While no country disagrees with the danger of climate change, the problem is how one achieves the goal given the very different concerns, interests, and stages of economic development
The broking industry has got one more serious player with strong backing. Competition in the field will intensify as Mirae Asset aggressively pushes Sharekhan to justify its acquisition and improve its market share
According to a report from SBI Securities, the Indian retail jewellery market is anticipated to experience a Compound Annual Growth Rate (CAGR) of 15.4 percent from FY23 to FY27E.
If growth holds robustly for the next two months, then it would be reasonable to assume that the broader economy, powered by consumer demand, is accelerating onto a faster track
The elevation of Mohan Yadav as Madhya Pradesh chief minister is a psychological blow to the SP and RJD which took the Yadav vote for granted. Yadav’s appointment is also a fitting repartee to the flopped caste census pitch. The Yadav Vs Non-Yadav faultlines that BJP deftly exploited in UP and Bihar may be dropped for a dynasts versus the rest approach
Yarn spinners are in a rut with low realisations and spiralling costs squeezing profit margins
Apple may act on Elon Musk's invitation to a social media influencer dishing out a mix of chaotic and toxic misinformation and hatred to rejoin Twitter. Apple isn’t the internet, and its first obligation is to its users. X would still be accessible through a mobile browser on the open internet, and Apple has its own free speech right to do as it sees fit
The fees that Apple and Google take from app sales and in-app purchases have long been a significant sticking point that could never last indefinitely as the mobile app market matured. Currently, the fees generate around $200 billion a year for the companies — income they both say is fair compensation for maintaining and running the stores securely
The Saudis and other Arab countries have reason to bristle over Qatar’s success in taking the driver’s seat in the negotiations between Israel-US and Hamas for hostage release. Meanwhile, their peace campaign hasn’t found takers. Pursuing the two-state solution while Hamas continues to lord over Gaza remains a tricky proposition for Arab countries wary of the group
The Chicago Fed’s measure of financial conditions in the US is at its lowest level in a year, indicating substantial easing. Easing financial conditions work against the Fed’s attempt to tighten monetary policy
While the year-on-year IIP growth figures for October 2023 are very strong for all sectors, the same can’t be said for month-on-month growth
The monetary policy's focus remains on keeping inflation in check but how its sanguine outlook in three crucial areas plays out bears watching
More than 90 percent of retail investors end up losing money in the derivatives market. It highlights the need for participants to understand the risk and reward dynamics
The rise of Bhajanlal Sharma, a party apparatchik, with a reputation as a doughty campaigner for the BJP’s pet causes, completes BJP’s social engineering efforts in this poll cycle by elevating an upper caste leader after an OBC and a tribal CM in the two other poll bound states. It also paves the way for Vasundhara Raje’s eclipse. Their age allows the three new CMs to preside for the next decade in their respective states
Despite Congress high command’s unstinted backing for a nationwide caste census, the party’s own exercise in Karnataka has been kept under wraps for a long time for fear of backlash from dominant groups like Lingayats and Vokkaligas. Kharge’s criticism of DK Shivakumar mirrors this divide in the party and society
In today's edition of Moneycontrol Pro Panorama: GDP growth does not explain rise in unpaid helpers, global markets keenly await election year - 2024, understanding the digital creator economy, Article 370 verdict an ideological victory for BJP, and more
After JD(S) in Karnataka, it is the turn of BRS to bite the dust. Cut to a Lok Sabha poll where regional parties have lesser skin in the game, it will be the two national parties BJP and Congress that will dominate voters’ mindspace
The country should stimulate consumption with spending on education, healthcare and public housing
Last month’s total turnover of $78 trillion from futures and options on indexes and stocks trumped the $178 billion from shares changing hands on India’s National Stock Exchange by a multiple of 441. No other major market in the world is as lopsided
While the BJP can celebrate the judicial victory, the opposition has been left grappling for a proper response
Poor availability of charging is one of the main reasons potential EV buyers cite in holding them back from a purchase. Those consumer doubts, in turn, have encouraged a widening group of automakers to slow down their targets for going electric. This could become a vicious circle
EU’s AI Act is a decent, if slightly half-baked, start when it comes to regulating AI, and in the absence of anything similar this is a step in the right direction. The legislation will still rely on companies to audit themselves. There’s greater opportunity for researchers and regulators to probe where things are going wrong with AI companies' training data
While the unemployment rate has come down, the rise in the proportion of unpaid helpers and of workers in agriculture point to disguised unemployment
Although Glencore is exiting the coal business, coal as a source of energy will take a long time to die. Demand for coal has yet to peak and may take years.
Global climate finance flows are woefully inadequate to meet the challenges of the warming planet. There are climate-led business opportunities that can create jobs and sustainable growth. Facing the brunt of extreme weather phenomena, India must scale up renewables capacity and invest in sectors creating smart and sustainable solutions
