The note ban affected the demand, while GST raised production costs, forcing small industry owners to fire both contracted labourers and skilled artisans.
The owner of a gold bangle manufacturing unit in Old Delhi’s Kucha Mahajani market speaks about job losses due to a slowing economy and other factors like demonetisation and GST.
As the debate rages over who's to blame for a slowing economy, a panel of eminent experts including Rahul Bajaj, Adi Godrej, Ajay Shah, Arvind Virmani and Ajit Ranade explain what can be done to revive it.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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