Lot of consolidation happening in cement industry at a faster pace: HM Bangur, Shree Cement

Lot of consolidation happening in cement industry at a faster pace: HM Bangur, Shree Cement

“One thing you will notice that in India no cement company has ever given any loss to the bank, no haircut. All cement companies have gone at a higher rate than what their debt was. So, it is a very clear that cement buyers are there quite a lot,” says HM Bangur, Chairman, Shree Cement.What … Read more

More senior citizens to be covered for pension benefits in Modi 3.0: Report

More senior citizens to be covered for pension benefits in Modi 3.0: Report

Top government officials are already getting a policy blueprint ready for different sectors much ahead the upcoming term of the NDA government, led by PM Narendra Modi. If the NDA government gets elected in the upcoming Lok Sabha elections, it would be its third term in a row. The detailed plan for the next term … Read more

Boris Johnson Wants Scope to Boost Government Intervention, Rattling Brexit Talks

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For decades, Britain’s Conservative Party politicians decried the European Union for its supposed aversion to free markets. Now trade negotiations that will define the future relationship between the U.K. and the EU from next year have stalled, in large part because Prime Minister Boris Johnson’s government wants the freedom to ignore EU rules limiting state … Read more

In the Covid-19 Recession, Europe Props Up Jobs While the U.S. Props Up Workers

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Karren Madere and Andrea Knebel are both victims of the Covid-19 recession. Ms. Madere was laid off in June from her job at a travel-management company, where she negotiated hotel-room rates for corporate clients. Ms. Knebel was sent home in April from her job as a business consultant at an auto-parts factory. Ms. Madere, 61 … Read more