The Indian tea industry has been facing several challenges. However, these challenges would have been bigger, if the government did not pull out of the Regional Comprehensive Economic Partnership (RCEP).The challenges in the Indian tea industry are numerous. Compared to global producers like Sri Lan...
The Micro, Small and Medium Enterprises (MSME) are the most important stakeholders of the Indian economy. According to the Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation (MOSPI), the share of MSME gross value added (GVA) in total GVA during the 2016-17 fiscal wa...
The 19th Madras Management Association (MMA) – Amalgamations Business Leadership Award was conferred on Azim Premji, Chairman, Wipro Limited, in recognition of his ability to build a business with impeccable integrity and uncompromising ethics. Premji has been successful in transforming Wipro into...
Company BackgroundIndian Railway Catering and Tourism Corporation Ltd. (IRCTC) is a wholly-owned subsidiary of Indian Railways, Government of India. It is a Mini Ratna (Category-I Central Public Sector Enterprise), incorporated in 1999 as an extended arm of the Indian Railways with the objective to ...
Indian Finance Minister (FM) Nirmala Sitharaman announced the government’s decision to divest five public sector companies by March, 2020. The state-run airline, Air India and oil refiner and marketer Bharat Petroleum Corporation Limited (BPCL) are among the five shortlisted companies. The privati...
There is an Act known as the Fiscal Responsibility and Budget Management (FRBM) Act, 2003, which delineates responsibilities of the central government to ensure proper fiscal management and long-term macro-economic stability. This is by achieving sufficient revenue surplus and removing fiscal impedi...
The distribution of wealth has seen the highest disparity all over the world during the last few decades.According to the Azim Premji University Centre for Sustainable Development’s ‘State of Working India-2019’ report, more than 57% of India’s regular wage earners have been earning less tha...
A new chapter began in West Asia after the US troops pulled out from north-eastern Syria recently. Turkey launched a cross-border operation in the region controlled by the Syrian Kurds, putting the entire territory at risk. According to the United Nations, more than 200,000 people have been displace...