Mobile food services market to grow at 6 pc CAGR

A report by global markets analyst firm Future Market Insights says that the business of food trucks is set to grow at a healthy compounded annual growth rate of 6 pc around the world for the next decade. The FMI report says that food trucks have been an integral part of many vib...

Breakthrough agenda at COP27 to accelerate decarbonisation

Governments of representing over half of global GDP have reached agreement on a 12-month action plan to help make clean technologies cheaper and more accessible everywhere. They launched a package of 25 new collaborative actions to be delivered by COP28 to speed up the decarbonis...

Budget 2022: Blind to today’s challenges, Modi government promises Amrit Kaal in distant future

Despite the din of gushing praises showered by the numerous pro-government media as well as practically every single industrialist and business lobby that jumped as if on a cue as soon as Union finance minister Nirmala Sitharaman presented the union budget for 2022-23, a few soun...

Indian economy: Pandemic recovery long way off

On August 31, the Union finance ministry tweeted a self-congratulatory message saying its prediction of a V-shaped, or very rapid, recovery in the Indian economy had come true as the Gross Domestic Product in the first quarter, ending on June 30, 2021, spiked by 20.1 pc over the ...

Time for Indian government to rein in its aggressive tax officials

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...

There is nothing to celebrate on this World Tourism Day 2020: Jurgen Bailom, CEO Jalesh Cruises

As we are celebrating world tourism day, how seriously is the tourism industry in India threatened by the pandemic and do you see a meaningful revival in foreseeable future? On the occasion of World Tourism Day 2020, the travel and tourism industry knows that there is nothing to ...

No silver lining on economy’s dark clouds

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.

Idle idol makers of Delhi

August is normally the busiest time for idol makers in India as the festival season is just around the corner. Idol makers would be busy giving final touches to their Ganesha or even Durga idols around this time. But this year their livelihood is in peril due to Covid19 pandemic,...

‘Travel.Enjoy.Respect’ campaign launched by UNWTO

India reports higher GDP despite downbeat speculations

Economists are bewildered as India reports a growth of 7 pc in annual gross domestic product (GDP) during the last quarter of 2016, despite a major cash crackdown.

Assam to host the first Namami Brahmaputra Festival

Assam is all set to host Namami Brahmaputra, a mega international festival which will promote economy, tourism, culture, skill industry and trade and commerce.

Union Budget 2017: India on the path of remonetisation

After the Indian government has started wheeling the remonetisation mechanism enduringly, banks and ATMs are witnessing a flow of currency. However, the authorities are urge the citizens to go cashless and it was reflected on the budget this year, which was centralised at spendin...