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<keyword id="1575" type="General" weightage="20" keywordseo="Congress" source="Orion">Congress</keyword> leader <keyword id="5268" type="General" weightage="100" keywordseo="rahul-gandhi" source="Orion">Rahul Gandhi</keyword> on Thursday interacted with porters at the <keyword id="154301" type="General" weightage="20" keywordseo="anand-vihar-railway-station" source="Orion">Anand Vihar railway station</keyword> in Delhi and sought to know their problems. Gandhi was also seen wearing the porters' trademark red shirt and lifting luggage over his head. He then sat down with the porters and sought to know their problems. "People's hero Rahul Gandhiji met his porter friends at the Anand Vihar railway station in Delhi today. Recently, a video had gone viral in which the porter friends of the railway station had expressed their desire to meet him," the Congress said in a post on X, with a picture of Gandhi interacting with the porters. "Today, Rahulji reached among them and listened to them ... Bharat Jodo journey continues," the party said. Gandhi has been interacting with various sections of society from mechanics to students, asserting that his <keyword id="13979704" type="General" weightage="70" keywordseo="bharat-jodo-yatra" source="Orion">Bharat Jodo Yatra</keyword>, which he undertook from Kanyakumari to Kashmir, continues with these interactions. Gandhi recently visited Ladakh and held interactions with various social groups. Earlier, the Congress leader had visited Bengali Market, Jama Masjid area in Delhi to have food and then visited Mukherjee Nagar area to interact with the UPSC aspirants. He had also visited Delhi University's PG Men's hostel to have lunch with the students and then took a truck ride from Haryana's Murthal to Ambala to understand their pain. Gandhi had also visited the farm lands during the paddy sowing season and interacted with farmers in Haryana's Sonepat, visited bike mechanic shops in Delhi's Karol Bagh area, visited Azadpur Mandi amid skyrocketing prices of vegetables. He had also invited the farmers of Sonepat and a vegetable vendor Rameshwar separately over lunch at his residence here. (With inputs from IANS)

Rahul Gandhi interacts with porters at Anand Vihar railway station in Delhi

Both Sonia &amp; <keyword id="5268" type="PERSON" weightage="100" keywordseo="Rahul-Gandhi">Rahul Gandhi</keyword> were granted bail in the <keyword id="2376868" type="UNKNOWN" weightage="100" keywordseo="National-Herald-case">National Herald case</keyword>. The next hearing in the case will take place on February 20. In the backdrop of National Herald case, Congress launched a no-holds barred attack against government, accusing it of resorting to "unprecedented" level of vendetta politics and targeted Prime Minister <keyword id="6354477" type="PERSON" weightage="100" keywordseo="Narendra-Modi">Narendra Modi</keyword>, saying the petitioner <keyword id="6370187" type="PERSON" weightage="100" keywordseo="Subramanian-Swamy">Subramanian Swamy</keyword> was his "mask". Just before Congress President <keyword id="689" type="PERSON" weightage="100" keywordseo="Sonia-Gandhi">Sonia Gandhi</keyword> and her son Rahul Gandhi appeared before a court here, a host of party leaders, including Ghulam Nabi Azad, <keyword id="63771" type="PERSON" weightage="100" keywordseo="Mallikarjun-Kharge">Mallikarjun Kharge</keyword>, Anand Sharma and Randeep Singh Surjewala, addressed the media to attack the NDA government, particularly Modi. 

	Azad said Congress was not afraid of "targeting" by the Modi dispensation and asserted that the more the party is attacked, the sooner it will return to power. 
 

	"The BJP government is resorting to unprecedented level of vendetta politics. The country has never seen this kind of politics. We will fight out the battle," said the Leader of Opposition in Rajya Sabha. 
 

	Calling Swamy a "mask" for Modi, he said the BJP functionary has been awarded with a bungalow for dragging Congress leadership to court even though he was not a Parliamentarian or government official.

	 
	 
	(Image credits: indiatimes)

The National Herald Case: Sonia and Rahul Gandhi granted bail, Congress rejoice

As an entrepreneur, I hope to see a simplification of the tax structure, easing of statutory compliances and the move towards a liberal ecosystem that will help achieve the “Make In India” vision and encourage entrepreneurship.’ 
 
