Posts Tagged: indian economy

Economy

Vodafone-Idea gets a sigh of relief from Supreme Court.

Can corporate situations resemble typical Bollywood movies? Sometimes maybe. You would have seen, especially in the movies of the ’90s, that, when a villain used to do everything he could to kill the hero, and the hero felt completely helpless, he went to a temple and prayed. ‘Upar wale ke ghar me dher hai, andher nahi,’ that’s what the hero used to utter while praying and some miracle happened which used to save his life and keep his family safe from the villain. After being forced to pay the AGR dues, Vodafone-Idea might have found itself in a similar situation.

Economy

New Advertising Strategy of Chinese Smartphones

In marketing, there's a concept called 'Localization.' According to this concept, a company customizes its product based on the needs of the market in which it is selling. A classic example of this is the introduction of 'Mc Aloo Tikki' burger by McDonald's in India. By the way, it was not innovation or some positive marketing strategy, but McDonald's was forced into this. After McDonald's introduced its classic Beef Burger in India, it had to face mass retaliation as it had inadvertently hurt Indians' sentiments. But, then it introduced a range of localized products, and you see, it's working for it fine now.

Economy

Why Radhakishan Damani invested in India Cements?

India is the second-largest cement manufacturer on the planet. It is not surprising that India's cement industry is an essential part of its economy, providing work for more than a million people, directly or indirectly. Since deregulation in 1982, the Indian cement industry has attracted colossal speculation from India and outside financial experts.

Economy

Hinduja Group owners involved in a dispute

It takes generations and sometimes eternity to build a fortune but, it takes one hard feeling or one wrong step to destroy it. Crisis Management and Conflict Resolution are some characteristics that can prevent the hard-earned wealth from getting wasted. If there is a dispute between partners and they wish to divide the wealth (or basically divide the businesses) in that case wealth would remain the same but the business loses advantages of synergy. Read on to find out why we are telling you all this.

Economy

What's behind the continuous Petrol and Diesel price hike?

If someone asks you, how important is money, what shall be your answer? You may say that it is one of the most important things in the world today, right? Even we agree to this. Money is a necessity and more money means power and with that power you can actually buy happiness and do whatever you want. Now, this is at an individual level. Think about those sitting in the government. To manage the economy they need money and more importantly they need our money! Taxes, cess, tariffs etc.

Economy

Reasons Behind Why People are not Saving Money?

HSBC conducted a survey and reported that only one-third of Indians save their income regularly. Without emergency funds or savings, one could be putting themselves at financial risk. Most of them believe in the concept of saving money, but only a few manage to practice it. There may be plenty of excuses for not saving regularly like I don't know where to save, I don't know how to save, I don't have enough money to save, etc. After paying bills, renting, and making loan payments, there's often not much leftover, but by proper budgeting and planning, one can build a proper plan to save money. Some people struggle for external reasons, such as health issues, student loans, sick parents, and more prevalent causes than we think. On the other side, there are individuals out there who are utterly irresponsible with their money despite being able to save more. If you neglect savings and an unplanned bill may arise, then it's going to be a problem.

Economy

Setback for Chinese automobile companies In India

Three decades of rapid and continuous growth, China's automakers have reached a historic inflection point. The industry is witnessing a new reality wherein sales are on the decline, and there is a paradigm shift from the manufacture and sale of internal combustion engine cars to the pioneering of next-generation technologies. The Chinese auto market has reached a saturation point, and hence the automakers were on the lookout for future expansion strategies in newer geographical markets. These companies are flush with funds and are scouting to invest in a market that has the potential to grow since sales growth in China has stagnated. Who better fits in the frame than their neighbor India for this ample opportunity. India's long-term growth potential of the economy and the success of Chinese companies who have ventured into the non-automotive space, these automakers are taking the plunge in the Indian market.

Economy

What are the Opportunities for Indian Companies in China

A growing stream of Indian companies is on the lookout for new opportunities in emerging markets. Over the last two decades, China has consistently opened up its economy and has softened and lifted restrictions on foreign investment. The FDI in China for 2019 was $137 billion, climbing a notch by 5.8% from the previous year. China is one of the world's largest recipients of foreign direct investment. The most attractive factor is the large consumer base of 1.3 billion consumers in China. This is a robust trajectory for growth, with ever-increasing consumer spending.

Economy

Dramatically declining unemployment rate in India.

