In April this year, India exported goods worth $20.57 billion, almost
24 per cent less than the $25.63 billion in April 2014. In 2015/16, the
figure was $261 billion, 18 per cent less than the $314 billion in
The narrowing price gap between petrol and diesel, the Supreme Court ban
on registration of diesel vehicles with engine capacities of 2,000 cc
or more in Delhi-NCR, and the embargo on 10-year-old diesel vehicles in
the capital, and now in Kerala, could very well lead to the death of
diesel cars in India.
Two years ago, the prime minister had entrusted Piyush Goyal the task of reviving the country's comatose power sector. In an interview with BT's Anilesh S. Mahajan,
Goyal assured that he is well on his way towards delivering on the
promise by tapping the synergies between the ministries under him.
Between 2011/12 and 2014/15, Jet struggled due to poor network planning,
operational inefficiencies, directionless management and insufficient
brand focus. Things started changing after the stake buy by the UAE's
national carrier, Etihad Airways, in November 2013.
On May 16, India's premier bourse, the National Stock Exchange (NSE),
declared a hefty dividend of Rs 73 per share for its shareholders. The
total payout aggregated to almost Rs 330 crore - close to 75 per cent of
the exchange's total profit of Rs 439.33 crore for FY2016.
Technology has changed our clients businesses and our business. It
requires us to create ideas in different modes, in different channels
and quicker than we had to before, says Chuck Brymer, President and CEO, DDB Worldwide Communications Group.
After scripting one of the most remarkable turnaround stories of recent
times, Ajay Singh, Chairman and Managing Director of SpiceJet, may
finally start taking a salary - for the first time since he took charge
of the ailing budget carrier in January 2015.
Alongside bottled drinking water, water purifiers for home use
are also spreading rapidly. ValueNotes estimated this segment at Rs
3,400 crore in 2014, having grown at a CAGR of 20 per cent in the three
While buyouts by large corporate houses during an economic downturn at
cheap valuations are not uncommon, Jindal's JSW Group already has
accumulated total debt of around Rs 56,000 crore. Also, its major
businesses have an exposure to sectors facing challenging times.
Opportunities are multiplying because both
the Centre and state governments have realised the urgency and magnitude
of the water problem. A big driving force is the millennium development
goal of sanitation and water access for all.
In a drought situation, as currently prevailing in Maharashtra's
Marathwada region, the temptation - and indeed in many cases, the
compulsion - to procure water by means fair or foul, increases manifold.
India is going dry, literally so. The per capita availability of water has dropped from 5,177 cubic metres in 1951 to 1,545 cu m in 2011, which is below the 'stress level' of 1,700 cu m. Solutions to India's acute water crisis are a booming market.
In 2003, the global economy started growing rapidly, after two years of
lacklustre growth following the great tech crash of 1999/2000. The growth peaked in 2006, and the year 2007 continued to be nearly as
good. In the western countries, the growth was largely fuelled by a
housing bubble and a boom in the financial markets that were creating
and trading in all sorts of exotic instruments.