Boohoo to probe price disparity for same clothing

ONLINE retailer Boohoo is facing price disparities across a range of its brands when a same item of clothing is being sold at a different price at its different fashions labels. The discrepancy was found out by BBC, when a same coat had different prices at Dorothy Perkins and Coast – both owned by Boohoo. […]

How Dr Chakrabarty kept his colleauges on their toes

  By RP Marathe BARELY three months short of his 69th birthday, falling on June 27, Dr Sahab, as we Barodians fondly called him, shed his corporal shell to keep his appointment with his creator. When nationalised banks in India started recruiting specialist (planning) officers, Dr Chakrabarty, who had a PhD in statistics and a […]

Pakistan lifts ban on Indian cotton, sugar imports after two years

PAKISTAN lifted a nearly two-year old ban on Indian sugar and cotton imports, government sources said, a step towards reviving suspended trade between the two nuclear-armed neighbours. Pakistan’s Economic Coordination Council, a top decision-making body, on Wednesday (31) allowed the private sector to import 0.5 million tonnes of white sugar as Islamabad tries to keep […]

UK economy grew more quickly than expected in 2020, shows official data

BRITAIN’s coronavirus-hammered economy grew more quickly than previously thought in the final three months of last year but still shrank by the most in more than three centuries in 2020 as a whole, official data showed on Wednesday (31). The figures also revealed the biggest pile of household savings on record last year, which the […]

EXCLUSIVE: BREXIT HURTING ASIAN BUSINESS

Revealed: Entrepreneurs say EU bureaucracy a ‘nightmare’ By: Barnie Choudhury SOUTH ASIAN entrepreneurs have revealed how European Union ‘red tape’ is causing a ‘nightmare’ for their businesses. They have told Eastern Eye how projects are being delayed because of uncertainty over what paperwork is needed. “We didn’t have clarity on forms until the very end, […]

Annual ethnicity pay reporting may become mandatory for larger UK firms

THE Commission on Race and Ethnic Disparities, set up by Boris Johnson last summer, has been examining disparities in the employment market and is expected to report its findings to No 10 by the end of this month, reported The Guardian. The commission is expected to urge the government to commit to making annual ethnicity […]

Cyrus Mistry case: Tata Sons says Supreme Court order vindicates its position

TATA SONS, the holding firm of Tata group, has said the order of Supreme Court in its fight against ousted chairman Cyrus Mistry vindicates its position and upholds the governance standards adopted by the firm over the years. India’s top court has set aside the National Company Law Appellate Tribunal (NCLAT) order restoring Mistry as the […]

UK and Bangladesh celebrate the shared values, says Prince Charles

ON the occasion of Bangladesh’s golden jubilee celebration of its independence, Prince Charles through a video message said UK also celebrates its shared values with Bangladesh. He expressed sadness that the coronavirus pandemic prevented him from visiting Bangladesh to the mark the great occasion. Reflecting on Bangladesh’s fifty years since independence, the Prince commended the […]

Workers win in equal pay dispute as UK Supreme Court dismisses Asda appeal

WORKERS at Britain’s Asda supermarkets won a key victory on Friday (26) in a long-running dispute over equal pay, with the UK’s top court ruling they can compare themselves to staff at the group’s distribution centres. Law firm Leigh Day is representing 44,000 current and former Asda shop floor workers in an equal pay claim […]

Which Eastern economies/currencies are expected to do well this year?

It’s fair to say that 2020 was a disaster both for families and the wider economy in Asia. However, the hope is that 2021 will be much better, and already we are seeing signs that conditions are improving for individuals and businesses alike. Big research companies such as PwC are predicting that the global economy […]

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