Here are three core areas that affect me as an entrepreneur and that I think the government should pay some heed to in Budget 2016- 
 
· Simplified Tax Structure – At <keyword id="211425" type="COMPANY" weightage="100" keywordseo="Hopscotch">Hopscotch</keyword>, we pay several <keyword id="6368033" type="UNKNOWN" weightage="100" keywordseo="Taxes">taxes</keyword> including customs duty, countervailing duty, special addition duty, service tax, octroi, VAT, stamp duty, and now, Swachh Bharat tax. These are not pass-through taxes and as a result, we are obliged to pass these costs onto the consumer. These processes are time and resource intensive and on both levels we would prefer using the same time and resources to focus on our customers 
 
· Simplified Compliance Procedures – At Hopscotch, our marketing organization is a five-member team, while our accounting and compliance organization is a 20-member team. And yet, we struggle to keep up with all the regulations the government requires. The government’s quest for liberalization requires that they first liberalize our laws and then our markets. The former is harder to do but is the key to making India competitive 
 
Image credit: Indiatimes 
 
· Respect For Intellectual Property And Non-Competes - Hopscotch invests in three core areas - people, technology, and great merchandise design. These are assets that take time, effort, and investment to create. The legal framework currently fails to recognize intellectual property rights in technology and design. 
 (This article has been authored by <keyword id="201105" type="PERSON" weightage="100" keywordseo="Rahul-Anand">Rahul Anand</keyword>, CEO and co-founder, Hopscotch.in) 
 
Image credit: Indiatimes

Budget
2016: Mr Modi, make taxes simpler for us to do business says this start-up
founder

<keyword id="211425" type="COMPANY" weightage="20" keywordseo="Hopscotch">Hopscotch</keyword>, a Mumbai-based <keyword id="1633925" type="UNKNOWN" weightage="20" keywordseo="babycare">babycare</keyword> and kids products <keyword id="6357111" type="UNKNOWN" weightage="20" keywordseo="e-tailer">e-tailer</keyword>, has garnered investments worth $11 million. The funding was led by Facebook co-founder Eduardo Saverin and Los Angeles-based early stage investor <keyword id="2691799" type="UNKNOWN" weightage="20" keywordseo="Velos-Capital">Velos Capital</keyword>. In India, the babycare and kids products segment is still in its early stages and some firms have even closed down their operations. 
 
This is Saverin's and Velos Partners' first investment in India. Saverin, whose estimated net worth was $4.2 billion at the time of the 2012 Facebook IPO, has been investing heavily in technology startups in Southeast Asia and North America in the last few years. He also heads the advisory board at Velos Partners. 
 
Besides Saverin and Velos Partners, other major investors were Rise Capital, Jabbar Internet Group, LionRock Capital and Skype co-founder Tovio Annus. The latter two are also existing investors. 
 
"The latest round of funding will enable us to ramp up marketing, add more product categories and build out the senior management team," Hopscotch founder and CEO Rahul Anand told The Economic Times. "All the angel investors remain invested in the company," he added. 
 
Hopscotch is part of a small group of start-ups, catering to the online babycare and kids products market in the country. While its chief competitors like Pune-based Firstcry and Mumbai-based Babyoye depend on the inventory and catalogue model, Hopscotch follows the flash sales model. 
 
According to ASSOCHAM, the babycare and kids products market is estimated at Rs 4,200 crore annually. "Flipkart and Amazon get over 60% of their babycare products revenues from commoditized products such as diapers. Babyoye and Firstcry derive 10% and 30% of their revenues from products like diapers," The Economic Times quoted a source.

