Business

India falls further behind China in poverty-eradication

India 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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Not just Germany, EU will also badly miss Merkel

Not just Germany, EU will also badly miss Merkel

March 27, 2021

Come September and a huge vacuum risks to dominate the political landscape of Germany as well as the European Union as Chancellor Angela Merkel steps down after 16 years of steering the German and EU ships, often out of troubled waters. Merkel was not just the head of the governm...

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French arms sales rise fastest in 2016-2020: SIPRI global arms trade report

French arms sales rise fastest in 2016-2020: SIPRI...

March 16, 2021

The coronavirus pandemic that has brought the global economy to its knees does not seem to have impacted the defence industries and global arms trade says a report by Stockholm-based research body Stockholm International Peace Research Institute (SIPRI) that tracks the arms indus...

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Gautam Adani zooms ahead in Bloomberg Billionaires Index

Gautam Adani zooms ahead in Bloomberg Billionaires...

March 14, 2021

For over a decade, Ahmedabad-based businessman Gautam Adani lived in the shadow of fellow Gujarati entrepreneur Mukesh Ambani whose Reliance Industries raced ahead to become the largest private company in the country, propelling Ambani to the select list of one of the richest per...

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Farm talks at WTO continue to undermine Indian farmers

Farm talks at WTO continue to undermine Indian far...

March 9, 2021

On March 10, the agricultural negotiations committee of the World Trade Organisation will undertake yet another round of discussion on numerous contentious issues that have been lined up for discussions by the Geneva-based trade regulator. These talks are significant for several ...

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Hurun Global Rich List & LSE: Inequality shoots up in pandemic

Hurun Global Rich List & LSE: Inequality shoo...

March 3, 2021

The year 2020 was disastrous for the global economy as the GDP in practically every country collapsed by record numbers mainly due to the lockdowns that were imposed across the globe. Close to 500 million jobs may have been lost and hundreds of millions pushed into poverty. Howev...

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Can India feel ripples of British Supreme Court ruling on Uber

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

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

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

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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