The global economy has taken to the gig economy in a big way. Almost a no-strings-attached affair, gig economies are gaining popularity as they benefit both employers and the employed. Employers don’t need to worry about providing steady, year-round salaries. They can employ workers on an assignme...
Thermal power production has a high pollution quotient. In addition to lead, leather and chemical industries, conventional power production companies are the major sources of air, soil, and water pollution. The residual matter of power production is responsible for long term environmental contaminat...
The distribution of wealth has seen the highest disparity all over the world during the last few decades.According to the Azim Premji University Centre for Sustainable Development’s ‘State of Working India-2019’ report, more than 57% of India’s regular wage earners have been earning less tha...
This December is historic for the Oil and Natural Gas Corporation (ONGC). A long due exploration is expected to start. This exploration field - located in the Bay of Bengal off the Godavari coast - has been termed the KG-DWN 98/2.Pallab Bhattacharya, Chief, Corporate Communication, ONGC, told BE, â€...
Tourist destinations that are well-connected to metropolitan cities are also developing as outstation real estate destinations. These houses serve as weekend gateways as well as investments. It can be let out during the tourist season and can also be sold off in the unlikely event of a liquidity cru...
The recent visit of Xi Jinping, the President of China, to Nepal can be a game-changer for the small Himalayan nation. Before this, Jiang Zemin was the last Chinese President to visit Nepal in 1996. The two countries signed several agreements on infrastructure projects. The present government in Nep...
The Union Ministry of Petroleum and Natural Gas (MoP&NG) is initiating strategic disinvestment of its Central Public Sector Enterprises (CPSEs). They have zeroed in on Bharat Petroleum Corporation (BPCL). The MoP&NG, in a recent press release proposed “to divest its 100% shareholding in th...
The life insurance segment is still dominated by a public sector player when the government is promoting private and foreign investment in the Indian market. The Life Insurance Corporation of India (LICI) remains the largest player in the Indian life insurance market despite having 23 private compan...
Dhanteras, which was traditionally known to push the jewellery market, has also evolved as one of the catalysts of the white goods market. According to Hindu mythology, Goddess Lakshmi, along with Lord Kubera, the God of Wealth, is worshipped on this day and buying of metal items is considered auspi...
Plywood is manufactured from timber logs and formed by combining thin timber sheets. India has around 2800 operational wood panel processing and plywood manufacturing plants. According to industry estimates, the plywood market in India is well placed to reach the $5.7 billion mark by 2024. Since ply...