Has banking changed with technology disruptions, centuries of evolution?
The essence of banking remains anchored in timeless principles of prudence and trust. As we navigate the tumultuous waters of innovation, let us not lose sight of the enduring core of banking that has withstood the test of time
Cooling period for independent directors: Is there a loophole?
Government and regulators should be on the alert. A 3-year cooling period after two 5-year terms for independent directors will take place in 2024. But companies are searching for a way out by @JayantThakur
Free market or investor protection, what will serve India’s F&O traders better?
A growing tribe of retail traders has seen India’s derivatives market turnover attain dizzying heights. Exchanges are giddy as revenues grow but the regulator is worried. Should the bubble be pricked or take its own course is the thorny question
MPC Meet: Why RBI is unlikely to change stance or interest rates
As this is the first meeting of a new financial year and with elections around the corner, the chances of rate or stance changes are unlikely. If there is any indication of a change in stance, it could also be an indication of rate cuts down the line
Green shoots in rural demand?
Taken together, recent news reports, higher rural wages, lower inflation and the fall in demand for work under MGNREGA could indicate the green shoots of a turnaround in rural consumption
Chart of the Day: Competition queers the pitch for policy transmission by banks
Since the RBI began its policy rate hikes in May 2022, the spread between the weighted average lending rate and the weighted average term deposit rate has fallen sharply, partly indicating that transmission has not been smooth
The US Fed is wrong about how low interest rates will go
This time around, the market has it right. The federal funds rate will probably stay a lot higher than what officials are projecting
Moneycontrol Pro Panorama | Rising oil prices will be a headache for the MPC
In this edition of Moneycontrol Pro Panorama: South Asia's 'Jobless Development' becoming a problem, the hunt for critical minerals gets daunting, rise in informal employment concerning, turncoats in Odisha have struck the jackpot, and more
American exceptionalism on display in the bond market
The divergence between key fixed-income benchmarks shows the US economy is on a healthier endogenous growth path compared with Europe
Rupee exhibits signs of stability, here are some factors contributing to it
In the last two quarters of this financial year, the rupee-dollar exchange rate stabilised at around Rs 83.0 per dollar it has happened mainly due to narrowing down of deficit on current account resulting from significant increase in exports of goods and services and trend towards de dollarisation
Final Composite PMI for March even better than the advance estimate
The March final PMI data will tell the Monetary Policy Committee that growth is not only strong, but momentum is increasing, while price pressures in services are rising
Diverging inflation raises prospect of rate cuts by ECB before Fed
Consumer prices edge tantalisingly close to target in eurozone but exceed forecasts in US
How you can avoid getting lost in the land of the Titans
The siren song of the megacaps can send stockpickers in the wrong direction
Modi must create more factory jobs for India to grow
Talk of finding a new development model is bunk. Only export-led manufacturing can provide the millions of jobs the country needs
Chart of the Day: Low capacity utilisation may not support cement price hikes
The recent spike in cement prices augurs well for manufacturers, but sluggish demand may play spoilsport in sustaining higher prices
The hunt for critical minerals — A daunting drill
Lukewarm response from bidders to the first round auction of critical minerals underlines the need for a pragmatic policy approach
Share of informal employment is rising, it's a worrying trend
The percentage of workers in the non-agriculture sector working in informal enterprises has been continuously rising since 2017-18, according to the government’s PLFS data
What will JSW Energy look like after mammoth QIP?
The Rs 5,000-crore funds infusion vastly raises investment capabilities of the company
South Asia has a 'Jobless Development' problem, says World Bank
The World Bank says South Asia’s employment ratio is lower than that of other developing regions because of two primary reasons---low employment ratios for women and lack of jobs in the non-agriculture sectors
US: Biden's record jobs boom power swing state of Georgia
The truism among historians that presidents can't take credit for the economy is belied by evidence that this administration’s policies are an unrivaled employment juggernaut
ECB should put rate cuts on this month’s agenda
Waiting until June risks seeing the euro-zone economy deteriorate further
Lok Sabha Polls: Party hoppers have a field day in Odisha ahead of elections
The poll bugle has been rung and the parties have been scrambling to name their winning candidates. Odisha is also preparing for the Assembly elections and it’s open season for everyone, especially party hoppers who are having a field day
Moneycontrol Pro Panorama | A death knell for India’s forex derivative market
In this edition of Moneycontrol Pro Panorama: India’s oil strategy at mercy of geopolitics, decoding the surge in gold prices, solar panel manufacturers face the heat, MPC likely to keep the bank rates intact, and more
For all its faults, democracy is still better than autocracy
All the evidence shows that despotism cannot consistently deliver the economic goods for developing countries
Larry Fink’s faith in the power of markets needs some tempering
Markets can be corrupted and are not fail-safe alone
