Indian stainless steel industry seeks for lowering import duties on key raw materials The Indian stainless steel industry has urged the central government to slash the existing import duties on key raw materials in the upcoming Union Budget 2021-22. In its recommendations to the Ministry of Fin...
The Union government ordered a few weeks ago that 100% of food grains would be packed in jute sacks. But this is not a new thing. Under the Jute Packaging Materials (Compulsory Use in Packing Commodities) Act, 1987, the government specified the commodities and the extent to which they were man...
Good news is in the air. India is celebrating the arrival of vaccines against the deadly coronavirus. However, there is another bug that may create havoc if not dealt with by the judicial machinery. Yes, it is the digital loan ‘microbe’. Five suicides within a span of seven days in Te...
On January 7 this year, thousands of farmers on nearly 3500 tractors and trolleys carried out a tractor-march against three agricultural laws. Leaders of different farmers unions stated that the protest march was just a rehearsal for their proposed January 26 tractor parade that will move into...
Angus Deaton, Nobel-winning economist, in his 2013 book, ‘The Great Escape: Health, Wealth and the Origins of Inequality’, wrote that the cholera epidemic in London in the mid-nineteenth century and the Spanish flu pandemic after the first World War made people and governments all over the...
India Inc. has been facing an unprecedented economic slowdown and high unemployment rates since the last few fiscals. The Covid pandemic has threatened the economic system. In January 2021, when the country is on the threshold of a new fiscal, citizens are expecting adequate budgetary allocati...
The Indian economy has been badly hit by the Covid-19 pandemic. The Indian power sector is no exception. BE spoke to Somesh Dasgupta, Whole Time Director-India Power Corporation Limited (IPCL), regarding the sector’s outlook for the 2021 fiscal.Q) Electricity consumption contracted during 20...
The current fiscal has been tough for the Indian economy. The pandemic and the subsequent lockdown have hit the economy hard and most sectors are yet to recover fully. Real estate, tourism and hospitality sectors have been heavily affected. According to industry insiders, there are some green ...
Micro, small, and medium enterprises (MSME) is known to be of immense importance to the Indian economy in terms of employment, output and exports. But presently, the sector is vulnerable. In the lockdown period, the entire MSME sector was shattered. But with the gradual unlocking phases, many ...
In an interview with BE's Kishore Kumar Biswas, Anil Bharadwaj, Secretary General, Federation of Indian Micro and Small and Medium Enterprises (FISME), New Delhi, spoke about the prospects of the sector. He is also of the opinion that a new form of IBC is important for the sake of the MSME sec...