BUSINESS
India’s drone industry shaping up to be a disruptive force
The Ideaforge IPO document gives us a closer look at the drones industry, a technology that’s becoming a staple not just in military applications but in the economy as well
BUSINESS
Chart of the Day: In spite of strong demand, new office supply could impact rentals
Strong pace of new office space supply and higher vacancy levels may keep rentals subdued in the near term
BUSINESS
The pain at the bottom of the corporate sector pyramid
Investors gunning for small caps note, RBI data on corporate performance show losses, in the aggregate, of firms with annualised sales of Rs100 crore or less
BUSINESS
Chart of the Day | China’s slowdown galvanises zinc bears
A growing surplus on the one hand and demand worries on the other are dulling the metal's outlook
BUSINESS
The Reading List: June 30, 2023
A selection of economy, business and finance articles and social media gems curated by our research and opinion teams
BUSINESS
Financial Stability Report: Consumption still stuck on the runway
Two charts in the RBI's Financial Stability Report show how real wages have fared since 2018
BUSINESS
What RBI’s Financial Stability Report says about equity valuations
Are the improving growth prospects in India already priced in by the markets, given that they are now at all-time highs?
BUSINESS
Chart of the Day: Retail loans getting riskier, but banks can handle it
As of March end, unsecured retail SMA loans were 6.9 percent of the total portfolio. In case of trouble, banks cannot recover money from unsecured loans due to lack of collateral
BUSINESS
Chart of the day| What is driving real estate growth
Cash dealings have dropped to nearly zero in household construction in the cities. This meant that a home buyer can get finance for almost the entire cost of the house minus the margin money
BUSINESS
Chart of the Day: Homes may be affordable, but home loans are not
The weighted average lending rate for home loans has risen by 175 bps while that of all loans rose 117 bps since May 2022
BUSINESS
The Reading List: June 23, 2023
A selection of economy, business and finance articles and social media gems curated by our research and opinion teams
BUSINESS
Accenture guidance signals more gloom for IT | Landmark Cars, BPCL & Eros in focus | Market Live
Indian equity markets snapped two-day gains amid volatility and fell nearly half a percent yesterday. Weak global cues after hawkish comments by US Federal Reserve, and selling in most sectors dented sentiment. BSE Sensex dropped 284 points to 63,239, while Nifty50 declined 86 points to 18,771. Intraday, the Sensex hit a fresh all-time high, but Nifty failed to conquer fresh highs for the third time this week even though it went very close to its previous record level of 18,887. Will the bulls manage to make a comeback today? Meanwhile, IT stocks may extend losses after Accenture’s Q4 revenue guidance disappoints, signaling more gloom for the sector. Catch Nandita Khemka in conversation with Mitul Shah of Reliance Securities and Raja Venkatraman of Neotrader.
BUSINESS
Chart of the Day: Foreign investors take passive funds route to Indian equity markets
Bulk of the foreign investments this year are routed through exchange traded funds (ETFs)
BUSINESS
Chart of the Day | How strong is the market, structurally speaking?
The rally that started in March 2023 is different from previous rallies in the market, in terms of the stocks that are visible on the leaderboard
BUSINESS
Chart of the Day: Convincing recovery in capex among listed firms
Capex growth in listed companies looks more convincing this time around with expenditure being more discretionary than maintenance driven
BUSINESS
Chart of the Day | Should investors worry due to a fall in ROCE and RONW in FY23?
The two main capital efficiency ratios in FY23 have declined, with the manufacturing sector faring worse than the services sector
BUSINESS
The Reading List: June 16, 2023
A selection of economy, business and finance articles and social media gems curated by our research and opinion teams
BUSINESS
Chart of the Day: PSU banks show first sign of loan market share gain in FY23
Axis Bank’s purchase of Citibank’s retail business drove the market share loss of foreign banks in both lending and deposits. For the first time in more than a decade, public sector banks gained market share in lending during FY23.
BUSINESS
Deflation deepens in wholesale prices
Deflation is seen not only in crude oil and non-food primary products, but also in manufactured products
BUSINESS
The Reading List: June 9, 2023
A selection of economy, business and finance articles and social media gems curated by our research and opinion teams
BUSINESS
Chart of the Day: Discretionary spending not back to pre-pandemic levels yet
Note that while sentiment towards spending has vastly improved from the pandemic level, it is nowhere close to the strength it had before the pandemic
BUSINESS
MSP hike raises inflationary risk, but look skywards for clarity
A sharp increase in MSP rates due to rising costs raises the risk of higher food inflation but much depends on how the El Nino risk plays out during the monsoon season
BUSINESS
World Bank says India’s contribution to global growth to match that of the US
India is likely to contribute 0.2 percentage points to global GDP growth, same as US and more than the Eurozone, but China is expected to contribute almost half
BUSINESS
Chart of the Day | Global food inflation brings good tidings
Global food inflation fell sharply in May and while local retail prices in commodities such as edible oils fell sharply, there is concern in some quarters
