The President of India gave assent to three Acts passed by the Indian Parliament on September 24, 2020. These Acts created upheaval among farmers in India and people are very much concerned about the fall out of these legislative measures. The APMC Reforms ActThe ‘Objects and Statementâ...
Two external resources - other than foreign aid and foreign direct investment in physical investment adding to capital stock - have gained prominence for developing nations in recent years. They are remittances from migrants working in developed countries and in oil producing countries to thei...
Federal Bank Expands Collaboration with Oracle and InfosysFederal Bank announced an expanded strategic collaboration with Oracle and Infosys, a global leader in next-generation digital services and consulting, to provide an enhanced customer experience through Oracle CX (Customer Experience) p...
India’s gross domestic product for 2020-21 has declined to 7.3% -- lower than the figure most agencies had predicted earlier. The recovery that began in the October-December quarter gained momentum in the subsequent three months. In the January-March 2021 quarter, GDP grew by 1.6% over and a...
The second wave of the pandemic came along with the second wave of distress for the Micro, Small and Medium Enterprises (MSME) sector. Relatively poor economic activities, lockdowns, and tax burden have forced some MSMEs to shut down. Yet, some enterprises are trying to manage with the changed...
India’s Gross Domestic Product (GDP) contracted by 7.3% in the last FY 2020-21 - as per the recently released provisional national income estimate. There is a common notion that the impact of the pandemic has been minimal on the agricultural sector in India. However, that is not the wh...
There are many important purposes of macroeconomics. But the foremost of these is attaining full employment. Full employment does not only mean full-employment of labour - it also includes full utilisation of available resources. The Indian economy has been under stress for quite some time. Ev...
COMPANY PROFILEFounded 62 years ago, Torrent Pharmaceuticals Ltd. is the flagship company of the Torrent Group. Is based in the Indian city of Ahmedabad. It was promoted by U. N. Mehta, initially as Trinity Laboratories Ltd, and was later renamed Torrent Pharmaceuticals Ltd...
In the wake of the second wave of the pandemic, certain segments of the industry are demanding a postponement of the Insolvency & Bankruptcy Code (IBC) by another one year. However, that is unlikely to help the stressed enterprises to recover quickly as they are more likely to face multipl...
West Bengal is rich in various mineral deposits. It has a coal reserve of around 31.67 billion tonnes. Other metallic and non-metallic mineral deposits have been located in various districts of West Bengal. In the Himalayan region, there are rich deposits of dolomite, talc and coal. Deposits o...