Sanghnomics: The term ‘Hindu rate of growth’ was used to categorise Hindu society as historically laggard in the sphere of economic activities. It is still widely used but the stigma must be done away with as the country is on a path of decolonisation under the Narendra Modi government
While the bond market’s odds of a rate cut in the third quarter have improved, this can literally change to something very different with a single new future data point
There is no immediate escape from coal for India and many other countries, both developing and developed
By way of comparison, note that, amid a business slowdown, LTIMindtree is finding it difficult to achieve merger synergies
Investors seem to be betting that they will have the best of both worlds -- the markets will rally on stronger growth, but if growth disappoints, they will rally on rate cut hopes
Among sectoral indices, the Nifty Realty index jumped 2.76 percent. Among losers, Nifty PSU Bank index dropped 3.66 percent, Consumer durables, oil & gas lost 2.55 percent and 1.75 percent respectively.
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
The British petroleum giant is back in the Gulf of Mexico as the US gets stuck between the black stuff and going green
The decimation of Tesla’s Supercharger team is a blow to Biden’s electric-vehicle ambitions but won’t throttle them
The FMCG company’s sales growth in rural markets trending ahead of urban markets is in contrast to the rural slowdown story playing out in the sector
Fed is unlikely to get to its 2% inflation target unless it is willing to impose major damage on the economy
The regulatory woes may be transitory, but investors will want to see proof that its long-term potential under its new management is intact
A recent order by the capital market regulator shows reliance on the accounting regulator’s report. Company finance executives, audit committees and even boards should take note
The current landscape highlights a fintech's capacity for creativity and innovation, resonating with consumer preferences through novel engagement strategies and tailored financial services
While only one small finance bank meets all the criteria for conversion to universal bank in FY25, others may become eligible by FY26
The existence of an inheritance tax has not deterred wealth creation in the countries which have them. Take the UK, which has one of the highest estate duties on paper in the world. The 40 percent tax has not deterred wealth creation in the country
The top fund manager rules out any aggression in terms of rate cuts and sees rates at around these levels longer
Despite deposit rate hikes, growth in deposits hasn’t increased yet. While some banks believe that deposit rates may have reached a peak, perhaps a few more lenders may have to hike further to lure funds
Successful players employed a cluster-based expansion approach with a feet-on-street salesforce and by leveraging institutional clients for large and repeated orders
A Tesla investment announcement for India would have been exceedingly welcome but in the larger scheme of things, Musk choosing to rush to China while cancelling a long-planned trip to India is perhaps less important than most people realise
The amicable settlement between the branches of the Godrej family brings clarity for shareholders
China dominates by accounting for half of battery use in the energy sector. India is constrained despite fiscal support and decline in costs. Issues like land acquisition remain
After moderating in FY24, revenue growth rate on an annual basis is expected to inch up from 8 per cent in FY24 to 9-10 per cent in FY25
Ted Weschler and Todd Combs stand to take over a $354bn portfolio from the world’s best-known investor
While hospital chains are expanding capacity at a healthy rate, key growth drivers of pharma companies are showing signs of moderation