling by the United Kingdom Supreme Court last week holding petroleum giant Royal Dutch Shell responsible for the actions of its subsidiary in Nigeria could open a pandora’s box for subsidiaries of hundreds of large multinationals who hav...
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Privatisation is not the magic pill
February 11, 2021
In her budget speech on February 1, union finance minister Nirmala Sitharaman outlined the government’s ambitious plans for privatisation, both in the current year as well as a government policy. She said that the government will privatise all public sector enterprises, other t...
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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 &...
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
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 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 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
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 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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