22-Aug-21

Business Today

For Managing Tomorrow

Business Today2 min read
Financial Advisor On A Screen
Ever since the pandemic hit India, those following the financial markets have often been baffled by the huge disconnect between what is going on in the equity markets, and the devastation caused by Covid-19. The one segment of the economy which has s
Business Today1 min read
Business Today
Chairman & Editor-in-Chief: Aroon Purie Vice Chairperson: Kalli Purie Group Chief Executive Officer: Dinesh Bhatia Executive Director, Business Today: Rahul Kanwal Chief Executive Officer: Manoj Sharma Editor: Sourav Majumdar Group Creative Editor: N
Business Today1 min read
Government Tightens Purse Strings Despite Higher Income
↘ The Central government reported non-debt receipts of ₹3.5 lakh crore for april-may 2021, the highest for the first two months of any fiscal ↘ These accounted for a higher-than-average 18 per cent of the government’s target for the fiscal. the sharp
Business Today1 min read
Foreign Investment Inflows Surge Eleven-fold In May
↘ India recorded net foreign investment inflows of $9.5 billion in may 2021, blowing past the net inflows of $870 million in april ↘ Net inflows of foreign direct investment more than tripled to $9.1 billion, from $2.8 billion in april ↘ Foreign port
Business Today1 min read
Demand For Funds Drops To Three-year Low
↘ Long-term fund-raising by non-banking enterprises dropped to a three-year low of ₹1.27 lakh crore in Q1 of Fy22 ↘ Their fund-raising had stayed above ₹2 lakh crore for the past five quarters and topped ₹3 lakh crore in the previous quarter ↘ In the
Business Today1 min read
Port Cargo Traffic Continues its Strong Recovery
↘ Cargo traffic at india’s major ports rose 31.5 per cent year-over-year to 59.8 million tonnes in may 2021, increasing for the seventh month in a row ↘ That is higher than the 29.5 per cent rise in april and a reversal from the pandemic-driven 23.2
Business Today1 min read
…But Retail Sales Miles Off Normal
↘ Retail sales in India tumbled 50 per cent in June 2021, compared to June 2019, a year before the pandemic, according to the Retailers Association of India ↘ The industry body’s latest survey showed a steep drop in all major discretionary categories
Business Today1 min read
Automobile Sales Pick up Speed…
↘ Automobile sales to dealerships staged a recovery in June, led by passenger vehicles, due to easing of lockdown restrictions in various states as India exits the second Covid-19 wave ↘ Automakers sold 2,31,633 passenger vehicles, a jump of 163 per
Business Today1 min read
Urban Men Lost More Jobs In The Second Wave, Meaning …
↘ Urban men lost the most jobs during the second wave of Covid-19, while urban women suffered the least, a reversal of the trend seen in the first wave ↘ Urban men, who hold about 28 per cent of total jobs, accounted for 26.3 per cent of job losses b
Business Today1 min read
…more Than 3 In 4 Indians Brace For Pay Cut
↘ Rising prices of fuel and essential commodities amidst the Covid-19 pandemic have hit people’s finances, according to a localCircles survey of 70,500 consumers in 382 districts ↘ About 79 per cent foresee a decline in their household income this fi
Business Today4 min readPoverty & Homelessness
Mind the Gap
APL Apollo is India’s largest manufacturer of structured steel tubes. Like most companies, it was hit hard by the first wave of the pandemic, with sales halving and profits being wiped out completely in the April-June 2020 quarter. But, it was a blip
Business Today12 min readFinance & Money Management
Untangling Paytm
As on date of draft offer (July 16, 2021) India’s startup ecosystem is hogging the stock market limelight. Investors have barely digested food-delivery company Zomato’s initial public offering (IPO), and soon they will be served another. This time it
Business Today13 min read
Rise Of The Finfluencers
NAME: MUKUL MALIK AGE: 39 QUALIFICATION: MBA NUMBER OF FOLLOWERS: 2.45 MILLION AVERAGE NUMBER OF VIDEOS PER MONTH: 5-6 BASE: DELHI Mumbai was a huge contradiction in 2020. On the one hand, India’s financial capital was breaking under the strain of th
Business Today12 min readDiet & Nutrition
Smart Indulgence
When american elite special forces trainer and the winner of the reality TV series, The Ultimate Fighter, James Wilks, takes a trip around the world in pursuit of an optimum diet that would improve the performance of sportspersons in the Netflix docu
Business Today10 min readWorld
China’s Giant Shadow
ess than three days after a deadly clash between Indian and Chinese forces at Galwan Valley in the East Ladakh region led to the death of 20 Indian soldiers on June 15 last year, a video of a group of men in Coimbatore shouting anti-China slogans and
Business Today1 min read
The Trade Factor
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Business Today8 min read
Cooperatives 2.0
We have 33 supermarkets at the moment. The target is 1,500 in five years.” S.B. Jayaraj, who is gung-ho about his organisation’s plans for Kerala, is not just another retailer. He is the general secretary of the Kerala chapter of Sahakar Bharati — a
Business Today7 min read
A Temporary Blip
Reliance Industries (RIL) Chairman Mukesh Ambani recently unveiled a green energy plan. And, like everything else about RIL, it was grand — ₹75,000 crore to be precise. “By 2030, the company aims to have 100 gigawatts (GW) solar capacity, which will
Business Today7 min readSecurity
Bypassing The Pa55word
IT TAKES INDIAN ORGANISATIONS nearly 228 hours, or nine-and-a-half days, on average to detect a cybersecurity breach, nearly double the global average of 117 hours, according to a survey by US cybersecurity firm CrowdStrike last year. Couple that wit
Business Today4 min read
Network
Kalpen Parekh, President of DSP Mutual Fund, which manages assets worth over ₹1 lakh crore, is a movie buff. Though his day begins and ends with thinking and reading about business, investing and money, he watches movies late at night when everyone e
Business Today2 min read
“It Is Okay To Get Into Unchartered Territory And Look Foolish Because That’s Where The Learning Starts”
What was the problem you were grappling with? I was doing pretty well in the army. I was a cavalry officer. I was in the Armoured Corps. Everything was going well. There was no reason to quit, but I wanted to come out of it. Who did you approach? I r

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