In this issue

THE MORNING, they say, shows the day. If the last two quarters of the
2022 financial year are a harbinger of trends in 2023, it will be a ‘year
of recovery, growth and recalibration’. The World Bank expects India’s
real GDP to grow at 6.9 per cent in the 2022-2023 financial year, revising
upwards its previous projection of 6.5 per cent. The International Monetary
Fund (IMF) too sees India doing relatively well amidst a despondent global
scenario, in which growth is expected to slow down to 2.7 per cent. In a
recent report the IMF has forewarned that “The worst is yet to come, and
for many people 2023 will feel like a recession.”
In India, the government’s earnings have increased consistently from
the Railways and direct tax collections. India’s foreign exchange reserves
crossed $550 billion recently. Overall exports (merchandise and services
combined) during April-November 2022 shot up by 17.72 per cent over the
same period last year. This trend is expected to roll over into 2023 as well.
So, how is India tackling the economic challenges of the day? It is doing
so by increasing public spending and by monitoring and taking measures
to tame inflation. In her last budget, Union Finance Minister Nirmala
Sitharaman had raised capital expenditure by 35 per cent to Rs 7.5 lakh
crore. In a recent interaction with industry representatives, the finance
minister hinted that the trend would continue in her fifth budget, expected
to be announced in a month’s time.
Happy New Year!

SUNDAR PICHAI BULLISH ON INDIAN STARTUPS

GIVEN THE ECONOMIC slowdown and funding crunch in the startup world, it's been a tough 2022 for entrepreneurs and startups in the country.

1 min

Renewed Faith in Corporate India?

THROUGH 2022 the stock markets remained bouncy - often defying trends in bourses around the world that turned mopey on signals like the war in Ukraine, inflation soaring to unprecedented heights almost everywhere and the subsequent monetary tightening by central banks.

1 min

Car Sales on a High Again!

CAR SALES ARE EXPECTED to hit a record high in 2022, on a surge in demand, improved supply of chip-sets and an overall recovery in the automotive sector. The automotive sector is slated to showcase new designs, new launches and a wide variety of choices in cars in 2023.

1 min

WHO AFTER NILEKANI?

WILL INFORMATION technology giant Infosys, have an outsider at its helm after Nandan Nilekani steps down as chairman?

1 min

South Growth Model Inspiring. Worthy of Emulation

THE SOUTH is the economic engine and the bulwark of India's growth narrative. Our economic, and as a result, societal landscape is uneven, even distorted.

4 mins

Where does India's Competitiveness Challenge Lie?

IT IS NOT HIDDEN from anyone that a country’s economic growth is intrinsically tied to its competitive strengths. In the case of India, we have seen that the country’s competitiveness has registered substantial progress on important socioeconomic indicators. Since India entered the Amrit Kaal with a sharp focus on determining the country’s developmental strategy over the next 25 years, a lot has been remarked about the nature of development and assessment of past trajectories while making projections for the future, presenting us with the right time to take stock of the situation look at what has worked and where the challenges lie.

4 mins

IS HR AS WE KNOW IT DEAD AND DONE?

IN THE WORDS OF THE INDIAN HR (human resources) guru Prof. T.V. Rao, \"HRD is a process by which the employees of an organisation are helped in a continuous and planned way to (i) acquire or sharpen capabilities required to perform various functions associated with their present or expected future roles; (ii) develop their general capabilities as individuals and discover and exploit their own inner potential for their own and/or organisational development purposes; (iii) develop an organisational culture in which superior-subordinate relationship, team work and collaboration among sub-units are strong and contribute to the professional well-being, motivation and pride of employees.\"

6 mins

Role of Linguistics in Technology

WHAT HAS LINGUISTICS got to do with technology, one may wonder. The fact is, there is a deep connection between the two. From the 1930s to today, computing technology has undergone dramatic changes.

4 mins

THE GOOD, THE BAD AND THE RECOVERY

It would be wrong to call 2022 a bad year even though it was tough on many sectors including investor’s darling tech sector but 2023 willneed the cautious optimistic approach as well

2 mins

A Conducive Ecosystem Can be a Game Changer for E-gaming

AS MANY AS 2.7 BILLION e-gamers hone their skills and participate in this electronic sport across the globe. The e-gaming business is expected to exceed $1.5 billion in 2022 and $5 billion by 2025 with a global CAGR of 38 per cent. In India the number of gaming companies has gone up from 25 in 2010 to 275 and now employ 15,000 skilled developers.

10 mins

Science, Effects & Mitigation Strategies

WE ARE ALL WITNESS to the increased frequency of 'extreme weather events' (EWEs) over the last few years. Flash floods, cloud bursts, cyclones and droughts regularly make screaming headlines in newspapers, on television and social media.

10 mins

India's Economic Renaissance

MINHAZ MERCHANT IS THE BIOGRAPHER OF RAJIV GANDHI AND ADITYA BIRLA AND AUTHOR OF THE NEW CLASH OF CIVILIZATIONS RUPA, 2014). HE IS FOUNDER OF STERLING NEWSPAPERS, WHICH WAS ACQUIRED BY THE INDIAN EXPRESS GROUP

4 mins

Adieu 2022.Can We Do Better In 2023?

India, With Its Large population, has managed to steer its economic journey carefully over the past three years of the Covid turmoil.

4 mins

FLYING PIGS IN THE NEW YEAR

THE WATERSHED between the end of a year and the start of a new one marks a time of celebration. In countries around the globe, New Year parties are now as standard a part of the calendar as Sundays.

4 mins

2023's Top Ten MarTech Trends

MARKETING IN 2023, by necessity, will be a tightrope walk between constant optimisation of brand value, a persistent focus on customer value, and the deliberate evolution of the marketing function.

