Business

5 years since demonetisation, cash rules India more than ever

5 years since demonetisation, cash rules India mor...

November 5, 2021

At around 8 pm in the evening of November 8, 2016, when Prime Minister Narendra Modi announced immediate abolishing of high-value currency notes, referred to as demonetisation in India, he outlined several goals that he had set for himself and his government as part of this drama...

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World Thrift Day: Global savings surge in pandemic

World Thrift Day: Global savings surge in pandemic

October 30, 2021

The United States, the country that invented credit cards and is famous for practically everyone living off credit and out-of-pocket, has seen a record jump in its personal savings rate during the pandemic, which raced ahead to 13.7 pc in 2020 from 7.6 pc in the preceding year. N...

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High energy prices could derail COP26

High energy prices could derail COP26

October 29, 2021

A report by the United Nations Environment Programme, UNEP, released barely a week before the opening of COP26, the global climate change summit in Glasgow that begins tomorrow, says that the commitments made so far by different countries to cut carbon emissions by 2030 are far s...

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Atmanirbhar Bharat & ballooning trade deficit with China

Atmanirbhar Bharat & ballooning trade deficit...

October 20, 2021

India’s overall trade deficit in merchandise trade in the first six months of the current fiscal, from April 1 to September 30, 2021, jumped sharply to USD 78.81 billion, up from USD 25.7 billion last year, a hike of 207 pc, though the deficit stood marginally lower than USD 88...

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156% rise in downloads of Indian health and fitness apps

156% rise in downloads of Indian health and fitnes...

October 13, 2021

With the start of the Covid-19 induced, nationwide lockdown in March 2020, thousands of gyms and sports complexes across India were forced to shut down, some for as long as six months without relief in the worst-affected cities. Even as lockdown restrictions were slowly being lif...

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India joins global craze for NFTs

India joins global craze for NFTs

October 8, 2021

While the global attention seems to be focused on the craze for cryptocurrencies which are again back at new highs, another player is making a quieter but significant surge, riding on the back of one of cryptocurrencies. Meet NFT or Non-Fungible Token. Introduced in 2017, NFT is ...

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India’s slow but steady move to e-vehicles

India’s slow but steady move to e-vehicles

October 2, 2021

The new, tightened air quality guidelines released by the World Health Organisation on September 22 put almost all of India in the ‘polluted’ category. This has further highlighted the country’s dire pollution problem and the urgent need for a phaseout of fossil fuels and a...

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India’s blossoming billion-dollar beauty market

India’s blossoming billion-dollar beauty market

September 27, 2021

Move over fashion and beauty magazines. Tens of millions of Indian women, young and not so young, are looking at their smartphones for the latest hot tips on beauty and make-up as Indian beauty influencers such as Kaushal Beauty, Shreya Jain and Malvika Sitlani have garnered hund...

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The boom of fashion e-commerce in India

The boom of fashion e-commerce in India

September 22, 2021

In the last decade, e-commerce has transformed the business landscape worldwide, recently driven by the almost complete shift to online shopping during the Covid-19 pandemic. Although many fashion retailers, even strong, established brands such as Zara, have experienced a fall in...

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Need to regulate human invasion of Space

Need to regulate human invasion of Space

September 14, 2021

For long, it was the purview of the government to decide who would get to the space. But no longer so. Now, almost anyone who can afford to pay for it seems to be getting a ticket. For instance, in the matter of a few weeks, after Richard Branson and Jeff Bezos, another billionai...

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