More than 15 industrial associations of MSME units staged a protest in Tamil Nadu January 17, 2022. This protest has attracted the attention of many observers in India. The main demand of the protestors was adequate government attention to help the MSME sector which has been working under severe str...
Iron ore prices and its supply hindrances, competitive selling prices, volatility of the prices, rising input cost, dumping of cheaper steel products, etc. are all matters of concern for the steel industry in India. But the rising concern of the industry has been the issue of environment pollu...
Recently, ASSOCHAM and rating agency ICRA released a joint report titled, ‘The Tea Industry at the Cross Roads’ in Kolkata. In the report, many important issues like strengths and challenges of the tea industry India, particularly north Indian tea, have been discussed. The main issues that the i...
IntroductionThe most important point to note is that a developing country like India may have to consume electric power by higher amount. This is because without consuming more power material condition of the common people can not be uplifted. At the same time the cost of power should not be so high...
The most important discussion among economists and observers is now regarding the possibility of the Indian economy reaching the pre-Covid level of GDP by end of FY 2021-22. But another equally intriguing question is whether the Indian economy is moving towards stagflation. What is stagflation? Stag...
The tea industry in India has revived to a large extent after the Covid-19 shock. But in spite of various efforts, the projected amount of production of tea as well as its export will not be achievable this year according to Raj Bansal, President, Tea Association of India.Bansal said this during his...
A few days ago, RBI Governor, Shakti Kanta Das reportedly said that there were signs of economic recovery. According to him, consumption demand triggered by the festive season’s pent-up demand was the key factor responsible. Das believed business firms would encourage expanding their capacities an...
There has been anxiety over the required supply of electric power in India in the not-so-distant days. This has been mainly due to shortages of coal supply at the power plants. A number of states like Delhi, Punjab and Rajasthan have raised concern about potential blackouts as a result of shortage o...
The Economics Nobel 2021 goes to three US based economists. One half of the award has gone to David Card, Professor of Economics at the University of California, Berkley. The other half has gone jointly to Joshua D Angrist of MIT and Guido W Imbens of Stanford University. The economics Nobel c...
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 Banksâ...