Subjecting companies to an annual tax on their value would create an incentive to keep companies private, because the firm's value will be easier to manipulate. A tax on unrealised gains would probably lead to wealthy people keeping most of their wealth in privately owned assets. This reduces transparency and deprives others the chance to invest in growing companies
Musk’s brand value can only hold out for so long, and he may find himself tempted to partner with a big player like Google or Nvidia. Then he will not only have come full circle, but gone back on one of his biggest pledges for AI. That would hardly be shocking
New Delhi stays away from two declarations that aim to ratchet up global RE capacity and cut emissions
Start-ups need a sustainable competitive advantage that will yield repetitive economic gains. Building a moat is, perhaps, the best way to achieve that goal
UltraTech’s steps to ensure market leadership, timely expansion and ESG compliance should help sustain the stock’s premium valuations
Renewable energy capacity is seeing capex increase, but demand surge for power will warrant thermal capacity increase too
Predatory apps run circles around regulators, but digital activists make identifying and tracking these apps seem like child’s play. Working together, the two can curb their spread Srinath Sridharan & Anand V
In today's edition of Moneycontrol Pro Panorama: Indian rupee plays Christmas spoilsport, microfinance rides high on growth, Chinese economy still a global concern, COP28 needs more quantitative action, and more
Indian policymakers need to understand that the mere announcement of export curbs signals that there is a serious supply shortage. Further, frequent export curbs create complications for foreign buyers and make India an unreliable supplier
The US and Europe must do more to enforce the price cap on Russian oil and maintain pressure on the Kremlin
Easy money is crypto’s real speculative fuel, but there’s not so much of it around these days
Amid the unlikely Centre-Left alliance between Prachanda and Sher Bahadur Deuba, which has helped India and the US edge out China, a new political twist is the rising clamour for restoration of monarchy and a Hindu state. But Deuba is caught between India and the US, and their contrasting positions on secularism
The bullish case for gold appears to be stronger compared to the bearish one, as a number of factors are backing an uptrend in the yellow metal
The technology can help software development company expand the range of services clients buy
Diversity and inclusion laws governing workplaces have come a long way to provide equal opportunities, prevent sexual harassment and longer maternity leaves
Microfinance players have expanded by penetrating unexplored areas and fast-growing North, Central and West regions
China’s economy is facing its worst time for business confidence, both offshore and within borders. Xi Jinping’s hardline socialist approach is making businesses think twice before investing
Pharmaceutical companies, in need of assets to counter flagging sales, are making these so-called antibody-drug conjugates the technology of choice in oncology dealmaking. After decades of fits and starts, the science around designing and testing this class of drugs has finally coalesced
Alternative funds will continue to be the fastest-growing segment of India’s investment landscape. This growth was made possible by light-touch regulation: As conduits of foreign capital into the country, the industry has enjoyed a lot of latitude. But now that the local saver is getting entangled, expect an end to private funds’ freewheeling ways
What matters now is not more minutely discussed goals, commitments and pledges, but action. It’s encouraging that, for the first time, officials at this year’s conference will weigh the findings of a formal “global stocktake” on lack of progress. That ought to stifle any desire to say “so far, so good”
While easing core inflation gives reason to rejoice, what matters ultimately is the overall headline number. Food inflation is expected to give its share of trouble with farm output under a cloud
The RBI has been a player on both sides of the market and intervening as a seller and buyer depending on the situation. That said, the bias has been to soak up inflows into domestic markets, preventing an appreciation of the rupee.
How high do banks’ reserves need to be?
Roche is belatedly buying its way into the booming market for weight-loss treatments, with a $3 billion biotech deal
It’s too easy for managers to earn performance bonuses now that interest rates have risen
