A Nation Stuck Between Missing Jobs and Growth Ambitions
India grapples with a job crisis fuelled by factors including high youth unemployment, educational and skill imbalance and low female participation, among others. In their book, The Elephant Moves: India’s New Place in the World, Amitabh Kant and Amit Kapoor explore India’s economic evolution through the lens of competitiveness, stressing the need for, and challenges to, policy changes in its run to becoming a developed economy by 2047
March 01, 2024
It Is Too Early to Celebrate India’s New Growth Path, Says Raghuram Rajan
Former RBI governor and economist Raghuram Rajan has been vocal about his ideas on policy matters in India. His latest book Breaking the Mould, co-authored with economist Rohit Lamba, is a deep dive into finer issues of the economy, including welfare schemes, job crisis, misplaced priorities of the government and much more. In an interview, Rajan demystifies the current narrative of growth in the country and why manufacturing-led growth might not be the best solution at hand. Edited excerpts:
Abdul Haleem Sherif - December 29, 2023
Outlook Start-Up Outperformers 2023: City Leaders and Their Challengers
Bangalore, Mumbai, Delhi, Chennai and Gurgaon, the top five cities in the Outlook Start-Up Outperformers 2023 rankings, have an edge over others because of the presence of key drivers for growth for start-ups, like funding and investment, human capital, availability of necessary infrastructure, etc. But other cities are catching up in some of these categories
October 31, 2023
A Tale of 5 Cities
The lure of reigning start-up hubs, like Bangalore, Mumbai, Delhi NCT, Chennai and Gurgaon, remains strong even as several Tier II and III cities vie for a larger share in the growth pie. A conducive environment, built by availability of wider talent pool, infrastructure incubators, mentors, investors, etc., lures new and aspiring founders to these cities
Vinita Bhatia - October 31, 2023
The Imbalances In India’s Growth Story
There is a serious lack of understanding regarding the connections between the real economy and the financial economy, says author Nikhil Gupta. This interconnectedness is what makes the economy a complex subject to understand. In his book, The Eight Per Cent Solution, Gupta harps on the need to make fundamental structural changes if the country wants to attain 8% economic growth rate
August 28, 2023
New India Assurance, Est. 1919
Founded by Dorabji Tata in Mumbai, New India Assurance is currently India’s largest non-life insurer with the largest market insurance share in the industry at 13.42%
July 29, 2023
Central Bank Of India, Est. 1911
Central Bank of India was established in 1911 as the first commercial bank to be wholly owned and managed by an Indian. The bank was founded by Sorabji Pochkhanawala, a Parsi banker from Mumbai who was influenced by the swadeshi movement.
July 30, 2023
Puneet Chhatwal Writes: India's First Luxury Hotel Goes Where Indians Do
Incorporated in 1899 by the founder of the Tata Group Jamsetji Tata, IHCL opened its first hotel, The Taj Mahal Palace, in Mumbai—then Bombay— in 1903. Dubbed as the best hotel east of Suez, it transformed the face of Bombay and introduced authentic Indian hospitality to the world while bringing global luxuries to the country
Puneet Chhatwal - July 28, 2023
Hinduja Group, Est. 1914
The journey of the multinational conglomerate began when Parmanand Deepchand Hinduja arrived in Mumbai. He started out with the trading business. Five years later, he set up his company’s first overseas office in Iran
July 29, 2023
Crash Of The Titans
Just like elder brother Mukesh Ambani, Anil Ambani started off on the solid ground prepared by their father Dhirubhai. However, hardly has any other family business seen such sharply contrasted trajectories as theirs. How did Anil Ambani lose the advantage? Nandini Vijayaraghavan traces the journeys of four well-known entrepreneurs whose businesses took off energetically but failed to retain the momentum and ended up struggling for survival
Nandini Vijayaraghavan - February 27, 2023