Business

BUSINESS ECONOMICS

Strengthening India's IBC: Judicial reforms as the key to economic growth

India's Insolvency and Bankruptcy Code (IBC) has been a remarkable reform, bringing much-needed structure to resolving distressed assets. It has successfully transformed how businesses, creditors, and investors approach insolvency, marking a significant step forward in India's economic evolution.

BUSINESS ECONOMICS

The deregulation sprint: India's push for business-led growth

We need double-digit growth, year after year! It's an ambitious call, but why not? India has the potential, the resources, and the momentum.

BUSINESS ECONOMICS

India's need for Agricultural Reforms to boost GDP growth

It is often assumed that since agriculture and allied sectors contribute about 14% to India's GDP, their role in the economy is not very significant.

BUSINESS ECONOMICS

Why wait for 2047 to get Viksit? Let's turbocharge India now!

Why wait for 2047 to become a Viksit Bharat when we can achieve it a decade earlier? Why settle for a steady, sleepy, unremarkable 7-8% growth rate when we have the potential to turbocharge it to a thriving 10%+? A recalibration of our tax system is the key to unleash the animal spirits of the economy, boosting consumption & investments and turning our aspirations into rapid, tangible growth. It's time for action.

BUSINESS ECONOMICS

Interfaith: Belief Without Borders

Generally, the basic spirit of the term interfaith or inter religiousness is to bring together people from different religions, sects, beliefs, doctrines and ideas, mainly through the process of dialogue and action.

BUSINESS ECONOMICS

Economic challenges in the New Financial Year

Every financial year (FY) brings a set of challenges for an economy, regardless of its current performance.

BUSINESS ECONOMICS

Changing Geo-politics: Palestine issue, Trump & Modi

When Donald Trump won the elections for the second time in the US, the world prepared itself to witness drastic changes in geopolitics.

BUSINESS ECONOMICS

A NEW DEAL

Having been labeled the “tariff king\" by Trump, India faces a difficult situation. The Office of the United States Trade Representative has released the 2025 National Trade Estimate Report, outlining the trade barriers faced by U.S. exports.

BUSINESS ECONOMICS

Tamil Nadu's First Economic Survey Provides Roadmap for $1 Trillion Economy

On March 13, 2025, the State Planning Commission, in collaboration with the Finance Department and other key departments, presented Tamil Nadu’s inaugural Economic Survey to Chief Minister M.K. Stalin.

BUSINESS ECONOMICS

"Spirituality is the search for the meaning of our existence and the purpose we serve."

In his insightful address, Ram Nath Kovind underscored the teachings of Paramhansa Ramakrishna, Maa Sarada, and Swami Vivekananda, emphasizing their vision of a world united by love and the boundless potential of the human spirit.

BUSINESS ECONOMICS

Some schemes welcomed, but real allocation declines

In the Annual Budget, the Finance Minister allocated ₹1.37 lakh crore to the Ministry of Agriculture and Farmers' Welfare, compared to ₹ 1.32 lakh crore in the previous budget.

BUSINESS ECONOMICS

Of Benchmarks & Benefits

Banks use various benchmark rates to determine loan pricing. Initially, they had complete discretion over interest rates, leading to the adoption of the Prime Lending Rate (PLR). This internally determined rate was applied to the bank’s most creditworthy customers, with additional risk premiums charged for borrowers deemed riskier. However, this system resulted in a wide disparity in interest rates among borrowers.

BUSINESS ECONOMICS

Sajjan Jindal, JSW Group Chairman receives 'Business Leader of the Decade' award

Sajjan Jindal, JSW Group Chairman, has been conferred with the coveted 'Business Leader of the Decade' honour at the 15th AIMA Managing India Awards, in recognition of his transformative leadership in expanding JSW Group into a global conglomerate.

BUSINESS ECONOMICS

India needs Development Finance Institutions: Bridging the Gap for MSMEs

India's economic landscape has long been driven by the dynamism of its micro, small, and medium enterprises (MSMEs), which play a crucial role in contributing to GDP and employment.

BUSINESS ECONOMICS

Rate cut to boost demand, says RBI Report

On February 19, 2025, the Reserve Bank of India (RBI) released its monthly bulletin, providing insights into the state of the economy.

BUSINESS ECONOMICS

INCOME TAX REFORMS

The new Income Tax Bill aims to streamline taxation by using simpler language and reducing the number of sections. Replacing the complex 1961 Act is a welcome move.

