Transforming India's clearing corporations through diversified ownership and global integration
SEBI's proposed reforms aim to increase ownership limits for foreign and domestic entities in clearing corporations, promoting diversified ownership, technological innovation, and financial resilience to align with regulatory aspirations for a globally competitive and inclusive securities market
Pre-IPO Playbook: Setting the stage for a successful public listing
A well-executed pre-IPO strategy is crucial for a smooth public debut, involving careful planning, investor alignment, and a strategic approach to timing, valuation, and investor engagement to attract top-tier public market investors and ensure long-term success.
Chart of the Day: Finding opportunity amid market turmoil
Amid widespread fall in equities, some sectors have shown signs of being winners
The Eastern Window: India-Sri Lanka relations soar but hurdles remain
Sri Lanka's President Anura Kumara Dissanayake’s visit to New Delhi show that he has overcome his past opposition towards India and is ready to do business. But he is also trying to balance his relations with India and China
Weaponisation of Section 498A
In 1983, IPC added Section 498A to protect married women from harassment at the hands of her husband. A law introduced with good intentions has been over the years turned in it's head. It has become in many instances of a breakdown in the marriage, a tool to harass not just the husband but also his relatives
Delhi battles financial strain amid freebies and faces declining budget allocations
Sanghnomics: As Delhi prepares for elections, AAP's "freebies" clash with the city's financial challenges. Budget cuts across vital sectors, mounting losses in state enterprises, and questions over fiscal management highlight the urgent need for corrective measures to improve Delhi's financial health.
US Federal Reserve’s flip-flops risk undermining US exceptionalism
The central bank’s highly reactive policy approach of recent years amplifies financial volatility
MPC minutes point to pro-growth lobby gaining ground
The arguments by MPC member Nagesh Kumar in favour of a rate cut were based on a pressing need to support the slowing economy with a cut in interest rates. Ram Singh too supported this view.
Can India’s external sector keep calm for the rest of FY25?
Despite pressure on the trade gap, balance of payments seems to be on track for a small deficit in FY25
GST Meeting: What's the cost of delayed decision-making?
The wait continues for decisions on crucial matters such as rate rationalisation and lowering of premium on insurance due to a lack of consensus among various stakeholders
Alarmism over India's public debt is unwarranted
India's debt level is sustainable when seen in the context of it's economic growth. Therefore, it's important to avoid a hasty reduction in the ratio of fiscal growth to GDP ratio as borrowing has gone into creating building blocs of future growth. A Fiscal Council will help access debt level in an appropriate way.
GST Council needs a holistic approach to taxing e-commerce models
What is ideally required is a broader policy decision from the GST Council regarding the levy of GST on e-commerce business models, rather than specific clarifications or exceptions for individual sectors. Uniformity and certainty of the tax position will be critical for the stability of the burgeoning e-commerce businesses
The Reading List: December 20, 2024
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
Vault matters | Barely discussed concerns in gold loans
The year 2024 belonged to gold loans clearly. From one of the largest players, IIFL Finance, being banned for a little over six months this year to the regulator waking up the irregularities in the sector, gold loans have become the product everyone wants to focus on. But if unsecured loans are being realigned as secured gold loans product, is that proposition well thought through?
A solution for the conundrum of GST on food delivery charges
Platforms are intermediaries matching demand with supply. GST law however puts the onus of tax collection from both sides of the transactions on platforms. But the law doesn’t cover gig workers who deliver. Authorities are reluctant to let this service go untaxed. There’s a way out to balance all interests
Investors only have themselves to blame as Jay Powell steals Christmas
The Fed chair’s apparent cooling on further interest rate cuts has gone down badly with markets
Nehru had sidelined Ambedkar forcing his resignation and failed to protect Harijans
RSSFACTS: Dr. Ambedkar resigned from Nehru's cabinet in 1951, criticising his treatment and neglect of Dalit welfare. He expressed frustration over lack of portfolio assignments, cabinet committee exclusions, and the Congress's failure to address the needs of Scheduled Castes
Has the Fed’s hawkish turn changed the Indian stock market outlook?
Despite retail investor support through mutual funds as well as directly in equities, fundamentals will need to show signs of improvement
What’s the outlook for mutual fund investors in 2025?
Balancing optimism on growth with a focus on quality investments, diversification and realistic expectations will help investors capitalize on India's growth story while mitigating risks effectively
The Nehru Narrative: What the economic numbers say
Nehru’s record on economic growth was worse than that of most comparable countries
Chart of the Day: EM currencies are in for a pounding next year
Volatility will rule and investors are clueless on EM trades
Trump and the Fed: battle lines
Have the Fed members made a mistake, thinking they know what Trump’s policies will be, and how they will impact the rate trajectory?
Corporate Japan is steeling itself for hostile interest
The volume of shareholder activism and dealmaking by private equity has mushroomed
AAP expands sops for women ahead of Delhi polls, following recent election trends
With increased amount under the Mahila Samman Yojana, AAP aims to boost its popularity among women voters. Timed before the Delhi Assembly elections, it reflects AAP’s strategy to strengthen its appeal amid national party challenges, and position itself as a champion of economic equality for women
Options trading curbs: A case of throwing the baby out with the bathwater
The retail investors and traders that regulators aimed to protect are now falling victim to various dabba operators, over whom the authorities have no control.
