A large section of the global young population led by India is confident of their future despite lower salaries and the possibility of a further hit on jobs and income due to the Covid-19 pandemic as they are prepared to adopt to a new world to work harder and use digital technologies, a survey by … Read more
NEW DELHI: India’s smartphone shipments in the premium segment (over Rs 30,000) declined 32 per cent year-on-year to over 1 million in June 2020 quarter on account of disruption related to the COVID-19 pandemic, according to Counterpoint Research. Counterpoint Research, in a report, said the nationwide lockdown of almost 40 days led to almost zero … Read more
LUCKNOW: Uttar Pradesh is eyeing grabbing a major share in the world supply of select product categories totalling more than $260 billion in world exports, thus taking advantage of the “geo-politcal disturbances” that are disrupting the China-dominated supply chains of these products. The state has roped in PricewaterhouseCoopers and has identified seven such product categories … Read more
By Raghuram RajanThe Covid-19 pandemic will create, perhaps, the most significant economic challenge for India in my memory. It does not help that GoI has allowed legacy problems to fester, leaving us ill-prepared to face the pandemic. One such problem is bad bank loans, euphemistically called ‘non-performing assets’ (NPAs).In his insightful new book, The Quest … Read more
KOLKATA: Textiles Minister Smriti Irani on Saturday said that the COVID-19 pandemic has thrown up opportunities and the sector should commercialise this scope. She said that the textiles sector is always looking for subsidy but one should keep in mind that subsidy is taxpayers’ money. “There is a need to see opportunities and not wait … Read more
Wipro has more at stake in the November 3 US presidential elections than just techie visasWith the current Donald Trump administration bringing in changes to Obamacare, HPS has incurred losses, dragging down Wipro’s healthcare business. Source link
KOLKATA: After deciding to privatise 151 passenger trains, the Centre is planning to auction railway stations to private players after modernising the facilities, Union Minister Piyush Goyal said on Monday. Addressing a webinar organised by the Merchants’ Chamber of Commerce and Industry (MCCI) here, the Union railway minister said the bids for privatising the trains … Read more
NEW DELHI: There has been no impact of COVID-19 pandemic on kharif (summer) sowing as the total area planted to rice and other crops has increased by 21.20 per cent to 691.86 lakh hectare so far in the current season, the Agriculture Ministry said on Friday. The country has so far received good rainfall and … Read more
A meeting of Congress Lok Sabha MPs called by party president Sonia Gandhi to discuss the COVID-19 pandemic and the political situation in the country was dominated by calls for Rahul Gandhi to take over as the party chief on Saturday. The demand was first raised by party chief whip in Lok Sabha K Suresh … Read more