The intention is good but the compliance seems to be skewed and defeats the purpose. In February 2014, market regulator Securities and Exchange Board of India (Sebi) had issued a directive asking c
Prime minister Narendra Modi seems to be building a USA in the backyard. On Tuesday, he called for unity among Asian countries and said they must work as Asians to shape the world and reform
What has been termed as imaginative and somewhat bold, the Telangana government’s maiden industrial policy comes with a unique feature — Right to Clearance for industrial projects, whic
Appropriate policies and practices for skills development currently occupy a dominant place in development discourse. But the focus is more on skills development for employability. Equally importan
Before making an investment, an investor has to consider not only the best-case scenario but also the worst-case scenario – unless a unit is allowed to close down properly if the business goe
The Bangkok Outcome Document, released by the Asian Productivity Organisation (APO), calls upon global economies to explore and adopt new business models to achieve long-term business sustain
If fighting black money is the aim, demonetisation is the wrong weapon, says India’s largest and oldest business body. “Demonetisat
India carried out a number of reforms that helped the country dramatically improve its rankings by 30 spots to 100th position in the
The ‘Ease of Doing Business’ report of the World Bank could not have come at a better time for the NDA government. The first anniversary of demonetisation, where everything from plannin
The UP investors’ summit has received an overwhelming response. On the opening day, Wednesday, 1,045 memorandums of understanding (MoUs) worth Rs 4.28 trillion were signed at the summit &ndas
Uttar Pradesh, a state not known as investors’ paradise, is making news. On the opening day of the UP Investors’ Summit, the state attracted memorandum of understanding (MoUs) worth a w
Soon after the India Sweden Business Day (November 12) in Stockholm, Indian ambassador to Sweden Monika Kapil Mohta spoke to Rupali Mehra on business ties between the two sides, the ‘Make
Given the government guidelines under which units have to work and lack of bank support to the MSME sector, a V shape recovery cannot be expected, and the road ahead will be slow and painful.
Dheeraj Gupta, founder of the home-grown vada pav brand Jumboking, says it is important to believe in your core business, remain focused and become business specialists rather than generalists.
India has been witnessing a sluggish demand growth for power amidst COVID-19. It has affected both thermal as well as renewable energy (RE) sector. While thermal sector (coal) plant load factor (PL
A production-linked incentive (PLI) scheme with a cost of Rs 7,350 crore over four years was approved by the union cabinet Wednesday, aiming to boost domestic manufacturing and attract global inves
Predictably Irrational By Dan Ariely Harper Perennial, 384 pages, Revised edition: 2010 In this meticulously researched work, Israel-
As many as 283 firms were admitted into corporate insolvency resolution process (CIRP) between April and December last year, as the pandemic and lockdown came to hurt businesses. As
Though there is no weekly viewership data for individual news channels coming since mid-October 2020, after allegations of manipulation of television rating points (TRPs) by three news channels, pe
The Government of Gujarat has launched a web portal and a mobile application to facilitate online registration of workers from the unorganized sector by giving them smart cards for availing various
Despite the digital medium giving stiff competition to TV and having high penetration across the country, television will remain the preferred option. According to Vikram Sakhuja, Group CEO, Madiso
There has been an active debate globally and in India about the digital divide. This debate has gained additional weight during the Covid-19 pandemic because the acceleration of the need for digita
The Standing Committee on Finance of the parliament has come out with a report on implementation of the Insolvency and Bankruptcy Code (IBC) - pitfalls and solutions. It was presented in both house
While the pandemic has brought radical changes in the way people work and work-from-home (WFH) has become the standard protocol of following Covid-appropriate behaviour world over for almost 18 mon
The Insolvency and Bankruptcy Code (IBC) 2016 was enacted in May 2016. It was a milestone event in the financial sector reforms. In its five years of journey, five key takeaways of IBC are as follo
OTT is here to stay. Even after Covid restrictions are lifted to open cinema halls and multiplexes, customers will still continue to subscribe to the OTT platform for its user-friendly formats, pri
Inconspicuously Human By Uday Singh
The world is still adjusting to the impact of the pandemic, and employees
The launch of the Gati Shakti master plan will be a booster dose for India growth story. The plan, as the name indicates, will ensure Gati, i.e., speed and Shakti, i.e., empowerment to the ₹1 tri
Mantra and the meaning of Success By Rajesh Talwar Bridging Borders, 288 pages Rajesh Talwar, who works as Deputy Legal Adviser to the Uni
In 2010, I attended a self-development program called ‘Seven Habits of Highly Effective People’. This program deeply impacted me, and I underwent a life-changing experience. Steph