Babycare e-tailer Hopscotch Bags $11-Million Investment

Mumbai, Director Alankrita <keyword id="713" type="PERSON" weightage="20" keywordseo="Shrivastava">Shrivastava</keyword>'s "Bombay Begums", a <keyword id="45633" type="ORGANIZATION" weightage="20" keywordseo="series">series</keyword> exploring the lives of five modern Indian women in Mumbai, is all set to premiere on <keyword id="128682" type="PERSON" weightage="20" keywordseo="Netflix">Netflix</keyword> on the <keyword id="6696937" type="ORGANIZATION" weightage="20" keywordseo="International-Womens-Day">International Women's Day</keyword> on March 8. The series stars <keyword id="6370368" type="PERSON" weightage="20" keywordseo="pooja-bhatt">Pooja Bhatt</keyword>, Shahana Goswami Amruta Subhash, Plabita Borthakur and Aadhya Anand along with <keyword id="3194" type="PERSON" weightage="20" keywordseo="Rahul-Bose">Rahul Bose</keyword>, Vivek Gomber and Danish Husain. Shrivastava, best known for her films "Lipstick Under My Burkha" and "Dolly Kitty Aur Vo Chamakate Sitaare", hoped that women in India, and across the world will connect with the story. "The series explores the complex journey of working Indian women who are ambitious for power and success, but have many other battles to fight too. It's the story of their daily hustle, the story of their dreams - sometimes buried, sometimes fulfilled," Shrivastav, the series creator and director, said in a statement. The director said she has tried to create a world that reflects the realities of urban working women. "I hope audiences relate to the characters and find pieces of their own journey reflected in the story. I am excited and proud that Bombay Begums is coming on Netflix on the occasion of International Women's Day." Produced by Endemol Shine India, Endeavor Content, Chernin Entertainment, the story revolves around five women across generations who wrestle with desire, ethics, personal crises and vulnerabilities to own their ambition, in contemporary urban India. SEE ALSO: <a href="https://www.businessinsider.in/science/space/news/indian-space-startup-agnikul-cosmos-has-become-the-worlds-first-company-to-successfully-test-a-fully-3d-printed-rocket-engine/articleshow/80762695.cms">Indian space startup fires world’s first fully 3D printed rocket engine as others play catch up</a> <a href="https://www.businessinsider.in/stock-market/news/brookfield-reit-ipo-allotment-heres-how-to-check-share-allotment-status/articleshow/80763971.cms">Brookfield REIT IPO allotment: Here’s how to check share allotment status</a> <a href="https://www.businessinsider.in/tech/news/twitter-ramps-up-roll-out-of-spaces-to-take-on-clubhouse/articleshow/80764144.cms">Twitter ramps up roll out of 'Spaces' to take on Clubhouse</a>

Netflix to premier 'Bombay Begums' on International Women's Day

Forbes magazine has placed India at the fourth place in its list of countries with the highest number of billionaires, and once again <keyword id="6355199" type="CITY" weightage="20" keywordseo="Reliance-Industries">Reliance Industries</keyword> chief <keyword id="3820" type="PERSON" weightage="100" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword> has been named the richest Indian. 
 
The list, called 'World's Billionaires' 2017, has 2,043 names in it, who have a combined net worth of $7.67 trillion. In comparison to last year, this figure is up by a record 18%. 
 
Microsoft co-founder <a href="http://www.businessinsider.in/bill-gates-is-largely-optimistic-about-the-future-but-a-key-tenet-of-the-trump-administration-worries-him/articleshow/57635057.cms">Bill Gates</a> tops the list for the fourth year in a row, with a fortune of $86 billion. Last year, this figure stood at $75 billion. Berkshire Hathaway chief <a href="http://www.businessinsider.in/its-all-mental-with-him-warren-buffetts-late-wife-revealed-why-it-took-the-billionaire-so-many-years-to-start-giving-away-his-fortune/articleshow/56902258.cms">Warren Buffet</a> stands second with a new worth of $75.6 billion. 
 
The third place in the list has been grabbed by Amazon's Jeff Bezos with $72.8 billion net worth. 
 
<a href="http://www.businessinsider.in/11-billionaires-hit-hard-by-demonetisation-mukesh-ambani-still-the-richest/articleshow/57519993.cms">Mukesh Ambani</a>, with $23.2 billion, stands 33rd in the list. His younger brother <a href="http://www.businessinsider.in/anil-ambanis-reliance-capital-sells-paytm-stake-to-alibaba-for-rs-275-crore/articleshow/57513421.cms">Anil Ambani</a>, however, ranks 745th with a net worth of $2.7 billion. 
 
