The Indian government is going to open the coal sector for private participation in commercial coal mining. Amitabh Kant, CEO, NITI Aayog, Government of India, has pointed out some reasons that support the decision of privatisation of coal blocks.First, India has the second largest coal reserv...
From entrepreneur to a marketing professional in the corporate world and back to being an entrepreneur - all in the span of 30 years or so. It has been an adventurous journey for Sunitha Srinivasan."Once upon a time, a long, long time ago…like all good stories, my journey has been a kind of ...
Turiya Communications recently organised their third digital seminar session. It was titled, ‘Cope with Hope’ and was hosted by Sandhya Sutodia, Co-founder, Turiya Communications. Business Economics is pleased to be the media partner of the session. The first episode was addressed by Dr. Ku...
Glenmark Pharmaceuticals recently announced top-line results from the third phase of the clinical trials of Favipiravir in mild to moderate Covid-19 patients. The trial was conducted across seven clinical sites in 150 patients in India. Favipiravir is a broad spectrum oral antiviral drug. It selecti...
Amidst the present global economic slowdown triggered by the pandemic, retail chain D-Mart has said that it has recovered 80% of its pre-lockdown business in stores that can function unhindered. The news that the grocery retail chain could bounce back after a few weeks of uncertainty and poor sales ...
India is the second highest consumer of gold after China. But the global pandemic has put the segment under pressure. The country’s economically vulnerable situation has echoed in its gold market. Imports of gold dropped drastically (around 86% year-on-year) during June because of the di...
The Insurance Regulatory and Development Authority of India (IRDAI) has recently published data which states that the life insurance sector has witnessed a year-on-year (Y-o-Y) deceleration of 4.24% in the first quarter of FY 2021. Additionally, CARE Ratings recently revealed that owing to the...
The nationwide lockdown has left a direct impact on the textile industry. The sector offers employment to more than 45 million people in India and has a large number of segments like fabric supply, dyeing, labelling, light metallic clothing accessories manufacturing and ancillary textile...
KONE Elevator India introduces health and wellbeing solutionsKONE Elevator India has introduced a suite of people flow solutions to help buildings and cities to be safer and healthier places to live, work and commute. Amit Gossain, MD, KONE Elevator India said, “In the prevailing COVID-19 environm...
There is a strong wave of anti-China sentiments prevailing in India following the Galwan clash. There are calls to boycott Chinese products. Several electronic stores across the country have stopped the sale of Chinese brands. Electronic equipment is the largest market for Chinese goods i...