“Big things have small beginnings.” If this famous quote of T E Lawrence referred to the impact of a small Bedouin army on the war against the Turks in Lawrence of Arabia, it is equally true in today’s busy and competitive environment. Admittedly, a small business unit rarely turns out to be a...
The Covid-19 pandemic has taken some steam off the Micro Small and Medium Enterprises (MSME) sector in India. Traditionally, the sector has been a prominent source of employment and a significant contributor to the national economy. It can also have a transforming role for India’s rural economy. P...
The Micro, Small, and Medium Enterprise (MSME) sector has emerged as a significant sector of the Indian economy. The sector is crucial to India’s economic health, contributing about 45% to manufacturing output, more than 40% of exports, over 28% of the GDP while creating employment for more than 1...
With the second wave of the pandemic touching India, the daily average cases went on to around 1,00,000. Later in June, when the number of cases weakened in big cities, the pandemic started spreading across rural areas of the country. As said in a report produced by the State Bank of India, by mid-M...
In September 2020, Nirmala Sitharaman, the Indian Finance Minister (FM) had categorically mentioned that the Indian banking industry needs more digitisation and consolidation for its long-term survival. She said this while she was addressing the 74th Annual General Meeting (AGM) of the Indian Banks...
Federal Bank has recently signed a Memorandum of Understanding (MoU), with Ashok Leyland, flagship of the Hinduja Group, the second largest commercial vehicle manufacturer in India with their complete range of BS6 vehicles. The MoU was Signed by Harsh Dugar, Group President, Federal Bank and Go...
In the eventuality of a few infra-NBFC being forced to down shutters, the existence of thousands of MSMEs, infrastructure players, healthcare and infra start-ups would get jeopardised“Business cycles are a type of fluctuation in the aggregate economic activity of nations…a cycle consists of expa...
Narendra Modi’s first meeting with the new US president, Joe Biden, opens great opportunities for India in south Asian politics. Both talk Afghanistan, which indicates new alignments, new power equations and new thought processes in international diplomacy. The threat of China now seems to precede...
The whole world cries over the most relevant issue of concern – increasing violence. We are besieged with the stories of brutality, soldiers out of control, terrorism, suicide, murder and endless incidents of violence across the globe. The violence has not only spread at political and social front...