India has become the third largest startup ecosystem in the world after the US and China. According to the Economic Survey 2022 the government has recognised more than 14,000 new startups in 2021-22 against 733 in 2016-17. The total number of recognised startups in the country is now estimated at a ...
India has hailed the Union Budget 2022-23. Most analysts consider it to have maintained a balance between growth and social security. With over 35% increase in capital expenditure and proposed infrastructure spending of more than `10 lakh crore in Budget 2022-23, Nirmala Sitharaman has once again re...
The Covid-19 pandemic has increased global food insecurity in almost every country by reducing incomes and disrupting food supply chains. The pandemic created devastating effects on global hunger and poverty, especially, on the poor and the vulnerable populations. A July 2021 report by five UN agenc...
The Indian automotive industry has entered into 2022 with a lot of hopes and positive mindset - leaving behind the agony of the last two years. Backed by a buoyant demand in the passenger vehicle segment despite continuing rises in commodity prices, automobile makers are upbeat to embrace new techno...
Will 2021 be the turning point for tackling climate change? Many think it could be. World leaders gathered in Glasgow last October-November for the successor to the landmark Paris meeting of 2015. Paris was important because it was the first time when virtually all the nations of the world came...
It’s festival time now and India is busy celebrating two of its biggest festivals - Durga puja/Dussehra and Diwali. Like last year, this year too Durga puja was not about hopping pandals and meeting friends and families to exchange greetings. It was partly virtual and about being there and celebra...
“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...
A number of recent reports on the Indian economy have painted contradictory pictures of India’s future growth prospects. The International Monetary Fund (IMF) has cut its GDP growth forecast for India to 9.5% for the current fiscal from as high as 12.5% projected earlier - following the disastrous...
With growth comes transformation, both economic and social. The growing urbanisation and widespread access to information generate new aspirations across all sections of society and when they are not met, they create a sense of antagonism among the disadvantaged. In this highly disruptive phas...
The Covid-19 pandemic has shattered economies and damaged wealth creation across the globe. The devastation was so brutal that practically no sector was spared, given the kind of dramatic reduction in consumer confidence and spending. India witnessed a 7.3% decline in gross domestic prod...
