Occupancy rates of luxury hotels may drop to 30-40 percent, a multi-year low and a steep fall from an average of 65 percent in FY20 and 69 percent in FY19, say analysts
COVID-19 has taught us that raising revenues from sustainable sources, reinforcing financial literacy, autonomy of local administrations, and revising the current approach in planning expenditure are essential for good urban governance
It’s true that the Indian economy is indeed recovering fast, but other factors need to click for this recovery to be sustainable
Depending on when the expats are asked to leave the country, Kerala’s remittances economy could see a shrinkage of up to $4 billion — about 25 percent of its total inward remittances
North India's tea plantations have seen output decline, sending prices up
Global debt as a percentage of GDP has touched 325 percent
Consumers are going online to shop for FMCG products during the pandemic. While e-commerce players are smiling, have FMCG giants such as HUL missed an opportunity?
Karnataka Chief Minister BS Yediyurappa should know that his government must act swiftly on several fronts if Bengaluru were not to go the Mumbai or the Delhi way
India must grab this opportunity to become a successful ‘trade diversion’ market for rerouting trade from Hong Kong to the United Kingdom
It is time for the citizens, and importantly, the government, to rise above mere symbolism and help the men who through their resourcefulness and imagination put Mumbai on the world map
These fresh retail investments will likely turn tail even when slightly spooked, thus adding more volatility to the market
Two of Unilever’s decisions are posing an existential question of sorts for HUL’s product categories. How it tackles them is crucial to the long-term outcomes for the company
The FAO’s global food price index rose in June, partly due to improving demand conditions
The competition law does not apply to the exercise of sovereign functions by the government. However, if it did, many of State's actions during the pandemic would have come under severe censure
Making long-term economic forecasts will not cease, but could nowcasting real time macroeconomic aggregates be the new norm?
The idea of looking away from the US is not confined to non-US companies. A few Silicon Valley startups are thinking of shifting a part of their development teams to Canada.
A declining trend in rainfall is a cause for concern but the Northwest cluster is mainly to blame. Sowing remains healthy, except for a blip in rice--the main Kharif crop
Does Hong Kong remain a dream destination for global capital, manufacturing, and services? Probably the large-scale protests, layoffs, and Sinification of Hong Kong hold the answer
Moving forward, many more reforms are needed to make the railways a truly competitive industry
Banks may have to set aside more capital for these loans because loans that are unrated or sub-investment grade carry higher risk weights
Companies with strong balance sheets will not only ride out the crisis, but also gain market share
With the National Security Law coming into effect in Hong Kong, the special status it enjoys under US law will be affected. Beijing, however, is determined to nip the Hong Kong movement in the bud
With the virus showing little signs of abating, commuters in semi-urban and urban areas would shun public transport for some time. At the same time, salary cuts and concerns on job security may push consumers to opt for relatively low-priced options
The conservative bankers’ bank says that the future economic landscape could look like the one that materialised after the Second World War
Forget bank robbers, it’s hackers who are after your money