The United States, with almost 3 million coronavirus infections and 132,000 deaths, is leading on the board. As the pandemic has forced people to stay indoors and avoid unessential outings, businesses have been deeply impacted.
With hundreds of American corporates pulling themselves out of Facebook advertising, it is again proved that businesses are impacted whenever there is social unrest.
After the Indian Government failed to attract buyers in 2018 for India’s one of the most ambitious privatization plans, it came with new and much simpler terms in 2020 to sell the debt-ridden Air India.
The call to boycott Chinese products has recently caught up in India after the violent standoff between the Indian Army and Chinese PLA in the Galwan valley of Ladakh.
There has been no dearth of unique product ideas in the highly-rated ABC series, Shark Tank. On-screen since 2009, it has witnessed businesses being set up from scratch and making it to the million-dollar club.
Although things are returning to normalcy, it would be a folly to expect the same old pattern of hiring to come back. The pandemic has changed the world order, and businesses have started adapting to it. Firms are tweaking their recruitment process in more than one way. Nevertheless, change also brings new opportunities. India Inc resuming recruitment at a faster pace than expected is a good sign for the entire business ecosystem.
Indian Startups witnessed one of the best periods in 2019. The startup community was able to raise a whopping $14.5 billion in the last year, according to Tracxn, a research firm. The data also showed that almost half of the startups founded in 2019 received funding. However, the bullish outlook was soon phased out with the coronavirus outbreak that started in China.
The viewership of OTT platforms has recently skyrocketed as almost the entire world went into lockdown. The pandemic has brought a paradigm shift into how we watch. With the movie theatres closed, viewers across all the age groups are thronging to web platforms that were earlier believed to be a place for only youngsters.
Though the Israeli government is yet to provide any official timeline for the actualization of the annexation, stiff opposition across the globe has begun against the move.
The coronavirus pandemic has brought a paradigm shift in every part of our lives. The virus outbreak led to a nation-wide lockdown, which has caused tremendous damage to India’s economic system.