Tag Archives: economy

The world’s shippers are earning the most money since 2008

The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of Covid-19 drives freight prices ever higher. Whether its giant container … Continue reading

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Tetra packaging of liquor to prevent adulteration soon

KOLKATA: The West Bengal government will soon introduce branded liquor in tetra packs in a bid to stop sale of adulterated liquor and its duplication. A well-placed source in the secretariat told PTI that the introduction of tetra packs of … Continue reading

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The engine of financial inclusion needs the oil of financial literacy to move the economy forward: Kunal S

Over 80% of Indians have bank accounts today, up from 40% in 2014. UPI registers two billion transactions every month while 600 million RuPay cards have been issued. Now that the majority of Indians have bank accounts and access to … Continue reading

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Economy coming out of the shadow of the pandemic: RBI paper

The Indian economy is picking up leaving behind the shadow of the pandemic as consumer demand improves and supply constraints ease due to strong kharif agricultural production and revival in manufacturing and services. Also softer food prices are aligning headline … Continue reading

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Flush with cash, Indian companies eye capex, investment push

Sitting on healthy cash reserves and aided by stronger balance-sheets post Covid, India Inc is looking to step up its capital expenditure and investment plans. Industry captains and analysts say a mix of factors such as accommodative monetary policy and … Continue reading

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IMF says economic policymakers need to juggle continued support, risks

Policymakers worldwide are entering a tricky phase of the pandemic recovery and should take care to provide continued economic support without promoting instability in financial markets, the International Monetary Fund warned Tuesday. Nearly 20 months into the global pandemic, many … Continue reading

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Economy coming out of the shadow of the pandemic: RBI paper

The Indian economy is picking up leaving behind the shadow of the pandemic as consumer demand improves and supply constraints ease due to strong kharif agricultural production and revival in manufacturing and services. Also softer food prices are aligning headline … Continue reading

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Only 40 % of audit committee members have expertise to oversee major risks: KPMG survey

MUMBAI: Short of a crisis, the issues on an audit committee’s radar don’t change dramatically from year to year but sometimes small shifts tell a big story. When KPMG International conducted the 2015 Global Audit Survey, it was little surprise … Continue reading

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SBI Capital tapping mid-corporate clients to boost PE advisory business

NEW DELHI: SBI Capital Markets, the merchant banking arm of India’s largest lender, is looking to tap its large mid-corporate clientele to increase its private equity advisory business at a time when risk capital activity in the country has slowed … Continue reading

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PIO businessman Sanjeev Gupta takes charge of Tata’s Scottish plants

LONDON: Indian-origin businessman and founder of the Liberty Group Sanjeev Gupta today formally took charge of Tata Steel ‘s loss making plants in Scotland. Gupta, who has also expressed an interest in acquiring Tata’s embattled Welsh unit of Port Talbot, … Continue reading

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