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Workers at a spice factory in Pune

Modi govt has come to the rescue of MSME financing. It now needs to give one extra push

TReDS platform boosts cash flow financing for small businesses. And yet, only about 10,000 out of more than 6 crore unincorporated MSMEs are registered on the platform.
Another day of wait outside a branch of Aryavart Bank, a regional rural bank, in Piswan

Economists must stop looking at rural India as just labour supply tool post Covid: Yunus

Now is a good time to integrate the most crucial feature missing in the Indian micro-finance system — running it as a social business, writes Nobel Peace Prize winner Muhammad Yunus.
Dubai

Dubai businesses start growing again for the first time after coronavirus struck

Businesses in Dubai are benefiting from lifting of lockdown restrictions, with foreign visitors allowed to enter. However, a weaker outlook hasn't stopped job losses.
A shop that reopened in May at Delhi's Nai Sarak | Photo: ANI

Indian business outlook is the worst in the world, survey finds

The business activity net balance fell sharply to -30% in June from +26% in February, according to IHS Markit India Business Outlook survey results.
The protests have crossed the 100-day mark. | Photographer: Justin Chin | Bloomberg

What Hong Kong’s new security law means for business

Continued uncertainty over the law’s implementation, response by protesters and retaliation from US may restrain Hong Kong’s economic recovery from Covid.
File photo | Migrant labourers wave from a train as they leave for Barauni in UP, during the nationwide lockdown, in Amritsar, 10 May | PTI

India’s heartless capitalists deserve the labour shortages they are about to be hit with

The migrant labour crisis has arisen out of the refusal of businessmen to pay wages during lockdown. This is Indian capitalism’s hour of disgrace.
Pedestrians walk in front of the office buildings in the central business district in Singapore. | Photo: Sanjit Das | Bloomberg

Wonder how people make it big in business? New research reveals luck plays a critical role

No rule exists for achieving exceptional success because it usually requires doing something different or novel and there can be no recipe for such innovation.
Representative image (maxpixel.net)

The web might be a monopolist’s best friend

It's possible that superstar companies dominate capitalism simply because the internet has made dominance easier.
Srinagar during the shutdown following the scrapping of Article 370 | Photo: Praveen Jain | ThePrint

How Kashmir internet shutdown has hit Valley industries hard

Internet unavailable in Kashmir since Modi govt scrapped Article 370. Kashmir Chamber of Commerce & Industry chief pegs losses at estimated Rs 10,000 crore.

Siddhartha ‘suicide’: Economic slowdown & tax terror creating dread among Indian businesses?

Cafe Coffee Day founder V.G. Siddhartha’s body was found Wednesday near Mangaluru, 30 hours after he went missing Monday evening.

On Camera

People sit in an outdoor plaza in Gangtok, Sikkim (Representational image)

Sikkim stopped seeing drug users as criminals and look what happened

In 2018, Sikkim Anti-Drugs Act decriminalised illicit drug use and laid down elaborate provisions for detoxification and rehabilitation.
The Bombay Stock Exchange

Reliance, Maruti biggest losers as Sensex drops for fourth straight day amid gloomy outlook

BSE Sensex loses 0.8% while NSE Nifty 50 Index drops 0.9%. A gauge of IT firms rises 0.9%, but 16 out of 19 sector sub-indexes compiled by BSE drop.

Defence

The Chinese flag (representational image) | Pixabay

China has more than doubled its military positions at LAC since Doklam, new report says

China is constructing at least 13 new military positions near its borders with India, including 3 air bases and 5 heliports, says a Stratfor report.
Illustration: Soham Sen | ThePrint

Suspect all, fix all? Is that the motto of our new ‘National Suspicion State’?

It’s not just Modi government or BJP, but even state governments, judiciary are getting caught in a ‘we suspect all’ mindset. Is India becoming a National Suspicion State?