India's low score on GVC a starting point for recovery from pandemic: AIIB

India rated 7.4 percentage points below the average global value chain participation rate for emerging economies

from Today's Paper https://ift.tt/31GiM9i
via

Jhunjhunwala-backed Metro Brands eyes pre-Covid margins as sales normalise

The footwear retailer has seen demand pick up across categories post the second wave of the pandemic

from Today's Paper https://ift.tt/3dqQtOP
via

American Airlines names Robert Isom to replace retiring CEO Doug Parker

Isom, 58, has been the heir apparent since he was appointed president in mid-2016 and his selection signals that a steady hand is intended for the airline's first leadership transition in eight years

from Today's Paper https://ift.tt/3DAMidE
via

'Domestic air traffic crosses 10 mn in Nov; Omicron can derail recovery'

Demand continues to be subdued from the corporate traveller segment, says ICRA vice-president

from Today's Paper https://ift.tt/3pGoWyC
via

Balancing acts

Indo-Russian summit yielded more signalling than substantive gain

from Today's Paper https://ift.tt/31yKgha
via

India's labour market distress

Implications for growth story will be severe

from Today's Paper https://ift.tt/3dy83QE
via

South Africa fuels Omicron hope by dodging hospitalisation spike

Citing hospitalisation figures from South Africa, Anthony Fauci, US President Joe Biden's chief medical adviser, said: "Thus far, it doesn't look like there's a great degree of severity to it."

from Today's Paper https://ift.tt/3Iq9UoV
via

Exchange date of American Depositary Shares extended till Jan 10: Vedanta

Holders of American Depositary Shares (ADS) can now surrender their ADSs at any time on or prior to January 10, 2022, Vedanta said.

from Today's Paper https://ift.tt/3do1Bf1
via

Myanmar's junta chief halves Aung San Suu Kyi's jail term to two years

Aung San Suu Kyi, earlier, was sentenced to two years for incitement against the military and another two for breaching Covid curbs

from Today's Paper https://ift.tt/3lBMN0P
via

Covid pandemic: No decision on booster shot, vaccination for children yet

NTAGI's meeting took place with core members in the backdrop of Omicron fears gripping India and the world

from Today's Paper https://ift.tt/3lEKGcU
via

China's central bank frees up $188 billion as Evergrande default fears rise

The People's Bank of China (PBOC) said it would cut the amount of cash that banks must hold in reserve

from Today's Paper https://ift.tt/3y1oizt
via

Employment data disappoints in November

According to World Bank's modelled ILO estimates, only 17 countries are worse than India on LPR

from Today's Paper https://ift.tt/3y0dbXd
via

Chinese developer Sunshine 100 defaults on $170 million of bonds

The firm has struggled to meet debt obligations this year as authorities cracked down on excessive leverage in the property industry

from Today's Paper https://ift.tt/3EC24qg
via

Don't take coercive action under new IT Rules: Madras HC tells Centre

The Madras High Court on Monday restrained the Central government from taking any coercive action against digital media firms under the new cal codes made to the parent Information Technology Act.

from Today's Paper https://ift.tt/3IsjBDB
via

Transform religions in atheist CCP image: Chinese President Xi Jinping

Xi has been calling for "sinicisation" of religions, re-orienting them to function under the guidance of the Chinese Communist Party (CCP)

from Today's Paper https://ift.tt/3EpFi4F
via

Food processing ministry okays 60 applications under PLI scheme

In March this year, the Union Cabinet approved a PLI scheme for the food processing sector

from Today's Paper https://ift.tt/31yixgL
via

A new era in public procurement

The phenomenon of "irrational bidding" exists where the Indian private sector has not distinguished itself in the past

from Today's Paper https://ift.tt/3dnPSx8
via

Alibaba Group overhauls e-commerce business amid onslaught of woes

It's creating two digital commerce teams, each for international and domestic markets

from Today's Paper https://ift.tt/31CEJWt
via

At $4.5 billion, investment in SaaS companies grows 170% in 2021

India now has 13 SaaS unicorns and between 7 and 9 companies with $100 mn+ annual recurring revenue (ARR)

from Today's Paper https://ift.tt/3drxGCY
via

Reflections of a rookie private market investor

Committing capital to younger companies is full of promise, but there are a few factors investors need to watch out for

from Today's Paper https://ift.tt/3y3rIBM
via