Calling for 'fundamental restructuring' to put India back on its growth trajectory, McKinsey said on Wednesday that the country will run out of capital to support economic expansion.
Isha and Akash, 23, were appointed to the boards of Reliance Jio Infocomm Ltd and Reliance Retail Ventures Ltd, the company said.
Increasing personal incomes, addition of healthcare facilities and deeper penetration of health insurance will see India's pharmaceutical market triple to touch $20 billion in a decade, global consulting firm McKinsey said.
The highest domestic package, however, fell 10 per cent
Economic slowdown fails to dent luxury car sales.
Move to urban living is lifting the incomes of millions of people around the world.
Over the past three decades, a global labour market started taking shape.
Major international luxury goods manufacturers are riding high in China with the luxury goods market booming, despite a slowdown in economic growth.
The presence of top American companies like Microsoft, Cisco and McKinsey in Bengaluru seem to be motivating terror groups to repeatedly target the IT city as it gives them instant publicity globally and acts to thwart foreign investment there.
New cities -- mostly from India, China and Latin America will either be added to the list or will improve their rankings.
McKinsey Global says these cities would generate about 47 per cent of expected global GDP by 2025.
The former Google chief executive officer said he witnessed the creative potential of India's people all around him in Silicon Valley where India-born entrepreneurs account for 40 per cent of start-ups.
One hundred years from now, of course, I expect Tata to be much bigger and more global than it is now.
Over 36 per cent of the 1,630 executives surveyed in India in March this year expected an upturn in the global economy by the end of 2009, as against 34 per cent of North American business executives and 32 per cent of Chinese. Asia-Pacific and Europe recorded 28 per cent and 24 per cent on the hope meter. However, about 62 per cent of Indians surveyed expected the world economy to rebound only by 2010 or later.
Justice Ruth Bader Ginsburg, who handles emergency applications from the 2nd Circuit, on Wednesday denied Gupta's request to stay out of prison.
'The digital economy will generate 60 to 65 million jobs by 2025, 20 million more than the 40 to 45 million existing jobs that are in danger of disappearing or getting automated,' points out T N Ninan.
Economy to grow 6.5% in 2016 on better macro conditions, says Mckinsey.
Based on Foshan's projected GDP growth from 2010 to 2025, Foreign Policy and the McKinsey Global Institute ranked it as the world's 13th most dynamic city.
'The reality is no one, including some of the names that have shown up in the last few weeks, have any unilateral decision-making power in this,' Facebook India MD Ajit Mohan tells Peerzada Abrar.
Of these, 150 million have not even completed primary education. Providing job-relevant vocational skills to these workers is a unique challenge that India faces, said the report.Vocational education from the secondary school level should be pursued, and efforts should be made to retrain 285 million adult workers with just primary schooling or less, according to Anu Madgavkar, senior fellow, McKinsey Global Institute.
Defense strategy seems to relying on three basic arguments.
The Indian School of Business-Hyderabad recently celebrated its tenth anniversary. We trace the school's successful journey over the years and find out why it's so special.
According to McKinsey & Company's June Economic Conditions Snapshot, executives' expectations for their national economies have declined since March and some respondents expect worsening conditions over the rest of 2011.
The e-commerce firm recruited 18 post graduate students.
Upskilling would not only improve chances of employability but would also increase the scope of jobs based on skills they have acquired over a period of time, says Akhand Swaroop Pandit, co-founder and CEO, The Catalyst Group.
Working individuals spend two-and-a-half hours on an average writing emails every day, a new study has found, suggesting changes in the way people use computers that could make them 25 per cent more productive.
The developing-region cities of the City 600 will be home to an estimated 235 million middle-class households earning more than $20,000 a year at purchasing power parity (PPP) by 2025, points out a McKinsey study which maps the economic power of cities.
Whether one likes it or not, services constitute the value-addition sector that the country has to build on, using its comparative advantage in infotech and related skills, suggests T N Ninan.
The $55 billion Remote Infrastructure Management business is on the topmost agenda of an increasing number of Fortune 500 companies and Global 500 enterprises.
The issue of urbanization, if not addressed immediately, might lead to serious repercussions for major Indian cities and potential deterioration in quality of life, strain on resources and reduced investments in India's urban centres, according to a 21-month-long study conducted by the McKinsey Global Institute.
Asia would become a major hub for corporate and investment banking in five years, according to a report released by McKinsey.
Of the 1,145 offers made this year, consulting firms made up 34 per cent, followed by banking, financial services and insurance, pharma/healthcare, IT/ITeS and FMCG/retail.
With the recent proliferation of cyberattacks, corporate executives need to devote increasing attention to protecting information assets and on-line operations, said a report released on Monday by the World Economic Forum.
It has been clear for a while that India needs manufacturing - and it may be true that global manufacturing needs India as well. Time to strike while the iron is hot, say Rajat Dhawan, Anu Madgavkar and Sree Ramaswamy.
As many as 7 per cent of bank account holders in the country are using the Internet for banking transactions, while branch banking has fallen by a full 15 percentage points, according to a report by global management consultancy McKinsey & Company.
Branch usage has dropped by 27 per cent on an average across Asia between 2007 and 2011.
Those in India remain the world's most confident executives while outperforming the global average by a decent ten points, McKinsey said.
With all the brouhaha over GST, and (often) a limited understanding of the long-term forces shaping India's logistics sector, companies seem to have omitted factoring in some underlying trends that could shape supply chain excellence, says Neelesh Mundra.
Some of the world's richest cities are also the most populous.
