Currently Browsing: Indian Economy and Industry

Introduction India has emerged as the fastest growing major economy in the world as per the Central Statistics Organisation (CSO) and International Monetary Fund (IMF). The Government of India has forecasted that the Indian economy will grow by 7.1 percent in FY 2016-17. As per the Economic Survey 2016-17, the Indian economy should grow between […]

Demonetisation has possibly been the single biggest policy brand this country has seen in 2016. It certainly was bigger than GST from an impact perspective. It is a policy initiative that in its current state looks terrible on implementation and weak on intent. As on date over 82 per cent of the total tender float […]

Prime Minister Narendra Modi, riding to power on the promise of economic growth, launched his Make in India pet project in September 2014 to boost manufacturing and reduce dependence on imports. The project aimed to create more jobs by enhancing India’s potential of becoming a manufacturing hub, specially for electronics, in the next three years. […]

India has been clocking some fast-paced growth over the past few years. As the world’s fastest-growing major economy, it is poised to displace Germany as the world’s fourth-largest economy by 2022, according to the International Monetary Fund. By 2032, its economy is expected to grow to $10 trillion from the present $2.3 trillion. In this […]

Indian Engineering Education has applied the 80/20 rule. Where 20% of engineering graduates lead us to celebrate all that works in Indian engineering education. Did you know that 80% of Indian Engineering graduates are considered unemployable? That means roughly half-million engineering students don’t have jobs when they graduate every year which is a result of […]

The global financial crisis prompted many companies to pull in their horns, hoard cash, trim costs, and take a wary view of large investments. Yet the same crisis ushered in a new age of capital superabundance. Bain & Company’s Macro Trends Group carefully analyzed the global balance sheet and found that the world is awash […]

It’s time for corporate boards to add “startup engagement” to their CEOs’ job descriptions. CEOs know it’s important to engage with startups, but startlingly few seem to do it themselves. Too often this critical responsibility is shrugged off to other company departments, including innovation, business development, marketing, and PR. This is just not enough. Startup […]

Gurgaon-based India Accelerator will soon launch an incubation program and offer early-stage technology startups benefits from its newly-acquired membership of the Global Accelerator Network (GAN). The GAN is a consortium of 70 leading accelerators in the world including H-Farm in Italy, NXTP Labs in Argentina, SparkLabs in South Korea and Techstars in the United States. […]

There’s not a lot that can be said about this budget and I guess that’s not a bad thing. Most people agree on the fact that there’s nothing path breaking in there but neither is there anything disastrous. Having said that, for me the direction of levelling the playing field, or at least giving the […]

Finance minister Arun Jaitley in his budget has reiterated the government’s commitment to job creation and identified several sectors – textiles, leather, tourism, transportation and affordable housing – that he said will open up employment opportunity. In his speech on Wednesday, Jaitley described “energising youth through education, skills and jobs” as one of the government’s […]