The Eastern Union region is being conceptualised as the future alliance of Indo-Pacific nations that will bring integrity to the region. The Indo-Pacific region is strategically significant as 60% of the global maritime trade is done through this region. The idea of the Eastern Union is to create th...
A consistent demand for energy is pushing the oil needs in India. In 2019, the country’s oil demand grew by 2.6% to reach 211.6 million tonne (MT). India is largely dependent on crude oil imports - around 83% - and the figure is likely to rise. The International Energy Agency (IEA) recently inform...
The furniture industry can only flourish with a booming real estate industry as a pre-condition. Furniture is the first need to make a property ready for living. But according to the latest data of the second quarter of the current fiscal, housing sales have dipped over 9%. This is expected to hit b...
The State Bank of India (SBI) has recently turned down the interest rates on car and home loans to 7.90% from 8.15% for loans up to `30 lakh. For similar loans of `30 lakh to `75 lakh, the interest rate is now 8.20% as compared to 8.45% previously and for loans in the same category of above `75 lakh...
Biswa Bangla is a five-year-old brand that is aimed to promote West Bengal’s handicraft and handloom sector. It is currently operated by the Department of MSME and Textile, Government of West Bengal.The brand has nine showrooms across India. Six of them including their airport outlet are in Kolkat...
Tourism has been the most important source of income and employment for the northern valley of Kashmir. The agricultural sector ranks second as far as income generation is concerned.The current critical political situation is severely limiting the scope of tourism-driven earnings in Jammu and Kashmi...
The global economy has taken to the gig economy in a big way. Almost a no-strings-attached affair, gig economies are gaining popularity as they benefit both employers and the employed. Employers don’t need to worry about providing steady, year-round salaries. They can employ workers on an assignme...
Thermal power production has a high pollution quotient. In addition to lead, leather and chemical industries, conventional power production companies are the major sources of air, soil, and water pollution. The residual matter of power production is responsible for long term environmental contaminat...
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...
This December is historic for the Oil and Natural Gas Corporation (ONGC). A long due exploration is expected to start. This exploration field - located in the Bay of Bengal off the Godavari coast - has been termed the KG-DWN 98/2.Pallab Bhattacharya, Chief, Corporate Communication, ONGC, told BE, â€...