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Category archives: Business

Bottlenecks & Challenges For Businesses In India

Clamorworld Special: Bottlenecks & Challenges For Businesses In India The GES or the Global Entrepreneur Summit 2017 in India is set to provide a fresh lease of life to the Make in India drive and entrepreneurship opportunities in the country. Perhaps that is what makes it an appropriate opportunity to truly assess the business opportunities in our country and the bottlenecks that businesses deal with. Experts see the scope of […]

GES 2017: PM Narendra Modi invites global entrepreneurs to invest in India

GES 2017: PM Narendra Modi invites global entrepreneurs to invest in India Hard-selling his government’s reforms, Prime Minister Narendra Modi invited global entrepreneurs on Tuesday to come to India, saying that it provides an investment friendly environment where restrictions have been removed and archaic laws abolished. Speaking at Global Entrepreneur Summit 2017, he said over 1,200 outdated laws have been scrapped, 87 rules for foreign investment eased in 21 sectors and […]

Mahindra manufacturing plant in USA

Mahindra manufacturing plant in USA DETROIT:  Call it MANA’s push in the time of #MAGA. India’s $19 billion business major Mahindra is taking another crack at the American market. Unrelenting in its effort to make a mark in the world’s premier auto industry, its US beachhead Mahindra Automotive North America(MANA) is opening a new manufacturing plant outside Detroit, a gambit that also fits in with President Trump’s Make American Great […]

Increased demand make eggs costlier, now as costly as chicken

Increased demand make eggs costlier, now as costly as chicken Including eggs in your diet may now cost you almost as much as purchasing a full chicken. Reports have come in that if we consider the average weight of eggs, then per kilo rate would work out to almost that of the price of a chicken. If we consider that the weight of an average egg is 55 grams, then […]

Paytm joining hands with ICICI

Paytm joining hands with ICICI ICICI bank and the digital payment startup Paytm today announced a conglomeration beginning between the two. They are jointly planning to launch ‘Paytm-ICICI Bank Postpaid.’ according to them, it is going to be the most seamless way to enjoy digital credit, interest free. Millions of Paytm customers are going to be able to access instant credit for everyday use-cases. These can range from bill-payments to […]

Ambanis are the richest in Asia- Forbes

Ambanis are the richest in Asia- Forbes The 2017 Forbes list of Asia’s richest families has come out, and for the first time the Ambanis with a net worth of US $44.8 BN have topped the list. The list declares the richest 50 families of the Asian continent and orders them on the basis of their net worth and wealth. The combined wealth of all the 50 families on the […]

31st ASEAN summit begins in Philippines

31st ASEAN summit begins in Philippines The 31st ASEAN Summit has begun in Manila, Philippines where earlier today in the opening ceremony Honourable Prime Minister of India Narendra Modi was seen shaking hands with other leaders. Modi interacted with other world leaders including the US, China, Russia. The event’s gala dinner was attended by them all, hosted by President Rodrigo Duterte of Phillippines. Modi is planning to hold bilateral meeting […]

23rd GST Council meet:Here are the some key points

In a massive relief for consumers, the Goods and Services Tax (GST) Council on Friday decided to slash tax rate on a wide range of mass use items– ranging from chewing gums to detergents–to 18 per cent from existing 28 per cent. The Finance Minister Arun Jaitley said in more tax rate changes, “178 items have been moved from 28 per cent to 18 per cent GST slab, changes will […]

Almost a year after demonetisation RBI says still verifying returned notes

Almost a year after demonetisation RBI says still verifying returned notes Almost a year after Prime Minister Narendra Modi announced demonetisation, the Reserve Bank of India said that the Rs 500 and Rs 1,000 bills returned to banks are still being “processed in all earnest” through a sophisticated currency verification system. In reply to an RTI query, the central bank said it has processed about 1,134 crore pieces of Rs.500 […]

The great Indian disagreement on demonetisation, GST: Why economists are split

Over the past few weeks, a ferocious disagreement has raged between several Indian economists. The heart of the matter concerns the impacts of demonetisation and the goods and services tax (GST) on India’s broader economy. Let me be clear that I use the word disagreement rather than debate advisedly. Surjit Bhalla, now a member of the prime minister’s economic advisory council, set the ball rolling by claiming that growth rates […]