'As a nation, we create beautiful content and a high volume of it (films) but we are limited by the number of theatres and screen density.' 'You now have a living-room large screen available to showcase that.'
Indian Pharmaceutical Alliance (IPA) on Friday said US President Donald Trump's move to impose 100 per cent import tariffs on pharmaceutical drugs from October 1 will impact only patented and branded products, not generic medicines.
'Two in three creators in India who earn money from YouTube agree that YouTube is their primary source of revenue.'
Online video platform YouTube's ecosystem has contributed over Rs 10,000 crore to India's GDP and supported more than 7.5 lakh full-time equivalent jobs in the country, according to a report. In India, over 4,500 channels had over 10 lakh subscribers and the number of YouTube channels in India making Rs 1 lakh or more in their annual revenue increased by over 60 per cent year-over-year in 2021, the YouTube Impact Report based on analysis by Oxford Economics said. "YouTube's creative ecosystem contributed over Rs 10,000 crore and supported more than 7,50,000 full-time equivalent jobs in the Indian economy in 2021. "That economic impact shows up in four ways, through direct, indirect, induced, and catalytic impacts," the report said.
'The FY2023 inflation outcome is likely to exceed the RBI's current forecast by a wide margin.'
Global forecasting firm Oxford Economics on Monday revised downwards its India GDP growth forecast for 2021 to 10.2 per cent from 11.8 per cent previously, citing the country's escalating health burden, faltering vaccination rate and lack of a convincing government strategy to contain the pandemic. Oxford Economics also said that notwithstanding the likelihood of further mobility restrictions, it expects India's targeted lockdown approach, less stringent restrictions, and resilient consumer and business behaviour to mitigate the economic impact of the second wave.
'We continue to believe that the global economy will narrowly avoid a recession, despite expecting the US, Canada, and most of Europe to fall into recession at some point over the next year or so.'
Ever since the credit crunch surfaced in late 2007, there has been a dramatic fall in the prices of financial assets amounting to a total wealth erosion of $28 trillion across the world, economic forecasting consultancy Oxford Economics has said.
'The outlook for private investment, which has been such a weak link for India for so long, remains challenging.'
'Vaccination is very important for an economy to start functioning properly.'
In 10 years, we will have two college-trained aspirants for every job.
'We have lived through 10% plus inflation in India and we are aware of the economic pitfall.' 'With the RBI now having formally adopted an inflation target range, they cannot turn a blind eye to the impending risks.'
According to international research firm Oxford Economics, China is finding it difficult to gain momentum in terms of exports of manufacturing goods due to the sluggish demand in developed economies. China, one of the fastest growing economies, is dependent on exports of manufactured goods, and the same is 'now acting as a drag on the country and could pull down its growth rate'.
The global construction market is expected to soar to a size of $12.7 trillion by 2020 with the sector output likely to rise sharply over the next decade driven by emerging markets like India, China and Brazil, a report says.
'In 2016, we had De-Mon and in 2017, we had GST.' 'The combined impact of these two started showing up in 2019 and 2020.' 'COVID-19 only added insult to injury.'
Besides Surat, which will also be the world's fastest growing city during 2019-35, the other nine cities are Agra, Bengaluru Hyderabad, Nagpur, Tiruppur, Rajkot, Tiruchirappalli, Chennai and Vijayawada.
'India is in a slowdown which most of us have not seen in our living memory.'
Apoorve Dubey lists out the 15 things that will make you a successful entrepreneur.