Government’s announcements of 9 structural and 5 process reforms to remove bottlenecks of the industry; while industry will gain, customers likely to be biggest beneficiaries. Government’s much needed relief package for the telecom sector is being hailed as a major reform and is expected to revive the sector. It was long overdue especially at a time […]
The Vehicle Scrappage Policy is offering many incentives to buyers in the form of tax and registration exemptions while aiming to bring down cost of vehicles. While, environment is a consideration, cost advantage for average owner will be a major play. India’s much awaited vehicle scrappage policy was launched last month with an aim to phase out old […]
The current growth is on a low base of previous year during the corresponding quarter after the economy went to a standstill because of nationwide lockdown The Government announced estimates of the Gross Domestic Product (GDP) of the country for the April-June quarter of the financial year (FY) 2021-22 (April-March) which shows a record increase […]
Success of Zomato’s IPO indicates a paradigm shift which will usher an era of the new age investors and entrepreneurs. It will give opportunities to the founders with not so deep pockets to scale and flourish India’s largest food delivery service Zomato made a stellar debut on the stock exchanges BSE and NSE on 23 […]
Urban demand reflected in high frequency indicators like electricity consumption, railway freight traffic, port cargo, steel consumption, cement production, e-way bills and toll collections – recorded sequential moderation in April-May as manufacturing and services get hit due to second wave The latest Gross Domestic Product (GDP) numbers released by the Government for the financial year […]
By allowing phase-wise implementation, exempting small jewellers and ensuring non-coercive action on failure to meet deadline, government has balanced the interests of all stakeholders. India has now made it mandatory for jewellers to sell only hallmarked jewellery, which is a significant step towards making the sector more organised. This is also a win-win situation for […]
Despite challenges, India has been aggressively pursuing its ethanol blending programme and this is reflected in its decision to advance E20 fuel rollout; with this one move, government aims to achieve multiple objectives – clean fuel, energy security, lower import bills and better remuneration for sugarcane farmers India’s resolve to use cleaner vehicular fuel has […]
Changes undertaken by Sebi were much needed and timely and will bring paradigm shift in the ways companies conduct their affairs; decision on InvITs, REITs to usher new opportunities for companies, retail investors Securities and Exchange Board of India (Sebi) has undertaken some major reforms by amending rules related to appointment, reappointment, removal or resignation of Independent Directors on listed company’s board. It has also changed […]
Thanks to automotive semiconductor ICs that modern cars come with high-end functionalities like navigation control, infotainment systems, collision detection systems, 3D mapping applications, augmented-reality technologies and so much more Semi-conductor shortage is posing a great challenge for the global automobile industry and the Indian industry is also feeling the heat. Dealers’ organisation – Federation of Automobile Dealers Associations (FADA) has […]
It has been indicated by the RBI that the food inflation trajectory will shape the near-term outlook of the inflation; the rise in crude oil prices may create inflationary pressure, going forward. The prices of diesel and petrol increased for the 12-straight day when this piece was being written. Thanks to the crude oil prices […]
