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
Chart of the day| Why Sovereign Gold Bonds may die a silent death
Given the outlook for gold in uncertain times and the disparity between interest rates and gold returns, investing in SGBs is a no-brainer for investors. However, for the government, it would be a high cost to pay to prevent imports.
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
Business in the Week Ahead (July 29- August 2, 2024)
In the coming week manufacturing production numbers for India and the UK will be released. Here are some key macro data that market participants will be keeping an eye out for
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
BUSINESS
Chart of the Day: Credit guarantees, forbearance have fuelled MSME credit
Special schemes have beefed up bank credit to MSMEs in the past
BUSINESS
Capital gains rationalisation is fine but there’s a reason for the backlash
Regulatory data on proliferation of financial instruments to different income segments counters the claim that capital gains affects only the wealthy. Indexation benefits are determined by geography which makes a cookie cutter approach irrelevant. Tax payers need to be given a choice of method
BUSINESS
India Inc’s effective tax rate rises on the back of large companies, services sector
After two successive years of reduction in the effective tax rate, Indian companies faced an increase in FY22 with the ETR rising to 23.3 percent from 22.2 percent a year ago
BUSINESS
Chart of the Day: FDI equity inflows to infrastructure step up
About two-thirds of the FDI flows have come into infrastructure construction and the next largest share has been taken by renewables
BUSINESS
India budget extends economic momentum to social equity
The budget carries a futuristic tone, as it sets up the roadmap for long-term vision of developed economy. It has also laid the foundation to bring inclusive and sustainable growth trajectory
BUSINESS
DPI Dominates, AI Awaits: India's 2024 Budget charts digital course
Budget 2024 demonstrates India's commitment to leveraging its digital advantages. The focus on DPI and support for startups are commendable steps but a more comprehensive strategy for AI will be crucial to realise India's potential
BUSINESS
Union Budget 2024 charting course for 'Viksit Bharat'
The budget's theme resonates with the aspirations of a young nation and is also a strong start towards the goal to achieve fiscal deficit target of 4.9% of GDP for FY 24-25.
BUSINESS
Budget 2024 outlines roadmap for 'Viksit Bharat', focus on poor, women, youth and farmers
The Budget unveils government’s plan for 'Viksit Bharat' placing significant emphasis on job creation and skill enhancement as its focal points, structured around four key pillars
BUSINESS
Digital initiative, financial inclusion and MSME troika takes centre stage for Budget 2024
The Budget announcements on DFM will bolster the efforts of the financial sector to support India's economic growth. This budget is expected to set the agenda for the next five years and provide a framework for regulators, financial institutions and market participants
BUSINESS
Chart of the Day: A snapshot of budgetary trends in the last 10 years
Both central government expenditure and fiscal deficit are still considerably above pre-pandemic levels
BUSINESS
A push towards ‘Atmanirbhar Bharat’ in Budget 2024
Lowering customs duty for specific products in the budget is carefully designed approach to promote domestic manufacturing
