The Narendra Modi government has initiated a process to corporatise the Central Public Works Department (CPWD), its 163 year- old main construction arm. The move is expected to strengthen the performance of CPWD by decentralising its ambit of operations. BE’s Shahana Banerjee spoke to Rajendra Kum...
Srei Equipment Finance Limited, a wholly owned subsidiary of Srei Infrastructure Finance Limited, and Tata Motors have signed a Memorandum of Understanding (MoU) to finance Tata Motors commercial vehicles with a special focus on construction and mining tippers. This move will enable Srei and Tata Mo...
India’s Small and Medium Business (SMB) sector has the potential to revolutionise India’s economic growth trajectory by growing at a rate of 23% per annum. It has already outpaced the industrial sector’s growth rate. According to a KPMG report, there are around 51 million SMBs in India, of whi...
The August flood in Mumbai was a wake-up call for many categories of people- ecologists, politicians, business persons, etc. It is now clearly visible, how in the wake of natural disasters, business and the economy are affected adversely. The importance for insuring businesses has become a necessity...
The nature of household labour is such that it doesn’t directly come under contractual labour, which is influenced by monetary exchange. Yet household labour is essential for the survival of the economy. The contribution of this segment is rarely recognised in terms of GDP and its economic value i...
India signed an agreement with Bangladesh providing $4.5 billion credit line for infrastructure projects. The loan was announced during Bangladesh’s Prime Minister Sheikh Hasina’s visit to India in April and is perhaps the biggest Line of Credit (LoC) provided by India to any country. After the ...
The metal sculptures of India are famous the world over. The festive season reminds us of the immense talent of Indian sculptors whose works are imaginative, exquisitely detailed and have beautiful finish. Bimal Kundu is an eminent name in metal sculpting. He is a member of the prestigious Society f...
Come October, there are several things to rejoice, so much to look forward to. A month where the entire household reverberates with ‘Athithi Devo Bhava,’ as many friends and relatives are invited to be part of the Navaratri Golu festival celebrations.During this time, the elders and the young al...
I feel sorry for the magnificent animal that is the bull. I was at a banking mela organised by the local administration in Alwar. A bull wandered in and walked about harmlessly. Almost every stall keeper hit him. Bystanders hit him. Security guards attacked him. His only reaction was to try and dodg...
Sanjib AcharyaThe growing incidence of dengue has been reported in the last few years. The World Health Organisation reported that there had been about 390 million cases of dengue fever worldwide. Out of this, about 96 million require medical treatment. In India, the incidence of dengue doubled up f...