The Corona virus seems to have knocked the bottom out of the Indian economy that suffered the steepest fall. The country’s GDP contracted by 23.9 per cent in the April - June quarter. INDIA BEGAN PUBLISHING quarterly figures on the economy from 1996. This is the sharpest contraction in GDP since
When Mukesh Ambani rushed to meet Jaganmohan…
AP Chief Minister Jaganmohan offering a Rajya Sabha seat to the President of Reliance Industries Group, Parimal Nathwani, appears a master-stroke. AP CM Jaganmohan Reddy has been through tough times. The state’s finances are not in great shape. His predecessor, Chandrababu Naidu, quit the NDA alliance blaming, the Centre for not
Sailing off-course
IE has been pointing to the sharp focus on research in applied economics in east and north India. Both the two Nobel Prize winners in Economics of Indian origin hailed from West Bengal. Delhi has several applied economics institutes. The record of the southern universities and colleges has been unflattering with
Is the world in a recession?
Thus they spoke…
Jaidit Brar, Senior partner at McKinsey & Company Volatility in the last two decades has been greater than in the last 100 years. The sweet spot of success will be obtained at the intersection of innovation, creation and investment. Suresh Raman, Head Chennai Operations, TCS There will be a Chief Robot Welfare
Lessons from running a NPO
From a six by six cubicle with employees playing musical chairs, to being in positioning in 14 states, the growth of Academy has not been just numerical! I was recently at the annual conference of one of India’s skill development organisations, the ICT Academy. A private initiative with governmental support, it
Textile industry to the fore
Tamil Nadu is home to a wide range of textile products, from the rich traditional handlooms to the sunrise segment of technical textiles. The handloom industry is the most critical cottage industry employing 1.89 lakh weaver households (7 per cent) and 3.19 lakh weavers (8 per cent), against the total of
‘Picture Abhi Baaki Hai.’
Nirav Modi said ‘I LoU Bank,’ and Punjab National Bank fell for it hook, line and sinker. While love was still in the air on 14 February 2018, Punjab National Bank disclosed fraudulent transactions totalling Rs. 11,000 plus crore at its Mumbai branch. Scams, including this one, have accelerated the rankings