Why USFDA increases strict check on Indian Pharmaceutical Companies?
Economy

Why USFDA increases strict check on Indian Pharmaceutical Companies?

USFDA Whip Continues on Indian Pharma. It’s raining warning letters and inspection reports on Indian pharmaceuticals. Why is this a matter of concern?

Continue Reading about 11 days ago
Cutting Income tax Rate: Is Government in Dilemma?
Economy

Cutting Income tax Rate: Is Government in Dilemma?

In September 2019, when the government decided to slash corporate tax rate to 15% for new companies, it gave rise to speculation about a reduction in Personal Income Tax (PIT), which was raised to 42.7% for High Net Worth Individuals (HNIs) in the last budget. However, recently, the government has virtually ruled out any possibility of a tax cut.

Continue Reading about 16 days ago
Why is Privatization of Public Goods important?
Economy

Why is Privatization of Public Goods important?

There are a lot of goods and services that an individual needs for survival. As Maslow says, 'Physical needs, Safety, and Security, Belongingness, Self-esteem and Self-Actualization" in that order are needed for one's wellbeing and realizing his true potential.

Continue Reading about 17 days ago
What is the future of Steel Industry in India?
Economy

What is the future of Steel Industry in India?

Steel Industry is the backbone of the Indian Economy. While the government of India has always taken concrete measures to make the industry competitive, the industry is often found amidst a plethora of challenges.

Continue Reading about 24 days ago
The Future of Air India
Economy

The Future of Air India

If there's an Indian airline that has consumed most of media's 'possession time', that is Air India. The rise in oil prices and the fall of Indian rupee takes the Indian Aviation Industry back to the ground. Even the most profitable airline suffered a loss.

Continue Reading about 25 days ago
Future of Electric Vehicles in India
Economy

Future of Electric Vehicles in India

India is among the top polluters in the world, that's right. In some cities, the air is so toxic that it's killing people. Air pollution claimed one million lives in 2018. Now the Government is moving to clean up the atmosphere and is pushing for more electric vehicles on the road .

Continue Reading about 26 days ago
5G: Is it the need of the Hour?
Economy

5G: Is it the need of the Hour?

With a lot of fanfare, excitement and speculation, 5G is slowly making the transition from a general idea to network implementation. Network operators are already scheduling 5G network trials and testbeds to sort out how the 5G vision will be realized. The hype of 5G is on the rise.

Continue Reading about 1 months ago
PET Neutral Machine- Recycle Plastic Bottles
Economy

PET Neutral Machine- Recycle Plastic Bottles

On 23rd September 2019, the Indian Railways took another tiny step in helping India to become a greener country. The Mumbai – Delhi Rajdhani Express was carrying Biocrux plastic bottle crushing & flaking machine in its pantry car.

Continue Reading about 1 months ago
Indian Economic Sectors and the ‘Manufacturing’ Lag
Economy

Indian Economic Sectors and the ‘Manufacturing’ Lag

Understanding the economy and economic growth is not an easy task. To compute its input and output is even tougher. Economists have broken down this entire system into simpler sectors for easier analysis.

Continue Reading about 1 months ago
Fiscal Responsibility and Budget Management (FRBM) Act
Economy

Fiscal Responsibility and Budget Management (FRBM) Act

The government all over the world need money to function and deliver certain services. Though the government gets the money from its taxpaying individuals and companies, it is not enough.

Continue Reading about 1 months ago
5ways to improve the Economy of India
Economy

5ways to improve the Economy of India

The focus of our Indian government is on reforms that can revive the Indian economy. The main aim must be to increase the growth output without compromising on actions needed. Some reforms like GST and Implementation of FDI are bigger, but their impact on the life of a common man is minimal. Many reforms done by the government are only administrative in nature. Reforms that have a larger positive effect on the life of a common man are needed now and the below five reforms, when implemented, will push our economy to new heights.

Continue Reading about 1 months ago
Fall in Rupee Against Dollar: Good or Bad?
Economy

Fall in Rupee Against Dollar: Good or Bad?

Often we read the news that rupee has fallen against the dollar. The very next day, the news is filled with political parties blaming each other for the fall. In the national elections, key politicians question the incumbent government over this issue. Some overzealous politicians would even come up with statements, "A Rupee was equal to a Dollar in 1947…". Is fall in rupee’s value actually bad? What causes the difference to the value of the same ₹100 between yesterday and today? What is a strong currency? The answers lie right here.

Continue Reading about 1 months ago
Reasons behind Government
Economy

Reasons behind Government's Overseas Borrowing in the New Budget

The budgetary announcement that raised some eyebrows was the $10 billion external sovereign borrowings the government is looking forward to. On one hand, the government's own ideological think tanks has turned against it; while on the other hand, some believe that it is an idea whose time has come.

Continue Reading about 1 months ago
How is Govt
Economy

How is Govt's overseas borrowing a major concern?

The budget speech of the Finance Minister remained most talked about even after an entire quarter. From proposing new norms, the post-budget market debacle, and the 'debudgetization' in weekly press conferences caused the market to stir for long. However, another curiosity that engulfed the investors was the government's decision on going ahead with the external sovereign borrowing of $10 billion.

Continue Reading about 1 months ago
What can the Government do for boosting Indian Economy?
Economy

What can the Government do for boosting Indian Economy?

Whenever the critics of the government or its policies debate over the TV, we are left waiting for one reasonable answer; the answer to what shall change the system or what kind of policies can lead us to a better future.

Continue Reading about 1 months ago
How will “Make in India” in Defence boost Economic Growth?
Economy

How will “Make in India” in Defence boost Economic Growth?

The size of the Indian economy stands at USD 2.7 trillion as of September 2019. “Aim is to take the economy to $10 trillion by 2030,” says the ambitious Prime Minister, Narendra Modi for the Indian economy. The goal is to stand at USD 5 trillion by 2024 and eventually double it up by 2030. Do you think its a far fetched dream given the swinging state of the economy? Let’s find out.

Continue Reading about 1 months ago
Corporate Tax Slashed: An Early Diwali for Corporates
Economy

Corporate Tax Slashed: An Early Diwali for Corporates

A significant bang reform has been introduced by the Finance Minister Nirmala Sitharaman on 20 September 2019. A reform that has been called "historic" by the Prime Minister himself because it will stimulate the market for the "Make in India" scheme. Many experts believe that this tax reform will eliminate the gloom surrounding the Indian economy.

Continue Reading about 1 months ago
Downward spiral: Slowdown grips Indian economy
Economy

Downward spiral: Slowdown grips Indian economy

Assume you go to the gym one morning. The moment you reach, you are informed that you have won a lucky draw and you shall be getting a cashback of ₹ 1000.

Continue Reading about 1 months ago