There were rumours about people not buying mangoes and meat from Muslim sellers in several Bengaluru markets. “Politicians and their games. Sitting in power and doing nothing”—these were the words from one of the Muslim mango sellers from the Mango market on Jayachamrajendra (JC) road. “I have not faced any business loss over my religion. […]
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Russia and Ukraine’s war caused a global wheat crisis which encouraged India to export more rice and wheat. There has been a rise in exports of rice and wheat from India due to the ongoing Russia- Ukraine conflict, say experts.Exporters fear the popularity of rice-based products like broken- rice could be only temporary. Aashutosh Agrawal, […]
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Profit margins of manufacturers are a casualty of the war. Prices of metals and fuel have spiked. Bengaluru: V. Sudarshan, owner of Spectrum Tool Engineers, a precision machine parts manufacturing company is at a loss—in more ways than one. The cost of most raw materials he uses has gone up by 40 to 50 percent. […]
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With the Ukraine War affecting diamond exports from Russia, lab-grown diamonds are expected to see a rise in demand. Bengaluru: Diptesh from Kolkata had joined an Information Technology (IT) company in 2021, the year he graduated from college. While he was in college, he always wanted to gift something memorable – something precious – to […]
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“While big players have the advantage of deep pockets and strong lobbies, MSMEs tend to lag behind though their potential is recognised.” Bengaluru: Years ago, many students joined the Central Manufacturing Technology Institute (CMTI) to study aerospace engineering. When they came out, they either joined established aeronautical companies or established their own small and medium […]
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More than 20,675 NGOs have got their FCRA licenses cancelled to date, with 1445 NGOs in Karnataka. Bengaluru: Kolkata-based Sayan* runs a non-governmental organization (NGO) working for the queer community across West Bengal. However, for the last year, he has been scrambling for ways to release the foreign grant he has received. Mumbai-based NGO owner […]
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Companies that are undertaking an increasing number of blockchain-based projects are in demand in the Indian market. Blockchain and cryptocurrency-related professions and courses are increasing in India. Bengaluru: Dushyanth Chowdary, who is an engineer, did an expensive Blockchain developing course that cost him Rs. 8 lakhs. But he did not land any job. According to […]
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It may be good for the environment, but manufacturers say they are losing their income. It started from a four percent fall, back in 2015, and has gone down to eight percent in 2021. There has been no relief said those involved in this business. The leather export business looks a lot different today. “Back in […]
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Since its legalization in 2009, algorithmic trading has evolved significantly but due to unregulated algo trades, market manipulations pose a threat to transparency. Algorithmic trading has become popular in the Indian market, despite the accompanying risks. The recent National Stock Exchange (NSE) co-location scam illustrated the dangers of algo-trading and highlighted the need for regulation. […]
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Statistics show, for every mobile banking transaction done by Indians in 2020, they have done two in 2021. Salaries, rent, groceries, shagun, utilities, petrol charges, and investments for a layman. Procurement of raw materials, advertisement expenses, capital expenditure, IT maintenance services, and more for a business house. All these payments are done digitally, pan-India. According […]
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