Also read: <a href="http://www.businessinsider.in/mukesh-ambani-knows-what-the-millennials-want-heres-how/articleshow/57390611.cms">Mukesh Ambani knows what the millennials want. Here’s how</a> 
 
Talking of countries, India homes 101 billionaires, crossing the 100 mark with for the first time, standing fourth after USA (565), China (319), and Germany (114). 
 There are only four women billionaires from India, viz. <keyword id="51618" type="PERSON" weightage="20" keywordseo="Savitri-Jindal">Savitri Jindal</keyword> and her family (303rd position), Smita Crishna-Godrej (814th), Biocon founder Kiran Mazumdar-Shaw (973) and Leena Tewari (1030). 
 Other Indians in the list are <keyword id="6419840" type="PERSON" weightage="20" keywordseo="Azim-Premji">Azim Premji</keyword> (72nd), <keyword id="111343" type="PERSON" weightage="20" keywordseo="Gautam-Adani">Gautam Adani</keyword> (250th), <keyword id="33278" type="PERSON" weightage="20" keywordseo="Rahul-Bajaj">Rahul Bajaj</keyword> (544th), Acharya Balkrishna (814th), <keyword id="6398943" type="PERSON" weightage="20" keywordseo="Rakesh-Jhunjhunwala">Rakesh Jhunjhunwala</keyword> (939th), NR Narayana Murthy (1161st), Vivek Chand Burman and <keyword id="44604" type="PERSON" weightage="20" keywordseo="Nandan-Nilekani">Nandan Nilekani</keyword> (tied at 1290th), Vijay Shekhar Sharma and Habil Khorakiwala (1567th), <keyword id="46425" type="PERSON" weightage="20" keywordseo="Anand-Mahindra">Anand Mahindra</keyword> (1567th), Niranjan and Surendra Hiranandani (tied at 1678th), and Rana Kapoor (1795th). 
 
(Image source: <keyword id="375775" type="COMPANY" weightage="20" keywordseo="Forbes-India">Forbes India</keyword>)

India ranks fourth in Forbes list of most billionaires, Mukesh Ambani richest Indian again

Check out winning candidate list from Maharashtra Lok Sabha elections

Maharashtra Lok Sabha Election Result 2019: BJP + Shiv Sena easily beat Congress + NCP

