Once branded a "third world country", a term used for poor developing countries, India is now among the largest economies of the world. It is the world's fifth largest economy by nominal GDP and the third largest by purchasing power parity (PPP). India has emerged as th...
“The war in Ukraine, lockdowns in China, supply-chain disruptions, and the risk of stagflation are hammering growth. For many countries, recession will be hard to avoid,” is how the World Bank President David Malpass has summed up the crisis of the present world economy. The World Bank’s&...
“Education is not the learning of facts, but the training of the mind to think” says Albert Einstein, one of the greatest physicists of all time. That is, education is not just the possession of degrees but developing new ways of learning that would leave a lasting effect on a person and on soci...
India has become the third largest startup ecosystem in the world after the US and China. According to the Economic Survey 2022 the government has recognised more than 14,000 new startups in 2021-22 against 733 in 2016-17. The total number of recognised startups in the country is now estimated at a ...
India has hailed the Union Budget 2022-23. Most analysts consider it to have maintained a balance between growth and social security. With over 35% increase in capital expenditure and proposed infrastructure spending of more than `10 lakh crore in Budget 2022-23, Nirmala Sitharaman has once again re...
The Covid-19 pandemic has increased global food insecurity in almost every country by reducing incomes and disrupting food supply chains. The pandemic created devastating effects on global hunger and poverty, especially, on the poor and the vulnerable populations. A July 2021 report by five UN agenc...
The Indian automotive industry has entered into 2022 with a lot of hopes and positive mindset - leaving behind the agony of the last two years. Backed by a buoyant demand in the passenger vehicle segment despite continuing rises in commodity prices, automobile makers are upbeat to embrace new techno...
Will 2021 be the turning point for tackling climate change? Many think it could be. World leaders gathered in Glasgow last October-November for the successor to the landmark Paris meeting of 2015. Paris was important because it was the first time when virtually all the nations of the world came...
It’s festival time now and India is busy celebrating two of its biggest festivals - Durga puja/Dussehra and Diwali. Like last year, this year too Durga puja was not about hopping pandals and meeting friends and families to exchange greetings. It was partly virtual and about being there and celebra...
“Big things have small beginnings.” If this famous quote of T E Lawrence referred to the impact of a small Bedouin army on the war against the Turks in Lawrence of Arabia, it is equally true in today’s busy and competitive environment. Admittedly, a small business unit rarely turns out to be a...