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BARRIERS OF BUREAUCRACY
To stay shipshape, cut regulatory flabIn a bid to invigorate the Indian economy, Prime Minister Narendra Modi advocates for a shift towards deregulation. This initiative is desi...
Quote of the day by American Economist Milton Friedman: ‘If you put the federal government in charge of the Sahara Desert, in 5 years…’ Witty take on inefficiency, corruption, and control as world faces oil and gas crisisQuote of the day: The “Sahara Desert” quote continues to resonate because it combines humor with sharp criticism. It may make people laugh,...
ASML layoffs: the king of advanced chip-making machines cuts 1,700 jobs in major shake-up—but is China ready to lure them all and forge its own ASML empire?ASML layoffs hit global headlines after the chip giant confirmed 1,700 job cuts, nearly 4% workforce, despite record AI-driven demand. The ...
Beyond wage protest: Bureaucracy, compliance burden strain Noida-Greater Noida MSMEsIndustry stakeholders say legacy bureaucratic systems and entrenched administrative practices are undermining MSMEs’ momentum in the region.
Flexport CEO calls out India’s ‘useless paperwork’, criticises bureaucratic hurdlesPetersen’s comment came in response to Prime Minister Narendra Modi’s post on X (formerly Twitter) on July 1, marking eight years of GST. I...
How a slip turned Indian family's dream trip into nightmareAn Indian-origin family's trip to Kazakhstan became a nightmare when the husband slipped and broke his thighbone. They faced hospital visit...
India GDP crosses $3.5 tn in 2022; bureaucracy in decision making may reduce attractiveness as FDI destination: Moody's"India's higher bureaucracy in decision-making will reduce its attractiveness as a destination for foreign direct investment (FDI), especia...
UK firms upbeat about doing business in India: ReportWith Brexit on the agenda of UK companies, 26 per cent said that they planned to do more business with India as a direct result of the UK l...
Modi needs more than tax breaks to make India factory for the worldLack of skilled workers, bureaucracy & inadequate road & port infrastructure key hurdles for investment.
Five reforms PM Narendra Modi can considerAs expected, GDP growth remains in the doldrums. Millions of jobless youth and hundreds of millions of farmers continue to be left behind. ...
Why is Ray Dalio, one of the world's largest hedge fund founders, bullish on India"India has low debt rates and an attractive population of intelligent people available at a lower cost."
GST to be revenue-neutral in the short-term, says FitchIt is, however, likely to boost revenue indirectly over the long-term, as it supports GDP growth and encourages tax compliance.
Perceptions about corruption in India hampering its image: AIBC's Sheba NandkoelyarSheba said that there was a cultural barrier and Australian investors were finding Indian partners as 'not forthcoming and speaking straigh...
PM Modi must signal government actually making changes in ecosystem: American advocacy groupModi is the first Indian premier to visit the Silicon Valley and meet its top CEOs and visit the campuses of top IT giants including Facebo...
Seventh Pay Commission may bump up salaries, but IAS has institutionalized the caste systemIn the current jobs caste system, those trained to fight insurgency in C'garh or Manipur would be cleaning saheb’s toilet or doing memsaheb...
Common market for inter-state free trade on the cardsThe NDA govt is planning to set up a constitutional body to dismantle taxation barriers and create a 'Common National Market' for the entir...
Dr Reddy’s chief GV Prasad bemoans bureaucracy in companyDr Reddy’s Labs has not fully utilised its potential and must break the barriers of bureaucracy within the organisation, chairman of the co...
Indirect tax cost, bureaucracy among trade barriers for MNCs: Ernst & Young study"Multinationals are finding that indirect tax costs, formal rules, restrictive regulations and bureaucracy can be a barrier to internationa...
Dubai's Jumeriah Group in talks for hotel in GoaThe company had signed a management agreement in the year 2012 to operate the 470-room property in Mumbai's Lower Parel district.
- India, Turkey should start FTA negotiations: Envoy
India and Turkey should soon start negotiations for signing a FTA for which a joint study has been conducted.