Jay Powell & Co needn’t rush into a September cut
They are trying to limit the stock market frenzy by throwing sands in the wheels of stock market participation. Retail investors should listen and act on the growing concerns over high valuations and excesses of stock markets
The price band of INR 72-76 per share implies a valuation that is at a discount to the last investment made by Singapore-based Temasek in the company
While the Budget has addressed some broad economic issues, it may not materially impact the corporate earnings trajectory in the near term
In a sign of policy reversal, the government’s Economic Survey has argued in favour of attracting Chinese funds. What is driving this move other than the economic logic of using Chinese funds and machinery to improve the manufacturing sector? The government must consider the political and military implications of such a move
From an investor point of view, the exchange’s recent announcement to socialise losses is grossly unfair. The key question is why would customers pay the price of WazirX’s inability to safeguard investments?
‘A single source of truth’ on the affairs of a debtor can compress timelines in resolution. Information asymmetry leads to delay. Also, segregating insolvency court from the company court will result in shaper focus
Here's a list of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams for you catch up on the weekend
When food inflation is high and non-food inflation is low, cutting interest rates will first raise food prices that respond faster to demand side increases. The political response to impose export bans will reduce incentives to produce, thereby raising farm prices in the long run, and then headline inflation too
Heavy government expenditure and labour shortages have led to a sharp rise in real wages and consumption but the economy risks overheating
The Kargil War situation was complex, kinetic, and posed a national security challenge and it was dealt with restraint, resolve and transparency by the Vajpayee government. The Kargil war and its handling burnished India’s profile as a responsible nation
India's auto sector has received a major boost from the government's recent policies which focus on encouraging local manufacturing and lessening regulatory constraints
Why what we consider to be economic activity matters
The Budget for FY24-25 is a forward looking one and it lays down a comprehensive framework for fostering economic growth, with a clear focus on inclusivity and sustainability. Its effective implementation would significantly contribute to the realization of the Viksit Bharat agenda
The budget announcements should give a positive signal to foreign investors about India’s intent to provide a benign tax regime
Budget’s changes will help outbound funds set up in IFSC raising money from resident investors. But the changes could have a negative effect on NAVs of offshore FPIs
While F&O trading is attracting the attention of worried regulators, a sharp jump in the number of traders, with a high share of youth, in intraday cash market trading points to risks in a relatively unnoticed corner of the market
Smaller banks are struggling to stay afloat for different reasons. Many have shut shop, others remain as zombie banks.
Lowering duties ahead of the festival season will help improve demand, benefiting all stakeholders. For digital gold, lowering LTCG on gold funds or gold exchange-traded funds (ETFs) aims to realign the tax structure of various asset classes
Mankind Pharma is acquiring BSV at an enterprise value of Rs 13,630 crore. The last major acquisition it did was for Rs 1,872 crore.
The 8:1 judgement not just delivers closure to a long festering conflict, it can ease the fiscal landscape of most mineral-rich states that are among India’s poorer ones. But fragmentation in mineral taxation is the risk Gopal Mundhra
Special schemes have beefed up bank credit to MSMEs in the past
Regulatory data on proliferation of financial instruments to different income segments counters the claim that capital gains affects only the wealthy. Indexation benefits are determined by geography which makes a cookie cutter approach irrelevant. Tax payers need to be given a choice of method
The Economic Survey has said that deploying capital-intensive and energy-intensive AI is probably one of the last things a growing, lower-middle-income economy like India needs. But disruption by AI is inevitable—What needs to be done is to prepare for it immediately if the country is not to be left behind
Perhaps the most important climate-related provision in the Budget was the assurance to create a taxonomy for climate finance. By defining and categorising investments based on their impact on mitigating climate change, this opens up a host of activities and projects to potential funding from green capital
