The recovery in spending in started with the affluent in China after coronavirus lockdowns last spring and has begun spreading to middle-class families, but many low-income workers are still struggling
Nielsen’s data shows how sales in urban markets are flagging, posing a risk for earnings growth. But there’s a joker in the pack
For a country which welcomes foreign direct, as well as institutional, investment, it is hypocritical to be overly suspicious of non-corporate funds
It may not be easy for the government to appeal in appropriate courts challenging the Permanent Court of Arbitration order. However, an attempt to initiate an introspection of existing laws that hamper business growth will go a long way in establishing India as a global leader
The season is set to close with a healthy growth over the average. While sowing is also estimated to be higher over a year ago, the initial high growth estimates have been pared
Since the beginning of 2019, the growth in bank credit has come down. What did banks do with their funds?
Bihar Chief Minister Nitish Kumar faces a 15-year anti-incumbency, and the JD(U)-BJP government has earned flak for its handling of the migrant crisis and the spread of COVID-19. However, the results of the assembly polls seem a foregone conclusion with a limp Opposition
The Standard Bidding Document can be a sound starting point for states to reform electricity distribution
Going by the rate at which obligations are being met, by 2024 when Rs 55,000 crore of obligation should be discharged, the actual achievement will likely be only 10 per cent
The notion of a flat world in which goods and services move seamlessly faces daily assaults from potentially destructive conflicts. In the face of such gloom, it is heartening to see that sports and entertainment remains steadfastly global, and may even have extended their reach during this pandemic
Over the years, improved cook stoves have been hailed as a miracle technological innovation to handle a host of issues — climate, deforestation, health, women’s empowerment. Yet, it’s also true that more than three decades of effort of pushing these stoves among unwilling recipients has yielded sporadic success
A selection of articles and social media gems from the world of economy, business and finance
A premature pullback in government support back then led to a grinding recovery that left legions of would-be employees out of work for years
Both Chief Minister Edappadi K Palaniswami and his deputy O Panneerselvam want to become the AIADMK’s CM candidate in the assembly elections next year. V K Sasikala’s entry further complicates the brewing tension within the party
The passage of the Bills in Parliament ushers in a new regime in the job market, but the Centre should be mindful of the gaps that still exist
ILO says the devastating impact of the pandemic on jobs and labour income will persist in the December 2020 quarter
The impressive gains India has made at the UNGA since the 1975 episode are at serious risk of being set back this year in the just-opened General Assembly because the plenary of the world has fallen into the hands of those who are opposed to India
The big change that the northwest farmer in particular will face is far greater openness to market forces as the monopoly of the APMCs will go. The farmer will have to seek out buyers offering better deals and counterparties who can offer contract farming options
UNCTAD says covid-19 has raised fundamental questions about the way we organise society and the values that structure our lives
Analysts have warned about worrisome trends in China’s commitment to fight global warming in the face of economic slowdowns
The NSCN(IM) knows that it has been marginalised in Nagaland and it no longer enjoys the clout it did a decade ago. This explains why it wants to be part of an agreement that does not appear to be dishonourable
An interesting phenomenon is the spurt in demand for ICVs through the months of the pandemic and lockdown
While growth is strong in the US and the UK, the recovery has stalled in the Eurozone and activity continues to shrink in Japan
One good reason for Tata Sons to buy out the Mistry group stake could be to complete the process of institutional professionalization at the top of the group, a process that unfortunately suffered a setback in 2011 when Ratan Tata took the decision, through the committee appointed to do so, to bring in Mistry as his successor
There is already a product in GIFT City that is attracting keen interest from traders
