The global economy is slowing down. Will it fall further? The International Monetary Fund’s (IMF) new Managing Director, Kristalina Georgieva, warned that the slowdown is posing a “serious risk”. The IMF has downgraded the global GDP growth to 3% for 2019 - the slowest since the global financi...
In a major move to stimulate the country’s ailing real estate sector, the government has decided to set up a `25,000-crore alternative investment fund (AIF) to revive about 1,600 stalled housing projects. These include over 4.58 lakh unfinished units across major cities in the country. According t...
India has jumped 14 ranks in the World Bank's ease of doing business index to 63rd place in 2019 from 77th last year. The news could not have come at a better time; Indian economy is going through a prolonged slowdown and the sharp rise in ease of doing business index is expected to improve the conf...
India’s festival season is here. Diwali generates the biggest shopping stimulus. From neighbourhood sweet shops to white goods and jewellery retailers, everyone cashes in on the festive mood. Indian festivals, be faith-centric or secular in nature, involve exchange of gifts. This process supports ...
Global think-tanks including the International Monetary Fund (IMF) and the World Bank have been advocating that India is in the midst of a demographic transition and is likely to reap huge demographic dividends in the coming years.India is experiencing an increase in working-age population offering ...
After the success of its tourism’s promotional slogan ‘Atithi Devo Bhava’, the Indian tourism ministry has come out with another catchphrase 'your search ends here'.One hopes the new slogan helps in attracting more foreign tourists to India for experiencing nature’s beauty and cultural diver...
“You and I come by road or rail, but economists come by infrastructure,” Margaret Thatcher, Britain’s longest-serving prime minister and the first woman elected to that office had observed while highlighting the role of infrastructure in a nation’s life. For economists rail and roads are not...
“The line between order and disorder lies in logistics” – is how Sun Tzu, the Chinese military strategist and philosopher defined the place of logistics in a nation’s growth drive. Sun Tsu’s basic proposition probably related to military strategy but since the logistic industry involves th...
Prabir Dey’s day starts in the morning and often ends at mid-night. He can’t afford leisure but he values his job as a courier boy for a food delivery start-up. He is one among millions of young Indians who, armed with their smart-phones and motor cycles, deliver nearly anything and everything t...
If the present is not beautiful, the future will be – is how Nirmala Sitharaman has prefaced her maiden Budget. She has talked of doubling farmers’ income by 2022 – something PM Modi often advocated in the past. She spoke of taking electricity to every house in the country. Above all, she pled...
