BUSINESS
Chart of the Day | Global steel demand to grow by 1.7 percent in 2024, unless China plays hooky
India’s steel demand growth is expected to remain solid but the global demand scenario rests largely on China that contributes to nearly half of global steel demand
BUSINESS
The Reading List: April 12, 2024
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
BUSINESS
Chart of the Day: How credit growth floated up through underpricing of risks in FY24
The difference between the weighted average lending rate of fresh loans to small businesses and the repo rate was 4.04 percentage points in April 2022 which narrowed to 3.20 percentage points in February 2024
BUSINESS
Chart of the day | Growing clout of wealth managers in India’s financial landscape
Jefferies forecasts that assets under management of active Indian Wealth Managers will double by FY27 compared to their levels in FY24
BUSINESS
Chart of the Day | Global food inflation edges up, as crude oil worries float up
The FAO index rose month-on-month for the first time since August 2023, mainly due to a heating up of vegetable oil prices
BUSINESS
The Reading List: April 5, 2024
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
BUSINESS
Chart of the Day: Competition queers the pitch for policy transmission by banks
Since the RBI began its policy rate hikes in May 2022, the spread between the weighted average lending rate and the weighted average term deposit rate has fallen sharply, partly indicating that transmission has not been smooth
BUSINESS
Final Composite PMI for March even better than the advance estimate
The March final PMI data will tell the Monetary Policy Committee that growth is not only strong, but momentum is increasing, while price pressures in services are rising
BUSINESS
Chart of the Day: Low capacity utilisation may not support cement price hikes
The recent spike in cement prices augurs well for manufacturers, but sluggish demand may play spoilsport in sustaining higher prices
BUSINESS
Chart of the Day| Has the sun set on solar panel manufacturers?
Over-capacity in China has led to a huge fall in solar panel prices and countries are scrambling to protect their domestic companies
BUSINESS
Direct Benefit Transfers: A revolution under the radar
The cumulative DBT transfers for all the years since its inception is a whopping Rs 35,30,011 crore. For the poor and the disenfranchised, the DBT ecosystem has been transformational at various levels and is the fulcrum of welfarism in the modern Bharat
BUSINESS
The Reading List: March 29, 2024
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
BUSINESS
Chart of the Day | Data centre capacity set to increase manifold
The exponential increase in mobile data usage and the push towards Digital India, with industry too adopting digitalisation, are translating into demand for data centres
BUSINESS
Chart of the Day: Record performance by SME IPOs, but can it continue?
Despite a promising landscape for SME IPOs in FY24, a cloud of uncertainty looms over the horizon, particularly due to the possibility of SEBI enforcing more stringent regulations on trading and fundraising.
BUSINESS
The Reading List: March 23, 2024
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
BUSINESS
Chart of the Day: Is GDP data understating consumption growth?
HSBC analysts argue that consumer imports have risen to higher than pre-pandemic levels, personal services and non-housing retail loans have surged. Simply put, Indians are demanding more goods that are being imported and also services and are willing to borrow to fulfil this demand.
BUSINESS
ESG strategies help in enhancing business operations and realise sustainable goals
India has made tremendous strides in promoting ESG regulations. ESG is pivotal in demonstrating a company’s commitment to not only enhance its social responsibility but also improve key value drivers
WORLD
Chart of the Day: Gold set to glitter more in 2024
With rate cuts in the offing and geopolitical tensions weighing on global growth, investors may switch to gold
BUSINESS
Chart of the Day: Why Japanese rate increase matters
Concerns arise that rising Japanese rates might prompt investors to seek higher yields in domestic markets
BUSINESS
Chart of the Day | What’s making Dr Copper cheerful?
Shift in the smelting capacity outlook is leading to a bounce in copper prices. The key question is if it will last
BUSINESS
The Reading List: March 15, 2024
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
BUSINESS
Five ways India’s next growth cycle is different
By the end of this decade, India’s GDP will clock an average 6.7 percent growth annually. The upturn underway is on a stronger footing and is taking place in an entirely different geopolitical setting than before. The world is moving away from hyper-globalisation to tariff wars and industrial policies that promote domestic production. The post-pandemic focus on resilience rather than efficiency will continue
BUSINESS
Chart of the Day: Flexible NBFCs piled on more risk in past three years
Lending to micro, small and medium enterprises has been largely bank-driven. But the past three years have witnessed a sharp increase from non-bank lenders
BUSINESS
Chart of the Day: Falling share of HFCs in home loan market
While market share of public sector banks was stable, the private sector banks saw a significant increase in share
