India's 2024 Elections: Is it a fight between a macro & micro view of development?

The seven phase massive election process in the largest democracy of the world is on; and the churn throws up hope as well as despair.

"Sticky" inflation is still a global worry!

While major world economies have successfully tackled inflation over the last six months by bringing retail inflation (the monthly consumer price index-based inflation) close to the central bank target rates of 2% with and emerging economies including India’s Reserve Bank of India have achieved some measure of success, all is not well yet.

Emerging alarming trends in India's financial sector

The onset of the new financial year FY25, commencing on April 1, 2024, does not promise any relief from the economic challenges persisting since the previous fiscal year. In recent months, various banks and financial institutions in India, including Bank of Baroda, HDFC Bank, Kotak Mahindra Bank, PayTM, IIFL, JM Financial, and Paisa Lo, have been making headlines for all the wrong reasons.

Morarji Desai: Walking the Yogic Path of Truth and Service

What is Yoga? In very short, from the basic viewpoint of Patanjali (the proponent of Yoga, a major branch of Indian philosophy and the author of the Yogashastra Yogasutra), Yoga is the process of merging oneself into the One Indivisible Whole through concentration of mind.

The automobile industry has rebounded to the levels observed in 2018-19, and the future of electric vehicles (EVS) appears promising

RC Bhargava, Chairman of Maruti Suzuki Ltd, recently shared insights on the automobile sector, noting that historically, its performance aligned with the country's GDP.

Dueling German Luxury: BMW and Mercedes-Benz Vie for Dominance in Indian Market

BMW and Mercedes-Benz, revered names in the realm of car enthusiasts. While the debate over which stands as the epitome of driving excellence persists, recent sales figures unveil an intriguing narrative, particularly in the dynamic Indian market.

Is Ayodhya emerging as a global destination brand?

Traditionally, sacred spaces and modern urban landscapes have been perceived as incompatible, akin to oil and water.

"Prospects and Challenges: A Comprehensive Review of the Indian Economy"

The Ministry of Finance of the Government of India recently released a document titled 'The Indian Economy A Review' on January 29, representing a distinct departure from the traditional Economic Survey presented before the Annual Budget proposal.

IMF's Advice and RBI's Rebuttal

International Monetary Fund (IMF), under its Article IV of the Articles of Agreement, signed in 1944 by the original 29 member countries as well more by later, (now grown to 190) sends its staff, to its member countries for a threeweek visit annually for major economies, which contribute a sizeable proportion of world's GDP, and once in every two years for small economies.

Advanced economies losing steam

globally, advanced economies are facing a significant taking a toll on economic activities worldwide, as noted by the Organization for Economic Cooperation and Development (OECD).

AU Small Finance Bank

Founded in the year 1996, an Indian Small Finance Bank with its headquarters in Jaipur is called AU Small Finance Bank Limited. In 2017, it changed its name from AU Financiers (India) Ltd, a vehicle finance firm, to AU Small Finance Bank.

Unlocking energy storage

Sheru, an energy storage start-up based in New Delhi, India, offers cloud storage solutions by aggregating idle battery capacity to create a virtual energy storage platform. Notably, Sheru is the world's first company to integrate V2G technology with battery swapping, synergizing two complementary systems. In an interview with BE's Saptarshi Deb, Ankit Mittal, the Co-Founder and CEO of Sheru, sheds light on the company's journey and its business model.

Unravelling the Surge: Understanding the Hike in Tomato Prices in India

The recent skyrocketing price hike of tomato in India left the countrymen and economy in shock. This surge has impacted households, restaurants, and food industries across the country. In this article, we talk about the whys and wherefores behind the recent hike in prices and its potential inferences on the economy and consumers.

A Mall for handicrafts

Involving an initial expenditure of ₹159 crores, the proposed mall at Nonadanga at Adarsha Nagar off Eastern Metropolitan bypass is a brainchild of Mamata Banerjee headed Trinamool Congress state government.

India needs to elevate the penetration and density of insurance

The insurance sector holds significant importance in a modern economy and its development is assessed through two key indicators: insurance penetration and insurance density. Insurance penetration is the percentage of total insurance paid in a year relative to the GDP of that year, while insurance density refers to the ratio of premium to population, usually measured in US dollars for international comparisons. Unfortunately, India has been lagging behind the global average in both these aspects.

