Browsing CategoryEconomy

18 Mar 2019 The Indian economy retained its tag of the fastest growing major economy in the world in FY 2018-19 for a second year in a row as it continued its climb on an upward growth path. The economy registered a growth rate of 7% during the 2018-19 period…

11 Mar 2019 A joint pact between the Prime Ministers of India and Japan, this flagship program was started in 2006 by the Confederation of Indian Industry (CII) in partnership with the Japan International Cooperation Agency (JICA), Government of Japan, and National Manufacturing Competitiveness Council (NMCC), Government of India.  The…

05 Mar 2019 Changing Market DynamicsThe global economy has witnessed true transformation in the past few years. Factors like globalization, improved technology, demographics, and automation have rendered the job market more dynamic than ever. New jobs are replacing the old ones and there is an augmented need of skills and…

25 Feb 2019 Employment has emerged as an important subject in the development agenda of most national Governments and several international organisations over the past two decades. In the developed countries, persistently high and increasing unemployment rates have given rise to renewed concern for job creation, while in many developing…

21 Feb 2019 From an economic perspective, this is indeed India’s moment. India was the fastest growing major economy in 2018 and is expected to retain its numero uno position even in 2019. According to the IMF, the GDP print is estimated to rise to 7.3 per cent in 2018…

20 Feb 2019 The line of distinction between freelancers and solopreneurs who constitute the gig economy, is rather thin; while the former works for others by means of contracts, the latter’s goal is to build up a business with services and products of their own. Interestingly, the gig economy profession…

11 Feb 2019 The interim finance minister has presented a coherent, purposeful and balanced Budget which is fully aligned towards meeting the social and economic goalposts envisioned for the country. It strives to address the key socio-economic challenges even as it tries to maintain fiscal discipline and strengthen the momentum…

29 Jan 2019 The share of manufacturing in GDP has been trending at 16-17% for some years now. The Government has set a target of taking this share to 25% of GDP by the turn of 2025. India has the potential to become a $5 trillion economy in seven years,…

22 Jan 2019 The country’s Union Budget 2019-20 is expected to be presented in Parliament on 1 February. However, this year it is going to be a bit different. In view of the upcoming elections, we expect it to be a vote on account, and not a full fledged budget.…