UN gender report 2022 shows, it will take 140 years more for women to get equal representation in the workplace. The World Bank data shows the number of women taking part in paid work dropped from 32 percent in 2005 to 19.2 percent in 2021. Pooja Rathi, team leader at Excel Dynamic said, “In […]
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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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“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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The Covid-19 pandemic has affected the income of middle-class households. Reports state that automobile sales in India decreased in the fiscal years 2020 and 2021 compared to 2019 with the onset of the Covid-19 pandemic. . With over 295 million registered vehicles in 2019, India’s automotive business was one of the world’s largest, report states. […]
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Plans to go abroad get foiled while plans to return get postponed as India goes through the lockdown amidst the second wave. The Indian economy stands to lose with a lower number of international migrants. Bangalore: Preeti Pathak, a citizen of the United Kingdom, came back to India in February to visit her mother-in-law, who […]
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The daily lockdown, along with the rising number of bird-flu cases, has dimmed meat-shop owners’ hope of earning a profit. Ludhiana: Balwinder Singh, owner of Friends Chicken Centre, is distressed because his business has been running in losses since the pandemic started. The 17-hour-long daily curfew has only added to his woes. “The number of […]
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Business benchmark indexes Sensex and Nifty had minor gains from Monday, May 3, 2021, till Thursday, May 25, 2021. Delhi: While Bombay Stock Exchange (BSE) Sensex closed at 51,115.22 points, with a gain of 97.70 points, the National Stock Exchange (NSE) Nifty went up to 15,337.85 points by 36.40 points on Tuesday. Over the past […]
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Restricted issue of general and seasonal tickets coupled with the prevailing Covid-19 scare has impacted the livelihoods of Railway canteen owners. Bengaluru: Imran Sheik, a native of Bihar came back to Bengaluru, after the lockdown to reopen his tea stall on Platform 8 of K S R City Railway Station, expecting that the storm had […]
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Not just banks all over the world, god’s banks too, had to resort to innovative solutions in the pandemic. Ludhiana: A total of 11 people, including five gardeners and six pundits were paid their salaries and wages in coins at Geeta Mandir, Vikas Nagar. The total of their salaries and wages came to Rs. 55,000. […]
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