<ul><li>Tejashwi Yadav clocked over 1.24 million engagements in October overshadowing incumbent Bihar CM Nitish Kumar who managed only 133,879 engagements. </li><li>The IPL was the flavour of the season for cricketers where expectedly India captain and expectant father Virat Kohli topped Twitter engagement with 2.4 million engagements. </li></ul>Twitteet, a social media analytics firm released its October analytics report today. This is the first time social media analytics for Twitter engagement by 20 categories have been done on a daily and monthly basis. The categories whose Twitter engagement have been analysed include Politicians (party-wise), Journalists, Business Leaders Founders &amp; Investors), Sportspersons (cricket and other sports), Movies stars (Bollywood and regional), Authors, Chefs, and Comedians. Here are the winners from some key categories: <ol><li>Politicians – Narendra Modi - 72,15,913 Twitter Engagements</li><li>Bollywood – Sonu Sood - 24,36,601 Twitter Engagements</li><li>Business Head – Anand Mahindra - 4,08,882 Twitter Engagements</li><li>Cricketer – Virat Kohli - 24,65,918 Twitter Engagements</li><li>Sports Star (non-cricket) – Vijender Singh - 4,27,006 Twitter Engagements</li><li>TV Star – Sidharth Shukla - 3,90,901 Twitter Engagements</li><li>Journalist – Deepak Chaurasia - 18,88,720 Twitter Engagements</li><li>Founders – Kunal Shah - 60,093 Twitter Engagements</li><li>Comedians – Kunal Kamra - 11,46,111 Twitter Engagements</li><li>Regional Cinema Star – Mahesh Babu - 7,32,964 Twitter Engagements</li><li>Authors – Anand Ranganathan - 5,36,874 Twitter Engagements</li><li>Investor – Mohandas Pai - 99,741 Twitter Engagements</li></ol>Key highlights of the first report include the remarkable rise of Tejashwi Yadav who clocked over a 1.24 million engagements in October overshadowing incumbent Bihar CM Nitish Kumar who managed only 133,879 engagements. Expectedly, Prime Minster Narendra Modi topped the overall Indian Twitter engagement rankings with over 7.2 million engagements. Among Indian Politicians Congress leader Rahul Gandhi is at #2 with 3.5 million engagements, UP CM Yogi Adityanath and Priyanka Gandhi Vadra were 3rd and 4th in the Indian Politicians engagement rankings. Surprising inclusions in the top 10 among politicians were BJP Spokesperson Sambit Patra at #8 who clocked a 1.1 million engagements; Dr Kumar Vishwas at #5 who got 1.2 million engagements. Sonu Sood’s humanitarian work during the pandemic saw huge resonance on Twitter where even at a Twitter following of a tenth of super star Shah Rukh Khan (Sonu Sood’s 4.6 million followers to SRK’s 41.3 million followers) he topped Twitter engagement among Bollywood Stars with a phenomenal 2.4 million engagements. The Bollywood Badshah Shah Rukh Khan was at #2 with 7.3 lakh engagements. Akshay Kumar with 6.72 lakh engagements was at #3, and Anupam Kher with 4.74 lakh engagements was at #4. Former Maharashtra CM, the late Vilasrao Deshmukh’s actor-son Riteish Deshmukh was at #5 with 4.2 lakh engagements. Pooja Hegde was the surprise entrant into the top 10 with 2.51 lakh engagements. In the Business Leaders category, Anand Mahindra towers over others with over 4 lakh engagements. RPG Group’s Chief Harsh Goenka is at #2 with 2.2 lakh engagements. Chinese mobile phone brands India CEO’s Manu Kumar Jain of XiaoMi and RealMe’s Madhav Sheth are at #3 and #4 respectively with 1.5 lakh and 1.1 lakh engagements respectively. Wipro Chairman Rishad Premji with 49K engagements is at #5, Biocon’s Kiran Mazumdar-Shaw with 41K engagements at #6, Marico’s Harsh Mariwala with 24K engagements is at #7, Micromax co-founder Rahul Sharma with 19K engagements at #8 and Chairman of JSPL and former MP, Naveen Jindal with 16K engagements is at #9. Google’s Global CEO Sundar Pichai with 15K engagements is at #10. The IPL was the flavour of the season for cricketers where expectedly India captain and expectant father Virat Kohli topped Twitter engagement with 2.4 million engagements. Suresh Raina was at #2 with 1.9 million engagements. Former stars Sachin Tendulkar at #3, Harbhajan Singh at #5, and Virendra Sehwag at #6, actively engage with fans and followers on Twitter with 1.5 million; 6.8 lakh and 6.3 lakh engagements. Aakash Chopra, now a commentator is also hugely popular and ranks #4 with over 9.65 lakh engagements on Twitter in October. Perennial favourite Mahendra Singh Dhoni was completely inactive on Twitter in October despite more than 8.1 million followers. Among Indian sports persons, outside of cricket, Olympic medallist and pro-boxer Vijendra Singh tops with 4.27 lakh engagements. Perhaps the India’s best kept secret in sports is veteran pistol shooter, coach and sports enthusiast 88-year old Dadi Chandro Tomar, better known as ‘Shooter Dadi’ from Baghpat, UP. Since learning to shoot when she was well into her sixties she has attained national fame as an accomplished shooter having won more than 30 national championships. She was at #2 in the non-cricket sports category with a phenomenal 2.84 lakh engagements leaving superstars like Saina Nehwal, Babita Phogat and Jwala Gutta behind! In the intensively competitive Journalists category, News Nation’s Deepak Chaurasia topped Twitter engagement with a whopping 1.88 million engagements. Aaj Tak’s Rohit Sardana was at #2 with 1.1 million engagement followed by Sushant Sinha with 1.05 million engagements. Veteran journalist and India Today’s Consulting Editor Rajdeep Sardesai was at # 8 wit6 6.6 lakh engagements and Rana Ayyub was at #6 with 7.6 lakh engagements. In other categories, Comedians and Start-up founders made their mark. Among comedians, Kunal Kamra topped impressively with 1.1 million engagements, followed by Ashish Chanchlani at #2 with 4.92 lakh engagements, Vir Das at #3 with 3.2 lakh engagements, Atul Khatri at #4 with 2.21 lakh engagements and Amit Bhadana with 1.1 lakh engagements at #5. Cred Founder Kunal Shah lead the Business Founders category with 60K engagements and Paytm’s Vijay Shekhar Sharma was next with 23K engagements. Said Twitteet co-founder Sandeep Amar: “Our core objective is to provide social business intelligence, social monitoring and actionable insights to the leaders across various domains and also to businesses and marketers. We run daily analysis of all engagements – which are the total of likes and retweets, collate these every month, across categories; and then slice and dice them to mine actionable insights. At some level a leaders Twitter engagement gives one sense of his connect with his constituents and what are the key issues that matter. We hope to sharpen this data over time and broad base our offerings to other social platforms and geographies.”

