The Global Hunger Index (GHI) 2018 ranks India at the 103rd position out of 119 countries despite having plenty of food grains. The situation remains grim due to dwindling purchasing power and a lack of distributive justice. Any death due to hunger and famine should be identified as a shame for the ...
FaceApp, which is an image-enhancing mobile application, has taken the Indian social media by storm. News feeds across social networks are being flooded with well-designed ‘old age’ images of individuals using that particular image filter in FaceApp. The app has been around since 2017 and ...
Kolkata-based public sector banks (PSBs), namely, the United Bank of India (UBI), the Allahabad Bank and the UCO Bank are improving their performance. UBI has started to earn profit from the fourth quarter of FY 19. In the first quarter of the present FY, UBI and Allahabad Bank have earned profits. ...
Srei Infrastructure Finance Limited (Srei), one of Indiaʼs largest holistic infrastructure institutions, has reported a consolidated profit after tax (PAT) of `42.67 crore during the quarter ended June 30, 2019. The standalone PAT stood at ` 2.86 crore during the first three months of this financia...
Spices have been an integral part of India’s external trade for centuries, linking the ancient Indian civilisation to the civilisations of Babylon, Carthage, Alexandria, and Rome. Buying spices is so inexpensive now that it seems hard to believe that once they were valued as highly as gold a...
According to a report of India Brand Equity Foundation (IBEF), India is the third largest industrial user of silver in the world, after the US and Japan. India annually consumes around 4,000 tonnes of silver. India is today a dynamic retail destination and silver business is flourishing with the gro...
Dear Readers,Economy: Oil prices are low. Investment is almost negligible. Unemployment is highest in 45 years. The economy needs to be pumped up as every sector from automobile to agriculture is seeing a slowdown. Rural distress has been a concern. B. K. Goenka, President - ASSOCHAM, urged the gove...
The automobile sector in India has been in the doldrums as passenger vehicles sales plummeted by almost 30% on a year-on-year basis in July 2019 alone. Industry giants have been facing huge inventory pile-ups and job losses in the midst of a severe slowdown in the industry.According to the Federatio...
In recent years, the total sales of e-retailers have increased manifold. With the introduction of Reliance Jio, these e-retailers have been able to penetrate into rural markets as well.This massive digital penetration has posed some problems for the local handmade footwear industry. With the digital...
“The line between order and disorder lies in logistics” – is how Sun Tzu, the Chinese military strategist and philosopher defined the place of logistics in a nation’s growth drive. Sun Tsu’s basic proposition probably related to military strategy but since the logistic industry involves th...