Anil Sasi is National Business Editor with the Indian Express and writes on business and finance issues. He has worked with The Hindu Business Line and Business Standard and is an alumnus of Delhi University.
The announcement triggered comparisons with the package that Tesla awarded Elon Musk in 2018, and spotlighted the potential of this nascent sector, some of whose flagbearers are yet to bring a product to market.
🔴 The issue of policy certainty gains salience again with the new Omicron variant of the coronavirus being highly transmissible and the demand for medical items including syringes likely to remain high.
🔴 Tweeting from a Pakistan embassy handle, a hacker recently flagged rising inflation in the country. A look at Pakistan’s current and impending economic crises, and what it has been doing to tide them over.
🔴 A cryptocurrency is a medium of exchange, such as the rupee or the US dollar, but is digital in format and uses encryption techniques to both control the creation of monetary units and to verify the exchange of money.
Amid a consensus that big multinational companies are funnelling their profits through low-tax jurisdictions, 136 countries including India have signed a historic pact to enforce a minimum corporate tax. A look at the deal, why the need was felt, and the challenges for India and other countries in implementing it.
While there is expectation that the demand could start tapering off from the latter half of October, Union Power Minister R K Singh said the bridging of the fuel gap is still likely to be a “touch and go” affair and that he is bracing for a trying “next five-six months”.
Union Power and Renewable Energy Minister R K Singh said the coal shortage situation this time is serious and is being handled at an inter-ministerial level, and that the situation presents both a challenge and an opportunity at the same time. He also talked of a bundling plan for future renewable energy bids.
Chinese real estate major Evergrande, $305 billion in the red, is on the brink of explosion. Markets have been spooked by fears of an effect on economies — but Evergrande is unlikely to become the Lehman of this era.
The surge in female labour force participation rate, as evidenced in the latest Periodic Labour Force Survey (PLFS) data for July 2019-June 2020, can be interpreted as a positive sign, but there is a catch: much of this increase is in the most sub-optimal category of unpaid family workers.
A sustained recovery in global trade and demand from key external markets like the US and the European Union in product categories such as textiles and garments have helped boost India’s exports, which recorded the sixth consecutive month of growth in August.
The systems seek to achieve a range of objectives: better identification of criminals, law enforcement use at railway stations, passenger check-ins at airports, biometric attendance at companies, and even student authentication mechanisms.
There are clear indicators of the economic distress and lack of opportunities in the government's latest annual PLFS (Periodic Labour Force Survey) data, which points to workers being forced into low productivity and low paying work, thereby aggravating the under-employment problem.
While policymakers in the NITI Aayog and the Power Ministry maintain that the established lithium-ion ecosystem is likely to continue to be the mainstay for the projects that are on the verge of being rolled out, there is now a fresh impetus to examine these new technological breakthroughs from an improved viability and end-use perspective while drafting new project proposals.