Cover Story
- It has wrought immense economic pain, both to farmers as well as small industry. Remedial measures are being worked out. At the same time, as is man's wont, when in trouble, pray.
- As the country grapples with poor water management, polluted water bodies, shortage of drinking water and water-borne diseases, businesses and entrepreneurs are coming up with unique solutions to quench the thirst of the people.
- When a life sustaining resource is in short supply, conflicting claims over it are bound to arise. Water conflicts span the gamut of fights, from neighbours in water starved colonies to those between states over river waters.
- India's unprecedented water crisis is affecting everyone - from domestic user to farmer to industrialist. The lopsided cost vs price economics of water can have a debilitating effect on the country. What government, industry and farmers need to do to avert a catastrophe.
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Powerless
In the past five years, the performance of discoms has only deteriorated, with accumulated losses at a staggering Rs 3.8 lakh crore. The outstanding loan has more than doubled, from Rs 2 lakh crore to Rs 4.3 lakh crore. How successful are social media companies in terms of monetisation? The simple answer is that social media advertising in India has a long trek to cover. It's ancient, pesky, and persistent. Its hum can spell impending doom. But the ubiquitous mosquito also drills a hole in your pocket triggering demand for hospitals, clinics, diagnostic kits, even some FMCG products. Not to forget the money going into R&D for medicines. Losing your phone or tablet can mean extreme inconvenience and breach of privacy. But fret not, these apps and features can track your device and secure it, too. Nilgai says it closed 2015/16 with sales of Rs 3.2 crore. The company is planning to launch marketing campaigns to increase sales. The company recently launched a marketing campaign with an aim of boosting sales 25 times. The latest Google Chromecast comes with a new design, improved performance and an enhanced app ecosystem. When used on an Android phone, it can also mirror the phone screen on your TV. The government plans to shake up the traditional governance structures of public sector banks. But it is easier said than done. The book is a gripping summary of Hillary's chequered life, from her go-getter days at Wellesley to her ascent in politics."It is all about getting ready before the investment cycle starts"
Providing free LPG connections to five crore BPL families is one of the most ambitious plans of the Narendra Modi government. The man assigned the task is Oil Minister Dharmendra Pradhan.The Case of the Vanishing Drivers
A steady decline in people willing to take to monster steering wheels is shaping up as another unexpected crisis for the embattled Indian economy. Worse, there appears to be no quick fix. Toyota's efforts to make the Innova an owner's pride may have just been realised with the Crysta, by far a winner in the MPV category. Dialogue for Climate Action to be held in Vienna on May 24-25 JNU students' union president Kanhaiya Kumar is all set to pen his memoirs. The book - Bihar to Tihar - will tell the story of his journey from school, his deepening involvement in student politics, and his controversial arrest.Globally, growth will come from advertising revenues, says Magzter's co-founder
Having brought on board 7,800 magazines and 1.6 million subscribers, Magzter is now looking at the advertising revenue stream seriously.
Not a Zero Sum Game
By revising the minimum threshold for mandatory notifications of M&A deals upwards last month, the Ministry of Corporate Affairs (MCA) has outlined the competition regulator's priorities - more investigative powers to curb anticompetitive practices and less merger control. The fact that the hackers have been able to breach some of the most secure financial networks is a stark reminder that we were probably a few clicks away from losing not only our money to cyber pirates, but also our identity and other sensitive information. Droughts have been endemic in independent India and have taken their toll on the domestic economy. A digitally unified national agriculture market is a great idea, but where is the infrastructure? ...but with caution - preparing the ground to emerge as a counterweight to China with tacit support from the West. Niti Aayog's $10-trillion GDP target is both feasible and challenging. In the past 16 years, the size of India's economy has roughly quadrupled in dollar terms. So, if we can maintain the same average rate of growth, it should be possible to quadruple again in 16 years.
Bet with Debt
Reliance Industries (RIL), India's largest private oil refiner, is in the final stage of its biggest-ever investment cycle for launching a digital 4G business (Jio), expanding petrochemical facilities and making its refineries more efficient. For RIL, a large capital expenditure cycle is not unusual. Will the massive borrowings dent its balance sheet?
People Business
Raghuram Rajan's Washington visit for the Spring Meetings of the World Bank and the IMF, and the G20 Meeting of Finance Ministers and Central Bank Governors created quite a stir.
Dry Facts
Over the years, the per capita availability of water in India has gone down drastically. In 1951, it was 5,177 cubic metre per person. By 2011, it was down to 1,545 cubic metre, which is below the stress level of 1,700 cubic metre.