BUSINESS
Crypto: Watch Wall Street move in after crackdown
Now that the US Securities and Exchange Commission has decided to regulate a range of widely traded digital coins as securities, and sued two of their largest trading venues for peddling them without first registering the tokens with the authority, there is a good chance that blockchain leadership may finally pass over to regulated banks.
BUSINESS
How do you end Sri Lanka’s crisis? Ask the bond market
Sri Lanka is only about a quarter of the way to meeting its commitments to the IMF, but the results of reform are already beginning to show in the bond market. The big missing piece is restructuring of domestic liabilities.
BUSINESS
Dollar Dominance: US currency will fight off the digital upstarts
When it comes to carrying value across illiquid currency corridors, the dollar is a sturdy mule. The enormous coordination and trust it will require to first create a global digital public good, and then agree on its ownership and governance, makes digital currencies a non-starter
BUSINESS
Both Go First and bankruptcy laws need a rescue
There is a difference between protecting the capital in a business, and saving the capitalist behind it. After some initial successes, the 2016 bankruptcy reform has often been unable to find that fine line. With Go First, there is an opportunity to change that
BUSINESS
Time for Adani Group to raise equity and regain market credibility
Supreme Court Chief Justice D. Y. Chandrachud said on Friday that his three-member bench had received the findings of an expert panel it had set up in March to look into any regulatory lapses in the wake of a short-seller’s report against the Adani Group, a conglomerate from Modi’s home state of Gujarat.
BUSINESS
Want to bet On China + 1? Try real estate
Vietnam’s harsh credit conditions are easing just as China+1 emerges as a key theme of Asian investing. The median age of the population is 32 years, and urbanisation is fast kicking in. If Vietnam builds, someone will surely come
BUSINESS
India’s banks have it all, except caution
Strong profit growth has put Indian financiers’ optimism in overdrive, but is it sustainable? Skimping on loss provisions is risky, especially when this strategy has backfired in the past
BUSINESS
ITC: The one Indian conglomerate that’s in no hurry to win
Tobacco giant ITC is transforming itself into a long-term sustainability platform involving hundreds of millions of farmers and consumers. The market is paying attention
BUSINESS
ITC: The one Indian conglomerate that’s in no hurry to win
The country’s eighth-largest publicly traded firm has a market value of $60 billion; it’s sitting on nearly $2 billion of net cash. The 93 percent of profit ITC returned to investors in the last financial year is a relief from the blistering growth family-run Indian businesses have pursued, writes Andy Mukherjee
BUSINESS
Global Money Transfers: It's Nexus vs Icebreaker
One concept uses bank deposits, the other digital currencies. Both could be coming to your smartphones. Technology will level a playing field where retail clients are badly fleeced in comparison to small businesses and large corporations
BUSINESS
India’s tech hub can’t deal with SVB fallout if it’s stuck in traffic
For Bengaluru's startup ecoystem that's trying to weather a funding winter, an equally pressing problem is the woeful infrastructure deficiencies of the city. Otherwise, India’s best-known global success story might get crushed by its own growth
BUSINESS
Virtual Reality from India will train future doctors
India’s capabilities in software are entering a new phase. Indian startups are creating niche software products for fields like medical education in the hope of taking them global.
BUSINESS
In India, tech is collecting loans it helped create
India's booming digital lending business is stoking demand for a new breed of startups that are aiming to build -a platform that can be used to collect loans – and, in future, insurance premiums – anywhere in the world.
BUSINESS
Silicon Valley Bank collapse shows fickleness of crypto money
The world’s second-biggest stablecoin got thrown off its peg because of the demise of a bank relatively unknown outside Silicon Valley
BUSINESS
Move over Stablecoin. A new Token is coming
Bank deposits always covert to currency at face value. Or that’s what people believe. So why not put these liabilities on the blockchain?
BUSINESS
India isn’t immune to the stagflation that felled its neighbours
Self-sufficiency in food production, a sizeable foreign-exchange war chest and a vast software exports industry helped cushion the commodity and hard-currency shortages but there are cracks that require addressing
TRENDS
Hong Kong, Singapore show diverging post-COVID economic paths
Hong Kong mimicked the mainland’s isolationist zero-infection policy and lost business and talent to Singapore, its main competitor in the region
BUSINESS
Why India’s billionaires banded together for Adani
The bigger surprise is how the other uber-rich came to the last-minute defense of their compatriot in the crosshairs of an American short seller.
BUSINESS
Narendra Modi can shrug off Rahul Gandhi’s populist challenge, for now
PM Modi’s core economic agenda is to promote India as a rival to China in manufacturing. He has sought to achieve this by incentivising private factory expenditure and allocating more state resources to infrastructure, particularly rail and road
BUSINESS
Make money first. Geopolitics can wait
US card networks may get to tap small Indian retailers who otherwise can’t afford them. On that hangs a tale of rivals putting profit before parochialism
BUSINESS
When terminator robots police loan markets
Is decentralised finance a 21st-century utopia or dystopia? Two opposite views are starting to emerge
BUSINESS
Indian tech’s start to the year has shades of 2012
Europe’s sovereign-debt crisis had a long, slow but painful impact on sales and profit of the software outsourcing industry. Is a repeat possible?
BUSINESS
Will crypto ever be a safe investment?
Large institutions’ involvement as custodians of digital assets is good news, but some of the regulatory gaps can only be filled by new laws
BUSINESS
Why Sri Lanka’s suffering may not end soon
Debt restructuring has become an exhausting exercise for troubled nations as bilateral creditors bicker and some investors mount legal challenges