Internationalisation of INR: RBI's Efforts to Strengthen Domestic Currency and Exports

The Reserve Bank of India (RBI) has taken significant strides this year by announcing the internationalization of the Indian rupee (INR). Internationalization implies widespread acceptance of the INR globally as a medium of exchange, allowing India to use INR for imports. This move by the RBI enables settling payments for international trade in INR, invoicing, and payments, which is part of a gradual de-dollarization plan.

Amarnath Yatra: A Festival In Kashmir

The annual Amarnath Yatra, spanning 62 days, began in the picturesque Kashmir Valley on July 1 and will conclude on August 31. The pilgrimage will take place on two routes: Pahalgam in Anantnag and Baltal in Ganderbal district.

From the seas to the stars: a new US-India relationship

The joint statement issued from the White House, which spans across oceans and reaches the realm of the stars, has come as a global surprise. Prime Minister Narendra Modi's exceptional performance at the joint session of the US Congress, along with the transformation of the relationship from an openly abusive one in the 1970s to today's effusive praise, leaves the world wondering.

The Ignorance Unlimited

A.P.J. Abdul Kalam, the esteemed former President of India, renowned as the Missile Man and deeply spiritual, found himself surrounded by a group of school children. With a desire to convey the importance of a new world order, he shared a strategy for creating a better world by transforming ritualistic practices into spiritual ones. Engrossed in his every word, the children listened attentively as he began to tell them a story:

Meditation Enhanced by Reiki: A Simpler Practice

In today's fast-paced and stressful life, many of us find ourselves on a difficult and exhausting journey. We constantly rush through our daily routines, only to realize at the end of the day that we haven't had a genuine moment of heartfelt laughter. Time is precious, and the accumulation of day-to-day stress can drain our energy, leaving us fatigued and susceptible to a myriad of problems. Gradually, this burden takes a toll on our clarity of thought, effective communication, and overall sense of joy. The mind becomes overwhelmed by negativity, paving the way for diseases and depression. Negativity impairs our ability to concentrate, erodes our self-confidence, and drains our enthusiasm for life. As a result, happiness becomes elusive.

We need to evaluate for course corrections in PLI scheme - Secretary, DPIIT

The Government of India is set to evaluate the reasons behind the slow disbursement of funds for different sectors under the Production Linked Investment (PLI) scheme. Rajesh Kumar Singh, Secretary in the Department of Promotion of Industry and Internal Trade (DPIIT), highlighted this issue during a discussion in New Delhi, as reported by the Economic Times on June 14. Singh acknowledged that while they are hopeful of utilizing ₹1.97 lakh crore for the scheme, some course correction may be necessary at the individual scheme level.

Rising Russian oil import by India saved Europe from disruption in oil supply chain

India has become Europe's biggest supplier of refined fuel last May surpassing Saudi Arabia, according to analytics firm Kpler. This was due to Western sanctions that have cut off direct oil flows from Russia, the main source of oil for Europe.

Climate Change: A Risk To Indian Agriculture

One of the most pressing global issues today is climate change, which has far-reaching implications for various industries, including agriculture

Sustainable steel for sustainable world

More than a century ago, in 1907, the first iron and steel plant, Tata Iron and Steel Company was set up at Jamshedpur in Jharkhand (then Bihar) with a production capacity of one lakh tonnes

Demonetization Drive 2.0: All you need to know

After the bold move of demonetization in 2016, the Reserve Bank of India currency notes from circulation on May 19, 2023

India needs to diversify into high-demand export products

On May 15th, Santosh Kumar Sarangi, the Director General of Foreign Trade (DGFT) of India, suggested that Indian exporters diversify into products with higher export demand

Is the Rupee-Rouble Trade Arrangement in Trouble?

Without involving the US dollar, ten months ago, it seemed straightforward price

Agriculture in Nagaland embarks on a path of farmer development

It is worth mentioning that agriculture in Nagaland appears to be moving in the right direction, as indicated by a working paper on Indian Agriculture published by NITI Aayog in 2022

The Art Of Manifestation: Finding Your Own Genie

Manifestation is a process that has been studied and practiced for centuries

A relook at India - China relationship

If the 20th century was dominated by the west, global Lobservers say the 21st century will be ruled by the east more specifically, by China & India