Expert-Speak

After contracting by 7.1 per cent in 2020, India's gross domestic product (GDP) is likely to grow 12 per cent in 2021 as near-term prospects have turned more favourable, Moody's Analytics said. Hit by the COVID-19 pandemic and the subsequent nationwide lockdown to control the spread of infections, Indian economy contracted by 24.4 per cent in April-June 2020 and 7.3...

By Deepak Choudhhary. Investment Guru, CEO - Insurance4Life. Covid-19 pandemic brought personal financial matters under scrutiny as never before. More Indians understood the limitations of their investment strategies and realised that the financial health has a profound impact on their well-being. A survey “Wealth & well-being” conducted by Scripbox, a digital wealth management service provider, headquartered in Mumbai, last July shows that Indians...

In light of the recent budget announcement on Vehicle Scrappage Policy and expectations on various policy regulations and notifications, the Society of Indian Automobile Manufacturers (SIAM) today conducted its 10th Lecture Series on, “Imperatives of ELV Recycling: Indian ELVs Guidelines & Basel Ban Amendment 2019”, virtually in New Delhi. With a focus on sustainable material management and environmentally safe disposals,...

Indian Government has a Ministry of Commerce & Industry to safeguard the matters related to Commerce & Industry. As these matters are multidimensional, multi-layered, complicated and complex, its issues need to be addressed at various levels. While Ministries look after the well-being of Industry, Chambers of Commerce & Industry act as a watchdog for the industry. These are not-for-profit organisations,...

By Dr.Suruchi Goyal, Consultant - Paediatrics and Paediatric Endocrinology, Columbia Asia Hospital Whitefield Maria was happy that she could take time off from looking after her baby, whilst her baby slept. Her little one had a set routine of naps! 2 months into this set routine Maria noted a sudden change: her baby had shorter naps with erratic patterns. The...

Union Agriculture and Farmers’ Welfare Minister Narendra Singh Tomar on Tuesday said that the production of foodgrains in the country surged over 18 per cent in the past five years with a rise in productivity by 15 per cent. He reiterated that India registered a positive growth rate even during the Covid-19 pandemic. Addressing the 16th Meeting of the General...

Finance Minister Nirmala Sitharaman on Friday said the Budget is aimed at making India self-reliant and provides a strong stimulus for medium to long term sustainable high growth. While replying to the discussion on the Budget 2021-22, the minister also attacked former finance minister and senior Congress leader P Chidambaram for suspecting the Budget numbers. She, however did not...

Almost three decades ago, Sunil Vachani borrowed $35,000 so he could start making 14-inch television sets in a rented shed outside New Delhi. It was an unconventional choice given India, though renowned for software and services, had long lagged behind in manufacturing. Today, Vachani's startup has grown into a sprawling electronics empire. His Dixon Technologies boasts a market value of...

A new world order will take shape after the coronavirus pandemic and India will have a major role to play in it, Prime Minister Narendra Modi said on Saturday at a meeting of the BJP-led National Democratic Alliance (NDA) which governs at the centre. "Addressing the meeting of NDA leaders, Prime Minister Shri @NarendraModi ji today said that after the...

Government is likely to predict economic growth of 11 per cent in the fiscal year beginning April 1 in its annual economic survey later on Friday, a source said, betting on a sharp recovery from the pandemic-induced slump this year. The economy, which the International Monetary Fund singled out as a global bright spot only a few years ago, is...