BUSINESS
MC Interview | Jio BlackRock’s big bet: Marrying scale with reach to disrupt India’s mutual fund landscape
The BlackRock–Jio joint venture is gearing up for a long innings in Indian investing, CEO Sid Swaminathan has said.
BUSINESS
Hindustan Unilever bets on gradual recovery, steps up investments to drive sales
HUL CFO Ritesh Tiwari said gross margins are expected to improve sequentially, though any gains will be reinvested in the business.
BUSINESS
Numbers belie Trump's Tariff King claims
India's tariffs have been declining for years, comparable to major emerging markets
BUSINESS
This deal will hopefully inspire other companies to invest more in innovation: Glenn Saldanha
China has achieved a lot, largely due to immense government support. Here, it's largely the private sector
BUSINESS
The big beautiful monetary policy
RBI Governor Sanjay Malhotra and his MPC colleagues have tailored monetary policy to boost economic growth. It’s the most appropriate decision when seen in the backdrop of a likelihood that investment is expected to dip this fiscal. That said, the key to an investment revival is a significant increase in demand
POLITICS
India and Pakistan aren’t getting re-hyphenated
India's emergence as a significantly large economy, ahead of Japan sometime this year, will ensure that doesn't happen. But India will have to ensure that it emerges as the leading player in the China +1 strategy of MNCs and has access to the top AI technologies to translate its recent military triumph into a wider strategic victory
POLITICS
India and Pakistan - An immoral equivalence by the Western media
The US conducted approximately 430 drone attacks between June 2004 and July 2018 in Pakistan, resulting in between 2,500 to over 4,000 deaths. Western media was not notably vociferous in demanding rigorous proof about the guilt of the targeted persons. Most anti-terrorism operations are mounted based on intelligence inputs, which would not pass the ‘beyond reasonable doubt’ criteria of criminal trials
BUSINESS
Who can get Trump to back off? Markets
Markets, not Congress or courts, have proven the only effective check on Trump's erratic trade policies. Investor backlash forced policy reversals, creating uncertainty for global trade partners like India amid ongoing US-China tariff negotiations
BUSINESS
President Trump has embarked on a remarkable economic experiment
It's perhaps the most right-wing government in recent American history which is dismantling the post Second World economic order and post-cold war economic order, which was largely set up by the US, on the ground that low-income Americans have been hurt. That’s a turn of events which few could have foreseen
BUSINESS
Citi is India’s largest foreign bank, even without retail business: Citi India CEO Ashu Khullar
Citi presently is the largest corporate FX (foreign exchange) player in the market, Khullar said.
BUSINESS
Citi’s strengths are aligned with what India needs: Citi India CEO Ashu Khullar
Khullar said India is becoming one of the most vibrant financial sponsor to investors and this would give him a reason to stay in touch with the Indian market.
BUSINESS
A hedge fund owner founded DeepSeek, showcasing the potential of capitalism
A Chinese hedge fund, high-flyer, has transformed into DeepSeek, a pioneering AI company, challenging traditional capital-intensive models. Its success underscores the unpredictable creativity of capitalism, where even speculative sectors like hedge funds fuel technological breakthroughs
BUSINESS
RBI’s monetary policy marks clear change of direction in regulation
Governor Malhotra highlights the trade-offs between regulations aimed at enhancing consumer protection and stability, and efficiency. Also, the underlying message is that there may be a greater weightage placed on economic growth
BUDGET
‘The new direct tax code bill will not have any new taxes, will be applicable from April’: Tuhin Kanta Pandey, Finance secy
Finance Minister Nirmala Sitharaman announced that the new income tax bill will be tabled in the Budget session of the Parliament- the bill will simplify the existing act and will not introduce any new taxes
BUDGET
PM Modi wanted a ‘pro-growth, pro-people and pro-taxpayer budget’: Finance secy
The Budget had to balance several imperatives but the Prime Minister was very clear that it has to be a taxpayer-friendly budget, Tuhin Kanta Pandey told Moneycontrol
BUSINESS
Full transcript: Finance Secretary Tuhin Kanta Pandey's exclusive interview with Moneycontrol
“ Make it a pro-growth, pro-people and pro-taxpayer budget. These were the overall guidance, says the Finance and Revenue Secretary.
BUSINESS
Being protectionist doesn’t benefit anyone: Finance Secretary
Tuhin Kanta Pandey’s remarks come at a time when the United States is intensifying its protectionist trade policies under former President Donald Trump.
BUSINESS
Tax cuts won’t be inflationary, fiscal consolidation path intact, says finance secretary
Rejecting the notion that the Budget is skewed towards either consumption or capital expenditure, Tuhin Kanta Pandey tells Moneycontrol that the government has ensured a balanced approach
BUSINESS
With fiscal support in Budget, hope RBI will act in tandem to boost growth: Finance secretary
Monetary and fiscal policies should not work at cross purposes but rather complement each other to ensure balanced economic growth, Tuhin Kanta Pandey told Moneycontrol in an interview.
BUSINESS
MC Interview |In signal to India Inc, DEA secy says need infra investment of up to 8% of GDP every year
Ajay Seth agrees that there is a message in the Budget for the Indian industry to increase investments as well as proposals to facilitate it via public-private partnerships
BUSINESS
MC Interview: Centre can't keep hiking capex by 25-30% each year, says Expenditure Secretary Manoj Govil
Govil, in an exclusive interaction with Moneycontrol, spoke on a range of issues from the fiscal implications of the 8th Pay Commission to the chances of a rating upgrade.
BUSINESS
India's crypto take to factor in change of stance by major economies, says DEA Secy Seth
The finance ministry has been working on bringing out a discussion paper to seek comments and views from relevant stakeholders on the ideas outlined in it. This paper will contain suggestions on the remit of regulations for cryptocurrencies in India as well.
BUSINESS
Govt expects to bear 8th Pay Commission cost only from FY27, says Expenditure Secy Manoj Govil
The finance ministry has written to Ministry of Defence and Home Affairs as well as the Department of Personnel and Training to suggest the terms of reference for the Commission, following which the Centre will approve them.
BUDGET
2025 Budget signals a shift in priorities
Clearly the intention is to shift to demand-led growth rather than continuing to boost the supply side by building infrastructure.
