Efficient small finance banks need to become big
As much as small finance banks may be eager to acquire a universal banking licence, they must be wary of the varied terrain that lies ahead
The Eastern Window: Falling Yen, possible Yuan devaluation: What next?
World markets are anxiously watching the Japanese regulators and the US Federal Reserve as the Yen is falling continuously and there are signs of a possible devaluation of the Chinese Yuan. The question is whether it would affect broader markets and other countries, including India
IPL 2024, DC vs MI highlights: Mumbai Indians come close but valiant Varma innings not enough for win
DC vs MI IPL Live Score, Delhi Capitals vs Mumbai Indians Highlights: The Arun Jaitley stadium witnessed an epic clash between the Delhi Capitals and Mumbai Indians as the crowd were treated to a six-hitting masterclass by both teams. After being put in to bat first by MI, DC posed an imposing total of 257/4 riding on a blitzkrieg of an innings by Jake Fraser-McGurk, who hit 84 off just 27 balls. In response, Mumbai Indians came very close to the target of 258 but fell short by 11 runs as DC register back-to-back wins as they move up the table.
The Reading List: April 26, 2024
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
Fossil fuels could have been left in the dust 25 years ago
If only we’d followed Wright’s Law, solar tech could have been cheaper much sooner
This luxury Armageddon leaves investors spoilt for choice
Hermès’s revenue growth in high-margin leather goods shows why the group leads the luxury sector on valuation
India upholds climate justice as Constitutional Right, but more work needed
The Supreme Court’s ruling in India recognising the fundamental right to be free from adverse impacts of climate change holds significant positive implications
Wake-up call for independent directors after stiff penalty imposed by SEBI
Independent directors, tragically for corporate governance, seem unaware of the elaborate role expected of them and the risks they face
HDFC Bank’s Q4 Scorecard: What's in store for investors?
As the loan mix improves, loans are repriced, deposit growth rises, high-cost borrowings are retired, and cost of funds reduces, HDFC Bank’s NIM is expected to expand
Why India should not bank on industry to solve the EV charging problem
Comprehensive standards and mandatory requirements for interoperability should be put in place, along with data protection measures
Coming soon: Copper demand boom from EVs, renewables, AI and data centres
Copper demand will surge globally as electric vehicles, renewables and artificial intelligence data centres require the metal far more than the current industries
Old rules of succession planning in business families don’t apply anymore
Choosing a successor in an environment where market forces are ever changing is less about who can manage the business better and more about who can manage the unpredictable future better
Chart of the Day: Tightening regulation hasn’t dampened credit card growth
Tightening of rules, risk weight increases and even ban on select issuers has not derailed fresh credit card issuance and spends, which continue to grow.
BJP dominates battle of narratives as 88 seats vote in phase 2 of Lok Sabha polls
In the second phase of voting, the BJP is defending its 52 Lok Sabha seats won during the 2019 Lok Sabha election.
Moving towards the distant goal: Integrating gender equality to deliver the SDGs
According to a recent report, not a single SDG 5 (Gender Equality) indicator is at the “target met” or “almost met” level, reminding us of the uphill battle women and girls face globally.
Hold Hindustan Unilever; target of Rs 2350: ICICI Securities
ICICI Securities recommended hold rating on Hindustan Unilever with a target price of Rs 2350 in its research report dated April 25, 2024.
HUL’s going where the growth is, so are investors
HUL’s calibrated approach to achieving volume sales growth with an eye on maintaining profitability points to a long wait ahead for higher sales and earnings growth
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposal
Steamy market valuations call for alteration in longer-term strategy
As earnings growth recover, a value-focused strategy can benefit from higher earnings growth and re-rating of stocks. Timing is crucial in this strategy, for entry and exit
Indians are giving elections a miss in a hot summer
The change of election period to the summer months of April and May could be a key reason why voter turnout is becoming a sore point for the election commission
The questions raised by RBI's restrictions on Kotak Mahindra Bank
Business restrictions globally are used in extreme cases of malfeasance, fraud or questionable conduct of the entity. The RBI’s actions on Kotak Mahindra Bank may seem harsh in light of global practices.
Chart of the Day: Japanese firms eye India for business expansion
India’s manufacturing take off is at early stages and full benefit will be seen over 3-5 years
Start-up Street | Calling an end to the Funding Winter
After a lull, 1Q2024 marks the second consecutive quarter of improved venture capital investments, but the positive mood is yet to trickle down to early stage funding
How should India get ready to be B-READY?
The dossier to take part in the World Bank’s new business environment ranking should be prepared in such a way that it raises the welfare level of the country
Task cut out for Rallis India's new CEO
The new CEO will have to address the structural issue of subdued revenue growth and sagging profit margins
