World Travel and Tourism Council in 2017, stated that the tourism industry generated around Rs. 15.24 lakhs crore ($230 billion) or 9.4% of India’s GDP and provided around 41.62 million jobs (8% of total employment). West Bengal, a state in eastern India, is quite unique and different in term...
The clash between US-based ‘corporate frenemies’ has attained a global shape, as Walmart secures a deal of Brobdingnagian proportions in India. Out on a phenomenal shopping spree, Walmart, the US $500 billion retail company, has incurred US $16 billion to purchase a majority stake in Flipkart, I...
Leaving behind the uncertainty following large scale layoffs, India’s IT sector is slowly recovering its lost ground. The National Association of Software and Solutions Companies (Nasscom) has projected a revenue growth of 7-9% for the IT and BPO industry in 2018-19 notwithstanding global uncertai...
Business leaders, investors and consumers from all sections of the community are anxiously awaiting the decision of the Monetary Policy Committee of Reserve Bank of India (RBI) which meets for three days: June 4 to June 6. The decision on the new interest rate would also indicate the fresh monetary ...
Punjab National Bank (PNB), India’s second-biggest state-run lender, stunned the country’s financial sector when it announced a fraud worth Rs. 11,400 crore ($1.8 billion) and implicated designer jeweller Nirav Modi of the Gitan-jali Group, along with Ami Modi, Nishal Modi and Mehul Choksi....
If the present government’s biggest structural reform – implementation of Goods and Services Tax – has not yet delivered to its potential; the second big reform in the form of Insolvency and Bankruptcy Code (IBC) has shown visible effect on the financial life of the economy. It has brought sig...
Cryptocurrency is a digital asset designed to work as a medium of exchange. It has been a growing matter of discussion among a section of people as there has been an opportunity of financial gain by trading it and using it as a medium of exchange around the world. National and international media ha...
Dear Readers,Most people feel that our education system has a major defect. Bryan Caplan writes in his book ‘The case against education’ why the education system is a waste of time and money. The system neither enriches lives nor increases the productivity. The current education system does not ...