Whether the volatility continues post elections would be determined by the results. A change in leadership typically leads to more volatile stock markets as policy direction becomes unclear
The increase in divergence between Bloomberg consensus estimates for FY2025 and bottom up Nifty estimate shows lack of confidence on prospects of upgrades in the near term
Reddy, who previously founded Spandana Sphoorty Financial Ltd warns that borrowers are severely over-leveraged, with more than 50 percent of borrowers having between 6 to 15 loans, with their EMIs far exceeding their household incomes
Economic and geopolitical threats are increasingly at odds with the apparent calm in financial markets
November 26 marks the 75th anniversary of the adoption of the Indian Constitution by the Constituent Assembly. Almost obscured by the political stalwarts who played a key role in its making, but always acknowledged as the remarkable civil servant who threaded diverse needs into a coherent foundational document is Rau. He holds the distinction of also having played an important role in drafting Burma’s constitution in 1947
Heavy investment is generating real revenue, but as returns rise, so does rivalry
Regulatory harmonisation and tepid demand for industrial credit influenced the boom in both microfinance and retail lending. RBI has a case to be wary of slackening underwriting standards. But given the ground realities, it’s pertinent to wonder if some of its disciplining measures and signalling are missing the big picture of the drivers of credit in these segments
Benjamin Graham's ‘The Intelligent Investor’, published in 1949, remains a vital investment guide. It introduced the concept of Mr. Market, urging investors to focus on intrinsic value and seize opportunities amid market irrationality
Since the pandemic, domestic institutional investors (DIIs) have not been net sellers on an annual basis. This trend can be attributed to retail investors' influx of funds into mutual funds, primarily through systematic investment plans (SIPs) and direct investments.
The RBI’s directive leaves many unanswered questions and begs for some explanatory notes. It also points to a wrinkle in the central bank’s self-regulatory regime being rolled out
A NABARD survey finds that the increase in consumption expenditure by rural households has been funded by drawing down their financial savings, on the one hand, and increasing their borrowings on the other
A Nomura report says that a mix of weaker nominal salary growth and a leaner workforce could be hurting urban consumption
Indians are gradually letting go of cash for transactions, but cash is still king. The Cash Usage Indicator data shows a gradual decline in cash usage, but even then cash remains significant in the lives of Indians.
Covid presented one of the biggest challenges to small firms as funding from institutional sources dried up. However, the timely actions by the Government and the RBI by way of funding support and moratoriums on loan repayments helped these firms tide over the crisis.
Tamil cinema’s matinee idol is swimming against the tide. During almost 60 years of Dravidian political domination, other movie stars have tried to launch their own political vehicle to create space. None succeeded and they remain footnotes in the Tamil Nadu’s political history. If Vijay wants to be different, he needs to remember politics is not a sprint. Does he have the stamina for a marathon?
Punjab is India’s largest source of rice for PDS. A severe storage crunch there leading to delayed procurement of the current harvest is distortionary. The immediate solution is to quickly move rice procured last year from Punjab’s godowns while hiring more storage space. The long-term solution is to find ways to push some farmers in Punjab and Haryana into crops other than paddy
Governments should consider lower rates for investment activities that drive innovation
RSSFACTS: The recent Akhil Bharatiya Karyakari Mandal meeting in Mathura, focused on organisational expansion and strategies for outreach, including five transformative ideas. The RSS aims to enhance its service initiatives, particularly in disaster relief, while addressing violence against Hindus in Bangladesh, asserting that they should remain in their homeland
DLF scores over its peers as it has turned cash flow positive in both business segments -- residential and commercial
Himachal Pradesh, which hosts close to a quarter of India’s large operating hydro power plants, is facing low reservoir water levels
The Centre may push for more work visas in bilateral deals following Germany’s decision to raise the quota for skilled Indian workers
Once the expiry is done and dusted, the process of price discovery begins again. Much will depend on how much of the existing long positions are carried over to the November series
The idea of de-dollarisation is gaining currency but a number of factors stand in the way of this idea turning into a reality
The first tentative conclusions from the bombing are bearish
Targeting groups studying disinformation is bad news for democracy
