IMF forecasts India will become fourth-largest economy by 2025, third by 2027
India has improved its per capita GDP ranking from 153 in 2018 to 144 in 2023, going past the Republic of Congo, Ghana, Kenya, Cambodia and the Lao People’s Democratic Republic. By 2029, it is forecast to overtake Uzbekistan, Papua New Guinea and Angola
Chart of the Day: Sluggish volumes in domestic market should worry pharma investors
Volumes contributed just 0.7 percentage points of the 7.6 percent growth of Indian pharmaceutical market in FY24
The dollar is back! Should the rupee brace for more record lows?
Investors believe that the RBI would manage the Indian rupee’s depreciation and record lows have begun to matter less as they seem to be by design and not by surprise.
Ruchir Sharma: The overstimulated superpower
One overlooked reason for US resilience is stimulus still coursing through the economy
Is the US really working for de-escalation in the Middle East?
The US is siding with Israel in the conflict with Iran. The US has also blocked the move for statehood of Palestine. Arab states like Saudi Arabia do not support Iran. This is making it easy for the US to isolate Iran and Palestine
Indian IT learns to do more with less
The fall in headcount and buoyant financials indicate that the industry leaders are moving on to higher value addition with lower level coding and systems maintenance work becoming increasingly automated
Will Bajaj Auto’s product fix help sustain rich valuations?
The auto maker is firing on all cylinders, but concerns on its ability to sustain domestic sales growth, exports and rise in costs remain
Chart of the Day | How do commodity markets adjust to shocks?
The concentration of production and consumption seen in commodities make them prone to shocks, sector or country-specific but increasingly macro factors too
‘Antyodaya' goes much beyond welfare economics, it's about an alternative development model
Sanghnomics: It is time to establish a body of knowledge around Antyodaya that can become the guiding framework of this nation and catapult Bharat into an altogether different growth trajectory
A slow unwinding of COVID excesses at Wipro, Infosys
Annual profit margins remain below pre-pandemic years despite the recent improvement
What the IMF forecasts say about India’s economic growth
The forecasts show tepid growth in investment as well as exports in the next few years
MPC minutes: The many reasons for not cutting rates
Spikes in food inflation and geopolitical and financial uncertainty are holding back the MPC from cutting the policy rate
India's promising future!
In 2019, there were 8,054 candidates representing 673 parties. Parties and candidates spent an estimated USD 8.7 billion to woo more than 900 million eligible voters.
The Reading List: April 19, 2024
Concentrated power at the top of businesses remains a red flag
There remains a logic to separating functions of chair and chief executive
How to deal with rising inequality without appearing anti-wealthy
Piling more taxes on the rich would disincentivise savings in a country like India. Also, the top income tax rate, including cess and surcharge, is already too high at 40 percent. How then can the government check inequality of income and wealth without being 'anti-business and anti-rich'?
The tax twists that emerge on disgorgement of illegitimate profits
When SEBI punishes wrongdoers by asking them to disgorge illegal gains, it raises an important issue of treatment of income tax on these gains as well
Digital deception can cloud India's financial skyline
Financial institutions must invest in tried and tested cybersecurity frameworks, encompassing user education campaigns and sophisticated detection systems for deepfakes
For Indian fliers, it's back to the era of steep fares, limited flight options
Grounding of aircraft due to maintenance, pilot unavailability, shoddy planning are some of the aviation sector’s problems that threaten to continue and bother passengers
Despite tall poll promises, health for all remains a distant dream
While parties give the mandatory nod to imperatives such as healthcare while campaigning, much needs to be done to make quality healthcare easily accessible
IndiGo's market-share steady in Q4 despite grounding of aircraft
The company’s market share in India remained steady at around 60 percent in January-March 2024
How to add mojo to India’s goods exports?
Short- and long-term steps can help India’s merchandise exports tackle the current global economic flux and up their share in world trade
US rate cuts look like a distant dream, India’s stock markets face a tough time ahead
Market conditions point to the risk of near term corrections but if that plays out then it may prove to be an opportunity for long term investors
Lok Sabha elections: What to watch out for in first phase of polling?
The first phase is going to witness an interesting contest between the two main alliances, the BJP-led NDA and the Congress-led INDIA alliance. Who is in the poll fray and what do the past showing reflect? Read on
Chart of the Day: Climate bonds are not as red hot as the weather is
Climate financing has become broad based as niche areas such as water management and waste management have begun to get more funding. Even so, the lion’s share of proceeds from such bonds went towards the energy sector, followed by construction and transport
