India is known as one among the world's largest producers of Textiles and Apparel. The textiles and apparel industry in India spreads across the entire value chain from fiber, yarn, fabric to apparel. The Indian textile and apparel industry is highly diversified with wide range of segments ranging from products of traditional handloom, handicrafts, wool, and silk products to the organized textile industry in India. The organized textile industry in India is characterized by the use of capital-intensive Read more [...]
It is important for all enterprises to secure competitive advantages in the market to succeed in their venture. Thus, to be an active player in the market, each enterprise needs to focus on monitoring the external environment and securing competitive intelligence.
The external environment refers to the factors contributing outside the control of an enterprise that can impact its success. Analyzing and understanding the external environment is vital to identify its threats and opportunities. Read more [...]
Unified Payments Interface (UPI) is a mobile app-based payment system that brings multiple bank accounts to one platform. It results in an effortless funds transfer experience which is quite unique in the industry. UPI combines various banking services, smooth fund routing, plus merchant payments into a single mobile application (of any participating bank). It also handles "Peer Peer" collection requests, which can be scheduled and paid according to need and convenience.
UPI was introduced in Read more [...]
Cryptocurrencies have lately been the most popular asset to be exchanged throughout the exchanges. The asset has garnered attention despite its ambiguity and volatility. The key reason is its independence from the physical world, which makes the asset resistant to any political, economic, or environmental changes in the international community. Of course, security and profit are also the major components that enable the growth of Bitcoins. The maturation of the asset has attracted institutional investors, Read more [...]
As the words Unicorn and Decacorn catch up in the global startup industry, there is a momentum in similar manner in India. As of April 2021, there are 600 unicorn companies worldwide, and India contributed around 4.9% in the unicorn segment. However, the country is yet to open account with Decacorn.
According to NASSCOM, the trade association of Indian IT BPM industry, India added 12 unicorns in 2020, bringing the total Unicorn to 39, making it the third largest in the world. Startups raised approximately Read more [...]
Solar PV rooftop systems are known for its ease of installation, low maintenance, and longer lifetime. The systems are financially viable with a decent return of 15% according to project reports. Rooftop Solar PV has huge potential, and the government policies and regulations are already in place to promote large scale deployment. Rooftop solar comes as grid based and off grid.
Rooftop solar falls under Grid-based when the rooftop consumers are connected to the larger grid that is owned by Read more [...]
Ford Motor Company, the world's biggest carmaker will cease its operations in India after 25 years of business in the country. According to the automaker, it would be difficult to return to profitability in India in the near future, since it incurred a $2 billion loss. Ford India will close its manufacturing in Sanand, Gujarat, by the fourth quarter (Q4) of 2021, and it will close its Chennai facility by the fourth quarter (Q4) of 2022, After MAN Trucks, General Motors, Harley Davidson, and Read more [...]
The recent drop in the Sri Lanka economy is an interesting topic to analyse. The country has faced huge forex reserves are depleting, resulting in currency depreciation, inflation, and a supply crunch. Due to the supply shortages, people are waiting outside shops to stock up on essential goods. The unexpected surge in demand and panic purchasing has resulted in rising prices. This prompted the Sri Lankan government to declare an emergency, which allowed authorities to confiscate goods and determine Read more [...]
"National Monetisation Pipeline" (MNP) project is a new term coined recently. For general public, it is a new term much after the word “Demonetization” which had generated much flutter in the society those time. Let’s hope that the word “Monetisation” as the name sounds does not freeze currency or asset but let will release the potential of idle resources.
The "National Monetisation Pipeline" is supposed to bring 6 trillion INR to economy. The government's goal is to unlock value Read more [...]
Pegasus, of late known as government spyware, has created a stir in the minds of people all around the globe. The company has accepted that they sold the software to 40 countries or governments. Even if your country is not a subscriber still there are chances that the enemy nations may use it against you since the mobile phones are part of a wider network. Once such software falls in the hands of wrong people, they can use it against one and all, at free will, without following any laid down Read more [...]