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We’ve been trapped in our houses for six weeks now. The terminology ‘lockdown’ itself is quite overwhelming and gives a sense of being trapped.  The economy is suffering; so are we. It is  affecting our mental health. Yes, the coronavirus is deadly. But so is the lockdown — it will undoubtedly kill people. The restrictions are also having a very real effect on our happiness, health and wellbeing, from joblessness, loneliness and all the myriad knock-on effects. So which is worse? The economy consists of people’s lives, in a very direct way: if you stop people working, you make their lives worse; their businesses go under, they fall behind on rent or mortgages, they can’t afford to buy the things they want or need.    Countries around the world are implementing various measures to contain the spread of the coronavirus. India is one of the countries that have implemented the world’s largest and  most restrictive mass quarantines.   India first ...

Currently the situation between India and China is not good on the border. This is the reason why the confederation of All India Traders (CAIT) on 16 th June has decided and mentioned that they are going to boycott 500 “Made in China” products. The products include furniture, textiles, cosmetic, gift items, electronics, fabrics, kitchen items, watches, toys, hardware, apparel, auto parts etc., which are being boycotted by the CAIT, News-18 reported. CAIT has mentioned that we should boycott above mentioned Chinese goods and instead of that we should use Indian goods. In the initial phase the body has said that they have set the target to meet the shortfall of $13 billion (Rs 1 lakh crore approx) in imports from China by 2021 December. The first phase has focused on the products that can be made in India but the price has been deciding factor when importing. CAIT National President BC Bharita and National General Secretary Praveen Khandelwal said that there is no need for any spe...

With its $ 5.7 billion investment, Facebook is now Reliance Jio’s largest minority shareholder. This was accompanied by a pact between WhatsApp and Reliance Retail to boost the latter’s JioMart platform.  However, Facebook has been spreading its roots in digital media market by making heavy investments like,   The social media giant bought Instagram for $1 billion in 2012,   WhatsApp for $19 billion in 2014,   and virtual reality firm Oculus VR the same year for another $2 billion.   In all three instances, the common denominators were obvious. The deals all gave Facebook majority of ownership, and brought in technology that the  world’s largest social network  either didn’t have, or saw as prime bolt-on acquisitions. Now its latest investment is of almost $5.7 billion in Reliance’s Jio — for just 10 per cent stake. India is among the largest communities global...