Long working hours, earnings that fall short of meeting household expenses, arbitrary deactivation and blocking of identity (ID) by platforms, and high physical and mental stress are among the major issues plaguing workers of the booming gig economy in India, a report based on a survey has found. Nearly 83 per cent cab drivers reported working for more than 10 hours in a day, while 78 per cent delivery personnel worked for the same duration, showed the report released on Monday, titled "Prisoners on Wheels" and based on a survey by the University of Pennsylvania and the Indian Federation of App-Based Transport Workers (IFAT).
Market players attribute the rally in small and midcaps to flows from retail investors and domestic institutions.
Local language information technology application market is likely to touch a revenue of $64 million by 2005 from the current $11 million, according to a study by Frost & Sullivan.
Demand for gold in India, the world's biggest market, has risen sharply with the wedding season in full swing.\n\n\n\n
Neither the batting has worked nor has the bowling clicked in the two matches played so far.
While super hits like Jawaan are missing this year, it has been filled with a range of medium-range hits such as Crew, Teri Baaton Ne Uljhaa Diya and Guntur Kaaram, observes Vanita Kohli-Khandekar.
The coaching-tuition-profiteering model built on the back of a broken education system is a scandal and an abomination, and must go, asserts Shekhar Gupta.
'The world is yet to watch him, show his prowess as a batter, but given the chance he will do a great job.'
Like every year speculation is rife on who the contestants of Bigg Boss Season 8 will be? While the Colors channel is tight lipped about the final list, we have managed to source the list of most likely contestants who will be locked inside the house.
A peek into the industry that is mobile apps and its future in India.
Rediff.com contributor Anita Katyal explains why the Congress is ill-equipped to battle the Narendra Modi government in the forthcoming Budget session of Parliament.
Velammal Institutions is the catalysing force behind this chess revolution in Chennai
Do you think Rashid Khan, Kagiso Rabada, Jasprit Bumrah and Jofra Archer can do the job for my team?
Travelling has become a hassle-free and safe experience in India thanks to radio cabs.
Car sales in terms of numbers in India in the just-concluded financial year (2013-14) have gone down in over a decade, confirming once again the extent of the economic slowdown.
India's first $1 trillion company by market capitalisation (mcap) is achievable by 2032 and HDFC Bank and Reliance Industries (RIL) are seen as lead contenders, ICICI Securities said in a note on Monday. To achieve this, the shares of both the firms will have to appreciate at least 20 per cent annually for the next decade. ICICI Securities believes this is possible if India's gross domestic product (GDP) growth accelerates to 9 per cent per annum and corporate profitability cycle peaks. "Our calculations suggest that India's first $1 trillion mcap stock could emerge by 2032.
Real estate players also report an increase in demand from the IT sector.
'A cutback in hiring and compensation growth by IT companies will have a significant impact on consumer demand, especially in the urban sector of the economy.'
The three-day discount sale launched by domestic airlines have boosted forward bookings of carriers in February and March, a lean season for travel.
Q3 will be better than the second, say bankers and builders.
Globally, most headhunters are down 40-50 per cent in revenue. But India, it seems, is ahead of the curve.
Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping?
Manufacturing sector, which accounts for two-thirds of the industrial production, recorded a growth of 7.3 per cent in June indicating return of consumer demand in the market.
India's entertainment and media (E&M) industry may grow by 10.5 per cent cumulatively next five years, to touch Rs 92,950 crore (Rs 929.50 billion), a PriceWaterhouseCoopers report said on Wednesday.
The International Monetary Fund on Wednesday raised India's growth forecast to 5.4 per cent for 2009 and said that the global economy is beginning to pull out of a recession.
Questions that the state had come to recognise over time but consistently delayed treating seriously because doing so requires an overhaul of perspective and lifestyle, notes Shyam G Menon.
Liquidity-starved sectors such as infrastructure and realty could be the biggest beneficiaries of the vote of confidence for the UPA.
The International Olympic Committee's financial reserves edged close to one billion dollars in 2012 up from just $105 million (67 million pounds) when outgoing president Jacques Rogge took over 12 years ago, he said in his final report on Sunday.
Highlighting the tremendous scope for the hospitality sector in the coming year, a top government official today said there would be immense opportunities during the Commonwealth Games.
H S Prannoy lost a three-game thriller to China's Weng Hong Yang in the men's singles final.
The 12.5 per cent EM outperformance this year is surprising. As any market strategist will tell you -- in times of stress when safe haven trades are in fashion, emerging markets typically fall faster than developed ones as investors switch out of what they deem to be riskier assets.
On Govinda's 60th birthday on December 21, Subhash K Jha looks back at his top 10 songs.
Metal and mining companies, such as Tata Steel, JSW Steel, Hindalco, and Coal India, have been among the top-performing sectors on the bourses in recent months. The S&P BSE Metal Index is up 13 per cent in the past three months, rallying 29 per cent in the past year, outperforming the broader market. For comparison, the benchmark S&P BSE Sensex has only seen a 1.7 per cent increase in the past three months, with a 15 per cent gain since the end of September last year.
With import duty on gold raised to 8 per cent, smugglers are back at work.
The direction of gold prices will depend on central banks, bullion banks and leveraged hedge funds.
He alleged that besides Modi and Shah, Finance Minister Nirmala Sitharaman had also commented on the stock markets ahead of elections, which has never happened in the past.
With the GDP of India predicted to be in between 8-9 per cent this year, the over 300 million middle class population was set to spearhead the growth of the non-woven and technical textile industry, Dr Ramkumar Seshadri, Texas Tech University, said in an analysis.
Nikkei 225 index hit the 40,000 mark for the first time ever on Monday, continuing its bull-run that saw the index reclaim its 1989 peak of 34,000 levels in February. as global investors latched on to Japan's biggest companies on improving shareholder returns, the weaker yen and booming corporate profits. Analysts remain bullish on Japan, mostly aided by gains in technology shares. Adoption of artificial intelligence (AI), according to a note by Morgan Stanley, is likely to benefit Japanese companies, which is almost at par with the US-based companies.
Equity fundraising through qualified institutional placements (QIPs) has gained traction, thanks to supportive equity markets and the need for fresh fundraising to meet capital expenditure (capex) requirements.
