BUSINESS
Universalisation of pension imminent in India amid declining fertility rate, ageing population: Shamika Ravi
India’s declining fertility rate could pose great challenges for India. Policy interventions need to be aligned towards addressing falling fertility levels. No country has been able to reverse lower fertility rates so far.
BUSINESS
SCI strategic sale likely to be delayed until FY26 on lease transfer issues
The primary issue stalling the process is the transfer of lease of non-core assets from the SCI to Shipping Corporation of India Land and Assets Limited. The Mumbai collector has submitted the proposal to the state's revenue department, but the process got bogged down on extensive bureaucratic consultations, sources tell Moneycontrol.
BUSINESS
MC Exclusive I Govt likely to announce RINL financial restructuring package by December
"Before December we should have the package, can’t go beyond it. Restructuring plan will outline management changes and efficiency measures. We can't afford to have a situation similar to Air India," the government official said.
ECONOMY
IDBI Bank strategic sale to proceed without delays with RBI’s advance nod; due diligence in Nov
The IDBI Bank strategic sale criteria was prepared in consultation with the RBI. The RBI has done due diligence of all bidders. A priori approval was sought to avoid complications later on as a double check.
BUSINESS
How the next US President could influence India-China relations
Trump has explicitly stated that the United States, if he were to become President, would impose 60% tariffs on Chinese imports into the country. He has also threatened India with higher tariffs.
BUSINESS
What I like about India is that there’s been a lot of reforms in the past 10 years: Alvaro Santos Periera, Chief Economist, OECD
The OECD Chief Economist tells Moneycontrol why India stands out for its consistent focus on reform. He expects India to grow between 6.5-7 per cent. And explains why he often cites GST as one of India’s game-changing reforms to other countries such as Brazil. He says that India needs to open up to FDI and focus on ease of doing business.
WORLD
As Israel-Iran conflict escalates, India's central Asia trade aspirations could take a hit
At a time of slowing global trade, the escalating conflict between Israel and Iran could further hurt India’s aspirations of tapping into the growing Central Asian market. India has been working on tapping into the resource rich Central Asia for Indian exports.
PODCAST
Why are India's young killing themselves? Political Economy
Is India’s youth facing a mental health crisis? What is prodding India’s youth to take extreme steps of brutal violence? Neha Kirpal and Astha Ahluwalia decode the pulls and pressures of India’s youth and what can families and organizations do to provide support.
BUSINESS
Open up FDI in other sectors; create 10 champion states that'll drive the India story: Amitabh Kant
On the 10 year anniversary of Make in India, Amitabh Kant says the future of Make in India should include speedy implementation of PLI schemes, early creation of new industrial towns and opening up sectors like Insurance for more foreign direct investment
BUSINESS
Tamil Nadu govt should act fast to resolve the Samsung strike: Amitabh Kant
The G20 Sherpa shares his thoughts on the PLI schemes, Make in India programme increasing India's manufacturing prowess and the challenges ahead in the country's manufacturing journey
BUSINESS
India should never be protectionist: Amitabh Kant
Amitabh Kant, India's G20 Sherpa is of the view that if India has to grow it has to export to the world.
BUSINESS
Religare's Rashmi Saluja seeks intervention from PMO, FinMin amid allegations by ED, SEBI
Rashmi Saluja is in the middle of a fierce takeover battle with the Burmans. She contends that the allegations on her by SEBI and the ED don’t hold ground
BUSINESS
'You can't undervalue your own company': Religare's Rashmi Saluja questions ED & SEBI on ‘baseless allegations’
Rashmi Saluja, Executive Chairperson, finds herself amidst a storm with recent raids by the Enforcement Directorate and allegations from SEBI. Saluja says she is being targeted and reiterates that the Burmans' offer price undervalues the company. She adds that the Burman vs Saluja battle is inappropriate and affirms her commitment to continue building value for the company.
PODCAST
Why 'Modi ki guarantee' won't work for BJP in Haryana | Political Economy
As Haryana goes to polls, Moneycontrol does a deep dive into the changing political economy of the state and explore why voters might favor the Congress party this time. In this episode of Political Economy hosted by Shweta Punj, C Voter's Yashwant Deshmukh and Netork 18's Gaurav Chowdhry discuss the policies that may have negatively impacted the BJP.
PODCAST
Why it’s not just about anti-incumbency in Haryana
The BJP is facing an anti-incumbency in the state it has ruled for a decade, but beyond that it is also facing a pushback on some of its recent policies.
BUSINESS
Spencer's Retail to pivot to quick commerce: Sanjiv Goenka
Spencer’s Retail to keep its operations in UP and West Bengal running; to target breaking even by March 2025 as the company pivots to 30 minute deliveries, says RPSG Group chairman
BUSINESS
RPSG group's Rs 2 lakh crore mcap goal is conservative: Sanjiv Goenka
The retail-to-technology services conglomerate is also optimistic that the US Fed’s 50 basis point rate cut will help ease costs on its balance sheet
BUSINESS
Sanjiv Goenka says Rs 2 lakh crore market cap a conservative target for RPSG Group
Sanjiv Goenka said Firstsource - the group's business process company - is also scouting for acquisitions in the US and UK, along with planning value-added services like Generative AI for its clients.
TECHNOLOGY
RPSG-owned Firstsource to set up office in Melbourne, will create 3 jobs in India for each in Oz
The retail-to-energy conglomerate is also optimistic that the US Fed’s 50 basis point rate cut will help ease costs on its balance sheet.
BUSINESS
As inflation softens, will RBI cut rates?
As WPI softens to a 4-month low of 1.31% in August and FOMC meet gets underway with an expectation of a 25-50 bps rate cut, it remains to be seen if RBI reduce rates at the next MPC meet in October
ECONOMY
Ayushman Bharat scheme's expansion not enough. Quality & choice of care also important
At 1 percent of GDP, India spends among the least on healthcare. Ayushman Bharat is well-intentioned, but it needs to evolve to provide people with quality — and not cheap — healthcare.
BUSINESS
Govt’s ambitious Bharatmala project appears to be in slow lane
Cost overruns, lack of consensus are leading to delays. The ministry is hoping to get funding and approvals for one project at a time.
BUSINESS
PM Modi ups the ante on India’s semiconductor push-inks chip deal with Singapore
India and Singapore have concluded the MoU on India-Singapore Semiconductor Ecosystem Partnership. Several top companies from the Semicon sector spoke about areas of cooperation between the two countries
INDIA
4G rollout, improvement in quality of services will make BSNL profitable: Jyotiraditya Scindia
For BSNL to see profit rolling in, there should be, a) good execution and b) improved quality of service and better customer satisfaction ratings, Scindia said.
