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Only the cash-rich and the tax man seem to be laughing. Shim Kyo-eon at Konkuk University said the biggest cause of the public discontent is "uncertainty whether the government's policies are aimed at helping ordinary people or just political point-scoring." … [Read more...] about Discontent Mounts over Real Estate Policies

The Indian laundry market, big in size but low on excitement, is all set to put on a new robe with two fresh branded entrants targeted at fashion-conscious millennial consumers. Recently, Kishore Biyani-led Future Consumer launched a detergent liquid brand called Voom that’s pegged at understanding and filling the need-gaps beyond offerings around ‘doodh si safedi’ and ‘stain removal’ as the main functionalities. In an exclusive chat with Brand Equity, Keshav Biyani, head – home and personal care, Future Consumer, says, “We gathered that the young buyers of laundry related products have different needs and their top on mind worries include factors like colour protection and anti-shrinkage.” To solve these problems, the company decided it was time to move their R&D team from the labs to the design rooms. They collaborated with fashion brands of the Group’s stores to study fabric needs which led to the realisation that the new … [Read more...] about Why laundry brands’ attempt to protect the future by targetting millennials can be a marketing gimmick

Fang Xinghai, vice-chairman of the China Securities Regulatory Commission, said earlier that China will launch more commodity futures and gradually launch underlying options with all futures contracts in accordance with the development of the real economy. … [Read more...] about China launches aluminum, zinc options to serve real economy

“To increase manufacturing, ‘Make in India’ and employment, priority sectors have been identified and work has started in three — furniture, air conditioner, leather & footwear. Just in case of air conditioners, we import over 30% of our demand. We need to reduce this quickly. Similarly, we have a small share in global exports, despite being the second-largest leather producer,” PM Narendra Modi said at CII’s annual session.Commerce and industry minister Piyush Goyal has held several rounds of talks with a group of CEOs, led by M&M MD Pawan Goenka, with development clusters being the key. “The overall thrust is to give a push to domestic manufacturing once Covid-19 ends,” he told TOI.Others who have been part of the deliberations suggested development of clusters held the key, while ensuring that it doesn’t turn into real estate development. “The opportunity lies in large-scale manufacturing, which you can do, given … [Read more...] about Government eyes $17 billion investment proposals to boost local manufacturing

“We have been doing translocation of trees free of cost wherever they are marked for felling to make way for public infrastructure and other projects. Here, GHMC has requested us to do it, although the trees were not marked for felling and are to be translocated as per the minister’s instructions,” Mr. Uday Krishna said. … [Read more...] about SRDP: over 500 trees to be translocated