BUSINESS
Budgetary GST reforms will help improve ease of doing business, new age businesses & increase investor confidence
The changes are expected to benefit multiple sectors, particularly small and medium business, for whom tax litigations can often spell a death sentence
BUSINESS
The Reading List: August 9, 2024
Our research and opinion teams have curated articles and social media gems from the world of economy, business and finance for you catch up on the weekend
BUSINESS
A golden opportunity beckons
Budget’s proposal to reduce import duty on gold opens the door to transform the entire sector. Government should consider establishing price benchmarks and quality standards that will align with a body such as London Bullion Market Association
BUSINESS
Chart of the Day: Revenue, earnings growth set to moderate in FY2025
The impact of cost push inflation and erratic demand, which led to volatility in corporate performance is set to normalise
INDIA
India's Arbitration Reform: Enhancing neutrality and global standing
India's arbitration landscape has undergone a remarkable transformation, shifting from unpredictable court interference to a more arbitration-friendly environment. Recent amendments emphasize the need for an arbitrators' independence and impartiality, to enhance the country’s global arbitration credibility
BUSINESS
Chart of the Day: Monetary Policy Committee has a rich history of dissent, but no split
MPC members have differed not just in policy rate changes but also the stance.
INDIA
Climate Calamity: Unchecked development, ignored warnings trigger environmental catastrophe
The relentless pursuit of development over the past decade has led to severe ecological damage, including species extinction, flooding, and landslides. Neglecting numerous expert warnings and recommendations, has exacerbated the crisis. There is an urgent need for responsible environmental stewardship
BUSINESS
A ‘Make in India’ approach to craft digitally sound regulations for sustainable growth
India's Digital Public Infrastructure (DPI), including Aadhaar and UPI, has dramatically reduced the digital divide and spurred growth. Effective regulation embedded in technology can further this success, potentially transforming global digital regulatory approaches
BUSINESS
Chart of the day | FPI holding at 12-year low, what that means for markets
The growing equity cult in the country has led to a narrowing of the gap between foreign portfolio investors and domestic investors, giving the latter more sway over markets
BUSINESS
Strengthening IP Securitisation in India: Legal reforms and financing innovations needed
Over the past two decades, intellectual property (IP) securitisation has gained prominence in securing debt financing. India's IP financing ecosystem, though nascent, could benefit significantly from robust securitisation practices and legislative improvements, similar to initiatives in other economies
STOCKS
Japan triggers a tsunami in the market, but is it powerful enough to continue?
The Japanese Yen is not the only concern troubling the market. Disappointing economic data from the US and the growing risk of further escalation in the Middle East compound the issues
BUSINESS
Chart of the Day | The message from global food inflation for the MPC
A sharp fall in the global prices of cereals is good news but edible oils are up, with the FAO Food Price index declining in July. Domestic inflation in cereals wheat and rice has also softened
BUSINESS
The Reading List: August 2, 2024
Our research and opinion teams have curated articles and social media gems from the world of economy, business and finance for you catch up on the weekend
BUSINESS
Retail Media Revolution: Transforming India's advertising landscape
Retail media is reshaping advertising in India by blending e-commerce and data insights. This shift allows hyper-targeted ads and real-time consumer engagement, fostering a dynamic marketplace where brands, from local to national, can thrive in the evolving digital economy
BUSINESS
Chart of the Day: Do banks want credit cardholders to swipe more but spend less?
Banks want customers to keep swiping but for lower amounts.
BUSINESS
Scaling Beyond GenAI Pilots: Strategies for future growth
To scale GenAI from pilots to production, IT leaders should secure client buy-in early through co-creation or paid PoCs, demonstrate early impact, and educate clients about the technology. Essential to this process are a clear vision, governance, operating model, skilled personnel, and proper tech and data infrastructure
BUSINESS
Funding gap a major challenge for India’s biotechnology sector
India is a leading global biotechnology hub, poised for substantial growth with a bioeconomy projected to reach $300 billion by 2030. Despite successes in biosimilars and healthcare, inadequate venture capital and regulatory constraints hinder its full potential. Overcoming these challenges through enhanced funding and infrastructure is crucial for India to excel in global biotech innovation
BUSINESS
India’s competition framework needs a strategic vision
Core components of the Artificial Intelligence (AI) industry lie with the external companies thereby resulting in power asymmetry. This means that the current trend in the ownership patterns of technological assets is challenged
BUSINESS
Why integrating technology platforms is essential for quickening insolvency resolution
‘A single source of truth’ on the affairs of a debtor can compress timelines in resolution. Information asymmetry leads to delay. Also, segregating insolvency court from the company court will result in shaper focus
BUSINESS
The Reading List: July 26, 2024
Here's a list of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams for you catch up on the weekend
BUSINESS
Financial services perspective of India’s Budget and the path to Viksit Bharat
The Budget for FY24-25 is a forward looking one and it lays down a comprehensive framework for fostering economic growth, with a clear focus on inclusivity and sustainability. Its effective implementation would significantly contribute to the realization of the Viksit Bharat agenda
BUSINESS
Cutting through tax complexity in Budget 2024
The budget announcements should give a positive signal to foreign investors about India’s intent to provide a benign tax regime
BUSINESS
How the budget has made gold investment attractive
Lowering duties ahead of the festival season will help improve demand, benefiting all stakeholders. For digital gold, lowering LTCG on gold funds or gold exchange-traded funds (ETFs) aims to realign the tax structure of various asset classes
BUSINESS
Judgement that will alter both federal and mineral tax landscape
The 8:1 judgement not just delivers closure to a long festering conflict, it can ease the fiscal landscape of most mineral-rich states that are among India’s poorer ones. But fragmentation in mineral taxation is the risk Gopal Mundhra