BUSINESS ECONOMICS

TACKLING INFLATION

India's retail inflation stood at 4.31 percent in January, marking a five-month low and a crucial moment in economic policy.

BUSINESS ECONOMICS

"Cultivating a global culture of wellness"

Dr. Robert M. Goldman: Dr. Robert Goldman explored the profound connection between science, spirituality, and medicine, emphasizing the importance of holistic longevity in shaping a healthier, more unified world.

BUSINESS ECONOMICS

Falta Special Economic Zone : it's contribution in the overall socio-economic development of the region

Falta Special Economic Zone (earlier Falta Export Processing Zone) was set up by the Department of Commerce, Government of India in 1984. The Zonal Office of Development Commissioner, Falta SEZ has jurisdiction over the 12 states of West Bengal, Odisha, Jharkhand, Bihar, Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim. BE spoke to Deen Bandhu Singh, Development Commissioner, Falta Special Economic Zone about the current scenario and the impact of the Falta SEZ. Falta Special Economic Zone (earlier Falta Export Processing Zone) was set up by the Department of Commerce, Government of India in 1984. The Zonal Office of Development Commissioner, Falta SEZ has jurisdiction over the 12 states of West Bengal, Odisha, Jharkhand, Bihar, Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim. BE spoke to Deen Bandhu Singh, Development Commissioner, Falta Special Economic Zone about the current scenario and the impact of the Falta SEZ.

BUSINESS ECONOMICS

Future of US-India Bilateral Trade: Outcome of discussions between President Trump and Prime Minister Modi

Re-elected after a four-year break, President Donald Trump returned to White House and signed series of executive orders on his Inauguration Day, January 20, 2025.

BUSINESS ECONOMICS

MSME Sector: Focus on credit allocation, but many issues remain unaddressed

The Budget 2025-26 primarily emphasizes credit facilities, revised classification, and targeted support for first-time entrepreneurs.

BUSINESS ECONOMICS

Bengal Global Business Summit 2025: Investment hopes amid economic challenges

The Bengal Global Business Summit (BGBS) was held in Kolkata on February 5th and 6th, 2025.

BUSINESS ECONOMICS

Mia by Tanishq partners with Swiggy Instamart to deliver in 10 minutes

Mia by Tanishq, one of India's trendiest precious fine jewellery brands, announces its collaboration with Swiggy Instamart, marking its entry into the burgeoning quick commerce space.

BUSINESS ECONOMICS

Colgate Palmolive (India) Ltd

Colgate-Palmolive India Limited (CPIL), a leading consumer goods company in India, is renowned for its dental care, personal care, home care, and pet nutrition products.

BUSINESS ECONOMICS

India's Stance on Chinese Investments: A Strategic, Not Just Economic, Decision

India has imposed restrictions on Chinese investments, a move driven not only by economic considerations but also by national security concerns and geopolitical realities.

BUSINESS ECONOMICS

India needs Development Finance Institutions: Bridging the gap for MSMEs

India's economic landscape has long been fueled by the vigor of its small and medium enterprises (MSMEs), which contribute significantly to GDP and employment. However, a glaring void in the financial ecosystem threatens their ability to scale and thrive. This gap lies in the absence of robust development finance institutions (DFIs) that cater specifically to medium enterprises as they outgrow micro-level operations but are yet to reach the stature of large corporations.

BUSINESS ECONOMICS

Budget 25-26: FM cuts middle class tax burden, aims at consumption-led growth

The Budget focuses on agricultural growth, with initiatives like a Makhana Board, National Mission for High Yielding Seeds, Cotton Productivity Mission, enhanced Kisan Credit Cards, urea plant expansion, and sustainable fisheries development to benefit farmers and boost production.

BUSINESS ECONOMICS

Fiscal analysis of the Budget 2025

On February 1, 2025, Finance Minister Nirmala Sitharaman presented the Union Budget 2025, marking her eighth budget presentation. This budget outlined key strategies for taxation, government expenditure, and economic growth for the fiscal year 2025-26 amidst significant economic challenges. Despite only a six-month gap between her seventh and eighth budgets, the Indian economy has faced major hurdles during this period.

BUSINESS ECONOMICS

MSME Sector: Focus on credit allocation, but many issues remain unaddressed

BUSINESS ECONOMICS

India's balancing role in the new 'rightist', de-globalised world.

The world's political tilt towards 'right' may usher in far reaching consequences, both in terms of international trade and in social life in general.