Scheme on Entrepreneurship Development
An entrepreneurship development scheme is currently being developed by Ministry of Skill Development and Entrepreneurship. The scheme will being designed around the following major elements: Educate and equip potential and early stage entrepreneurs across India: In partnership with experts, a world class entrepreneurship education curriculum will be developed. This curriculum will be delivered to all […]
Unemployment at 5-year high, even a 7.6% GDP growth means little to India’s poor
Union finance minister Arun Jaitley now exercises more caution when he speaks about India’s economic performance during foreign trips. The ‘we-are-the-best-and-everything-is-fine-here’ tone has changed to the we-are-better-than-others-but-have-issues-to-sort-out tone, a more real and mature one. At Washington, where he is leading a high-power Indian delegation to the annual fall meeting of the International Monetary Fund and […]
Revenues of Maruti Suzuki India Surge by 20.3% y-o-y in March 2017 Quarter
Operating profit up 9.9%; Net profit rises by 15.8% Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, reported a 20.3 per cent increase in its revenues in the March 2017 quarter. The company’s operating profit grew by 9.9 per cent and net profit by 15.8 per cent. The company attributed the rise in profits […]
10 reasons why India will enter the fast track by 2020
While growing up, we were told that for every step India took forward, it took two steps back. That indeed seemed to be the case for decades after Independence. The first big step forward was the liberalisation in 1991 – we haven’t looked back ever since.The second leap forward could be the 2014 general elections, […]
Indian Railways carries 108.1 million tonnes of freight volume in March 2017
Freight traffic grows by 7.7 per cent Indian Railways (IR) carried 108.1 million tonnes of freight traffic in March 2017 as compared to 100.4 million tonnes carried in the corresponding month of the previous year. This translates into a growth of 7.7 per cent which was owing to an increase in freight volume of commodities […]
Glass industry to Witness Completion of Three Projects During 2017-19
Aggregate investment pegged at Rs.50 billion Glass industry, which is likely to have completed two projects amounting to Rs.6 billion in 2016-17, is expected to witness completion of three projects during 2017-19. The projects that are likely to get completed during 2017-19 belong to Hindusthan National Glass, Gujarat Borosil and Saint Gobain India. A total […]
India in 2020: the factory of the world?
As China looks to wean its economy off a heavy dependence on investment and exports, India is embarking on the very same growth model that could see the South Asian nation assuming the role of the world’s factory floor within the next decade. Prime Minister Narendra Modi has articulated in recent speeches and through policy […]
Job Sectors
Finance 1. Since its September 2014 launch, the nation-building ‘Make In India’ initiative has created more job opportunities, especially in the emerging manufacturing industry. Headcount has also increased in the healthcare and technology industries as well as infrastructure’s three specialised sectors: energy, power, and EPC (engineering, procurement and construction). 2. The profitability and sustainability of e-commerce […]
How to cut the overhead costs for your startup
The sooner you realise that “budget may limit your startup”, the better for your company’s progress. A lot of new ventures are initially funded by just friends or family, and sometimes even out of the entrepreneur’s own pocket, which means there is a cap on the amount of cash flowing in. Here are some ideas […]
India Salary & Employment India – 2017
India has enjoyed a good year and we expect the country to continue with its positive growth, largely unaffected by the global economic slowdown, due to the continued influx of foreign direct investment under the government’s “Make in India” campaign. Manufacturing output has already increased, with new orders coming from overseas firms seeking to utilise […]