BUDGET
Economic Survey: CEA’s big message – Deregulate, lower the cost of business
Ease of Doing Business, deregulate, lower the cost of business will accelerate economic growth is the core message from the Economic Survey 2024-25
BUDGET
Not Tatas or Birlas but SMEs will create jobs: Ajit Ranade
Budget 2025-26 has limited room for tax cuts but it could have a strong signalling effect on private investment and job creation, says economist and author Ajit Ranade.
PODCAST
Not Tatas or Birlas but SMEs will create jobs, says Ajit Ranade | Political Economy
Budget 2025-26 has limited room for tax cuts but it could have a strong signaling effect on private investment and job creation. “ It's not the large companies like Tata, Birla, Reliance or Adani who are going to create jobs, or even railways or the postal department or telecom, you know, the BSNL. It's going to be small, medium and micro enterprises,” Economist and Author, Ajit Ranade tells Shweta Punj of Moneycontrol that Budget 2025-26 should stay on the path of fiscal consolidation and bring in direct tax reforms. Tune in.
BUSINESS
India may have to grapple with slower global growth, weaker exports during Trump 2.0: JP Morgan's Chinoy
On his inauguration day on January 20, Trump announced that the US will roll out an America First Trade Policy.
BUSINESS
India must project itself as ready, waiting and willing in a Trump era, says Sajjid Chinoy of JP Morgan
JP Morgan's Sajjid Chinoy believes the uncertain global landscape under Trump 2.0 could weigh on all emerging markets, including India. He sees the Union Budget 2025 facing the challenge of responding to the domestic slowdown without appearing to lower the guard against a hostile global environment.
BUDGET
Employment, structural reforms and fiscal stability key for Budget 2025, says Sajjid Chinoy
Speaking in an interview with Moneycontrol, Chinoy said that India must balance domestic growth concerns with global economic uncertainties while ensuring macroeconomic stability.
BUSINESS
Budget 2025-26 must address middle class; their disposable incomes have fallen: Surjit Bhalla
Budget 2025-26 is a 1991-like moment for India. A big, bold budget is needed, India needs to do things differently, reduce taxation and change policies for FDI.
BUSINESS
India Inc seeks an easier tax regime and fewer compliances under Modi 3.0, shows MC-Deloitte CEO survey
An overwhelming 91% per cent of CEOs polled in a Moneycontrol-Deloitte survey of 45 CEOs across industries have asked for an easier tax and compliance regime to make it easier to do business in India.
BUSINESS
Pursue divestment aggressively, simplify GST, implement schemes in labour intensive sectors: Rajiv Memani, Chairman, EY India
The upcoming Union Budget presents the Modi government with an opportunity to advance the narrative of economic stability, says Memani
PODCAST
Should India build national champions? Political Economy with Amartya Lahri and Prasanna Tantri
Should nations prioritise certain conglomerates and tweak policies for them for nation building? Should India follow the South Korean model of building family-owned conglomerates central to the national economy? Watch Amartya Lahri and Prasanna Tantri with Shweta Punj on the India model of creating national champions. Listen in
BUSINESS
'Act Now': Policy lessons from Q2's 5.4% GDP growth
Economists highlight the need to ramp-up spending by governments given that tight monetary and fiscal policies may not deliver India's potential rate of growth.
PODCAST
Big Tech & Media with Rajeev Chandrashekhar | Political Economy
Google, Meta are being held accountable for the content they use across the world. Should India get big tech to pay to traditional media for content? Political Economy with Shweta Punj and Former MOS IT, Rajeev Chandrashekhar. Tune in
INDIA
Want Big Tech to succeed but not at the cost of Indian entrepreneurs: Rajeev Chandrashekhar
Former IT minister Rajeev Chandrashekhar says that while Big Tech brings a lot to the table, these companies must also comply with established rules and regulations.
BUSINESS
Will Trump risk inflation to keep electoral promises?
Expectations of expansionary fiscal policies through tax cuts and higher tariffs under the Trump presidency could lead to steeper inflation back home and higher interest rates across the globe, triggering more foreign investment outflows from emerging markets like India.
INDIA
India-US defence ties to get stronger post Trump win, trade issues could create friction: Experts
A Moneycontrol analysis found that both the Biden and Trump administrations contributed equally to arms exports to India
INDIA
US elections: Less lectures on democracy and higher tariffs likely under President Trump
Analysts say an impulsive Trump is likely to be mellower this time around. For India, his anti- China stance adds heft, but New Delhi will also have to brace for higher tariffs
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.
