Business

Pollution spikes as governments shift focus from ecology to economy

Pollution spikes as governments shift focus from e...

September 8, 2020

Euphoria over clean environment during lockdown is replaced with despair as pollution levels soar again & leaders look for economic recovery at all costs, especially cost of environment.

Read More
India’s GDP meltdown: Unprecedented but not unforeseen

India’s GDP meltdown: Unprecedented but not unfo...

August 31, 2020

The only shock about India’s first quarter GDP numbers is the extent to which the economy has tanked. However, it may not be enough to shake Nirmala Sitharaman out of her stupor. Finally, the cat’s out of the bag. It’s official and on record. The catastrophic drop of 23.9 p...

Read More
Outbound travel firms gasp for survival in bubbles

Outbound travel firms gasp for survival in bubbles

August 26, 2020

Over five months after international flights were suspended in view of the coronavirus pandemic, outbound travel business in India is in deep trouble in absence of any clarity over resumption of regular flights. Confusion over who can fly and to where confounds the problem furthe...

Read More
No silver lining on economy’s dark clouds

No silver lining on economy’s dark clouds

August 21, 2020

Despite various measures announced by the government, there is no sign of any revival in the Indian economy which has continued its sharp decline since March. Inflation continues to rise, job losses spread across sectors and the economy continues to contract.

Read More
RBI data on consumer confidence spells trouble for AatmaNirbhar Bharat

RBI data on consumer confidence spells trouble for...

August 8, 2020

Over a month of hyped up campaign about Aatmanirbhar Bharat has failed to boost consumer morale as latest data from the Reserve Bank of India shows.

Read More
Work from home, no panacea for the pandemic

Work from home, no panacea for the pandemic

July 28, 2020

Over the past four months, Indian government, ably assisted by several corporate leaders, has falsely been projecting work from home as the panacea for dealing with coronavirus pandemic. A very large majority of Indians cannot work from home and have been left behind.

Read More
EU-India Virtual Summit a turning point in bilateral ties

EU-India Virtual Summit a turning point in bilater...

July 16, 2020

Sunil Prasad, secretary general of the Europe India Chamber of Commerce (EICC), the apex trade body promoting Indian businesses in EU, has been a keen observer of the development of relationship between the two sides. In an interview, Prasad says that even though there was no pro...

Read More
EU-India virtual summit: Building on mutual strength

EU-India virtual summit: Building on mutual streng...

July 13, 2020

Though it may be a virtual summit, Secretary General of Europe India Chamber of Commerce Sunil Prasad says he has high expectations of some real results from EU-India virtual summit meeting scheduled for Wednesday.

Read More
Wheels of misfortune for Ola, Uber drivers

Wheels of misfortune for Ola, Uber drivers

July 9, 2020

Having remained off the roads for three months during the lockdown, drivers of cab-hailing apps say their debts are piling up while revenues stay close to zero.

Read More
Access & affordability key to coronavirus vaccine

Access & affordability key to coronavirus vac...

July 7, 2020

As various pharma giants across the world race towards developing a vaccine for coronavirus, the biggest challenge could be ensuring an equitable distribution.

Read More