business and finance

Gold rush: Jewellers make desperate bid to woo customers

Popley Group has launched a special edition of gold coins, which are being offered at cheaper rates, and is also selling luxury watches at a 25-50% discount.




business and finance

Branded bouquests blooming on the shelves of modern retail

The concept of modern malls in India has been slow in catching up with the trend of stocking flowers. The trade has been traditionally reserved for road-side vendors.  




business and finance

Cashew exporters concerned over surge in fraudulent imports of kernel

India produces 6-7 million tonne raw cashew per annum, and was till recently the leading supplier of kernels to the global markets.




business and finance

Cotton association reduces crop estimates for 2018-19 to 315L bales

CAI’s current estimates for the North Zone, Madhya Pradesh, Telangana and Andhra Pradesh are lower by 1 lakh bales each compared to its previous month estimate.




business and finance

Cyclone Fani impact: Surat textile industry reels from Rs 500-crore losses

To make matters worse, a sizeable number of labourers from Odisha are employed in the Surat textile industry, said Ashish Gujarati, president of Pandesara Weavers' Association.




business and finance

Sensex logs 5th straight loss amid earnings, trade woes

The investors sentiment was also dented by the weak results reported by some of the heavyweights; the Street chose to stay cautious ahead of results from other blue chips given the trend so far has been somewhat mixed.




business and finance

Promoters’ pledged shareholding falls to 2.83% in Jan-Mar: Kotak Institutional Equities report

Outstanding promoters’ pledged shares were Rs 1.95 lakh crore, which is about 1.38% of the total BSE-500 Index’s market capitalisation in March 2019.




business and finance

Corporate bond issuances via private placements rise 76%

The total corporate bond issuance in FY19 was Rs 6.1 lakh crore, just slightly higher than `6 lakh crore mopped up in FY18.




business and finance

Weak exports, uncompetitive prices to hit cotton spinners, says report

With India exporting roughly one-third of its cotton yarn production every year, trends in export demand play a crucial role in determining the overall performance of the domestic spinning sector. 




business and finance

Pink bollworm attack on cotton crosses economic threshold limit in Maharashtra

Last year’s cotton sowing was estimated at 126.44 lakh hectare. Scientists say that early cotton sowing may be responsible for pink bollworm attack.




business and finance

India’s shrimp exports to the US rises by 14 pct in January-June 2019

Total imports of shrimp by US for the first six months of 2019 remained flat at 300,683 tonne compared to 302,495 tonne imported during the same period of 2018. Overall, US imported 695,332 tonne of shrimps last year.




business and finance

Rains put price pressure on Kerala’s banana, veggie exports

Banana accounts for as much as 60-65% of the green exports from Kerala and the rest are vegetables. Of the banana varieties, nenthran plantain leads the food preferences of Kerala’s 20 lakh diaspora families fanning out in the GCC countries.




business and finance

Steel pricing spread helps assertain strength of variables

In the next three decades the deregulation of the steel market (abolition of freight equalisation) and imports having been put under open general license led to a paradigm shift to the concepts of supply, capacity creation through differential technologies, SME’s role, demand assessments, competitiveness, pricing and export strategies.




business and finance

Govt, RBI done all that they could for NBFCs: SBI chief Rajnish Kumar

There is nothing further the government can do, Kumar said, adding that there is liquidity, partial credit enhancement and interest rates have moderated. Asked about the progress made in the resolution of stressed NBFC Dewan Housing Finance (DHFL), Kumar said: “That you should ask the company.”




business and finance

Easy loans: Banks to sanction retail loans through portal

Industry members claim that the turnaround time after loan sanctions through the portal has been long. In a meeting with finance minister Nirmala Sitharaman earlier this month, an industry association raised a complaint to this effect.




business and finance

Bankers see opportunity in MSMEs – here’s how

The extent to which banks are using data to lend to SMEs can grow dramatically as almost every bank is working towards this initiative as there is a big opportunity, said the SBI chairman.




business and finance

Plan to charge zero MDR for large merchants is faulty, says expert

Finance minister Nirmala Sitharaman in the FY20 Budget abolished MDR charges for all merchants having a turnover of over Rs 50 crore which would lead the payment companies taking a hit on their margins.




business and finance

Avanti Feeds: Maintain ‘Buy’ with a target price of Rs 400

We note the stock price correction of 30% over the past four months offers an attractive entry price and we retain our 'Buy' rating with a DCF-based target price of Rs 400.




business and finance

Texmaco Rail: Maintain ‘Buy’ with TP of Rs 69

While we like the company’s diversified segmental presence, we moderate our order inflow and execution assumptions due to the ongoing economic slowdown and slower traction in railway EPC projects.




