The pandemic has been the reason behind major economic crisis globally. Concerning unemployment, living standards etc. the pandemic has devastated the economies. A large number of people who were earlier in the middle income group, they were driven into poverty. As India and China, together consists...
COMPANY PROFILE Built in the year 1981 in Bangalore, Infosys Limited is an Indian multinational technology company that provides business consulting, information technology and outsourcing services. Infosys is the second-largest Indian Inf...
They so wished it to happen soon enough. After the dual strike of demonetisation and nationwide lockdown, they wanted price rise - both in wholesale and retail market, to be contained urgently. But exactly the opposite happened in market that resulted to untold misery of the Indian citizens.Un...
The twelfth round of the FICCI-IBA Survey was carried out for the period of July to December 2020. Total 20 banks including public sector, private sector and foreign banks participated in the said survey. According to the survey, almost a year into the pandemic, economic recovery has started t...
Even before India’s independence, leading industrialists of that era (JRD Tata, GD Birla, Lala Shri Ram, and John Mathai, etc.) declared in the ‘Bombay Plan’ of 1944 that post independence, only government investment would be encouraged to boost economic growth as well as for undertaking...
COMPANY PROFILE A leading cement manufacturer in the country, J. K. Cement Ltd., started its first commercial production in the year 1974. It is an associate of the multi-disciplinary industrial conglomerate JK Organisation, which was founded by Lala Kamlapat Singhania. The Company has ov...
Oil prices have been rising in India. It has crossed `100 in some places in Rajasthan and Madhya Pradesh. Different states levy different rates of Value Added Tax (VAT) and the central government levies excise duty and cess on petroleum products. Therefore, the prices of petrol, diesel, cookin...
The Indian government has been claiming that the economy is on a path of a ‘V’ shaped recovery. The Economic Survey 2021, prepared by the Ministry of Finance, has also claimed the same. Several indicators like collection of GST, number of issues of e-way bills, movement of GDP towards the ...
Company BackgroundFIEM industries Ltd., is one of the leading manufacturers of automotive lighting & signaling equipment and rear view mirrors in India and its major business comes from the two wheeler segment (96% in FY20) of the automotive components industry. FIEM has diversified into LED Lum...
The Economic Survey 2021 has been tabled in the Parliament. It is prepared by the Chief Economic Advisor of the Ministry of Finance. It is known that the Survey is an economic document of the finance ministry and it discusses the overall economic performance of the concerned financial year. It...