The aviation industry is one of the worst affected sectors because of the lockdown. Industry insiders claim that the pandemic has reversed its growth trend, which was about 11% per annum. It will take at least six to eight quarters to reach the pre-pandemic level. An executive from an international ...
The Confederation of Indian Traders (CAIT) representing around seven crore traders and 40000 trade associations, probably motivated by the Prime Minister’s ‘vocal for local’ coinage, has announced (on June 7, 2020) a national campaign to boycott Chinese products.CAIT started a drive titl...
With world merchandise trade predicted to fall in the range of 13% - 31% in 2020 and foreign direct investment (FDI) expected to fall between 30% and 40% roughly, the government’s foreign direct investment policy choices will be one of the crucial factors of economic recovery. Background ...
Joseph Stiglitz, winner of the Nobel Prize, former Chief Economist of the World Bank, and Chairman of the Council of Economic Advisers under President Bill Clinton, has raised some fundamental questions about the standard textbooks of economics which are used not only in the US but in man...
It has been more than 20 days since cyclone Amphan struck his village, Khanpukur, in the Hasnabad gram panchayat of coastal North 24 Parganas. Yet, Sanjay Gayen has to wade through waist deep water to make his way to the village community kitchen. The river embankment of the Dasha river was br...
Blended Finance is an approach being promoted by the United Nations Development Programme (UNDP) as a recovery strategy for the post-COVID phase. BE’s Ankit Singh spoke to Karanraj Chaudri, Advisor, SDG (Sustainable Development Goals) Finance, UNDP India.Q. What is blended finance and how doe...
“There’s always an opportunity with crisis. Just as it forces an individual to look inside himself, it forces a company to re-examine its policies and practices,” says Judy Smith, the American attorney, writer, and founder of a crisis management firm. The new-age Indian start-u...
Ever since the corona pandemic hit our shores, life has changed in a multitude of ways. Work From Home (WFH) is the new normal. Online is the new mantra. While companies have realised that work need not suffer with employees opting to work from home, many are also realising that their infrastr...
On April 19, 1989, the lives of five New York teenage boys changed forever. On that night, a young female jogger was brutally raped in Central Park. These five teenagers were accused of the crime by investigators. They were at the wrong place at the wrong time. In 2019, Netflix made a true cri...
The Indian economy has observed a growth in the start-up sector in the last few years. The National Association of Software and Service Companies (NASSCOM) reports that around 1300 new start-ups were established in India during 2019. Majority of start-ups (that exist globally) are technology-o...