For decades now investors have pored over Warren Buffett’s annual letter to shareholders, hoping to soak up whatever wisdom they can from the business icon. Every year Buffett uses the letter to muse on economic cycles, as well as the perennial investing principles that have powered Berkshire Hathaway Inc. into an enterprise valued at almost $1 trillion
Clarity is required for tax exemption claims by sovereign wealth funds and pension funds under section 10(23)(FE) of the Income Tax Act, 1961, especially for investments made between April 1,2024, and March 31, 2025
The reason for the agitation by Punjab’s farmers is a desire to reduce area under paddy but still earn similar income from other crops Siraj Hussain and Kriti Khurana
The small-cap index is trading at 31.52 per cent above the long-term average, indicating the need for extreme caution
Not only is there a dependency on China across key sectors that are fundamental to the growth of the Indian economy, but there’s also an underlying dependency across component supply chains
A lower pace of supply in the office market along with improving occupancy levels and lease rentals augurs well for REIT unit holders
The Indian power system is in a bind. The overcharged section of consumers have reason to switch to solar to cut costs. But state monopoly in distribution tries to prevent their exodus, to preserve revenues. The Suryodaya Yojana promoting rooftop solar is coming amid this delicate scenario. Subsidy on the final consumer cannot be eliminated but the subsidy regime should be made transparent
The top 5 percent of the urban population accounted for 21.7 percent of the increase in urban consumption between 2011-12 and 2022-23, a category that is driving demand for premium goods and services
One of the most frustrating features of today’s Wall Street is the surfeit of homogenous research that says a lot without saying very much at all. The majority of sell-side equity strategists tend to offer relatively predictable calls — typically within 5-10% of the median — and only change their views when the rest of the herd does as well, often when market moves leave little choice
A provisional deal to compile rules for certifying carbon-removal credits — the Carbon Removal Certification Framework (CRCF) — is the first time there is a policy which clearly defines quality carbon removal and seeks to quantify it. The Green Claims Directive seeks to stop greenwashing; companies must get approval for any environmental marketing claims before using them. Lawbreakers may face fines of at least at 4 percent of their annual turnover
Goldman is not alone in trading at a substantially lower price-earnings ratio than the broader S&P 500 Index: All investment banks generate unpredictable profits, juggle tensions between how shareholders and employees divvy up earnings, and endure regulatory whims over how much capital they must retain
In today's edition of Moneycontrol Pro Panorama: The new Telecom Act needs to address surveillance concerns, skillful trading is a mind game, energy sector gets a major boost, clearer green energy rules a must, and more
The average for the most well-off 5 percent in urban areas still falls short of Rs 21,000. One percent of India’s population is 14 million. A consuming class of 2 percent of the population would be roughly as large as Belgium and the Netherlands put together. Indians shouldn’t be happy with the statistical reduction in poverty. Growth in industrial demand and a mass market depend on growing purchasing power with the masses. A growth strategy, with special focus on education, making India’s youth employable and generating income at a high level of productivity, is needed
The country’s top-10 listed operators by value are on track to have amassed combined net income of $313bn in the first three years of the Biden administration, up from $112bn during the same period under Donald Trump
For India Inc, overall, the data seems to hold out some hope. The surge in non-food spending of rural households, especially under durables, services, travel, transportation and the shift away from cereals to pricier items and processed foods should be encouraging news for industry and manufacturing
A new estimate finds that the worldwide value of all open-source software is about $8.8 trillion. To place that in perspective, about $3.4 trillion was spent on commercial software globally in 2020. The $8.8 trillion figure is more than double the current GDP of India at current market exchange rates. It’s almost triple the latest market capitalizations of Apple and Microsoft
RSSFACTS: The Shakha has produced millions of volunteers, thousands of full-time workers who have dedicated their lives for the organisation and the cause. A ‘Shakha’ is the backbone of the RSS
The economy needs development projects to keep the growth momentum going, but this should not come at the cost of the environment
Having been taught to mistrust our bodies, to mistrust our intuition, to mistrust any information that is not analytical, we are now cut off from the feminine core of our intelligence—the belly brain. Instead, we live, think, feel, and experience from a head-based, masculine perspective, which is hugely distorting
Mind over matter gives a crucial edge even in trading. How champion swimmers and F1 drivers train their mind is how a top trader must too
As per IEA, India is estimated to add additional electricity demand equivalent to the current consumption of the United Kingdom over the next three years
The Telecommunications Act, 2023, is a part of larger slew of measures to modernise and update the digital and communications industry, but it is essential that the concerns on government surveillance and interception be given due attention
While fresh power capacity addition is essential, close monitoring and efficient execution of projects under implementation are a must to help in a just energy transition
We have a picture of the average Indian consumer grabbing a carton of milk in the morning before riding long distances to work, gorging on vada pav and snacks for lunch, washed down with a cold drink, dropping in to buy a toaster or microwave on the way back to her hovel, and ordering cooked meals for dinner while carefully avoiding the dal and vegetables and putting up her feet while knocking back a peg or two of the local hooch
India and Brazil have heavily invested in digital technologies to accelerate financial inclusion. The success of UPI and Pix hinges on fundamental factors like smartphone ownership, bank accounts, and internet access
