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...
For India, cement production capacity stood at 502 million tonnes per year (MTPA) in 2018. According to inputs from credit rating agency ICRA, around 18-20 MTPA capacity may be added to the industry in FY 20. The country is the second largest producer of cement that accounts for over 8% of the globa...
As per government data, only 4.69% of India’s workforce is formally skilled. An adequate availability of skilled workers is needed to propel the ‘Make in India’ mission. The ‘Skill India’ mission covering vocational trainings needs to be strengthened to push the population towards employab...
Durga Puja for Bengalis is both a time of religious and social celebration. A carnival like atmosphere prevails throughout West Bengal. But as businesses flourish during this time, so does the use of plastics. Most sellers provide items in plastic carry bags. For food items, many restaurants use pla...
Private companies in India were only allowed captive mining for cement, steel, power and aluminium industries until February 20, 2018, when the central government allowed them to enter the commercial mining segment. This move by the central government ended the monopoly of the state-owned Coal India...