India’s Gen Next in chess have finally emerged out of Viswanathan Anand’s towering shadow and are poised to make 2024 a very special year for the country. Success in chess is now attracting financial backing, the key milestone when a sport is seen to have arrived
In this edition of Moneycontrol Pro Panorama: This party could change the game in Maharashtra, how to spot a bull market, the need to create a global SME market, here's the finmin's view of the economy on eve of Budget, and more
If the budget addresses these key focus areas and GoI follows up with measures to improve ease of doing business and regulatory clarity, it would be good news for businesses in leading countries looking to relocate from China
Iran has managed to boost oil output despite American sanctions. It is possible Washington turned a blind eye on sanctions enforcement to negotiate a new nuclear deal. Or Biden wanted depressed oil prices for his domestic constituency and to hurt Putin’s ability to wage war against Ukraine. A third theory suggests Iran got smarter on bypassing sanctions
Identifying priority emerging clean energy technologies and laying thrust on research and development (R&D) would support India’s long-term energy transition journey and improve energy security
The US and EU are busy ‘de-risking’ from China but Beijing has its own plan for economic autonomy
History suggests stocks and indices dance to the tune of Budget policy announcements for a few days, but soon move on
Oberoi’s stuttering pre-sales in key large projects and deferred plans on a new one have raised concerns on near term growth
One scenario Biden must consider is that Iran, which until October 7 appeared to strive for a detente with the US, dreads a head-on confrontation and is trying to avoid it, but is finding that its sway over proxies is tenuous because these militias are pursuing their own agendas. A conventional war between the US and Iran would become a humanitarian disaster that could dwarf that in Gaza
In China, creditors are drowning in cheap central-bank cash, but loan demand is muted. In India, banks are in the middle of their fastest expansion in a decade, but they are parched for liquidity
In the US, the film's trailer has drawn comparisons with the John Wick franchise. But Patel’s new movie owes more to Bollywood than Hollywood. India will instinctively know Patel's name in the movie: Vijay. That name is associated with the character of a Bollywood staple, the “angry young man,” personified in the 1970s and 80s by the greatest of all Indian movie stars, Amitabh Bachchan
Indian policy for SMEs is broad brush and not specifically designed to enable manufacturing SMEs thrive. The government must build in incentives to help SMEs compete globally on products and also resolve some challenges
The cigarettes business that contributes to nearly 80 percent of profit suffered an erosion in margins during the quarter. If that continues, it could cast a shadow on its performance
Prakash Ambedkar and his outfit – the Vanchit Bahujan Aghadi – have become a force to reckon with in Maharashtra, much to the chagrin of Congress and NCP. VBA can dent the INDIA bloc without a seat-sharing arrangement
The Church’s desire to invest in the stock market helped create a tool that remains relevant to this date
The finance ministry's examination of the Indian economy signals robust health, indicating no necessity for an artificial fiscal stimulus as sustained brisk growth is expected
The growth in new loan acquisitions has always outstripped that of new customer acquisitions, implying that a large chunk of new loans is given to existing borrowers. In the October-December quarter, 61 percent of the new loans went to existing customers
If the “brain” of an AI tool lived within your own computer instead of routing back to someone else’s as happens with ChatGPT, the lack of privacy might not be as much of a problem. The great hope for making this happen is Apple
The first order of business is to increase the already high level of intelligence devoted to the Middle East. Next, US Cyber Command and the National Security Agency — working closely with their counterparts at the Central Intelligence Agency — should be prepping a significant cyberattack on Iran. The CIA could also ramp up efforts to create, fund and operationalise its own proxies against Iran
In today's edition of Moneycontrol Pro Panorama: India’s apparel exports target gets a massive blow, the real story behind behind the growth narrative, Nitish Kumar takes yet another palti, Jordan drone attack points to widening Gaza war, and more
Fuel taxes have five distinctive advantages for governments: They establish a direct link between road usage and payment; they collect lots of money; they are simple and cheap to manage; taxpayers largely accept them as fair; and finally, they are difficult to evade
It is unlikely that the INDIA bloc can now prevent another sweep by the BJP in 2024. But BJP will have a tough task keeping order within the NDA in Bihar
Voters are reacting to long-term problems, and looking for fresh fixes
The US is the only power that has consistently vetoed UN resolutions for a ceasefire in Gaza. Yet that may be the only way out as the war is slowly but surely escalating and the US risks getting sucked into another quagmire without an exit plan
What is needed is a holistic policy response which takes into account the end-to-end requirements of the apparel sector, rather than piecemeal responses to different challenges of different sets of players at different times