Many years ago when I was young, I used to watch my sister play a game called ‘The Sims’. It was at its time one of the best life-simulated video games ever sold and it engrossed her co
Rising: 30 Women Who Changed India
The Swachh Bharath Abhiyan was launched in 2014 to eradicate open defecation (OD) by 2019 and make India open defecation free (ODF). The program focused on providing subsidies for the construction
In the early days of human civilization, man had to work all seven days a week as a hunter-gatherer in order to meet his basic needs. As time went on, man developed tools and machinery and with the
Merger is a corporate strategy involving two companies to combine and form a new legal entity under a common corporate name. Merger deals between industry rivals have always attracted considerable
Merger as a corporate strategy involves two companies coming together to form a new legal entity under a common corporate name. Mega merger deals have always attracted considerable attention from a
Diamonds Are Forever, So Are Morals: Autobiography of
Michelle Obama once said, “No country can ever truly flourish if it stifles the potential of its women and deprives itself of the contributions of half of its citizens.” That should be
Meet Promila Krishna, 39, Lalita Nayak, 40, Parbati Gadba, 42, Sanadei Dhuruwa, 39, and Nabita Barika, 41, of Kundra block in Odisha’s Koraput district. Except for Promila who is a matriculat
India’s state-run ONGC (Oil and Natural Gas Corporation) has said that it plans to increase production by 20% by 2025. The behemoth aims to spend Rs 30,000 crore on capital expenditure in 202
GAIL has said that it expects to monetize Rs 4,000 crore of its assets in the FY 2022-23.The state-owned company saw an increase of 6% sales demand last year and expects a stable 6% to 8% sales gro
Every month the Reserve Bank of India releases figures of Deployment of Gross Bank Credit by Major Sectors. While going through the recent release as on April 22, one striking feature was unmissabl
Unacademy is the biggest example of how success doesn’t have a single refined route. It stems from an idea, led by perseverance and unmatched dedication. It is a story of friends who gave
The hospitality industry is one of the areas which were hit worst due to the Corona pandemic. Even then, the operators as well as owners in this field deserve congratulations for successfully overc
Bioeconomy will be key to India’s future economy over the next 25 years, says union minister of state (independent charge) science and technology Dr Jitendra Singh. Releasing &
Over the last few years, cloud has been able to create a special place for itself amongst fast moving, competitive and growth-led organisations. As the technology became an imperative, it has undou
‘A market structure characterized by a single seller, which exerts a stronghold over others in the marketplace.’ Monopolies have existed since markets were created, and they present inh
India is the third largest aviation market in the world, after the UK and China; and the country’s aviation sector is expected to grow tremendously over the next few years. Most of the major
Anupam Gupta’s new book, ‘The Wisest Owl – Be Your Own Financial Planner’ (Penguin), uses the wisdom and experience of India`s top personal finance professionals – Dil
The Journey of Hindi Language Journalism in India: From Raj to Swaraj and Beyond By Mrinal Pande Orient BlackSwan, 188 pages, Rs 1,195.00
“My volume of business has increased ever since I registered on GeM (Government e-Marketplace) in 2017. Earlier, I could supply items only in the vicinity of my shop in Fort area and only wit
Iconic Indians: 75 Extraordinary Individuals Who Inspired the Country By Sanjeev Sanyal and Rajesh Singh Rupa Publications, 360 pages, Rs 695
The Competition Commission of India (CCI) on Tuesday imposed a penalty of Rs. 936.44 crore on Google for abusing its dominant position with respect to its Play Store policies, apart from issuing a
The total coal production in the country stands at 448 million tonnes (MT) for the month of October 2022 which is 18% higher than the production of the corresponding period of last year. The growth
With the advent of globalization came a new set of challenges for corporations, notably the duty of ensuring the well-being of all stakeholders while also protecting the planet`s natural environmen
As the post-pandemic fallout and geopolitical uncertainty slows down global economies and sanctions against some nations, energy crisis and inflation are adding to the troubles, India is projected
World GDP forecasts for 2023 have been revised down again as central banks intensify their fight against inflation and the outlook for China’s property market deteriorates, says Fitch Ratings
Corporate social responsibility (CSR) has grown concurrently and risen to enormous prominence in recent years. Initially, business owners started CSR by making charitable donations in an unstructur
As the ‘third wave’ of Covid-19 subsided and people resumed travelling after a long gap, the railways’s earnings have recorded a sharp uptick. The total approximate earnings in th
The union cabinet on Wednesday approved an incentive scheme for the promotion of RuPay debit cards and low-value BHIM-UPI transactions (person-to-merchant) for a period of one year from April 2022.
