Before liberalisation, most Indian businesses functioned with contacts based on licences, government connections and were integrally related to the bureaucratic system. Market competition was relatively less. The government aimed at import substitution to attain economic development. The era was not...
The Indian cement industry is the second largest cement producer in the world after China with a production capacity of nearly 420 million tonnes. It accounts for 6.9% of the world’s cement output. India’s cement production capacity is expected to reach 550 million tonnes by 2025. The industry p...
According to data from the World Bank, 400 million people remain unbanked in India despite impressive gains in recent years. Most unbanked are poor and female; only 27% of individuals in the bottom quintiles and 37% of women have access to a bank account.India has the highest number of bank branches...
Gour Hari Gayen (77) has been farming his 1.2 acres of land near the East Calcutta Wetlands for about 40 years now. He informed BE, “The main problem I have been facing lately is the scorching heat and the inadequate rainfall, which are affecting the crops.”He added, “We have to irrigate...
Integration of space infrastructure into the larger telecommunication industry, which is globally worth $5 trillion annually, has enabled the creation of a large value chain for space telecommunication services. Comparatively, the size of the entire space economy, including all government budgets an...
If you want a clean and comfortable stay, which will be light on your pocket, budget hotels are the best option for you. A budget hotel is the category of hotel that provides rooms and meals at relatively cheap rates. These hotels also offer facilities like daily room service, telephone, television,...
In India, the sports sector is going through a small but significant transformation. Several sports are coming out of the shadow of cricket, creating a dedicated base of followers and getting the traction needed to attracted business investors.According to a comprehensive report on sports spon...
Department of Agriculture Research & Education (DARE) and the Department of Animal Husbandry, Dairying & Fisheries (DAHD&F) under the Ministry of Agriculture have signed MoUs/agreements with a few other countries, taking the number of partnerships with other countries to be 63Indian Prim...