Miraj, a historic town in Maharashtra, is renowned for its rich cultural heritage and its significant contribution to Hindustani classical music, particularly in the craftsmanship of Tanpuras. This tradition spans centuries, with the art of musical instrument making passed down through generations o...
Dear ReadersBusiness Economics wishes its readers a happy and prosperous Diwali, the festival of light. Light symbolizes removal of darkness. The festival, illuminates homes, temples and workspaces with diya-s (oil lamps), candles and lanterns. The festival symbolizes the spiritual “victory of lig...
Amidst the gloom of the RG Kar affair or the Tirupati laddu scam or even the continued terrorist attacks in Jammu & Kashmir, even after the completion of the first general election in the state, we find hope and encouragement when the founder of Nvidia, Jensen Huang, in his recent visit to India...
The Royal Swedish Academy of Sciences has awarded the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to three US-based economists—Daron Acemoglu, Simon Johnson, and James A. Robinson—”for their studies on how institutions are formed and affect prosperity.” The No...
In any macroeconomic framework, the household sector plays a critical role as a driver of consumption, savings, and overall economic activity. Household consumption is primarily influenced by income and wealth. In India, the household sector has traditionally favored fixed deposits (FDs) in banks an...
Company ProfileThe result of a public-private partnership between the Madhya Pradesh State Industrial Development Corporation Limited and Universal Cables Limited is Vindhya Telelinks Limited. Vindhya Telelink was founded with the primary goal of producing Jelly Filled Telephone Cables (JFTC). After...
In September 2024, the Prime Minister’s Economic Advisory Committee released a paper titled *Relative Economic Performance of Indian States: 1960-61 to 2023-24*. This study goes beyond mere growth rates, providing a comprehensive analysis of the economic performance of Indian states over nearly 65...
“You shouldn’t focus on why you can’t do something, which is what most people do. You should focus on why perhaps you can, and be one of the exceptions” says Steve Case, the co-founder of AOL. This probably defines the mindset of Indian start-up entrepreneurs; they are treading into areas wh...
The 2024 Nobel Prize in Literature has been awarded to South Korean writer Han Kang, 53, known for her works including The Vegetarian, The White Book, Human Acts, and Greek Lessons. The Nobel committee recognized her for “her intense poetic prose that confronts historical traumas and exposes the f...
The recent Memorandum of Understanding (MoU) between India and the United States on critical battery minerals represents more than just a bilateral agreement; it signals a deeper alignment between the two nations in their pursuit of sustainable energy solutions.For both countries, this is a strategi...