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Latest Articles in magazine 25 feb 2023
Union Budget Gets A Thumbs-up
Union Budget 2023-24, with record capex, hopes to see a massive expansion in infra, even as it aims for fiscal consolidation and assuaging key constituencies
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“Today The Discerning Tourist Supports More Sustainable And Low Impact Tourism”
Union Tourism Secretary Arvind Singh recently spoke to BW Businessworld about the phenomenal growth in domestic tourism post pandemic and how the government is introducing new measures to make this sector a big contributor to the GDP
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Template For Developed India
Union Budget 2023-24, with record capex, hopes to see a massive expansion in infra, even as it aims for fiscal consolidation and assuaging key constituencies
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Losing Steam?
The government’s disinvestment programme, designed to free it from owning and running businesses, appears to have been put on the backburner
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The Big Fall
Accusations of fraud and stock manipulation by US-based short seller Hindenburg Research has hammered the stocks of Adani Group companies out of shape and dethroned promoter Gautam Adani as the third richest man on the planet
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‘CX Is Very Important In Recessionary Environment’
In a conversation with BW Businessworld, Rob Tarkoff, Executive Vice President & General Manager - CX, Oracle Corporation, speaks on the importance of customer experience (CX) against the backdrop of growing fears of recession, importance of AI and more. Edited excerpts:
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A Growth-oriented, Inclusive Budget
To improve confidence among local and foreign investors, the FM announced several measures to improve the business environment of the country. Notable developments include reducing more than 39,000 compliances, decriminalising more than 3,400 legal provisions, and introducing the Jan Vishwas Bill to amend 42 central Acts
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Balancing Growth And Fiscal Discipline
The higher outlays on infrastructure development and agriculture will have a multiplier impact on the economy, while the changes in income-tax exemptions and slabs would go a long way in putting more disposable income in the pockets of the consuming class
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Budget 2023-24: Signalling Growth With Macroeconomic Stability
The IMF has estimated the global growth for 2013 at 2.9 per cent and at least a third of the global economy is facing recession. The pressure of imported inflation combined with the withdrawals from foreign institutional investors have put greater pressure on exchange rates and prices
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Year Of Layoffs?
The mega layoffs announced by the US tech giants since the beginning of the year as well as more than 22,000 job cuts effected through 2022 by our very own tech startups may not be the last time we have heard this sordid story this year
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The Road Not Taken
Why not spend more on expanding the rail network to create new industrial and commercial hubs through efficient movement? Why not a quantum increase in funding the creation and use of waterways?
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India, Clusters and the Case for Uniform Growth
Traded clusters, such as the IT industry in Bengaluru, the video production and distribution industry in Mumbai, and the financial services industry in New York City, are thought to be the driving forces behind regional prosperity. Local clusters, on the other hand, are dispersed throughout the country, mirroring the spread of general economic activity and serving the demands of regional markets
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Better Marketing Is Better Business!
Being the first to predict and understand changing client demands is currently the best choice for expansion, with inorganic methods like acquisitions and partnerships having been exhausted for many organisations
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Trusteeship In City Management
The Ajanta Oreva group is the biggest and most resourceful business house emerging out of Morbi city with a turnover of more than Rs 1200 crores. It, therefore, had a definite responsibility to the well-being of the citizens of the city of Morbi, along the lines of trusteeship that Gandhiji preached. Its role in improving key infrastructure in a small city like that was important because this was quite surely a city that was cash-strapped, with weak city governance systems, comprising low-experience manpower whose training was inadequate.
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Market Not A Jungle, But A Garden; Needs Tending
India has a strong anti-monopoly policy; it’s the implementation that is the concern
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