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Coffee crops hit by recent rains

For two years 2016-17 and 2017-18 there was a fall in production of coffee. While domestic consumption doubled over a decade, according to the Coffee Board, exports have not been promising. The recent extensive damage caused by rains predict a steep fall in production of coffee in the coming season. “There

Corporate Reports – SAIL, Schwing Stetter, TVS Motors

Improved margins for SAIL The persistent strategic approach helped SAIL to strengthen the EBIDTA to Rs.5184 crore in 2017-18, a substantial increase over 2016-17, said Saraswati Prasad, CMD, SAIL. SAIL achieved its highest ever production of hot metal of 15.983 MT, crude steel of 15.021 MT and saleable steel of 14.071 MT.

Stinging Sterlite

Tamil Nadu’s economy has not been in the pink of health. The emphasis on welfare, through populist schemes, has not been backed by the massive increases in revenue. In recent years, there have not been big-ticket investments necessary for accelerating industrial and employment growth. Continuing large deficits, both revenue and

Will ‘bad banks’ create good banks?

The bad bank is a differentiated bank, dealing only with NPAs. No, it’s not a bank that is evil.\ India’s bad loan problem has become alarming. The stress sits at Rs.14 lakh crore; meaning there is now no certainty of receiving repayment of that amount. So even if the account is

JUDGES, JUDGE YOURSELF

India’s democracy stood the test of time while a neighboring state slipped into the thraldom of military rule. This was because in our country the Executive, Legislature, and Judiciary have respected each other and knew where to draw the line. The Indian politicians, as a class, have generally not lived

WALMART WEDS FLIPKART

It is the season for royal weddings. On 19 May 2018, Prince Henry of Wales married Ms. Meghan Markle at St George’s Chapel, Windsor. Elsewhere, the Kart entered the Mart when Walmart entered into wedlock with Flipkart. It may not have captured the same attention as the English wedding, but this marriage

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