India’s journey in renewable energy is full of challenges like land acquisition, grid integration, and financial constraints. The interim budget positions India to boost its renewable energy ambitions through strategic support
Micro Connect is packaging revenues from small businesses into tradeable instruments but critics say the risks are high
Prices act as an incentive and as a signal. If price controls were bad enough in distorting the market mechanism, fixing prices is many shades worse. There will be shortages and excesses in the market as price signals no longer work. There is no incentive for drivers to go through peak hour traffic or unfavourable weather conditions when the compensation is the same as in normal conditions
The business is expected to normalise only from July-September (Q2 FY25) onwards
While growth has picked up, that hasn’t been accompanied by higher selling price inflation. That should provide comfort to the RBI’s Monetary Policy Committee at its meeting this week
Messi’s no-play is rubbing salt into the wounds of a wealthy financial centre that has been taken for granted again and again. The city got a second draconian national security law, and is losing its place in the global mindspace at a fast clip
Vijay’s success in the crowded Tamil Nadu political field rests on whether he will be able to pull enough voters away from all the existing players to become a viable entity. He is counting heavily on the popularity of his films and his on-screen image among the youth
RBI’s invoking of Section 35A despite depositor’s savings not being as much at risk, as this was a payment bank, raises the question of whether a one-size-fits-all approach is appropriate. The Buy-Now-Pay-Later model evolved by FinTechs have great potential, and this calls for a new regulatory category
The automobile sector could be the best to trade, and the following are real estate and cement. BTST (buy today, sell tomorrow) is highly recommended.
Japan’s position as the world’s biggest auto exporter is being seriously challenged by China which has achieved a sharp increase in exports. Two important reasons, the Ukraine war and the growth in New Energy Vehicles, are helping China’s quest for the No. 1 slot
SBI’s willingness to dole out pensions at enviable rates is a good strategy to attract future talent, but it pinches if the wage bill is added. The only way to not hurt profit is to generate more income per employee
Financial incentives are not the only determining factor for the progress of the rooftop solar scheme in the country
There has been a decisive shift in favour of infrastructure building and capex, instead of emphasis on social sectors and subsidies during the UPA years
Market salutes conservative Budget stance
India’s economic resurgence, amid the challenges posed by the pandemic, owes much to the Modi government’s ability to push through critical reforms that were previously stalled for lack of consensus.
Interim Budget exhibited fiscal discipline and intention to reverse deterioration of finances. It will be important to retain the positive momentum in the coming months, especially as the global growth environment enters a challenging phase
The focus on fiscal consolidation, supporting farm incomes, R&D, women and young entrepreneurs, and infrastructure development will stand India in good stead on its road to a Viksit Bharat by 2047
In this edition of Moneycontrol Pro Panorama: Mixed success for ITC, lessons from the Paytm debacle, can Jharkhand's new CM hold the JMM together, auto sales January data shows a mixed trend, and more
The FM has rightly chosen the path of fiscal consolidation, a very strong position to take in an election year. While the vote on account does stick largely to the convention of just staying in cruise control mode, it has made some bold statements of intentions and there are good enough reasons to be pleased with the outcome
FM Sitharaman’s speech has put the spotlight on entrepreneurs, startups and MSMEs. The Budget has stayed true to the promise of investments in infrastructure and growth taking India on course to become Viksit by 2047
Big ticket investments are actually happening and at a good pace. But with this focus on capex, the question remains whether continuing customer engagement, operations and maintenance are getting the attention they deserve
Bigger and more difficult choices need to be made as a new inflection point emerges in markets
The company’s transition journey, which started in earnest in 2017 with a strategy reset dubbed ITC Next with the objective of reducing dependence on tobacco in its overall portfolio, has been extremely successful
While there has been an increase in tax receipts as a percentage of GDP compared to pre-pandemic levels, higher levels of government spending are keeping the fiscal deficit high
As the demand for processed food rises steadily, Budget 2024 offers promising opportunities for the agriculture and food processing sectors. Implementation is going to be key
