Within the space of under two years, the RBI has become pretty active in the market, vindicating the IMF’s stance that the rupee is not freely floating any more
During an impasse in Parliament when Vajpayee was leader of the Opposition, he wrote to Somnath Chatterjee, then the Speaker, that “…legislature’s proceedings can be smooth and constructive only if the presiding officer (speaker) is able to inspire as much confidence in the Opposition as he is able to do in the ruling parties. The stark reality is that this situation is totally absent in our House”
The real problem turns out to be receivables—the money owed to them for goods or services rendered, which had yet to be settled by their buyers. Also, GST refunds getting stuck. And big business – the principal buyer for products and services of MSMEs – was often the key culprit
The RBI’s risk weight increases and the recent clampdown on lenders’ linkages with AIFs will curb access to funding real estate and infrastructure. It remains to be seen if the move is wise when economic growth drivers are few
Hopefully, the Singhania family dispute will soon get resolved and Jindal will be cleared of the charges. But what happens in the interim? Should the two step down till such time as their personal issues are sorted?
From 2013 to 2018, Rajan “predicted” doom for the global economy at the rough rate of once a year. In 2015, he predicted a 1930s-style Great Depression. None of these came true. Perhaps his luck ran out
In a sense, 2024 will see Chief Justice of India DY Chandrachud commence his second innings in his two-year-term. Much like the keenly awaited same sex marriage and Article 370 verdicts this year, 2024 will see SC benches pronounce their rulings on electoral bonds, sedition and money bills
In the year 2024, the efforts of sovereigns in both advanced and emerging economies would be to contain a fiscal explosion. Governments across the world would be tested on their ability to keep fiscal costs under control
In this edition of Moneycontrol Pro Panorama: IT sector faces headwinds as clients cut spending, stable rupee set to gain in 2024, researchers warn against hasty rate cuts, 2023's turbulent geopolitics will spill over to next year, and more
As an ecosystem we have been adept at celebrating success stories but we are also learning to respect failure and the effort behind startup journeys which is the real crucible for long term sustainable growth
"They want this flight to be expedited, and they know the best party to ensure this is the one which brought them this far," Modi said exuding confidence.
Unique borrowers in the microfinance institutions rose by 15 percent, so did the average loan ticket size
Facilitating Tesla’s entry and extending current incentives to the industry can provide a big push to electric mobility in India
Everything is in the price and it is not as if the market is attractively valued to actively buy equity
A correction was long overdue, though the speed of the fall took everyone by surprise
The State of the Economy report underlines the fact that the objective of aligning inflation with the target on a durable basis is far from assured
The world’s fatigue with wars isn’t bringing an end to the Ukraine or Gaza war. As 2023 winds its way to an end, much rests on global economic recovery and growth in 2024, the outcome of the US presidential elections, and the next stage of AI progress after the rapid strides of generative AI this year
Accenture’s revenue growth decelerated despite steady order inflows
Holding a free and fair election was never a virtue of India’s eastern neighbour. But elections had never been as consistently farcical either. It would be of keen interest to know how the prevailing scenario in Dhaka had been helping and would help the Indian cause
The Tatas find themselves at a crossroads in their brand positioning, yet again, this time within the premium passenger air segment
Strengthening external sector metrics, benign oil prices, robust portfolio dollar flows, monetary easing indicators and an anchored inflation will all contribute to the rupee’s strength in 2024
The RBI’s measures towards evergreening look prudent and swift because of the access of in-depth data the regulator has from the lenders it regulates. But SEBI’s access to data is limited in AIFs, which is its shortcoming
In this edition of Moneycontrol Pro Panorama: IMF points to low productivity for India, unlisted companies sluggish performance dargs capex, credit and deposit growth gap set to narrow, road sector hits a speed bump, and more
A report titled “The Role of The Unlisted Corporate Sector in India’s Economy”, by Motilal Oswal economist Nikhil Gupta points out that while the listed part of the corporate sector has been going great guns, making huge profits and reducing its debt, the unlisted corporate sector hasn’t been doing so well
The world is interconnected as well as interdependent. This reality compels us to recognise that absolute agreement on all matters cannot be a prerequisite for collaboration, Modi said
