After 34 long years, India finally got a New Education Policy (NEP) in 2020. The much-awaited reforms in the Indian education system have finally arrived with the Union cabinet approving the new NEP on July 29, 2020 with a comprehensive framework to guide the development of education in the cou...
The world economy is sinking. The American economy has shrunk by a record 32.9% in the April-June 2020 quarter over the same period a year ago. The Euro zone economy contracted by 12.1% during April-June 2020 as compared to the first three months of the year. The region’s largest economies each co...
The world had not seen such clear blue skies for years. Global lockdowns dramatically reduced air pollution across countries, erasing the haze that covered the sky. Maybe, the reduction in air pollution due to lockdowns is a temporary phenomenon and when the world comes back to its regular schedule,...
Should India’s policy-makers celebrate the unprecedented rise in foreign exchange reserves in recent months or should they worry about finding gainful avenues to utilise the fund? The country's foreign exchange reserves swelled to an all-time high of $516.36 billion in the week to July 10 from $51...
India has banned 59 apps from China-based companies last month following the face-off with the Chinese forces in Ladakh. The banned apps include those for e-commerce, gaming, social media, browsing, instant messaging and file sharing. Popular Chinese apps such as TikTok, SHAREit, WeChat, Club Factor...
Covid-19 is having an unprecedented impact on our society and economy. Countries across the world are witnessing huge economic disruptions. Growth parameters are under threat. The World Bank in its ‘Global Economic Prospects’, June 2020 issue has warned that the global economy will shrink ...
The nationwide lockdown following the outbreak of the Covid-19 pandemic has shut down offices of the sprawling services sector in India and closed down factories halting urban economic activities. But crops standing across the vast fields of the country kept growing and farmers continued to nurture ...
“There’s always an opportunity with crisis. Just as it forces an individual to look inside himself, it forces a company to re-examine its policies and practices,” says Judy Smith, the American attorney, writer, and founder of a crisis management firm. The new-age Indian start-u...
If the present is not beautiful, the future must be glorious. This probably explains the essence of the government’s `20 lakh crore stimulus package announced recently to rescue the economy from going into deceleration due to the prolonged lockdown. From providing relief to the MSME sector to unle...
To appropriate an old quote, when America sneezes, the Indian software industry catches a cold. With more than a three-fifths share (62% in 2018-19) in India’s total software export, any negative development in the American market is sure to affect India’s software industry that grows largely on...