While financial savings account for 46% of gross household savings, only 6% is allocated to mutual funds, underscoring the significant growth potential in the mutual fund industry
WTO report cites rising Indian exports to Europe as evidence of New Delhi’s emerging clout in global supply chains
Order inflows at TCS declined in last two quarters while Accenture reported strong growth in bookings
There is a huge ‘Ivy’ League bias in the economics Nobel Prize, not an ideological bias. By comparison, in the sciences, there is a healthy diversity across all universities. The compelling case against awarding an economics Nobel is that recipients are bestowed with credibility that is sometimes at odds with the real word damage of their work
RSSFACTS: The goal now will be a renewed focus on tackling the fault line of caste. The organisation understands how the deep state, cultural Marxism and wokeism are targeting Indian youth. This is what RSS terms as the battle of narratives
Out of 23 manufacturing sectors, as many as 15 sectors had a higher production level in August 2018 than in August 2024
Economists are asking why China has withheld the release of a full-sized stimulus package to address the economic challenges and achieve the target of 5% GDP growth. The Chinese leadership is looking for a consensus on the contents of the package because it has political overtones and is also watching the outcome of the US elections
There is certainty on the succession planning front, but on others such as the group’s strategic direction and investments only time will tell
Our research and opinion teams have curated a selection of articles and social media gems from the world of economy, business and finance for your weekend read
AI has made its way in boardrooms, triggering questions about their future role there. At best, AI is a tool that enhances the functioning of boards. Ethical dilemmas and decision making in the face of incomplete information, issues which boards grapple with, are beyond the grasp of Gen AI
Technology and self-sufficiency matter more than growth and profits
Fifty years ago, Friedrich Hayek was a controversial awardee of the economics Nobel prize. Was he primarily an economist or a political philosopher? It’s a discussion that continues to this day, but there’s no doubt that no other economics Nobel winner has had such a pervasive influence on consequential politicians in the West
Weather-related demand disruptions, rising input costs that are not being passed on due to competition, a risk of sales growth and margins missing the target are some risks that have built up
The RBI governor in his MPC speech mentioned that non-banks to satisfy the expectations of their investors end up chasing high returns which in turn leads to high growth, not necessarily reflective of the real demand. The subtext is PE-led lenders can pose financial stability issues in pursuit of eye-popping returns. The way out may be to harmonise rules of ownership structures between banks and top-tier NBFCs
Some NBFCs have been pushing credit to customers beyond their borrowing capacity by imposing stiff performance targets on employees
Food and fuel are spoiling the case for rate cuts, again
In theory, rate cuts may be seen as good for equities but practical experience suggests a different outcome
The company plans to double its investments in the next 2-3 years
The menace of influence operations is more significant than privacy and platform governance issues because of the long-term and ‘unseen’ impact of the earlier. Liberal democracies are particularly susceptible to this menace
The run-up to the assembly elections was relatively quiet. But the problem is not over. There’s a larger game plan afoot to increase infiltration of terrorists by constantly testing India’s security grid. Compounding the challenge for security forces is the use of encrypted Chinese equipment for communication between terrorists on the ground and their Pakistan-based handlers
Driven by a fire in his belly, he first took on the group’s legendary satraps and overcame them to bring a more coherent strategic approach that led to seeking opportunities everywhere. There were audacious experiments and purchases, not all of which succeeded. His appetite for risk was in sync with the environment created by India’s economic liberalisation when he took over the Tata Group
Industrialist who led the Tata conglomerate’s acquisition of Jaguar Land Rover and UK steel plants, with mixed results
The swings between Democratic and Republican presidents weren’t so wild in America’s heyday
While growing more oilseeds is one part of the solution to reducing import dependence, lowering consumption is another one that deserves to be explored as well
The scope of the India-US partnership on critical minerals has to be widened to counter the dominance of China
