'Thirty-four years ago, on the able shoulders of Dr Singh, an entire nation stood and got a chance to see its destiny—a destiny that we continue to craft today'
Much has been written about Singh’s role in India’s economic liberalisation. An economist views Singh through the prism of her profession and highlights that personality traits of leaders have an impact on a country’s economic trajectory. Manmohan Singh was indeed one of a kind
While the momentum behind the development of large models might fade, there will be other advances
On the back of slowing domestic earnings growth and lower government capex over 2H24, we believe policy actions will be key to watch, going forward
The VC business is based on a “power law”, which means that the success of a fund hinges on the top few investee companies that provide outsized exits
The RBI’s interventions have been criticized and have found support too
The RBI’s forex operations are the biggest drag on liquidity
The challenges to growth remain the same: slacking private capex and tepid demand
2024 was a fruitful year for India’s entrepreneurial and industrial ecosystem. The next year can be better in the backdrop of favourable macroeconomic and geopolitical trends. The journey ahead will be underpinned by precision engineering, robotic, R&D-led manufacturing and defence
Percolation of BJP’s ideology allowed the party to overcome negative effects of economic hardship felt by a section of voters. It also set the template for the polity, with other political formations pushed into a reactive mode
Fast-growing Indian market behind only the US in money raised by company listings
To make sense of global political trends which emerged prominently in 2024, the traditional Left-Right framework of analysis needs to be abandoned. Globalisation has led to a churning where nationalism undergirded by perceptions of threats of dominant groups has become the focal point of Right Wing mobilization. That, in turn, will lead to new fault lines
New Delhi is concentrating on the benefits of shared prosperity but there are security concerns with China
A confluence of factors could drive up crypto adoption in 2025 and beyond. The outcome of US presidential elections, rising institutional support and regulatory frameworks are just a few key ones
West Bengal is perhaps shifting from attracting big firms to facilitating growth of small businesses
The rising usage of generic drugs is undermining pharma market growth in India
Data shows that the FIT era freed up funds for banks enabling them to use this for productive lending purposes
In 2024, fixed income market in India got a boost with the country’s inclusion in the JPMorgan Global Bond Index. Moreover, the Indian market offered stable returns when many other markets experienced volatility. In 2025, liquidity should rise with India’s inclusion in the Bloomberg Index and FTSE Russell. Therefore, the next reform should be harmonisation of different trading platforms
Indian badminton appeared to regress in 2024, with its top players unable to win an international title. As the year drew to a close, PV Sindhu and Lakshya Sen won titles at the Syed Modi International at Lucknow. Hopefully, it’s an early indicator that the tide will turn in 2025.
Agra's Christian presence, born from interactions between Mughal emperors and European priests, is a fascinating tale of cultural exchange, marked by the construction of historic churches and cemeteries, reflecting the city's rich and intertwined history.
It is unclear why some companies have staying power
Falling output should be good for steel prices but China’s slowing economy has led to surplus steel flooding other markets
Traders will need to sweat more to get profits in the new year
A cyclical slowdown awaits the economy in FY26, but banks can easily weather this
