As India undergoes transformative economic changes, it is witnessing a manifold development in its labour market and human resource practices. Shedding the shackles of the past, a substantial quantum of people are finding the idea of independent contract-based and freelance work appealing, marking the departure of typical 9-to-5 jobs. For starters, a decade ago or so, a job would mean getting a task done at a designated location where one would typically spend eight hours a day.
Category: Business & Finance
ESG: A Corporate Facade or a True Commitment?
Let me begin by asking you a question. How many of these boxes have you checked? A donation box right next to the billing counter, asking you to chip in for an NGO every time you visit the supermarket. Coffee cups with bold, eco-friendly labels declaring they’re made of recycled material, justifying those extra cents in charges. Every clothing brand telling you they’ve used “sustainable” cotton, while you pay a premium for it. Does this sound familiar?
Impact of Israel-Hamas and Russia-Ukraine Conflicts on Stock Markets
Geopolitical conflicts have the potential to impact global stock markets through various economic and financial channels. Disruptions to energy and commodity supplies, increased market volatility, and heightened economic uncertainty can all weigh on investor sentiment and stock prices. Additionally, the potential for these conflicts to escalate and draw in other regional or global powers could further exacerbate their impact on the financial markets.
Tata Motors should worry about BYD and Xiaomi and not Tesla
Concerns have been raised by indigenous automobile manufacturers, most notably Tata Motors, in response to the recent statement made by the Indian government on a new policy for electric vehicles (EVs). In particular, the policy includes a provision for decreased customs tax for global EV manufacturers such as Tesla. In spite of the fact that the strategy is designed to entice well-known electric vehicle manufacturers to set up production facilities in India, it also raises concerns over the possibility of rivalry and the consequent effects it may have on domestic companies. The Make in India project provides businesses with the option to import a considerable number of electric cars each year, allowing them to take advantage of a significantly reduced customs tax rate of 15%.