SBI has enough liquidity or excess SLR to fund its loan growth target for FY25
Every loan loss mandates banks to provide fully for such loans. In turn, this impacts profitability and capital. In the case of PSBs, the burden of capitalization falls on the government.
Keir Starmer needs to address the deeper causes of the unrest as well as punish the thugs doing the rioting
The tide is turning on food prices. Consumers can rejoice, but manufacturers and stores should worry
The economy is in much better condition now than it was a decade and a half ago, so a downturn is less scary
Between 1980 and 2000, Pakistan dominated bilateral clashes with India. Then, the economic tide turned with India pulling ahead. Along with it came more resources and attitudinal change. Result: India is an Olympic medal contender, while Pakistan isn’t there in Paris
The International Day of World’s Indigenous People, observed on August 9, is somewhat irrelevant for India as all Indians are considered indigenous. Instead, there's a lot of significance of India’s Janjatiya Gaurav Diwas which is celebrated on November 15
The International Energy Agency forecasts that the world will reach peak oil in 2029. Oil companies accuse it of playing climate politics
Over the past two decades, intellectual property (IP) securitisation has gained prominence in securing debt financing. India's IP financing ecosystem, though nascent, could benefit significantly from robust securitisation practices and legislative improvements, similar to initiatives in other economies
After the judgement, states have the ability to use empirical data to sub-divide quotas to reflect socio-economic disparities. The main implementation challenge lies in the political risks involved in undertaking such a redistribution exercise
The Japanese Yen is not the only concern troubling the market. Disappointing economic data from the US and the growing risk of further escalation in the Middle East compound the issues
India’s market capitalisation grew by fastest pace among major countries across the world in the last one year
Keep calm and take exposure to smaller lots during scary market movements as seen now
Incremental deposit growth has overtaken credit growth in recent months as banks went aggressive on deposit mobilisation and credit growth slowed following RBI action
Sheikh Hasina delivered economically but was undone by authoritarianism, corruption and nepotism. The flight of India’s steadfast ally creates uncertainty in the region
From the 1950s to 1970s, India was a Mecca for the global economics profession in search of the best path to development. Harris who spent time at the Delhi School of Economics was part of this group, jousting and collaborating with Indian economists.
The Waqf Act in India governs charitable Islamic endowments. Reforms, including the 1995 Act and 2013 amendments, aim to enhance management and prevent misuse. However, issues of mismanagement, corruption, and concentrated power persist, prompting calls for further reform
The question of whether we are experiencing post-pandemic normalisation or something more worrisome is still open
High-yield savings and caution over market volatility and economic sentiment have left up to $1.5tn out of the market
A revenue deficit can be seen as fiscal profligacy, where we continuously spend more than we earn and effectively borrow to repay the interest on earlier borrowings. On education and health India's spending is lower than even the sub-Saharan Africa average
Sanghnomics: It has been argued that the use of excessive amounts of sugar, salt (sodium) and saturated fats by the food processing industry may be the reason for a rise in diabetes, blood pressure, kidney and liver diseases. Appropriate laws and regulations could play a critical role in addressing pressing public health issues
A sharp fall in the global prices of cereals is good news but edible oils are up, with the FAO Food Price index declining in July. Domestic inflation in cereals wheat and rice has also softened
The average age of the CV fleet, which has surged to a record high of 10 years, is likely to fuel healthy replacement demand, albeit a few quarters away
The bloodbath in Bangladesh has challenged the stability of the Sheikh Hasina government. Though a regime change is a remote possibility, India should be ready for such a drastic development. It needs to empathise with the people to avoid the rise of an anti-India campaign
A country that has known nothing but easy money for a generation will have to adapt
