The government is drawing up a relief package for industry with steps such as relaxation of asset-classification norms by banks, thus allowing companies to delay the repayment of loans, and tax holidays for the worst-hit sectors like aviation and hospitality. But it might not be enough to stop more bankruptcies from getting filed.
Harvinder S Anand, who graduated as a chemical engineer from Punjab University, Chandigarh, is the president of Royce International, a multi-national corporation.
Exports to Europe shrank by near 2 per cent in the 11 months.
In a sectoral analysis of exports, the Confederation of Indian Industries said India needs to become among the top three exporters in the world in four sectors -- textile, leather, gems and jewellery and engineering. It said exports to new markets of Latin America and Caribbean and Africa should be given a push for achieving the $500 billion by 2013.
'Stumbling blocks teach a lot and should be taken as stepping stones.'
'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.
Paramount Airways claims to have a break even, as other Indian carriers are facing losses.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The government plans to start 100 centres in two years, which will also become a career counselling centre for job-seekers.
Union Textile Minister Shankersinh Vaghela inaugurated the Rs 4 crore (Rs 40 million) plant, with a production capacity of 800 pairs of trousers per shift, at Vaagarai.
Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.
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.
After the Bt Cotton boom, Indian farmers are all set to reap rich dividends from a slump in cotton spinning in Britain.
A 20-year-old Kshamaya Daniel has her first experience of an Indian fashion week. She survives it to pen this photo diary of her colourful, adrenaline-packed experiences.
Sonu Nigam, Mahima Chaudhary, Lesle Lewis and chef Sanjeev Kapoor attended the event.
'It is not with feelings of devotion or piety that these people are gathering.' 'It is mostly with emotions of hatred.' 'Listen to their slogans and their rhetoric and this becomes immediately clear,' says Aakar Patel.
Television's swish set walk the red carpet.
Ajit Balakrishnan on how the Web could return to its original egalitarian goals.
The saree, which has registered itself in the Guinness Book of World Records, weighs a mammoth 72 kg with the embroidery weighing nearly 15 kg. The total weight of the silk used in crafting this masterpiece is 57 kg.
Berkshire Hathaway annual meetings are most awaited.
While India does not figure in the top 10 export destinations for Pakistani goods, it serves as a crucial channel for select goods such as leather hides and cheaper variants of fertilisers that are generally procured by importers at short notice.
M E Meeran, a former wholesale dealer in provisions, is conquering the world with his Eastern brand of spices and curry powders.
The retail major will directly source more than $600 million worth of goods this year.
'Trump's sparring with China is good for business,' Raymond's CMD tells Pavan Lall.
The trio, 'twin shocks' of demonetisation and GST, 'twin balance sheet' problem that has been weakening India's banking system and the 'twin deficit' problem will continue to challenge economic management and performance in the year ahead, says Shankar Acharya.
Efforts to normalise trading relations expected during the first such meet on Saturday
Earlier, maverick right-winger Subramanian Swamy had demanded the sacking of Jaitley's top aide
Of these 26, Bajaj Finance, Associated Alcohols and Breweries, Garware Technologies, Filatex India, Tasty Bite Eatables, Aarti Industries and GMM Pfaudler saw an over 10-fold surge in price since 2014.
From January-March this year, 64,000 jobs were created in eight crucial sectors of the economy.
Raymond was one of the first to start organised apparel retail in India.
The bench, however, granted Purohit the liberty to raise his contentions before the trial court and said it is not expressing any opinion on his petition.
Why I decided the Bareilly Ki Barfi star is the new girl for me...
The Indian Institute of Crafts & Design, Jaipur, invites applications for its four-year Undergraduate and two-year Post-graduate Diploma programmes in Craft Design.
Tesco proposal entailing investment of $110 million has been cleared, sources said after the FIPB meeting held in New Delhi.
Indian Institute of Crafts & Design, Jaipur invites application for its four-year undergraduate and two-year post-graduate diploma programmes in craft and design.\n
As the world awaits the end of the global pandemic, rural Bengal might be witnessing a recession unfolding in bits and pieces. With factories and tea gardens closing down, agricultural income falling and storm Aila ravaging a large part of deltaic West Bengal in 2010, migration gradually became a norm.
A 28-year-old software professional was bludgeoned to death allegedly by seven persons with suspected links to a Hindu outfit near Pune, the police said.
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