BUSINESS
Three charts that give context to Sensex at 50,000
The rally is broad-based, but valuation indicators signal caution
BUSINESS
Budget Chart Point: The spillover effect
The need to continue supporting the economy could see expenditure of existing schemes carry over into the FY22 Budget
BUSINESS
Budget Chart Point | The need to push bank credit growth
A strong banking sector is needed to push economic growth
BUSINESS
Interview | Our recovery bet is more on US small caps than India, says Mark Matthews of Julius Baer
Markets would prefer a return to a smaller deficit of 5-5.5 percent, says Julius Baer’s head of Asia Research
BUSINESS
Budget Chart Point | Pushing infrastructure
The Budget must announce laws to encourage private and foreign capital participation in infrastructure creation
BUSINESS
Budget Chart Point | Will subsidies buck the recent trend?
Deregulation of petrol and diesel prices as well as low oil prices which helped reduced the cooking gas subsidy reduced the overall subsidy burden as a proportion of GDP
BUSINESS
The Reading List: January 15, 2021
A selection of articles and social media gems from the world of economy, business and finance
BUSINESS
Budget Chart Point | The quality of expenditure
Capital expenditure as a percentage of GDP has been stagnant
BUSINESS
Chart of the Day | Wholesale price inflation at 4-month low, but non-food prices spurt
It’s likely that as the recovery gathers strength, wholesale non-food prices will see higher inflation
BUSINESS
Chart of the Day | OECD leading indicator points to stable growth in India
The Composite Leading Indicator shows growth in most major economies is almost back to normal
BUSINESS
Budget Chart Point | The disinvestment puzzle
Disinvestment is a target that is mostly missed
BUSINESS
Interview | Carry trade is going to be a key theme in 2021 for debt funds, says Lakshmi Iyer of Kotak AMC
We are not going to see aggressive rate cuts, going forward. This is the reason capital gains will most likely play second fiddle to the carry in 2021, says CIO-Debt and Head-Products at Kotak AMC
BUSINESS
Budget Chart Point | Will the government consider a wealth tax this year?
The proportion of direct taxes to the central tax kitty has fallen
BUSINESS
Chart of the Day: Global food prices reach for the sky
A V-shaped recovery is visible in the wrong place, as global food prices show no signs of reversing course
BUSINESS
Chart of the Day | Post-festive industrial blues
All the sub-indices of the index of industrial production came in lower in November, except for mining and consumer staples
INDIA
Budget Chart Point | India’s spending on healthcare increases, but remains awfully low
India's spending on public health and family welfare is perking up. The COVID-19 pandemic forced governments at the Centre and states to spend more on healthcare. But the figure as a percentage of GDP remains way below what's needed
BUSINESS
Budget Chart Point | Effective tax rate was declining even before corporate tax cut
Don’t expect any changes in corporate tax rate this Budget
BUSINESS
The Reading List: January 8, 2021
A selection of articles and social media gems from the world of economy, business and finance
BUSINESS
Interview | 2020 has broken preconceived notions about markets and economics, says Mihir Vora of Max Life Insurance
Max Life Insurance CIO says stock market valuations are stretched as most asset classes have been performing. Returns next year may be in the low double-digits or high-single digits for the overall market, but there is money to be made by astute sector and stock picking
BUSINESS
Chart of the Day | India manufacturing PMI shows sustained growth in December
The sharp growth in sales in December is an indication that the recovery is sustainable
BUSINESS
Write-offs are distinct from waivers. They are not a sign of crony capitalism.
There is no debt forgiveness in loan write-offs. It is an accounting practice followed by banks
BUSINESS
The Reading List: January 1, 2021
A selection of articles and social media gems from the world of economy, business and finance
BUSINESS
Interview | Decline may continue in Q3, but expect decent growth in Q4, says Satyan Jambunathan, CFO, ICICI Prudential Life Insurance
ICICI Prudential is targeting doubling of value of new business (VNB) by FY2023
BUSINESS
Interview | We expect 7-8 per cent returns for Asian equities from current levels by end-2021: Chetan Seth of Nomura
The Japanese bank’s Asia-Pacific regional equity strategist points out the key risks to equities: disappointment on vaccine efficacy, liquidity risks and regulations
