India’s usage of coal is projected to rise by 8.4 percent in 2023, much higher than 1.4 percent growth for the world
It’s easy to see why US elites are tempted to stigmatise and banish the words that offend their preferred image of a still-dominant, liberal-democratic West. Those who remain indifferent to the irresistible momentum of decolonisation must each day find the world a disconcertingly more unfamiliar place
By 2030, a $1 billion quantum computer may be able to break RSA Laboratories’ widely used 2048 bit encryption. As the ChatGPT-induced revolution in generative artificial intelligence has shown, meaningful breakthroughs can elude a field for decades. But once they do occur, they can multiply at an overwhelming speed
The next battle, among private companies, promises to make satellites as cheap and accessible as an iPhone with off-the-shelf parts that survive just a few years
Creation of the Fund is a step forward in dealing with climate change problems but there is uncertainty around the nature of usage, amount needed and the frequency of contribution
The four shipping companies that have decided to divert traffic temporarily from the Red Sea are MSC, CMA CGM, Hapag Lloyd, and Maersk. Together these four companies account for 53 percent of global maritime trade.
The merger exercise of 2020 hasn’t arrested the market share contraction of public sector banks either. In FY20, PSBs accounted for 58 percent of the credit and held 62 percent of deposits which dropped to 54 percent share in credit and 59 percent of share in deposits by FY23.
The government of India’s skilling programmes have invariably focused on the low end of the technical skills spectrum
The trajectory of the COP28 negotiations from “phase out” to “transition away” highlighted how word crafting and linguistic acrobatics took priority over science and human impact. What needs to be seen now is whether any concrete action on fossil fuels will follow
Oil marketing companies could soon face a double whammy with rising oil prices and falling finished goods prices
For a country that never dreamt of truly becoming a developed nation, it is understandable why some fail to grasp the scale of transformation happening in India, today. Statistics show the fortunes of Indians are changing for the better and changing fast
In today's edition of Moneycontrol Pro Panorama: China’s stimulus move not enough, Indian IT return as investor favourite, Indian pharma growth trends downwards, Mahua Moitra’s expulsion buries political hatchet, and more
The Green Revolution was an important intervention at a time when India needed cereal self-sufficiency. But the industrial agriculture that it gave birth to is proving disastrous for India’s farmers. The high input costs, supply gluts, erratic climate, etc are leading to falling farm incomes, debt traps and farmer suicides
Central bank is facing pressure to take an even more dovish stance
Investors have been flocking to small and mid-caps perceiving them as better opportunities but large companies seem better equipped to sustain growth
‘Zombie’ firms lose lifeline as increased borrowing costs compound withdrawal of pandemic-era support
The narrative of a soft landing and a peak in US interest rates has raised hopes of IT companies and their investors, and leading to revised hiring plans
Despite Mamata’s lacerating taunts for the Hindi heartland defeat, Congress’s Gandhi family and its Bengal leader Adhir Ranjan Chowdhury backed Mahua. So did arch-rivals, CPM. Both Mamata and Abhishek Banerjee are also with her, ensuring the faction-ridden Trinamool closed ranks. Expect a repeat of the outsider-targeting-Bengal’s-daughter card that Mamata played so effectively against BJP in 2021
After the legalistic niceties of environmental diplomacy, the dirtier business of political maneuvering is going to consume the world’s democracies over the next 12 months. In 2024, climate will be on the ballot in a way we’ve rarely seen
Next year, close to $25.6 billion of bank loans taken out by Hong Kong’s property developers will be due, and only 15% of them have been — or are close to being — refinanced. Whether banks will continue lending to the business elites has become a hot issue, as commercial real estate woes plague the world’s biggest cities
High volatility and inflated option premiums during the post-pandemic era presented good opportunities for day traders, particularly for vanilla strategies like straddles and strangles. Things are different now
China has taken some major steps like infusing massive funds in banks to kick-start the sluggish economy. But analysts say it may not be enough to encourage new investment
The US Flash Composite PMI for December is at a 5-month high, putting it at odds with Powell’s recent ultra-dovish message
A well-crafted strategy and improving world trade next year can be a double delight for India’s outbound merchandise shipments
The market grew by just 3.5 percent in November 2023. Lower price hikes and competition from generics are the main obstacles to higher growth