It is time for digital media to convert impressions to GRPs (gross rating points) to get measurement numbers. An advertiser is entitled to know the content where their ad is placed. These were amon
In a judgment with far-reaching implications, the Supreme Court has held that the civil consequences of an account being declared as fraud under the Reserve Bank of India (Frauds Classification and
India’s overall exports, including services and merchandise, have crossed US$750 billion, minister of commerce and industry Piyush Goyal has announced. This is an all-time high and this achie
Logistics has become the centerpiece of India`s policy making in its journey towards becoming a developed nation and a leader in international trade, union minister of commerce and industry Piyush
The Big Bull of Dalal Street: How Rakesh Jhunjhunwala Made His Fortune By Neil Borate, Aprajita Sharma, Aditya Kondawar Penguin Business, 256 pages, Rs 399
The journey of ESG is a bridge from ‘qualitative change’ to a ‘measurable value’. ESG is the consideration of E-S-and-G non-financial issues, alongside financial factors, wh
MADE IN INDIA: 75 Years of Business and Enterprise By Amitabh Kant Rupa, 240 pages Rs 595 Seventy-five years after India attained freedom at
The union cabinet, chaired by prime minister Narendra Modi, approved the National Medical Devices Policy, 2023 on Wednesday. The medical devices sector in India is a sunrise sector w
Drivers cancelling the trip after booking was the biggest difficulty 73.4% (1196) faced by users of cab aggregators, according to an online survey by the consumer rights body, Mumbai Grahak Panchay
The union cabinet on Wednesday approved the Production Linked Incentive (PLI) Scheme 2.0 for IT Hardware with a budgetary outlay Rs. 17,000 crore. Context: *
Urging use of alternative and cost effective fuels to reduce pollution caused by vehicles, union road transport and highways minister Nitin Gadkari on Thursday said finding cost-effective fuels is
The gross Good & Services Tax (GST) revenue collected in the month of May, 2023 is ₹1,57,090 crore of which CGST is ₹28,411 crore, SGST is ₹35,828 crore, IGST is ₹81,363 crore (includin
Union minister of commerce and industry, consumer affairs, food and public distribution and textiles Piyush Goyal highlighted the ``10x`` growth in procurement from Government e-Marketplace (GeM) i
India has the potential to be a Green Hydrogen exporter, minister of state (independent charge) science & technology Dr Jitendra Singh has said. Addressing the International Conf
Over 500 shipments of illicit, and potentially dangerous, unapproved prescription drugs, combination medical devices, and synthetic drug precursors were stopped from reaching American consumers in
Taiwan`s Foxconn has withdrawn from a $19.5 billion semiconductor joint venture with the billionaire Anil Agarwal-led metals-to-oil conglomerate, Vedanta. Issuing a statement on Mond
The Global Trade Paradigm: Rethinking International Business in the Post-Pandemic World By Arun Kumar HarperCollins, 352 pages, Rs. 699
Last three years have sparked off waves of innovation and entrepreneurship. One area is digitisation in every domain. According to some estimates, 85,000-plus start-ups embarked on their journey la
This article aim to look at how CFOs are tackling new challenges in the digital era. Over the last few years, many companies have been disrupted not by their other competitor but by
From December 2016, the Indian business community at large, bankers and financial institutions, among other stakeholders, were introduced to a new comprehensive legal and institutional machinery &n
The domestic aviation industry has witnessed a remarkable surge in passenger traffic during the first eight months of 2023. According to the latest data analysis, the number of passengers carried b
Prime minister Narendra Modi addressed the programme marking 20 years celebration of the Vibrant Gujarat Global Summit at Science City in Ahmedabad on Wednesday. The Vibrant Gujarat
State-run REC Limited, a Maharatna company, on Wednesday declared its second interim dividend of Rs 3.5 per share for FY2024. Earlier, in August, the company’s board had approved its fi
Prime minister Narendra Modi inaugurated the 10th edition of Vibrant Gujarat Global Summit 2024 at Mahatma Mandir, Gandhinagar on Wednesday. The theme of this year’s summit is ‘Gateway
As the fiscal year concludes, heightened expectations surround the upcoming interim budget, which serves as a precursor to the comprehensive budget. This interim budget is anticipated to address ke
A Summary of the Interim Union Budget 2024-25 * CAPITAL EXPENDITURE OUTLAY FOR THE NEXT YEAR IS BEING INCREASED BY 11.1 PER CENT TO RS 11,11,111 CRORE, WHICH WOULD BE 3.4 PE
Despite uncertainty from adverse geopolitical developments and expansionary fiscal measures taken during the COVID-19 pandemic, the Indian economy has demonstrated resilience and maintained healthy
Ever since the internet started being used for commercial purposes, cyber security audits have become a routine requirement. Considering that this change is fairly recent, these audits too ar
The Central Consumer Protection Authority has sought public comments on the ‘Draft Guidelines for Prevention of Misleading Advertisement in Coaching Sector’. The draft g
Addressing the Viksit Bharat Viksit Uttar Pradesh program in Lucknow on Monday, prime minister Narendra Modi launched 14,000 projects across the state, worth more than Rs 10 lakh crore at the fourt
The union government has approved a scheme to promote India as a manufacturing destination so that e-vehicles (EV) with the latest technology can be manufactured in the country. The policy is desig
Startup Mahakumbh, India`s largest and first-of-its-kind startup event, registered record participation, serving as a vibrant platform for all stakeholders in the Indian startup ecosystem.
