Finance

In a recent development, the Indian government has intensified its efforts to curb illegal online activities, particularly focusing on betting and gambling applications. Pankaj Chaudhary,...

The COVID-19 pandemic has made our lives come to a halt. With more than 84,000 cases reported as of now, India has surpassed China...

Pink Tax is a marketing ploy used by companies to charge women much more than men. The only beneficiaries in this case are the...

We as a whole realize that our reality is moving quicker and in the event that you miss a solitary thing, at that point...

By Jinelle D'Souza If I were to ask you to name some of your favourite brands - let's say, from apparel - what would be the first...

Demystifier: An ED Original where we take a complex topic but the content is written in such a way that it is knowledgeable and...

According to Deloitte, empirical studies indicate one in every two Post-Merger Integrations result in poor outcomes. PricewaterhouseCoopers lists four important areas acquiring companies must...

In the midst of brouhaha over Trump interrupting Hillary numerous times in the presidential debate, here is one important issue that we never paid...

Nykaa's coming initial public offering (IPO) was a much talked about topic in the finance sector for quite some time. The FSN E-Commerce Ventures Ltd's...

A report by The Indian Express had shed light on impropriety, conflict of interest and a possible quid pro quo deal between ICICI Bank...

This piece is not a usual reporting on the daily Indian economics. Rather, it suggests a possible policy initiative having potential of making India...

Gone are the days of aloo puri and chhole kulche, it’s the time for Burmese khao suey, Japanese sushi, Spanish tapas or French macaroons!!! Supercharged...

A recent experimental survey conducted by marketing experts shows that many people feel negatively when asked to donate at cash counters. While other people...

A recent post by an alumnus of IIT, says that a family of four needs at least Rs 20 lakh per year for living...

Many American expats believe they leave U.S. tax laws behind when they head overseas to work. Unfortunately this is not true. Coming to the...

After passing 12th board exams, one thing that clogs every mind is getting into good college for higher education. But unfortunately everybody who wish...

With Union Budget not even a fortnight away, the expectations of the Aam Admi from the ‘Modi’fied Union Government are already at a rise....

Fake Friendly Fridays is a section where we pick a famous personality and throw fake questions at him/her and in return, we receive fake...

अफगानिस्तान सबसे गरीब देशों में से एक है, जहां की लगभग आधी आबादी गरीबी रेखा से नीचे रहती है। हैरानी की बात यह है...

जब 2020 में कोविड-19 महामारी आई तो अर्थव्यवस्था बुरी तरह प्रभावित हुई। करोड़ों लोगों को गरीबी में धकेल दिया गया, कई लोगों की नौकरियां...

Yvon Chouinard, founder of outdoor apparel company Patagonia, donates his company to a non-profit organization in order to fight the climate crisis and save...

India might always be associated with poverty, slums, and hunger but considering the amount of Indian billionaires in the world, it would be hard...

80 से अधिक वर्षों में तुर्की और सीरिया में आए सबसे घातक भूकंपों में से एक, जिसमें हजारों लोग मारे गए और कई घायल...

By Harshita Kain Entrepreneurship is one of the most important inputs in the economic development of  India, as an entrepreneur is responsible for fostering economic growth and economic development. Other important economic developments an entrepreneur leads to include  increasing the country's export trade and balancing trade deficit, increasing gross national product and per capita income by  wealth creation and distribution and finally creating employment opportunities. If entrepreneurship is so important then why is it that such a large country like India has a contribution of only 3% to the total number of entrepreneurs in the world while a small country like Thailand has had a contribution of 20% of the total number of entrepreneurs in the world? It indeed is a mind boggling question with no proper answer. Let us try exploring some of the possible solutions to this problem. One possible reason for the lack of entrepreneurs in India could be that people in India do not have the capability to dream big. Now there is certainly something  wrong with this answer as we Indians are amongst the most erudite people in this world. We cannot forget the fact that we were the ones who invented the number zero and so, have intelligence running in our veins. Thus ruling this one out, another possible solution could be that Indians have ideas but do not know how and where to apply them and lack the knowledge about starting their own venture. Another reason could be that we Indians are very satisfied with the jobs we are currently doing and hence would not like to step out of this secure zone and take risks. Finally, whichever might be the answer to this Russell’s paradox, what is important to understand is...

Vodafone Idea has accepted the request of Aditya Birla group Chairman Kumar Mangalam Birla to step down as their non-executive director and non-executive chairman...