As the name suggests, handicrafts are creative products made by the skill of the hands without much help from modern technologies and equipment. When we talk of handicrafts, a beautiful image comes to our mind; an image full of artistic complexion, creative delicacy and beautiful appearance. Handicr...
A decade ago, power supply was falling short of demand. Now, supply is surpassing demand, compelling utility majors to restrict generation to avoid wastage.The situation has worsened this year. The deceleration in industrial activities has reduced industrial demand for power. India’s electricity d...
Each quarterly estimates of GDP is taking India’s $5 trillion economy target further away. At this rate the country will take about a decade to reach there – far after the original schedule of 2024-25.GDP growth has fallen for the seventh consecutive quarter – down to 4.5% in the second quarte...
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...