Indian banks` profitability is likely to continue to improve, although net interest margin (NIM) compression will limit earnings upside over the medium term, according to Fitch Ratings.
7 Chakras of Management: Wisdom from Indic Scriptures By Ashutosh Garg Rupa Publications, 282 pages, Rs 595
The recent European Union (EU) policy on artificial intelligence (AI) will be a game-changer and likely to become the de-facto standard not only for the conduct of businesses but also for the way c
Against the backdrop of the $3.5 billion Production-Linked Incentive (PLI) scheme launched by the Government of India, sales of Electric Vehicles (EVs) are expected to grow at a CAGR of 35% by 2032
India is the world’s fifth largest economy with a GDP of USD 3.7 trillion today, and it is expected to become the third largest economy with a GDP of USD 5 trillion in five years. The Narendr
Banks across India are levying inconsistent service charges on basic savings accounts. A study, “Benchmarking Reasonableness of Service Charges by Banks in India”, uncovers and exposes
Invaluable By Somik Raha IndiePress, 316 pages, Rs 701
India’s coal production for June 2024 reached 84.63 MT (Provisional), with a growth rate of 14.49% compared to the corresponding period in the previous year, which was 73.92 MT.
With the return of the NDA to power in the recently concluded Lok Sabha elections, all eyes are now on finance minister Nirmala Sitharaman’s full budget for the FY 2024-25. The interim budget
SUMMARY OF THE UNION BUDGET 2024-2025 Key points INDIA’S INFLATION CONTINUES TO BE LOW, STABLE AND MOVING TOWARDS THE 4
Several attractive benefits to provide tax relief to salaried individuals and pensioners opting for the new tax regime were announced by finance minister Nirmala Sitharaman while presenting the Uni
Shooting oneself in the foot with a regressive step for short term political gains is how I would define the Karnataka government’s recent decision to reserve jobs in the private sector for t
Among the various aspects of sustainable facility management, green cleaning has emerged as a pivotal strategy. By adopting green cleaning practices, facility managers can significantly reduce envi
Cyberattacks have become a daily phenomenon around the globe, especially in India. In the first half of 2024 alone, India has witnessed 593 cyber incidents, comprising of 388 data breaches, 107 dat
Your Company Is Your Castle: How to Build a Successful Company By Sandeep Chennakeshu Aleph Book Company, 320 pages, Rs 899
Unlocking Wealth: Secrets to getting Rich at any age By Rohit Sarin Aleph Book Company, 224 pages, Rs 599
It is the end of an era with Ratan Tata’s passing away. The former chairman of Tata Sons died of age-related illnesses at the Breach Candy Hospital in Mumbai late Wednesday. He was 86.
The Union Cabinet, chaired by prime minister Narendra Modi, on Wednesday approved the setting up of a Rs. 1,000 crore Venture Capital Fund dedicated to space sector, under aegis of IN-SPACe.
The vast Indian film industry is among the oldest in the world and is a leading producer of films, churning out the largest number of movies annually. Renowned for its grandeur and widespread appea
Prime minister Narendra Modi and his Spanish counterpart, Pedro Sanchez, jointly inaugurated the TATA Aircraft Complex for manufacturing C-295 aircraft at TATA Advanced Systems Limited (TASL) Campu
India`s telecom industry stands as a global powerhouse, ranking second in size with a subscriber base of 1.095 billion as of July 2024, including wireline and wireless. With the rapid expansion of