Narendra Modi, Sonu Sood and Anand Mahindra top Indian Twitter engagement in October 2020, shows report

<ul><li>In a series of tweets, <keyword id="6354477" type="PERSON" weightage="20" keywordseo="Narendra-Modi">Narendra Modi</keyword> reached out to rivals from opposition parties across the country asking them to come together for the Indian democracy. </li><li>Modi even reached out to Bollywood stars and businessmen asking them to use their influence to encourage people to vote. </li><li>India, the world’s largest democracy, is barely a month away from General Elections. </li></ul>As the Indian general elections draw closer, Prime Minister Narendra Modi took to Twitter to call out Indian celebrities from different fields, and even the leaders of opposition parties. Tagging them over a succession of over 25 tweets, PM Modi requested them to come together to “strengthen the democracy” and asked them to encourage people to vote. In a first, Modi reached out to Rahul Gandhi, Mamata Banerjee, Akhilesh Yadav, Mayawati, Naveen Patnaik, KCR, Chandrababu Naidu among others asking them “to work towards bringing maximum Indians to the polling booths in the upcoming elections.” And he didn’t stop there. Narendra Modi, who campaigned to power as the business friendly leader – even though new private investments in India have gone down to a <a href="https://www.livemint.com/Politics/djaa4hxQTklGR3lOws8hzJ/New-investments-in-India-plunge-to-14yearlow.html">14-year</a> low – reached out to the likes of Anand Mahindra, Ratan Tata and Ashish Chauhan. Modi reached out to celebrities from different fields – from Bollywood celebrities like Ranveer Singh, Vicky Kaushal, Alia Bhatt, Deepika Padukone to sportspersons like Sachin Tendulkar, Saina Nehwal, Srikanth Kidambi, and PV Sindhu. In an official blog titled '<a href="https://www.narendramodi.in/four-requests-for-a-democracy-543992" data-type="tilCustomLink">Four Requests For Democracy</a>' on the Prime Minister's website, Modi has asked Indian citizens to register themselves as voters if they haven't done so already and 'create an environment where getting one’s voter card and casting a vote, especially for the first time, become occasions for celebration'. The incumbent prime minister may hope that some voters may mistake the celebrity endorsement for the voting process as support for Modi himself. But, will they? See Also: <a href="https://www.businessinsider.in/general-elections-2019-delhi-will-have-all-women-polling-booth-promoting-women-empowerment/articleshow/68376937.cms">This election, India’s national capital will have polling booths staffed only by women</a> <a href="https://www.businessinsider.in/general-elections-2019-india-expects-over-15-million-first-time-voters-in-the-18-19-year-age-group/articleshow/68353207.cms">General Elections 2019: India expects over 15 million first-time voters in the 18-19 year age group</a> <a href="https://www.businessinsider.in/general-elections-2019-priyanka-gandhi-invokes-the-mahatma-in-first-tweets-since-entering-active-politics/articleshow/68385607.cms">Priyanka Gandhi Vadra invokes the Mahatma in first tweets since entering active politics</a>

Elections 2019: Narendra Modi just tagged Rahul Gandhi in one of 25 tweets asking celebs to encourage voting

