Tuesday, December 7, 2021

Employment data disappoints in November

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

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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

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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.

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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)

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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

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A new era in public procurement

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

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Alibaba Group overhauls e-commerce business amid onslaught of woes

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

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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)

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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 ht...