Far from regaining any momentum, non-essential businesses in cities around the world are facing the prospect of shutting down again due to second waves of coronavirus outbreak.
The Indian economy may be facing its biggest crisis yet. Its foundations, however, remain robust. Despite short-term setbacks, India’s sterling performance over the last decade and recently introduced policy reforms should have a synergistic effect on growth in 2021-22.
The last few weeks, we have seen poignant images of migrants going back to their homes with whatever ways and means they could – on foot, in buses and now in trains. The estimates on current migration vary from 50 lakhs to 3 crores (1). The very fact that there is a wide range in the numbers shows the brazen neglect our migrant population has faced.
Pansari Group began its foray into the world of the grocery business in 1962 with a single shop aiming to serve people with the best quality products and a dream of creating our own identity.
Quantivier, an organization with interests in shared mobility, business consulting, lifestyle, and philanthropy has refused to be bogged down despite being severely hit by the crisis.
Interview with Vinay Bhartia, India Head, Lark communications on the companies vision and strategy for business in the post-pandemic world
With most physical experiences now a thing of the past, immersive technologies that induce virtual environments are setting up the structure for our new normal in the future.
In the dystopian future envisaged by George Orwell in his novel 1984, the government dictated all aspects of the lives of its citizens.
How will the industry recover and when it emerges from this crisis, will it look completely different? The immediate impact has been cataclysmic, but there are also concerns growing over the future of the Indian economy.
The most enduring image of the Coronavirus pandemic and ensuing lockdown in India is likely to be that of hundreds of migrant workers – desperate droves of scruffy men, women, and children – dotting the country’s highways as they set off for their homes on foot notwithstanding the scorching April heat or their ill-preparedness for the rigors of the journey ahead. It has almost been like witnessing a reverse replay of the Dust Bowl Exodus in the United States when, in the midst of the Great Depression, severe dust storms and drought caused millions to migrate to cities in search of work and livelihood.