3 mins

Pushing for Growth

While the global outlook for 2023 remains bleak, India may emerge as a beacon of growth and recovery

6 mins

In Expansion Mode

There is a mega boom in the civil aviation sector with people flying in record numbers as the government lines up more capital for expansion and growth

3 mins

A Year Of Hope

With schools reopening, NEP 2020 finally being embraced and major restructuring within the edtech space, will 2023 prove to be the year of recovery?

5 mins

"Indian children will not be denied their dreams because of English"

India’s number one trending education app on Google Play Store, OckyPocky’s Founder and CEO, Amit Agrawal talks about empowering students at a young age with English language skills onits platform

2 mins

Nick The Elitists

Prime Minister Narendra Modi, last year in July, announced that 14 engineering colleges in India have started technical courses in five regional languages and hoped they will particularly help the marginalised sections of the society. Recently the Union Home and Cooperation Minister Amit Shah reiterated the need to teach professional courses like medicine, engineering and law in local languages and called it a moment of renaissance and reconstruction’ for the education sector. Is this a good idea?

4 mins

Unprecedented Healthcare In 2022, Tenable Trajectory In 2023

The organised players in the healthcare sector saw dramatic growth owing to several factors like the comeback of elective surgeries, a change in consumer behaviour leading to better health insurance coverage, rising burden of diseases and consumers choosing premium and branded healthcare institutions and services over nursing homes and smaller healthcare setups

3 mins

Technology Will Deliver Seamless Patient Experiences

The increasing digitisation of healthcare has created a major shift of the care that was being delivered in hospitals now moving into the home and the community, thus bringing in more focus around preventive, predictive healthcare

3 mins

"ALL RESPONSIBLE COMPANIES NEED TO KEEP AN EYE ON THE MACROECONOMIC ENVIRONMENT"

One of the biggest success stories during the tech bull run in the last two years, Zoom Video Communications, Inc., truly redefined how the corporate world communicates today. But how has it been impacted by the current economic climate? How has it dealt with the rising competition? Ricky Kapur, Head of Asia Pacific at Zoom, reveals the answers to these questions and more in an interaction with BW Businessworld

3 mins

Cybersecurity Landscape 2023: Upcoming Trends And Risks

THE YEAR 2022 will be remembered as a year when battle lines were drawn, then redrawn, along a threat landscape stuck in a state of in-between. No longer are enterprises scrambling to find their footing amid the disruption caused by Covid-19. But for all this talk of the "new normal," the world is yet to arrive on the other side of the pandemic.

3 mins

In Greater Demand

The housing sector has witnessed high demand for quality and spacious homes whichis expected to continue in 2023 as inflation, other factors show signs of easing

3 mins

Year of Growth

5G services rollout is fuelling the pace of growth in the telecommunication sector; the momentum will continue in 2023

3 mins

CHUGGING ALONG NICELY

Reports forecast that the Indian FMCG market will reach US$ 220 billion by 2025. The year ahead holds promise of growth backed by an uptick in urban and rural demand, modern trade and e-commerce, read on...

3 mins

Year of the New-Age Farmer

Policies in place for more sustainable, innovative and technology-driven farming in 2023

3 mins

Youth & Professionals Will Need Constant Upskilling

According to the World Economic Forum’s Future of Jobs report, half of allemployees will need to be reskilled by 2025. As businesses re-establish themselves, the digital workplace of the future will necessitate the acquisition of new skill sets

5 mins

What's in store for startups

On the global front, even the recent economic headwinds could not deter India's startup growth story. While the current statistics show the trajectory of startups blooming, but an overall conservative funding sentiment in the ecosystem cannot be ignored

4 mins

Renewables Take Centrestage But Fossils Linger

Even as the war in Ukraine and climate considerations spur acceleration towards cleaner sources of energy, India and countries around the world will have the challenge of striking that balance between climate considerations and energy security

4 mins

Sustainable Investing: Field To Foray

A sustainable investment is one that addresses current problems or challenges without jeopardising future needs. It all comes down to finding better ways to do business that will benefit corporations and citizens now and in the future

3 mins

"WE TRANSFORM VOLCANIC ROCK INTO STONE WOOL"

It is vital that the buildings in which we live are made of construction materials that pose no threat to our health and safety. In an interaction, Vinay Pratap Singh, Business Unit Director - India & SAARC Countries, ROXUL ROCKWOOL Technical Insulation Pvt. Ltd., talks about how stone wool combines excellent thermal properties with fire resistance, robustness, and acoustic qualities to meet today's construction needs.

4 mins

Khabri, Kaikeyi, Khata, Kaash and the Boss

KAIKEYI is an important character in the Indian epic - Ramayana. More importantly, do you know Manthara in that story? Without Manthara, the Ramayana might have not had the long twists and turns it does.

5 mins

ATRIA INSTITUTE OF TECHNOLOGY: NURTURING MANAGERIAL TALENT

The teaching methodology of the two-year MBA programme at the Atria Institute of Technology covers real life case studies, role-playing, gamification and industry exposure through regular industry interactions, internships, and projects.

2 mins

Why 2023 Will be Your Year

FOR MOST OF US, 2022 is now a blur. The crawling pace of recovery from Covid, the limping back of the economy and the workplace dynamics changing have all impacted us. So how do we ensure that we remember the lessons and imbibe them well, so that we can attract goodwill, good health and success in 2023? Cited below are ways in which you will blaze your own path and get noticed as a leader of substance.

3 mins

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BW Businessworld is a fortnightly magazine that has been published since 1975. It is one of the most popular business magazines in India, and it is known for its in-depth reporting and analysis of the Indian business world. It also features interviews with leading business leaders and entrepreneurs. It's a guide to the ever-changing business landscape.

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