There were widespread fears of capex being lower in the June 2024 quarter, on account of the general elections. So the rise in capex in the Q1 FY 25 GDP data is a reflection of the cyclical return of private capex after many years
The share of manufacturing in total GVA was higher in the June 2011, June 2014 and June 2019 quarters than in the June 2024 quarter
India’s real GDP growth moderated in the first quarter of 2024-25 as capital formation slowed down even as growth in private consumption, the largest component of GDP, picked up to its highest in seven quarters
A look at some articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams for your weekend read
Island leaders want to see allies that will address their priorities, such as climate
The wow factor might be fading, even if the underlying business is performing
Scaling up and effectively maintaining the database may not be viable in the long-run if ULI should perennially be dependent on government grants and support from the RBI. Without the financial and commercial elements etched out, the concept of ULI may just be remembered over time as an interesting and novel idea
Seeing multiple shocks as usual could end in disaster
India’s digital payments have surged nearly fivefold in six years, with over 40% of transactions now cashless. UPI leads this shift, empowering small businesses by removing geographic barriers and enhancing convenience. Government initiatives have also helped in driving the growth story
India’s fixed dose combination (FDC) problem is neither a new one, nor unknown to the regulators or the medical fraternity or the pharmaceutical industry. What’s missing is a concerted effort to eliminate bad actors
South Korean firms LG, Hyundai have cracked the code in India markets
Indians in smaller cities and towns are becoming more credit aware and ready to borrow.
While government employees are getting a better deal, the hit to government finances may turn out to be insignificant, under certain assumptions
The key risk, says Fitch, "is if this private investment cycle does not materialise as a result of subdued consumption, which would weigh on job creation and dampen potential benefits from India's demographic dividend"
JanDhan has opened 531.3 million accounts with Rs 2.3 trillion in deposits, enhancing financial access, particularly in rural areas. However, low average balances and minimal use of overdraft highlight that account access alone doesn’t fully address poverty, revealing gaps in financial well-being
RIL chairman Mukesh Ambani's speech focused on the company's adoption of cutting edge technology across businesses, especially AI
Global demand for critical minerals like lithium and cobalt is surging, driven by clean energy and semiconductor needs. India, aiming to become a tech hub, must address policy gaps and boost investment. Key measures include tax incentives, FDI reforms, strategic reserves, and international collaborations
Economies in Europe, Asia and emerging markets will all benefit as the Fed’s new interest-rate story takes hold
Lower interest rates may make landlords’ incomes more attractive just as lenders’ margins start to compress
If 120 per cent revenue growth cannot even keep Nvidia’s shares flat, it is a bit hard to see how the company and its big peers can continue to lead the market higher
Central banks bought 483 tonnes of the precious metal in the first half
Roger Federer’s tennis philosophy offers valuable lessons for value investing: success requires hard work, earned confidence, strategic preparation, and learning from losses. Federer’s wisdom highlights the dedication and resilience needed to excel in both fields
Popular anger against Mamata Banerjee over mishandling of the RG Kar Hospital tragedy was dissipated by two days of mayhem unleashed by BJP bandh and protest march. But TMC is not yet out of the woods
The QC market is expected to scale up seven times into a $40 billion business by 2030
Attrition rate at private sector banks has eased to 29 percent in FY24 from 36 percent in FY23
