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
Hemant Soren’s choice of veteran Champai Soren as his replacement, while made under duress, could help the JMM-alliance in an election year. Champai’s elevation is a departure from the usual script of family-run parties, but BJP will fancy its chances in the upcoming elections, or even sooner
Policy rate cuts by global central banks seem visible over the medium term and well-managed duration funds like Dynamic bond funds, Banking & PSU debt funds can benefit
The government needs to address concerns of foreign investors by putting in a single window clearance system and improved contract implementation processes, all crucial to attracting more FDI funds
The Finance Minister has articulated her budget as a “humane” budget with fiscal consolidation as a primary consideration. A “beyond GDP” emphasis is welcome, incorporating the widening inequalities, climate change concerns and human capital formation
What deserves credit is that despite delivering the customary pre-election sops, the budget exercised restraint and did not lose sight of long-term value creation
Paytm’s debacle shows that fintechs cannot function like the Wild West anymore and claim to be above rules. Even so, there are some lessons for the regulator too here.
We had hoped that this year the budget will include, among other reforms, policy upgrades to classify investment trusts as an equity or equity-like instrument or allow us to participate in mainstream indices, but lack of any major update has left the sector disappointed.
At a time when private capex is expected to revive, the government’s commitment to cut its expenses will bode well for the cost of borrowing of the private sector.
The government has re-emphasized its commitment towards e-mobility, and has clearly articulated that it will be looking at supporting the manufacturing and charging infrastructure Shruti Saboo
