Over the last 30 years, trade unions became irrelevant due to informalisation of jobs and a series of changes in labour laws. Read more »
Global economy to shrink 5.2%, China will be the only major economy to record growth, says World Bank report. Read more »
If the 2008 crisis is anything to go by, the next few months will see 2-2.5 lakh people returning from abroad. Read more »
India faces a peculiar situation -- businesses are not borrowing because of a demand slump, the middle class is borrowing because their incomes have shrunk. Read more »
Indian venture capital firms shy away from offering finance to budding start-ups, while the new restrictions may keep Chinese VCFs away. Read more »
Underwear Index, the Confident Consumer, and the Stairway to Heaven: Governments and businesses are rendered clueless by the demise of old templates. Read more »
The repo rate and the reverse repo rate can be cut further following the global trends as inflation is no longer a threat to the economy and businesses. Read more »
Given the importance of fisheries in terms of employment and exports, a comprehensive package is needed for the revival of the sector. Read more »
The Union government seems to have abdicated its responsibilities and is encroaching on the state governments’ turf. Read more »
Attempts to remove bottlenecks faced by the farming community are welcome, but the policy makers should note get distracted from the need of a long-term strategy for agriculture. Read more »