Chart of the Day: Mankind Pharma’s focus on chronic therapy drugs is yielding growth benefits
The company’s domestic business continues to grow at a faster pace than the India pharmaceutical market
When trading in commodities, learn to think out of the box
While conventional sources of information have their place in analysing price trends, unconventional sources can prove to be equally useful
For a healthy Indian economy, reforms in public healthcare delivery are a must
The interim budget has enhanced coverage of Ayushman Bharat insurance, promised more allocation to public healthcare. But the resource crunch could still persist and many more policy changes are needed to make India healthy
Does the consumption of the poor really matter?
Overall growth in private consumption has been strong even in years that saw a shrinkage in real rural wages
Marketing Musings: A tale of two fests
While book fairs such as the Kolkata Book Fair are a marketplace, modern Litfests, like the Jaipur Literary Festival, provide a marketing platform for authors and publishers
Take a bow Madam Finance Minister and team North Block for a responsible Budget
Our interviews with North Block mandarins show that the central principle on which the Budget was framed was returning to normal deficits as the economy returned to a normal pace of growth
Biden and Democrats need a new strategy to win back Black voters
Invocations of Black pain aren't quite landing, particularly if they aren’t coupled with examples of Black power and progress. The threat of white supremacy and the specter of Trump’s racism also don’t quite resonate. If you live with the daily reality of racism, what’s the threat?
Declining US-India goods trade calls for diversifying the trade basket
Hitting the $500 billion trade target will be difficult with over-reliance on a handful of sectors for the bulk of our trade. India must roll back tariff increases, reduce local manufacturing mandates, and ease price controls that hinder trade, while the US must re-authorise the Generalized System of Preferences (GSP) programme and review tariffs on Indian steel and alumnium imports
Turkey is becoming investible again
After years of political interference in its monetary policy, a collapse in the Turkish lira's value over the past five years and a soaring inflation rate, there are promising signs that orthodox financial policies are back in place
Why banks and airlines love rewards cards more than you do
Those who get the best outcome from reward are high-earners with strong credit scores who use their cards a lot but clear their balance every month and so pay minimal interest. But rewards cards are profitable for banks through swipe fees and businesses that run the loyalty programmes
Club Football: The beautiful game belongs to the accountants now
The Premier League’s Profitability and Sustainability Rules attempts to limit the destabilizing effect of super-rich owners, and they restrict clubs to losing a maximum of £105 million ($133 million) over three years. The result has been a scramble to ensure compliance while still spending enough to remain competitive, which in turn has elevated the importance of clubs’ accounting policies
Moneycontrol Pro Panorama | A new 800-pound gorilla eyes the Street
In this edition of Moneycontrol Pro Panorama: Budget highlights government’s spending priorities, China ready to take over as biggest auto exporter, Actor Vijay's political debut causes a stir, and more
How Budget 2024 embraces the Indian revolution in renewable energy
India’s journey in renewable energy is full of challenges like land acquisition, grid integration, and financial constraints. The interim budget positions India to boost its renewable energy ambitions through strategic support
The financier turning China’s noodle joints and karaoke bars into a data goldmine
Micro Connect is packaging revenues from small businesses into tradeable instruments but critics say the risks are high
Karnataka’s plan to fix prices for Uber-Ola cabs is going to boomerang badly
Prices act as an incentive and as a signal. If price controls were bad enough in distorting the market mechanism, fixing prices is many shades worse. There will be shortages and excesses in the market as price signals no longer work. There is no incentive for drivers to go through peak hour traffic or unfavourable weather conditions when the compensation is the same as in normal conditions
UPL gets stuck in a global maelstrom of inventory overload in chemicals sector
The business is expected to normalise only from July-September (Q2 FY25) onwards
Saare Jahaan Se Achcha, PMI Hamara
While growth has picked up, that hasn’t been accompanied by higher selling price inflation. That should provide comfort to the RBI’s Monetary Policy Committee at its meeting this week
When Lionel Messi disappointed a Hong Kong desperate for good cheer
Messi’s no-play is rubbing salt into the wounds of a wealthy financial centre that has been taken for granted again and again. The city got a second draconian national security law, and is losing its place in the global mindspace at a fast clip
Tamil Nadu: Actor Vijay's foray into politics — Whose cart will be upturned?
Vijay’s success in the crowded Tamil Nadu political field rests on whether he will be able to pull enough voters away from all the existing players to become a viable entity. He is counting heavily on the popularity of his films and his on-screen image among the youth
RBI’s action against Paytm hurts Buy-Now-Pay-Later ecosystem
RBI’s invoking of Section 35A despite depositor’s savings not being as much at risk, as this was a payment bank, raises the question of whether a one-size-fits-all approach is appropriate. The Buy-Now-Pay-Later model evolved by FinTechs have great potential, and this calls for a new regulatory category
Stockology | Unabated selling may be triggered in Nifty at 22,390 and 20,870
The automobile sector could be the best to trade, and the following are real estate and cement. BTST (buy today, sell tomorrow) is highly recommended.
The Eastern Window: China ready to challenge Japan to become the world’s biggest auto exporter
Japan’s position as the world’s biggest auto exporter is being seriously challenged by China which has achieved a sharp increase in exports. Two important reasons, the Ukraine war and the growth in New Energy Vehicles, are helping China’s quest for the No. 1 slot
SBI needs staff to roll up its sleeves to lift shareholder returns
SBI’s willingness to dole out pensions at enviable rates is a good strategy to attract future talent, but it pinches if the wage bill is added. The only way to not hurt profit is to generate more income per employee
PMSY -- Will rooftop solar be third-time lucky?
Financial incentives are not the only determining factor for the progress of the rooftop solar scheme in the country
What budget allocations tell us about the government’s spending priorities
There has been a decisive shift in favour of infrastructure building and capex, instead of emphasis on social sectors and subsidies during the UPA years