<ul><li>With their sales being hit, the Indian business community which has so far been an active supporter of the Indian government, has been raising its voices.</li><li><keyword id="6359432" type="UNKNOWN" weightage="20" keywordseo="britannia">Britannia</keyword>’s MD Varun Berry said there is some serious issue in the economy.</li><li>He’s not alone, leaders from the auto industry have raised their concerns as the segment is witnessing its worst sales slowdown.</li></ul>Questions are being raised by top Indian businessmen about the economic health of the country. The latest one to cry foul is fast moving consumer goods company Britannia. In the <a href="https://www.dnaindia.com/business/report-consumers-thinking-twice-before-buying-a-rs-5-pack-britannia-2781047">latest earnings call</a> of Britannia, the company’s MD Varun Berry raised some serious concerns about the <keyword id="6356076" type="DEFINITION" weightage="20" keywordseo="indian-economy">Indian economy</keyword>. "We've grown only 6% and the market is growing slower than that. And that's a little bit of a worry, because even for a ₹5 product if the consumer is thinking twice before buying it, then there is some serious issue in the economy,” he said. This comes in even though Britannia holds one-third of market share in the Indian biscuit industry. With their sales hit, the Indian business community which has so far been an active supporter of the Indian government, has been raising its voices. India’s GDP has slumped to 6.8% in FY19, whereas <a href="https://www.businesstoday.in/current/economy-politics/india-economy-9-per-cent-gdp-growth-pm-modi-5-trillion-dollar-economy-target-ey/story/370433.html">analysts </a>say that for India to reach its dream of being a $5 trillion economy, the country’s GDP needs to grow steadily at 9%. The industry that has been worst hit has the auto industry which has seen a massive slowdown in sales has seen. Auto industry leaders like Pawan Munjal of HeroCorp, RC Bhargava of Maruti, Anand Mahindra of Mahindra &amp; Mahindra, have all been rallying for reduction of GST to boost growth in sales. Rahul Bajaj, the chairman of Indian conglomerate Bajaj Group. During his company’s Annual General Meeting, he spoke of the government’s role in the weak sales of the auto industry. “There is no demand and no private investment, so where will growth come from? It doesn’t fall from the heavens. The auto industry is going through a very difficult period. Cars, commercial vehicles and two-wheelers are going through a rough patch,” Bajaj added. Earlier, Adi Godrej, chairman of the Godrej group, too <a href="https://www.firstpost.com/business/industry-leaders-reaction-on-budget-2019-adi-godrej-says-budget-is-not-growth-oriented-stock-market-comes-down-considerably-6940161.html">said</a> that the Budget presented by Finance Minister Nirmala Sitharaman is not “growth-oriented”. <a href="https://www.ndtv.com/india-news/adi-godrej-rising-intolerance-hate-crimes-can-seriously-damage-growth-2068996">Godrej also touched upon a sensitive subject </a>saying that rising intolerance in the country is also affecting growth. However, there are also some who believe this is just a phase. HDFC Chairman <a href="https://www.businesstoday.in/current/economy-politics/indias-economic-slowdown-driven-by-lower-consumption-temporary-in-nature-says-hdfcs-deepak-parekh/story/370229.html">Deepak Parekh</a> in the recent annual general meeting of the bank said, “While there has been an across-the-board slowdown in consumption, given the inherent demand and low penetration levels, I believe this is temporary in nature.”

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Rahul Gandhi interacts with porters at Anand Vihar railway station in Delhi

PTI

The National Herald Case: Sonia and Rahul Gandhi granted bail, Congress rejoice

BI India Bureau

Budget 2016: Mr Modi, make taxes simpler for us to do business says this start-up founder

Guest Author

Babycare e-tailer Hopscotch Bags $11-Million Investment

BI India Bureau

Netflix to premier 'Bombay Begums' on International Women's Day

PTI

India ranks fourth in Forbes list of most billionaires, Mukesh Ambani richest Indian again

BI India Bureau

Check out winning candidate list from Maharashtra Lok Sabha elections

BI India Bureau

Maharashtra Lok Sabha Election Result 2019: BJP + Shiv Sena easily beat Congress + NCP

BI India Bureau

Narendra Modi, Sonu Sood and Anand Mahindra top Indian Twitter engagement in October 2020, shows report

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Elections 2019: Narendra Modi just tagged Rahul Gandhi in one of 25 tweets asking celebs to encourage voting

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