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- A flood of cheaper Chinese goods, sometimes better than their Indian counterparts, is forcing small manufacturers to shut shop and turn into traders.
- One of the major factors tilting the scales in favour of manufacturing in India is favourable movements in the foreign-exchange market. The yuan has climbed 7.2 per cent against the US dollar in the past three years and 35.3 per cent in the past decade, making China's exports costlier.
Though expensive, vintage jewellery is back in fashion
Jewellers are also tweaking contemporary designs to lend them a vintage touch. Kundan jewellery from Rajasthan with a unique style and a rich legacy is an example.Ad breaks lose favour over branded content among broadcasters, advertisers
With the efficacy of ad breaks during TV shows in doubt, branded content is gaining popularity among Indian broadcasters and advertisers.How music brought 9X Media back from the brink of bankruptcy
Broadcasters have been moving away from music programmes. But it is music that brought 9X Media back from the brink of bankruptcy.How alumni networks of some institutions are raising funds for their alma maters
This new level of enthusiasm and optimism in resource mobilisation for leading institutes at a time when the prevailing corporate mantra has been resource cutbacks' given the condition of the economy ' may seem paradoxical. But it is a sign of a maturing alumni keen to play a role in shaping the future of their alma maters.PwC's shift to developing world will sustain, says chairman Dennis Nally
PricewaterhouseCoopers (PwC) Chairman Dennis M. Nally talks to Business Today on lessons learnt from Satyam scam, the role of auditors and more. Edited excerpts:How global and home-grown ice cream brands are meeting demand
In a fast-growing ice cream market, global premium brands are planning to expand, while home-grown ventures are focusing on natural and gourmet goodies.Private sector manufacturing of defence equipment has boomed in the last three years
Indian private sector companies are making inroads in the defence equipment market - both globally and locally. For long considered a set of obscure contractors making small parts, Indian manufacturers are coming of age.Experts expect the stock market to take off later this year
One reason why investors are still optimistic about India is that there aren't many markets in the world that offer opportunities to earn good returns. Despite dismal growth, high inflation, high fiscal and current account deficits and bad governance, India still managed growth of 4.5 to five per cent.Thomas Cook India's latest promoter is transforming it completely
When Canadian investment firm Fairfax Financial acquired a 77 per cent stake in travel operator Thomas Cook India in May 2012, one question many asked was: will this be third time lucky for the company?.India's silk industry fights against rising China imports
The silk industry in India, with a 15 per cent share of global output, is seeing a 'swadeshi' movement. Over the past five years, domestic production of raw silk has risen about 30 per cent to 23,679 metric tonne in 2012/13 from 18,320 tonne in 2007/08.
Why do you need children's plans?
The biggest challenge for parents today is to muster the finances to match the mounting costs of education and marriage.
Sadananda Maiya's Maiyas brand takes on his other creation - MTR Foods
The 65-year-old food industry veteran built MTR Foods into a giant, and sold it seven years ago. Now his Maiyas brand is challenging the empire he founded.
How fuel subsidies are eating into the govt's coffers
India spends a mammoth amount on fuel subsidies every year. The central government's recent decision to hike the subsidised LPG cylinder quota alone will cost Rs 5,000 crore annually. But it is the subsidy on diesel that is the largest. Worse, the subsidy is increasingly diverted to unintended beneficiaries, reveals a study by Nielsen for the oil ministry.Why Reliance Jio is bidding aggressively for 2G spectrum
Since 2010, when, after an interval of five years, RIL chairman Mukesh Ambani re-entered telecom, competitors and analysts had wondered why he chose to focus on the niche wireless data business. It may be the fastest-growing business in telecom but it has a very small base.Tech review: Nokia Lumia 1520, Bose Sound Touch 20 and AirCover Security app
Bose's latest offering is for internet radio lovers. Nokia Lumia 1520 is the first Windows Phone 8 phablet with a 6-inch HD displayWhy oil subsidy bill still remains massive
For a country with an alarmingly high fiscal deficit, India can hardly afford oil subsidies. But sound economics is often trumped by populist politics in the world's largest democracy, especially with a general election around the corner.Who said what on Satya Nadella's appointment as Microsoft CEO
Who said what on Satya Nadella's appointment as Microsoft CEO -
The Chindia Flip
In areas where labour costs crimp margins, spending on logistics ratchet up with volumes, and as the yuan continues to strengthen, you will see new factories increasingly hum in India, not in China.