In the last few weeks, certain things have changed. The nationwide lockdown got over and India entered Unlock 1.0 and then Unlock 2.0. But, just before this, we experienced quite an unusual time where the only thing we knew was ‘Stay Home, Stay Safe’. People stayed at home but the economy entered into an unsafe territory. The slump is still going on and something which shot up as a result was unemployment. During the lockdown, the unemployment rate touched an alarming height of 23.4%.

Economy

How Chinese Investment in India is Dominating Tech Space

In a move to curb opportunistic takeovers during the pandemic, specifically from Chinese entities, the Centre has recently revised FDI policy, making it mandatory for prior government approval for direct investments from countries with which India shares a border. This restriction had earlier applied for investments from Pakistan and Bangladesh. Though the Centre has not specified China, the spurt of investments by Chinese investors has prompted the Government to take this decision.

Economy

What will be the impact if Indians boycott Chinese products

"Boycott China" is the current anthem that resounds in India in retaliation against China's resentment. Amid the border standoff in Ladakh, there has been a clamor amongst citizens to boycott products from China, which is seen as the unreasonable aggressor. The outrage has been extensive on social media, with hashtags like #BoycottChina and #BoycottChineseProducts trending on Twitter and the video by Sonam Wangchuk prompting Indians to retaliate stating that while the Army can handle the Chinese attempts of incursion in Ladakh, can be dealt only with the support and cooperation of the general public.

Economy

How India can replace China as World’s Manufacturing Hub

The spread of the Coronavirus from Wuhan, the epicenter to the rest of the world, has brought China on a global backlash. The Covid-19 infected millions across the globe, and the lockdowns announced destabilized economies. Around the world, this backlash is building up against China, one for its initial mishandling of the crisis that led the virus to spread across the globe and secondly for the conspiracy theories that this was purportedly masterminded by China to weaken the global economy.

Investing

Education loan scheme: Know all about Loan schemes and Criteria

Wandered for hours and hours in the market, scrutinized and compared bank interest rates for availing an education loan to pursue higher studies? Confused in between choosing, either a government bank or a private bank, where the government banks and schemes are not hassle-free. Private banks favor power through connections and this is what crossed your mind, right? I agree with your opinion, and to understand the schemes and availing methods of obtaining an education loan, Let us dive in further into 3S.

Economy

Deteriorating financial condition of Hospitality sector in India.

In the last few weeks, many experts have highlighted that India may have unintentionally flattened the wrong curve. Who could forget the epic interview of Mr. Rajiv Bajaj who even termed the lockdown as a ‘draconian’ one. But, it’s not about arguing over the success or failure of lockdown. It’s about the economic revival which depends upon the industries coming back to normal. In this scenario, one industry which has suffered the most is hospitality and the one which will take more time and efforts to revive is also hospitality.

Economy

Vodafone-Idea in dilemma about Adjusted Gross Revenue dues.

Sometimes, the destiny does not favor you come what may. Think of a farmer who wishes to produce a great yield of pulses this year. Suppose, another farmer acquired land just beside this farmer’s land and starts seeding pulses too. The new farmer had seeds and fertilizers in stock and started the farming process just at the right time. On the other hand, the old farmer had taken a loan to fulfill his supplies and start the process.

Entrepreneurship

Adani Green Energy to execute world’s largest solar order.

Mahatma Gandhi once said ‘Be the change you wish to see in the world’. It’s not necessary that we follow everything literally. Sometimes, the connotations and contexts could be changed based on circumstances and it is all acceptable till the time the result is good and positive. Take this quote for instance, which signifies that if something wrong is happening and you wish to stop it, then you have to start changing yourself first and the world would follow. But, from a corporate point of view this can be related with innovation and problem solving.

Economy

Locust Attack: India is Facing the Worst One in Decades

2020 will be marked as the year of catastrophe in our memories. If given a chance, the entire world would have skipped 2020. While having a pandemic yet to be tackled, India is forced to equip itself to meet another crisis. Locust attacks are now increasing in several parts of India.

Entrepreneurship

Drone Delivery: DGCA permits drone testing for food delivery platforms

Technology is taking over human beings and that’s the reason automation is slowly becoming the most sought-after industrial aspect. Manufacturing has cut off human intervention to a certain extent and now it’s the turn of services. Driverless Cars, robots, drones etc. Are replacing humans and we might soon enter a world where their population (and importance) would be way more than human beings. And, this is happening globally.