The present glaring issue for the economy has been to infuse funds for demand pick-up, for the agriculture sector, for NBFCs and for infrastructure spend, so as to enable the nation to be back on the growth track. The Finance Minister has endeavoured to address most of the issues with a medium to lo...
Industry ReactionsSteelAnil Kumar Chaudhary, Chairman, SAILGovernment’s plan of massive investment on infrastructure projects will definitely boost steel consumption in the country, providing a momentum to the economy leading to the generation of job opportunities. Also, the steel industry will be...
iQuippo, India's first digital marketplace for infrastructure equipment, launched its upgraded financing portal (www.iquippo.com) and became the first digital platform in the country to digitise the co-lending programmes of banks and NBFCs.IQuippo offers its customers an option to choose offers from...
INDUSTRY expectationsHealthcareDr. Alok Roy, Chairman, Medica Group of HospitalsIndia has one of the lowest spending on healthcare compared with global data. We know that India is aiming to increase healthcare spending to 2.5% of the GDP by 2025. At present, it stands at one percent only. Ther...
Any unrest has an almost immediate effect on the economy, slowing down its immediate impact areas and casting ripples along its spread. Naturally therefore, as unrest and uncertainty have increased around the world, global growth has been restrained to the lowest level in the recent past and due to ...
The Union Finance Minister Nirmala Sitharaman will be undergoing immense strain while finalising the Budget to be presented on February 1. Four major factors – falling GDP growth, weak demand, mounting inflation, and fiscal deficit overrun will be crying for attention; each ahead of the other.&nbs...
The Institute of Cost Accountants of India’s (ICAI) Global Summit 2020 was held in New Delhi recently. The summit focussed on the role of Cost and Management Accountants (CMAs) in achieving high economic growth for India. India’s high growth has been a topic for many observers, particularly, aft...
2019 proved to be a challenging year for India where its economy dimmed. There were a number of challenges like declining of GDP growth rate, consumer confidence, and economic parameters, triggering fears of economic slowdown. Several sectors such as real estate, aviation, telecom, automobile, and c...
The Bengal Chamber of Commerce and Industries (BCC&I) recently organised a dialogue session between corporate and political leaders on the current state of the Indian economy. The session aimed to get them to converge on the issue of the present economic scenario and collectively work towards re...
Company BackgroundEID Parry (EID), incorporated in 1975 is a significant player in sugar with interests in promising areas of Nutraceuticals business. Headquartered in Chennai, India, the Company is a part of the Rs. 369 Billion Murugappa Group, one of India’s leading business conglomerates. It is...
