'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
Berkshire Hathaway annual meetings are most awaited.
The news that Welspun has run into trouble with one of its biggest US-based clients has stressed its suppliers and investors alike
Exporters say their capacity utilisation has reached almost 70 per cent and that big firms have brought it up to as high as 85 per cent.
However, in recent times, the clout that trader bodies such as CAIT and other organisations like Swadeshi Jagran Manch and Laghu Udyog Bharati has is steadily increasing. Earlier this year, trader bodies were able to convince the government not to extend the deadline for implementation of the new norms in FDI policy on e-commerce.
The market price action seems to point in this direction. Let's hope we finally break out. It is about time! asserts Akash Prakash.
Stock market minnows put up a stellar show in 2021 giving returns of up to 60 per cent amid Dalal Street dream run and are likely to continue sailing northwards in the New Year too. Trumping pandemic-induced uncertainties, the Indian equity market posted stunning gains this year achieving several feats and smaller stocks benefited the most from the strong momentum. From reaching the momentous 50,000-mark in January to scaling 61,000-level in October, the BSE Sensex had an epic journey this year.
'When Covid first struck, the lockdown resulted in clean air in major Indian cities.' 'You were able to see the Himalayan range from Ludhiana.' 'In Delhi, you were seeing deer and stags all over the city because there was no traffic.' 'It was incredible. Nature was waiting to come back.'
With India's imports exceeding exports, weak rupee does more harm than good. Analysts, however, say that rupee depriciation is positive for export-oriented sectors such as IT services, pharmaceuticals, textiles and automobiles
In fact, India stands to gain in sectors such as textiles, handicrafts, chemicals and pharmaceutical from its trade with the Asean economies.
In the fourth part of this series on North East Indian fashion designers and their struggles to attain success and visibility, Atsu Sekhose says he defines his success mantra as "repeat customers + good sales."
Harvinder S Anand, who graduated as a chemical engineer from Punjab University, Chandigarh, is the president of Royce International, a multi-national corporation.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Dhirubhai Ambani lived in a one-room chawl in Mumbai with his wife and children and went on to establish the Reliance Group.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
'What's extremely important is to be unique and find your own signature style.'
Shashwat Goenka of the RP-Sanjiv Goenka group plans a high-decibel campaign around its young apparel brand 2Bme.
The prime minister is likely to talk about its possible extension.
Reliance had been trying to bring the brand back to the forefront recently, after years of lull, through new ad campaigns highlighting a youthful range, called Unformal, in workwear.
The Election Commission will hold the 2019 general election under Arora .
The product was banned for export earlier, but has now been moved to the restricted category, under which an exporter would have to seek a licence from the government for shipments.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Our concern is about today and there is nothing in the Budget for the MSME sector to feel positive right now.'
In less than two months since the announcement in March, the state has mobilised an armada of small and medium enterprises keen on making components for large equipment manufacturers.
Rather than focussing on manufacturing, Indian companies need to concentrate on conceiving, designing and branding products.
Latha Nair, partner at K&S Partners, examines what constitutes a GI tag and what the gaps in the Indian GI law are.
Celebs follow a template for their special day -- an intimate ceremony with few people and a keen eye for a touch of luxury in every aspect.
Leading businessmen from India and Pakistan on Monday called for closer commercial ties between the two countries and said commerce could well turn out to the harbinger of peace in the Subcontinent.
Ajit Balakrishnan envisions a flag to capture the spirit of the impending conflicts of the Information Age.
The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.
Tesco was the first global retailer to apply for multi- brand retailing in India.
Panagariya also pointed out that COVID-19 pandemic may lead to integration of global labour market.
Nandigram, 126 km south of Kolkata, is Suvendu Adhikari's bastion, where he has vowed to defeat Mamata Banerjee by 50,000 votes or quit politics.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Natco Pharma, Wockhardt and Marksans have rallied between 50 and 70 per cent in the year till date.
In order to be competitive, the companies should now add value to their services and innovate ways to become efficient. With the continuing onslaught of the global financial crisis, companies are turning to large-scale lay-offs to cut cost and tide over the crisis.