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A factory in India

Four steps Modi govt must take to revive India’s MSME sector post-lockdown

There are 67 millions MSMEs in India, most of them micro and unorganised. The Modi government must provide incentives to pull them out of Covid crisis.
Gunny bags of onions | Dhiraj Singh/Bloomberg

If 10 years from now you see 30 types of onions in Indian markets, this is how it happened

In 2019, people think lakhs of voters will ignore their community, leaders, party and freebies, to vote against a govt under which onions became expensive.

Add to cart? How Amazon rigs its shopping algorithm

For the hundreds of thousands of companies that sell on Amazon’s platform, ‘winning the Buy Box’ is everything.
An employee fits a wheel in a car factory | Representational image | Photo: Udit Kulshrestha/Bloomberg

Why economic progress is not at the centre of India’s national agenda anymore

The Modi government can win elections amid a slowing economy and the opposition has lost its voice.

Blackstone’s first-of-a-kind India IPO confronts rate jitters

Firm’s IPO may raise as much as $1 billion but could be delayed should investors demand a higher-than-expected yield.
Indian Economy

India’s recovering economy puts June rate increase on table

Growth accelerated to 7.7% in the quarter ending March, making India the fastest growing major economy. Amid growing calls to pull the rate trigger, this might see the RBI increase interest rates as early as next week.
Developing countries have borrowed steadily over the past decade | IMF | Twitter

Worse than 2008? Here’s what the emerging market numbers show

According to the Bank for International Settlements, the U.S. dollar credit to non-bank borrowers in developing countries reached $3.7 trillion at the end of last year. 
A share broker monitors market fluctuation

On BSE, total investor wealth plummets by Rs 10 trillion

Total investor wealth, measured in terms of cumulative market value of all listed stocks on BSE, fell by Rs 10 trillion in past three trading sessions to Rs 143 trillion

On Camera

Artist concept of the solar system. | Photo: NASA

Millenials love discussing Mercury retrograde on Instagram, but scoff at jyotish predictions

If you’re a millennial and everything is going wrong at work, in love, and in life — it’s probably just Mercury retrograde, which began in June and ends mid-July.

Indian lawsuits allege former Wirecard COO played key role in deals later mired in disputes

The suits allege Marsalek took part in negotiations leading to the acquisition of Hermes by a Mauritius-based private equity fund in 2015.

Defence

Prime Minister Narendra Modi meets soldiers who were injured in Galwan Valley clash, during his visit to Ladakh, in Leh on 3 July 2020 | ANI

Modi dares China, tells Indian Army ‘our enemies have seen your fire and fury’

China sees Modi’s visit as an attempt to ‘escalate’ the situation. Experts say the visit was a powerful message to China to not escalate the matter.
Illustration by Soham Sen | ThePrint

It’s time for China, Pakistan, even India to rethink the fantasy Modi called expansionism

India, China and Pakistan all want territory from another. But it’s a pursuit doomed to fail as they can’t get it without annihilating the other.