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...
The first few months of 2019 have seen the lowest new investment proposals in India in the last 14 years. The ‘Centre for Monitoring Indian Economy’ report states investments in Q4 of FY 2019 added only Rs. 9.5 lakh crore. These figures are unlikely to experience any significant change in the up...
Absence of electricity has been an inherent feature of rural India. It has led to low infrastructure and poor communication services in rural India. However, according to government reports, the situation has improved in the last few years. Electricity production in India reached its highest level o...
A shattered building with broken wooden windows and a creaking staircase. A boisterous crowd protesting agitatedly as loudspeakers blare their demands. A group of sat on a make-shift platform and protested through hunger strike. Such were the scenes outside the Kolkata head office of the Bharat Sanc...
The logistics sector in India has been a catalyst for economic growth. In India, around 60% of cargo transportation is done through roads. The Indian logistics sector is estimated to be worth around $160 billion. It is expected to reach $215 billion by 2020.India, with a population of 1.3 billion, i...
StockEdge is a self-help financial app for the Indian stock market, which is primarily based on NSE and BSE data. It provides necessary tools to understand the stock market. Vivek Bajaj, Founder, StockEdge, spoke to BE’s Kuntala Sarkar. Q. How is your product unique in the Indian context?A. O...
According to data from Statista, the app-based cab market in India is currently estimated at around $675 million. By 2023, this figure is expected to reach $1.3 billion. The market is predominantly concentrated in tier I cities. But some of these start-ups have found their way to expand to tier II a...
