23-Feb-20

Business Today

For Managing Tomorrow

Business Today3 min read
Good Things in Small Packages
There is a reason why Piyush Goyal’s Interim Budget and Nirmala Sitharaman’s Budget 2019 failed to kick-start India’s growth engines – but Budget 2020 could. Goyal’s Interim Budget was tasked with winning the elections with sops to the poor and the f
Business Today8 min read
Firing Up Two Cylinders
On February 1, Finance Minister Nirmala Sitharaman made a Budget speech that will be remembered for its length and sobriety. It lasted for almost three hours – the longest in the history of Indian Parliament – and lacked the number games that are oft
Business Today1 min read
The Budget Equation
• New tax exemption system to leave more money in hands of taxpayers• Agricultural credit target of ₹15 lakh crore for 2020/21; PM-KISAN beneficiaries covered• Turnover threshold for audit of MSMEs increased• Enhanced social security through pension
Business Today5 min read
“There Will Be Good Response To Direct Tax Amnesty Scheme”
Did you have any particular constituencies in mind while preparing the Budget? I don’t think I had any specific constituency in mind. I didn’t go through a sectoral approach where I have to do something for a sector or industry. We were looking at th
Business Today17 min readPolitics
Fuelling Economic Growth
Finance Minister Nirmala Sitharaman presented her second Union Budget in the midst of a desperate economic situation – a slowdown that hasn’t seen the bottom yet; consumption, private investment and exports refusing to pick up and even public expendi
Business Today5 min readPolitics
Overspending For Growth
The government has bitten the fiscal bullet and taken the option of diverging from the fiscal deficit glide path in favour of stimulating growth. The Budget, presented by Finance Minister Nirmala Sitharaman, has taken the 0.5 per cent escape route pr
Business Today6 min read
What Budget 2020 Has For You
Given the state of the economy, where consumption levels are declining, it was widely anticipated that the government would come up with some path-breaking initiatives that would leave more disposable income in hands of taxpayers and drive up consump
Business Today8 min read
Plugging Import Leaks
Last year, Varun Mittal, a Ludhiana-based manufacturer of knitted goods, observed an unusual trend in import of a key raw material (a fabric item) just after the government imposed anti-dumping duty on it to discourage imports. The import of this pol
Business Today1 min read
Cag Alert
In its compliance audit report of the revenue department in 2017, the Comptroller and Auditor General (CAG) mentions 29 cases of incorrect assessment of customs duties, mostly due to non-levy of applicable anti-dumping duty and safeguard duty on impo
Business Today9 min readFinance & Money Management
New-Age NBFCs
IF I WALK ON THE ROAD, all the small entrepreneurs on my left and right are our potential customers,” says Mohit Sahney, whose Rajasthan-based non-banking finance company (NBFC) Finova Capital caters only to the financially underserved people such as
Business Today10 min read
Low On Charge
As is evident from the first month of this new decade, the future of the automobile industry in India belongs to electric vehicles (EVs). Almost half a dozen new vehicles were either launched or unveiled in January. This is more than the tally for th
Business Today7 min readSmall Business & Entrepreneurs
Out Of The Box
Until two years ago, Prabha Natesan’s five-year-old daughter Srishti would spend most of her time watching TV or with other gadgets. “This was also when I had my second child and I didn’t have enough time to take Srishti out to play. So, she was hook
Business Today6 min readLGBTQIA+ Studies
The (Not So) Secret Sauce of Inclusion
It is rather ironic that I am writing about inclusion being the future of work. This shouldn’t have to be the future; it must be our present. Not just at our workplaces, but in the communities we build, relationships we foster, and people we choose t
Business Today5 min read
“We Have To Get To 4-5% Of GDP In Research”
When one talks of nation building, there seems to be a tendency to look at applied research more than basic or fundamental research. From where India is right now, what sort of research do you think is more important? In India, where there is a lot o
Business Today7 min readComputers
Unlocking The Innovation Key
When Marico Chairman Harsh C. Mariwala wanted to strike out from the family-owned Bombay Oil Industries in 1990, he realised that operating out of the bustling commodity market in Mumbai’s Masjid Bundar would be difficult. The location was not conduc
Business Today7 min read
AR: Moving The Real World
MG Motor India’s studio in Bengaluru’s Residency Road is unique. It is small, just 500 sq. ft., and possibly one of the very few car showrooms in India without a car. Instead, it uses augmented reality (AR) tools to give potential customers the feel
Business Today1 min readFashion
Rahul Bajaj’s Kurta Passion
Chairman of the Punebased Bajaj Group, Rahul Bajaj, stands out among Indian businessmen for multiple reasons. He has strong views and is not afraid of articulating them. That apart, at a time when one meets a sea of sharp-suited CEOs and proprietors,
Business Today1 min read
Goldman CEO Plays A New Tune
Ensuring that one of New York’s most storied investment banks stays on track is just one part of Goldman Sachs Chairman and CEO David Solomon’s persona. The other side is diametrically opposite to the boardroom avatar. When not chairing meetings at G
Business Today1 min read
Life-lessons From Hiking
Every time Rajesh Sethi, MD of NBA India, finds himself in a deadlock, he heads to the hills. Sethi finds hiking therapeutic. His favourite hiking terrain is Chamoli in Uttarakhand, where he goes at least four times a year. “I like to be all by mysel
Business Today2 min read
Encapsulating a Passion
While their company might be in the business of making medicines, Chairman and Managing Director of Granules India, Krishna Prasad Chigurupati and his wife and Executive Director Uma Devi Chigurupati, are passionate about a different kind of concocti
Business Today2 min read
Pedal Like A Pro
Cycling is not just recreation but also therapy for Rohan Kumar, one of two co-founders of Toffee Insurance, an insurance-tech start-up that offers bite-sized covers for loss/damage to bicycles, backpacks, gym injuries and even accident during daily
Business Today5 min read
Things Will Turn Around Soon: India Inc
Every January, the snowy slopes of Davos in Switzerland emerge as the ultimate networking spot for global movers and shakers. This year at the 50th edition of the World Economic Forum (WEF), Klaus Schwab, Founder and Executive Chairman, came up with
Business Today2 min read
“Take Care Of Your People”
Q. What was the best advice you ever got and from whom? A. I had returned to India at the height of the Maggi controversy. The problem was to do with reputation, business. A fourth of our turnover had come to a grinding halt, five out of eight factor

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