Best Stories of the Day
How will India's economic recovery shape up? Here're some possible scenarios
Six months from the first nationwide lockdown in March, with a sharp economic contraction looming large, all eyes are on the shape of the recovery graph. Macroeconomic outlook resembles an alphabet soup.
Automakers pin demand hopes on festive season, govt intervention
Passenger vehicle sales are making a slow but steady come back. But the market share positions of automakers are in a flux.
Can India be a toy hub of the world, as PM Modi has exhorted? It’s a tough game
Industry experts also say the PM’s call to develop India into a toy hub and the commerce ministry’s move to make BIS certification compulsory after it raised import duty for toys in the budget are contradictory.
View: India needs to choose the economy it wants - Toyota or pakora?
India must break out of this vicious cycle in which taxes are high, consumer demand is low, investment and job creation are constrained, and wage incomes are insufficient to boost purchasing power at the bottom of the pyramid. Taxes are hence exorbitant and have to be collected from a small consuming class that can afford a $23,000 Toyota sedan.
Once-in-a-century Covid crisis is unleashing a new wave of mergers and acquisitions
While deals are fewer at an aggregate level since the beginning of the pandemic, deal activity is in sharp contrast with the contraction in economic activity and sentiment in the Main Street. But a flux like this also unlocks opportunities, value corrections and fire sales.
Farm fix: Two worrisome features of the farm bills that invite valid opposition
Arhtiyas are also politically influential. In all probability, they call the shots in the ongoing protests. But there are two features of the bills that invite valid opposition: one, infraction of the states’ right to decide on intra-state commerce in agriculture, and two, officer-led dispute settlement outside the ambit of judicial review.
Donald Trump gives blessing to deal to allow TikTok to continue to operate in US
He told reporters at the White House he backs the deal with TikTok owner ByteDance, Oracle and Walmart to create a new company that will assume TikTok's U.S. operations called TikTok Global. Trump said the new company will be "totally controlled by Oracle and Walmart ... All of the control is Oracle and Walmart."
Rise of waist-up fashion: Big ways in which fashion is going waist-up
Brands, designers and grooming gurus are embracing waist-up fashion as workwear evolves in the age of video calls and work from home.
Lok Sabha passes companies law bill to decriminalise various offences, promote ease of doing business
"There are 48 sections we have amended to decriminalise them and 17 sections have been amended to improve the ease of living," finance minister Nirmala Sitharaman said during a debate on the bill.
Parliament's monsoon session likely to be curtailed, may end by mid-next week
At a meeting of the business advisory committee of Lok Sabha, which has floor leaders of all parties besides the government representatives and is chaired by the Speaker, most political parties favoured curtailment of the session, which started on September 14 and was scheduled to conclude on October 1.
Without prioritising human factor, digital transformation tools will never be enough: Arianna Huffington
Even in the midst of constant change and uncertainty that’s going to define our future, it’s possible for companies not just to withstand the shocks, but to flourish and grow.
DMK sticks to Tamil pride and Centre’s hegemony. Will that translate into votes?
For DMK, which has been out of power for two consecutive terms, the stakes have never been higher. The first assembly polls in the state after the death of popular leaders J Jayalalithaa and M Karunanidhi, 2021 will also be the biggest test yet for Stalin, who was elected president in 2018 within days of his father Karunanidhi’s death.
VVIP chopper scandal: CBI names accused-turned-approver Rajiv Saxena & middleman Christian Michel in fresh chargesheet
The agency has chargesheeted over two dozen accused putting the spotlight on alleged kickbacks received via middlemen and entities deployed to route the kickbacks for VVIPs to allegedly swing the deal in favour of AgustaWestland.
Insolvency proceedings against corporate debtors, personal guarantors can go together: FM
She was replying to a debate on the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020, in the Rajya Sabha which passed the proposed legislation to replace an ordinance in this regard with voice vote.
United States Supreme Court Justice Ruth Bader Ginsburg dies at 87
She was appointed in 1993 by President Bill Clinton and in recent years served as the most senior member of the court liberal wing, consistently delivering progressive votes on the most divisive social issues of the day, including abortion rights, same-sex marriage, voting rights, immigration, health care and affirmative action.