No good is likely to come of concessions tailored for a single company, no matter how successful or high-profile. A policy designed specifically to suit Tesla’s needs — say, by agreeing to the company’s preferred timeline and tariff structure, or subsidizing “superchargers” rather than battery swapping — may not help competitors much
Myanmar's insurgent groups are pushing away government soldiers from key military points including some near the Indian border. As Myanmar's military junta comes under terrible pressure, China is trying to use the opportunity to grow its influence. India needs to watch the Chinese moves very carefully
Household savings as a percentage of GDP plunged to 5.1 percent in FY23, the lowest in nearly half a century. A sustained fall in savings rate does not bode well for India’s growth
The saffron party has bagged 3 out of the 4 large states and poured cold water all over what was to be Congress’s coming out party before 2024
Though the market reaction to state elections is usually short-lived, three wins give a strong underlying message. Structural factors support a near-term rally as well
With two more states of Rajasthan and Chhattisgarh added to its double engine team of governments that already includes MP, UP, Uttarakhand, Gujarat, Maharashtra, Assam, Tripura and Manipur, the BJP will be able to sell its development and welfare agenda with even greater vigour
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
For the first time since the annual United Nations Climate Change Conference began 28 years ago, G77 will meet at the level of heads of state or government on December 2 as part of an ongoing Conference of the Parties of the UN Framework Convention on Climate Change, better known worldwide as COP28
In today's edition of Moneycontrol Pro Panorama: EV push gains momentum in India, weakening US yields good news for investors, ESG factors power energy investment decisions, GDP upside may not sustain, and more
Developing countries are falling behind in meeting renewable energy targets. They are also struggling with disruptions in energy supply. The developed world providing incentives to their domestic energy industry will further drive climate finance flows away from the Global South. India must use its credibility in pursuing green actions to speak up against climate iniquities
While restrictions on the export of rice continue, the government is permitting certain quantities to be exported on diplomatic considerations. These relaxations from export restrictions are decided by the ministry of external affairs in consultation with the ministry of food and public distribution
The 198 states attending the UN climate conference face a Tower of Babel in their attempts to hammer out a common agreement. The most prominent is the schism between the developed world bloc and China, collectively the biggest emitters. There is a culture clash between both sides on the ambitiousness of their green commitments which need urgent resolution
It used to be that Goa hotels would fill rooms one year in advance with Russian tour groups at deep discounts. Now they don’t need to. Plenty of domestic travelers are queuing up to book one week ahead. While that’s a testament to rising prosperity, surely it’s also a signal to build new capacity
Internal equity valuation of $19bn in October would be vastly lower today
In terms of revenue and profits, the Cybertruck looks like a non-event on the former and likely a drag on the latter, at least in the near term. Musk himself was downbeat on its prospects on the last earnings call. But as an exercise in publicity, it probably helps Musk to keep Tesla at the centre of the debate about the future of vehicles
India, it would seem, has got its strategy of pushing sales of 2- and 3-wheelers and increasingly public buses, right
While falling US yields and widening yield spreads favour all emerging assets, the Indian economy’s sustained resilience has played a crucial role in attracting flows
Charlie Munger’s mental models are often discussed, but not his real-life models - the eminent dead and the living exemplars whose lives he studied so as to seek out what to emulate and what to avoid
Diversifying portfolios to include sustainable energy assets presents an excellent opportunity for investors to align their financial goals with positive environmental and social impact
Notwithstanding the higher-than-expected GDP print for Q2 FY2024, we are apprehensive that growth will ease to around 5 percent in H2 FY2024. The base effect will continue to optically moderate growth in some sectors
Headline GDP growth could slow in the second half but the momentum may sustain, putting the growth for full year around 6.5-6.8 percent comfortably. Global headwinds remain the biggest downside factor
It is surprising that galloping retail loan growth has not translated to a reasonable growth in private consumption
Most global companies indicate continuing destocking pressures
Despite each news channel presenting different numbers for the contesting parties, a common thread emerges: the Congress is poised to return to power. However, considering the varying margins shown and the potential for errors acknowledged by surveying agencies, don't rule out the BJP yet
Greater factory output, in normal circumstances, should indicate greater demand for goods at an aggregate level. Production and consumption of intermediates—cement and steel—appear to corroborate this. This would broadly imply greater construction activity, which is showing up in the national income numbers.
