Niti Aayog’s claim of a steep fall in poverty doesn’t pass the smell test
A change in the methodology of calculating poverty by using the global multidimensional poverty index methodology’s indicators and adding two more to it call into question the accuracy of these claims
Stockology: What do stars indicate for markets in holiday-shortened week?
Technically, 20630 is confirmed on the charts. The zone's weekly gap level of 20450 (not specific) will be filled very soon, before March 31, 2024.
DeSantis’ flameout should surprise no one
If DeSantis had any courage, he wouldn’t have used his withdrawal to criticize Haley for upholding the norms once embraced by the Republican Party.But he was so consumed by his own selfish ambitions that he ignored Trump’s assault on conventional norms
Contradictory diet advice is making healthy eating even harder
2024 might be an especially hard time to keep to a new diet because there are so many contradictory claims — and so little left on the menu that isn’t being vilified by someone with initials after their name
Europe’s migration plan deserves a chance to succeed
There are no quick fixes to the challenge of migration for wealthy countries. By combining deterrence measures with a stronger commitment to burden sharing, the EU’s migration and asylum pact offers the glimmers of a constructive path forward. Now it’s up to Europe’s leaders to follow through
A Temple For Ram: A strong symbol of unity finds his rightful place in the life of the nation
The common people never had any doubt that they own a rich civilisation. They saw the world through the Ramayana and Mahabharata. Unlike other gods and goddesses, people visualise Ram in blood and flesh. That’s a very strong visualisation for a god. And, that explains why there are 350 railway stations, thousands of towns, villages and neighbourhoods in Ram’s name
Euphoria of the Ram Mandir will continue till the Lok Sabha elections
The unprecedented manner in which the Ram Temple inauguration has been spotlighted has ensured that it will continue to dominate the popular discourse even after January 22. The dissemination of the Ram Mandir message by everyone from PM Modi to Youtubers to affiliates of the Sangh Parivar and BJP is sending strong messages to the grassroots of a cultural nationalism project that is on the ascendancy
Electric aircraft may have more potential than we thought
A startup Elysian Aircraft BV deserves credit for kicking the tires on some widely held views about electric aviation. The duopoly of Airbus and Boeing have made only fitful attempts to develop such vehicles
India’s IPO market is busy. It’s also broken
A study of IPOs since 2004 over a ten-year trading cycle reveal that they yielded negative returns for investors. Though it’s the regulator’s job to ensure that companies with reasonably solid prospects come to public markets and offer stock at a price that allows long-term wealth creation, SEBI's measures have proven too contentious
Ram Mandir will transform India into the manifestation of Ram Rajya
India is continuously evolving, working towards realising the true essence of Ram Rajya. Ram Mandir represents a tangible embodiment of the concept of Ram Rajya, serving as a perpetual reminder for governments and rulers to aspire toward achieving the ideals of justice and fairness.
ICICI Bank’s Q3 could reinstate investor faith in bank stocks
ICICI Bank’s net interest margin for the quarter stood at 4.43 percent, far superior to HDFC Bank’s 3.43 percent. The management has guided that margins for FY24 will remain similar to the previous financial year
Five takeaways from Reliance Industries’ Q3 results
Future growth in Reliance will be driven by digital and retail businesses, with the entire benefit of its capex flowing in over the next few quarters
The perils of investing in the world of one trade
Where US interest rates are headed will still be the biggest influence on investment performance
Budget Snapshot | Metals to ride capex, green transition wave in coming decade
Ferrous and non-ferrous metals are enjoying consistent and healthy demand on the back of a growing economy
From gloom to glory: How the market’s giant wheel turned in 2023
In 2023, US did not fall into a recession. The Federal Reserve hiked rates by a further 1 percentage point, sparking a phenomenal surge in the equity markets that left many financial pundits scratching their heads in disbelief. Plus, the Chinese market continued to plunge. The scorecard? Zero out of 4 to the consensus.
Budget 2024: Strategic recommendations that may move the needle
Government bond yields are likely to head lower in the next financial year mainly led by expectations of lower global policy rates, expected foreign inflows after global bond index inclusion and in-line government borrowings
India’s sovereign credit rating: We deserve much better
Our credit rating is just investment grade; there is a case for an upgrade
Hindustan Unilever: A tough road ahead to regain volume growth
Even after investing heavily behind its brands and sacrificing margins, HUL’s sales growth has not picked up pace
The Reading List: January 19, 2024
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
INDIA Bloc’s Dilemma: How many seats does Congress deserve in UP?
Congress’s days of glory are far behind it but the party can still prove to be a spoiler in a handful of seats as had happened to the SP-BSP alliance in 2019, if it is left out of a pre-poll alliance. Will that be the clinching factor ultimately deciding what the SP offers Congress?
The new multipolar world mimics the US at its worst
The US proved a very flawed global policeman, but the world has begun to normalise and multiply the very worst of its behaviours. In the brave new multipolar world, which so much of the planet wanted and the redistribution of technology and economic power made inevitable, we now have multiple agents of chaos
The European CEO Dilemma: Buy a US rival or be bought by one?
Buying a US counterpart using shares is a daring but tempting course for many non-US companies. Global clout depends on having a strong US presence. In many industries, the publicly traded US players command higher valuations
WEF: Davos fears AI and 2024 elections
As global leaders descended on Davos this week, many fretted about the World Economic Forum’s top risk for 2024: AI-generated misinformation. Though big tech attempts at curbing misinformation was lauded, leaders at the Swiss talking shop must remember how significant a role good old-fashioned social media still plays in disrupting elections and democracy itself
India-China Strategic Rivalry: Army handling LAC friction well. Focus on three larger arenas
Indian operational resilience, tactical acuity and agile responses along the LAC have had a sobering effect on any thoughts of adventurism on the part of the PLA. But the fate of the India-China rivalry will be determined elsewhere: In mastering AI and associated military applications, strengthening our military-technology ecosystem, and upgrading our naval capabilities
Moneycontrol Pro Panorama | Davos diaries and the Indian leap of faith
In today's edition of Moneycontrol Pro Panorama: Indians making investment changes as per tax resets, geopolitical risks will drive up oil prices, travel insurance to the rescue, sugar mills face another hit, and more
