The global oil market which was already suffering from a bleak price structure since the Gulf War has reached an all-time low ‘price for oil per barrel’ - at $40.32 per barrel - as on April 20, 2020. For the first time in history, the West Texas Intermediate (WTI) benchmark went to a negat...
In 2017, the global wellness tourism segment, valued at $639 billion, had a growth rate of 6.5%, outstripping the growth rate of the aggregate global tourism sector - which was growing at 3.2% in that period. During the same period, India ranked seventh in the top 20 wellness tourism markets and ten...
“How did they manage to pull this off!” – people often exclaim while watching movies. Well, those cinematic experiences can be best attributed to special effects (SFX), visual effects (VFX), and animation. Special effects do happen in reality and are achieved on sets during shooting in a...
The contribution of the Micro, Small and Medium Enterprises (MSME) to Indian export and GDP stands at around 50% and 40%, respectively. The growth curve of the Indian economy is largely controlled by this sector. The disruption of the global supply chain as well as the national lockdown ...
In a survey done by ANAROCK Property Consultants in association with LIC Housing Finance, it was found that 68% of the respondents approved of recent policy interventions and tax concessions for the real estate sector. According toAnuj Puri, Chairman, ANAROCK, “This segment of aspiring...
Scoot to offer voucher refunds for flexible rebooking for customersScoot is offering voucher refunds for the full value of bookings made on or before 15 March 2020, fortravel up to 31 May 2020, with immediate effect. The portal will be ready soon. Customers areencouraged to only contact us regarding...
Apex industry association ASSOCHAM has suggested certain critical measures to mitigate the impact of Covid-19 on the Indian economy. Dr. Niranjan Hiranandani, President, ASSOCHAM, said, “The time to take action is right now. We need the implementation of these measures on a war footing ...
Tata Motors delivers India’s first Liquefied Natural Gas (LNG) powered busTata Motors completes delivery of the country’s first Liquefied Natural Gas (LNG)-powered bus order. Two units of 36-seater Starbus LNG AC models were delivered to LNG Petronet Limited in Dahej, Gujarat and two units in Ko...
India is the second-largest producer of tea. However, the tea industry is facing some issues pertaining to weakening demand. Internationally too, the export market for Indian tea has fallen. Tea Board India is doing its part to improve the situation. M. Balaji, Executive Director, Tea Board India, M...
The West Bengal Small Industries Development Corporation Limited (WBSIDCL) is a subsidiary organisation under the MSME department of the West Bengal government. Biplab Roy Choudhury, Chairman, WBSIDCL, spoke to BE’s Aritra Mitra.Q. Tell us about your organisation.A. This organisation was ini...