business and finance

Why digital OOH is the new frontier of marketing

A Nielson study has highlighted that OOH enjoys significant advantages over conventional forms of offline advertising




business and finance

How brands can provide the best customer experience

‘Share of experience’ is the new norm, and one needs to consistently make efforts towards it to survive in the modern age




business and finance

Relaxo’s Gaurav Dua on life beyond work

From Netflix to Apple, among others are some of his favourite brands




business and finance

How digital has revolutionised work from home

Digital allows to work from anywhere as long as there is a computer and a good internet connection -- half the battle is won




business and finance

Tupperware’s Deepak Chhabra on life beyond work

iPhone, Bose, Alexa are some of his favourite brands




business and finance

Don’t force industry to pay wages during COVID-19 lockdown

Growth was already slowing before the corona outbreak; forcing industry to pay full wages imperils MSMEs’ survival




business and finance

Solving quota-cap riddle

It also said that the gubernatorial order didn’t stand the test of the provisions of Schedule V of the Constitution, and that the 100% reservation, apart from junking considerations of merit, violated the rights of other reserved groups.




business and finance

Covid-19 pandemic: 800 million households dependent on remittances to be hit

Global and multilateral institutions and national governments need to come together to make sure that the loss of income is offset through cash-and-kind support.




business and finance

Risk, uncertainty and COVID-19: A stark choice

Risk has a known probability distribution. For uncertainty, the probability distribution is unknown. Covid-19 makes us confront uncertainty, not risk




business and finance

Safety first: Punish attacks on doctors, but also focus on dispelling Coronavirus fears

Traditionally, our response to laws failing to arrest healthcare violence has been to simply increase the quantum and severity of punishment the next time.




business and finance

Designing minimum income guarantee post-Covid-19 collapse

Transfer amounts should also be linked to CPI. While PM-KISAN covers only farmers and is much more expensive and exclusive, such a transfer would avoid narrow coverage, also avoiding inclusion/exclusion errors




business and finance

Across The Aisle: Hoarding government, starving people

The worst fate that can befall a person is being locked down, alone or with his family, with no money and no food.




business and finance

Inside Track: Amid COVID-19 crisis, steps seem afoot to ensure Rahul Gandhi returns as Congress president

The impression was reinforced when Rajnath Singh, and not Shah, was appointed last month to head the 15- member high-power ministerial committee coordinating with states on ensuring movement of essential supplies during the lockdown.




business and finance

Magnanimity of the rich: Cricket needs to take a leaf out of tennis’s book to maintain equilibrium

When the game returns, the struggling cricket boards will be dependent on three superpowers—India, England, Australia—for bailouts




business and finance

Need faster labour reforms if the economy is to thrive

Parliamentary panel’s recommendations aren’t bold enough, and in some areas, they are even regressive.




business and finance

Dial-A-Doctor: eSanjeevani portal for telemedicine a welcome move by govt

As more governments integrate the service—Himachal Pradesh was latest to do so, on April 21—one can expect traffic to increase.




business and finance

Post-pandemic economics: The new normal will not be very different from the old one

Idealist notions of the State overtaking the Market as the one in charge are unfounded.




business and finance

Arbitrary arbitration: Enforcing global awards is getting more complicated

“The export without permission would have violated the law, thus, enforcement of such award would be violative of the public policy of India”, the SC said.




business and finance

Rebooting the economy: India needs a stimulus package of at least 5% of GDP

To bounce back from the pandemic quickly, India needs a stimulus package of at least 5% of GDP that focuses on broad-based development in laggard eastern states.




business and finance

The 40-70 rule of decision-making

Leaders should take a decision when they have 40-70% of the information required for taking that decision.




business and finance

Why is rupee sacrosanct?

If the government were to follow FICCI’s recommendations and put out a package of 5-6% of GDP, with a focus on both the poor and the MSME sector, it is possible that the rupee may decline to, say, 85 or 90.




business and finance

Institutional challenges to migrants’ welfare

Not only has the registration of migrant workers by states been unsatisfactory, but state welfare boards’ capacities to offer assistance also varies, hampering daily wage labourers’ access to social and food security during the crisis




business and finance

Modi and the CMs take the wrong call

Likely extension of the lockdown is a bad idea; the PM and the CMs got trapped in flattening-the-curve rhetoric




business and finance

Franklin Templeton AMC is to blame for poor investment choices, not Coronavirus

Can’t blame Corona for crisis, investment choice was poor




business and finance

Coronavirus crisis: Politics of a pandemic

The Centre's fiscal management of the Covid crisis vis-a-vis availability of funds to states might result in creating a coercive, rather than a cooperative federalism.




business and finance

Why it is time to end Covid-19 lockdown

The lockdown has achieved its purpose. Extending it may not be worth the cost.




business and finance

A less direct approach: Amended FDI regulation is problematic under the WTO law

Amended FDI regulation is problematic under the WTO law. India should adopt a more facially neutral regulation




business and finance

Saving the rural economy: The govt will have to deepen its procurement operation

In the long term, the govt will have to deepen its procurement operations, expanding from the wheat-paddy complex.




business and finance

Breathing easy on ventilator quality

A good ventilator must be a high-precision product, a combination of top-class engineering efforts, optimum manufacturing capability, and robust financial backing.




business and finance

Lacking Leadership: Trump, Bolsonaro and others need to take their accountability seriously

The president has claimed that he was being sarcastic when he talked about injecting disinfectant and exposure to high-dose UV rays as ways to fight Covid-19.




business and finance

Spirit of federalism: Centre must allow states to resume liquor sales

This trend continues even for local governments, which come to rely more on state transfers to run the administration.