The Opposition’s churlish boycott of the inauguration of the new Parliament building is on very weak ground. What should have been a great moment for India’s democracy and history in the making has been sullied
A selection of economy, business and finance articles and social media gems curated by our research and opinion teams
The US economy is now closer than it ever has been to realising one of the more radical visions in the finance industry
The government designated bullion dealers as ‘Reporting Entities’ to bring them under the Prevention of Money Laundering Act, 2002 (PMLA) and Unlawful Activities (Prevention) Act, 1967, mandating them to adhere to anti-money laundering (AML) standards, and combating proliferation financing obligations
Artificial intelligence promises greater gains than any technology before it, but it threatens to worsen pay and wealth inequality
The Jalandhar bypolls reaffirmed that the AAP is firmly entrenched in Punjab with Congress as the primary opposition. A desperate Akali Dal, in free fall since 2015, is rebuilding bridges with a Congressised BJP, a forced political alignment that is easily evident to voters
Nine years of the Modi government can be considered to be excellent years for the economy and people of India. Despite the worst pandemic of the century, in these nine years, India’s international standing has also improved significantly, not only in terms of ranking in GDP but also in terms of cooperation with other countries, both rich and poor
In today’s edition of Moneycontrol Pro Panorama: Can PM Modi help clinch deal with Australia, steel output is losing its glint, sooner AFSPA in Assam is lifted the better, more unbearably hot conditions likely ahead, and more
Assam CM Himanta’s promise to lift the draconian AFSPA law, which gives legal immunity to armed forces and left a trail of bloodshed and injustice in its wake, heralds a new dawn for the Northeast’s biggest state. Improvements in Assam’s security situation led to this. Divisive political rhetoric mustn’t create new faultlines for re-emergence of violence
Traditional banking, the play of forbearance, funding and cash flow characteristics, all combine to make Indian banks less vulnerable than their US counterparts
A sharp cut in China’s output is accompanying slippages in other major countries, India is among the few exceptions
Is AI the latest threat to livelihoods? That depends on society
A better approach than crossing over into Russia might be simply to cut Crimea, which Putin annexed in 2014, from Russian supply lines. With luck, Putin would at that point decide that he’s had enough and grudgingly enter peace negotiations. But if Putin came under military pressure in Russia proper, he could go to any extreme
The company plans to build business in a cluster and exit underperforming hospitals
To push sales, real estate developers are cutting prices but the Chinese government is penalising those who are announcing sharp cuts for fear of it disturbing the market and spreading the crisis to banks
Nvidia’s latest stock pop came after the company projected $11 billion in sales for the quarter ending in July, beating estimates of about $7.18 billion for the quarter. It has been helped by the coming of generative AI, which is forcing the world’s $1 trillion in installed data center infrastructure into extensive upgrades to accelerate computing power and significantly cut energy and costs
Nearly three weeks after Financial Times wrote about how Gatik, this mysterious Indian company, had emerged as a giant of the international waters having shipped at least 83 mn barrels of Russian crude and oil products since the invasion of Ukraine began, we know virtually nothing about it
The primary driver behind AUM growth has been a synchronous appreciation in the price of gold
A study by researchers at the University of Exeter says that 600 million Indians will be affected by climate change
The new Parliament building can seat 888 members in the Lok Sabha and 300 in the Rajya Sabha chamber. So is a fresh delimitation exercise in the works? With this, as many as eleven states may improve their heft in Parliament while nine others could slide a bit
New Delhi will have to work hard to cash in on Modi’s charisma to clinch a trade deal with Australia and strengthen ties with Pacific island nations
With hardware heading to near-irrelevance, regulators are right to focus on the decades-long appeal of the most popular games
Global Britain has arrived, though it’s not what Brexiteers imagined
The Digital Indian Bill consultations are offering public policy analysts greater clarity on the scope of the law, its construction and larger intent. Ultimately, it is for GoI to find the balance that protects the free and open internet, effectively fights crime, enables AI to create jobs and benefits, and copes with technological change
In today’s edition of Moneycontrol Pro Panorama: US stock market rallies in green, office and retail property market zooms, lessons from energy crisis for EU, BJP considers AAP a bigger threat, and more