What is needed is a holistic policy response which takes into account the end-to-end requirements of the apparel sector, rather than piecemeal responses to different challenges of different sets of players at different times
The UK as a whole has nearly three times as much forest as it did at the start of the 20th century. China’s forests have increased by about 607,000 square kilometers since 1992, a region the size of Ukraine. The European Union has added an area equivalent to Cambodia to its woodlands. But Brazil alone removed enough woodland since 1992 to counteract all the growth in China, the EU and US put together
Those who live by the militant’s sword, however, die by it, too. Imperial powers that grow dependent on non-state armed groups tend to end up fighting them, or organizations very much like them. The Americans found that out in Afghanistan
Why are consumer companies fretting over the lack of volume rebound despite price cuts or advancement of the sale season by retail companies?
High inflation has crimped the buying power of consumers, particularly in rural India. Will the budget alleviate their burden and spur consumption is the main question
BJP’s calculations in wooing back Nitish Kumar have served as a pincer strike on the opposition. It is a Himalayan task for the INDIA bloc to revive from its loss of the only big Hindi heartland state that it was in power
It is high time to discard the old "Aaya Ram, Gaya Ram’’ phrase to describe political turncoats and replace it by "Aaya Nitish, Gaya Nitish", in view of the Bihar chief minister’s proven expertise in the field
There are expectations that the budget will focus on the inclusion of policy changes, provide higher allocations to areas that expedite the implementation of reforms, and permit the inclusion of diverse funding avenues.
Over $6 trillion worth of valuation have been wiped out of the Chinese stock markets in the past three years. The government has taken a series of measures to stop the rout but they did not have much effect because the Chinese economy is going through a troubled period. A $278 billion rescue package has been announced but there is little hope of a market recovery
Indian and British officials are engaged in hectic parleys to clinch a trade deal before the two nations go to the polls this year
A long-standing ask of Indian startups and companies wishing to tap global pools of capital has been accomplished by allowing them to offer their securities on permissible international exchanges in GIFT IFSC. This internationalisation of Indian equities also solves two complaints global investors had: interface with tax authorities, and currency conversion friction
It may be tempting to place a bet on a budget-related tip or instinct. Here's how to do it without hurting your long-term investing journey
Nitish Kumar’s JD(U) is in turmoil with a section of MLAs wishing to rejoin the NDA alliance and some others being wooed by the RJD. With the INDIA bloc foiling his ambitions to be named the leader of the grouping, Nitish appears to have figured out that being with BJP, amid its dominance in national elections, will serve his interests better in Bihar
By achieving the fastest 5G rollout globally, the Indian telecom industry has showcased its potential to drive the vision of a digitally empowered India.
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
Gross domestic product expanded at a 3.3% annualised rate in the fourth quarter, exceeding every forecast compiled by Bloomberg and helping validate record stock prices. And it’s largely happened on the back of strong consumption. The numbers cap a year of positive economic surprises that defied predictions of imminent doom with policy rates at two-decade highs
The worries about the damage to democracy through an ex-General contesting elections have led to rumours and speculation that high-profile members of Jokowi’s cabinet are considering resigning. This kind of active resistance by parliamentarians and civil society is essential, and should continue. Indonesia’s democracy is in its infancy
Vietnam’s abundance of these ores is catching the attention of its government as well as foreign leaders. Although current output is a tiny percentage of global supply, the nation is sitting on around 17% of known reserves, second only to China. It’ll take time and money to develop the mining and metallurgical skills needed to turn all that raw dirt into cash, but the rewards are there for the taking
Even as it grows, credit can still become safer if UPI spreads access to a wider group of borrowers and draws in more lenders. With broader access to credit, private consumption, which is expanding 3 percentage points slower than the economy’s overall 7%-plus growth rate, could become more stable
Gender budgeting is an essential tool to help dismantle deeply entrenched gender disparities. Energy security and gender budgeting are interrelated, given that energy is the key enabler when it comes to women’s social and economic empowerment
Lack of communication is at the core of the problem. Informed flyers will be more understanding of the difficulties faced by airlines when inclement weather disrupts flight schedules
From climate change affecting rainfall to geopolitical uncertainties, India has to be on the guard. But there is a sense of trust among ordinary people in Modi's ability to navigate the challenges, which is further amplified by Opposition parties repeatedly failing to show a viable alternative model of governance
SBI Life’s stock has lagged the broad market and a key reason behind this is the expectation that business growth rates this year won’t match that of the last one. The indications are already visible
Robust demand and higher-than-expected profit margin reflect improved operational efficiency
As with all great centers of wealth like London and New York today, Venice glowed even as it slid into political and economic senescence; its residual riches continued to finance art, architecture, music and, though evanescent, a sense of authority and grandeur
