How OLX is reshaping CarTrade Tech’s growth outlook
After the closure of OLX car trading platform, CarTrade Tech is left with the classifieds business, the largest such platform in India
Chart of the Day: India - Outsourcing capital of the world
With the transfer of information over the internet from one corner of the world to the other becoming super-fast and cheap, countless business opportunities started arriving at Indian shores
Remembering PRS Oberoi: A visionary who focussed on being the best
PRS Oberoi was proud of the hotels he built. He never compromised on trying to sign up a hundred hotels, his focus was always on quality over quantity. He started Make In India, 30 years ago, when it was not in vogue and made the whole world look at Indian hospitality as the best in the world
Is the commodity bull run facing a threat?
A host of commodities are in bear territory, which raises a question of what should investors or traders do in this market
Is this the end of Higher-for-longer?
The fall in inflation in the US confirms the view of investors that both inflation and interest rates are headed lower next year, leading to a rally in the bond and equity markets
Smallcap cycles: Simultaneously brilliant and vicious
Within the small-cap realm, relatively smaller market capitalisation companies have experienced higher average returns, along with a greater proportion of companies providing returns exceeding 100 percent
Listing in the US may boost European cement majors stock valuations
Suppliers of cement are set to be huge beneficiaries of Joe Biden’s $2 trillion investment splurge. Winners include several European giants: CRH, Holcim and Heidelberg – yet their shares are valued at a fraction of US peers. Listing shares in the US, as CRH did recently, might encourage investors to give them a second look
Why the Mediation Act 2023 is a great leap forward
Given India’s huge pendency of cases, mediation accords an opportunity to solve disputes before they become tangled in courtroom procedures, backlogs and systemic overheads. The delays affect both the individual and the state. Making mediation compulsory in all civil and commercial cases is the way to go
$266 trillion to combat climate change is a no-brainer
An estimated $266 trillion has to be invested between now and 2050 to limit and adapt to climate change. But even such huge numbers are pennies compared with the damage that will accumulate if we don’t make these investments. That could amount to $2.3 quadrillion by the end of the century
Crispr offers hope for a one-time cholesterol drug
Initial data from a human clinical trial suggests an experimental drug from Verve Therapeutics that uses gene editing to permanently lower cholesterol raises hopes that people can one day trade daily lipid-lowering pills for a one-time treatment
India needs faster trains to compete with China on exports
What has local train travel got to do with exports? Analysis suggests a strong link. A one-standard-deviation increase in geographic integration leads to a 4% rise in a firm’s export revenue, driven by a 5% reduction in the unit price of exported products and a 9% increase in export volume
AI race between nations and the spectre of digital imperialism
Any concentration of power may result in the extraction of data, resources and influence from less developed nations, perpetuating a form of digital colonialism
Unity, not division, could help evolve climate, biodiversity finance roadmap
The proposed Loss and Damage Fund to be delivered by the World Bank is welcome, but it should not be considered the only source of climate finance
This rare UN peacekeeping success offers model for Gaza
The transition force for Gaza should have a clear mandate to use weapons, include trained police, and its composition should be chosen carefully to ensure locals trust the peacekeepers they meet, while Israel can trust its overall commanders. This is hard but it can be done by the UN, because it has been done before
India’s NBFC sector: Connecting the last mile
The RBI has released a new annual report, called India Finance Report. This year’s theme is NBFCs, and the IFR focuses on NBFCs’ role in financial inclusion, rapid digitisation and emerging stresses in the sector
Moneycontrol Pro Panorama | Did Diwali make you choose wisely?
In this edition of Moneycontrol Pro Panorama: Rajasthan's voting history gives BJP edge, keeping promises on climate action, Biden-Xi need to work together on world affairs, demand for Indian workers in Taiwan and Israel, and more
It’s time for the CAG to undergo a performance audit
There is no political consensus yet to reform the institution and make it useful to democracy
Seeing climate injustice is easy. Fixing it is hard
Countries seemed to agree on a new “loss and damage” fund, to be hosted initially at the World Bank, that would compensate those suffering from the worst consequences of climate change. But political battles over who pays and who receives may give rise to even deeper resentments
China doesn’t have a solution for its methane problem
The best hope of reducing methane emissions at this point may simply be the rise of renewables and population decline translating into less coal being mined and fewer cows eaten. That’s not enough to put China anywhere near the path to net-zero
How Biden can be as successful as his party
His campaign should focus less on selling the Biden record to the progressive base and more on publicizing his more moderate policy achievements. If that provokes some dissention from the left, that may not be all bad either, as conflict drives coverage and awareness
COP 28: The difficulties in keeping promises on climate action
The first global stocktake on climate action is likely to show that the Paris Agreement promises have been missed by most— if not all — countries
Private equity faces a reckoning
The change in circumstances is dramatic after decades of triumphalist money making
What the IIP numbers say about consumption demand
The month-on-month rise in consumer durable production in September 2023 was 1.7 percent while consumer staples production fell by 3.5 percent
The Eastern Window: The Biden-Xi meet will decide if they can work together on world affairs
US President Joe Biden will try to persuade Chinese leader Xi Jinping to discourage Iran from possibly entering the Israel-Palestine war. But there is a limit to the extent he will succeed until the two powerful leaders sort out their own political differences
The case for export of Indian workers to Taiwan and Israel
As India’s workforce increases and the working age population of the developed world comes down, export of Indian labour will be a win-win situation for both India and the host nations
