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Budget: Government must explain the numbers

'Nirmalaji's Budget announcements have long-term implications and are not backed by enough money when the short-term outlook looks bleak', notes T N C Rajagopalan. Illustration: Dominic......

Domestic firms eye defence sector; plan to cut imports

The ministry of defence has set a goal of $26 billion, including export of $7 billion for the industry by 2025-26 through its Defence Production Policy 2018. Despite a marginal 6 per cent rise in......

AGR woes: What if Vodafone Idea is forced to shut down

The social impact of this could be worse as 300 million subscribers may face the annoyance of network shutdown and churn. A possible default by Vodafone Idea (Voda-Idea) in paying its adjusted......

Air India sale likely in first half of FY21

The airline's 100 per cent shareholding in profit-making budget carrier Air India Express as well as 50 per cent shareholding in equal joint venture Air India SATS Airport Services would also be......

'Getting rid of tax exemptions is a right move'

'If you do quick back-of-the-envelope calculation, someone earning Rs 10 lakh can get a benefit of anywhere between Rs 35,000 and Rs 45,000, even if s/he is availing exemptions.''A large proportion......
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Report

2020 07:39:50 PM New Delhi, Feb 26 (IANS): The introduction of 5G iPhones later this year would serve as a catalyst that can accelerate Apple... ...

https://www.daijiworld.com/news/newsDisplay.aspx?newsID=678576
Crisil

Raw material cost has started moderating because of the outbreak of coronavirus. By Sutanuka Ghosal , ET Bureau | Last Updated: Feb 26, 2020, 02.16... ...

https://economictimes.indiatimes.com/markets/commodities/news/operating-profits-of-polyester-yarn-firms-to-rise-15-20-in-fy21-crisil/articleshow/74316074.cms
Polyester yarn makers to see 15-20% rise in operating profit in FY21

Microfactories will build a circular economy for waste management: Veena Sahajwalla ...

https://www.thehindubusinessline.com/companies/polyester-yarn-makers-to-see-15-20-rise-in-operating-profit-in-fy21/article30920584.ece
#39;Pace of economic slowdown has fallen but recovery still not visible#39

A serious recovery in the auto sector will be around the festival season, during the third quarter of the next financial year FY21, says Shailendra... ...

https://www.moneycontrol.com/news/market-outlook/39paceeconomic-slowdown-has-fallenrecovery-still-not-visible39_13529801.html
Private banks set to hire nearly 1 lakh people in FY21

"Private banks are focusing more on retail businesses for which they need branch-level people,” said Ajay Shah, a vice-president and the head of... ...

https://economictimes.indiatimes.com/markets/stocks/news/private-banks-set-to-hire-nearly-1-lakh-people-in-fy21/articleshow/74308326.cms

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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