BYD is close to overtaking Tesla, but Berkshire Hathaway had once warned it about car business
That two men of similar age and with no real background in automotive engineering could turn the global car market upside down says a lot about what’s needed to reinvent a product that has changed little in 100 years
PMLA needs an urgent review to make it less draconian
The money laundering law’s wide embrace has the potential to make it an obstacle in the ease of doing business in the country
Startup Street | AI and the road ahead for India’s startups
India’s GenAI market is projected to grow at a CAGR of 48 per cent between 2023 and 2030 making it a hot pursuit for startups and venture capitalists
Republican problems with voters are clear. Solutions are not
Republicans have had some real opportunities to move beyond him, but they haven’t done so yet and they may be stuck with him next year at this point, in part because a lot of Republican party actors now are strong Trump supporters
Radico Khaitan is extracting a good price for its premium drive
The stock is valued at 60 times estimated FY24 earnings, not significantly lower than United Spirits
How long will India’s SEZs play the waiting game?
Buzz on DESH Bill rethink triggers worry that the country’s economic development drive may not get the expected fillip soon
WeWork’s insolvency is a warning to Indian startups like Byju’s
Any hopes of a recovery by WeWork have been dashed by its latest results which show that the company’s core business continues to be deeply loss-making
Growing US-China chip rivalry presents India with its geopolitical moment
Tightening US controls on China India an opportunity to break into the ’s semiconductor industry’s global value chain. But there are significant disincentives for chipmakers to set up operations in India
Banks on a roll now, but may see slowdown going forward
Although the last few months have been great for the banking sector, there is likely to be pressure on volumes and margins in coming months. Even with lower risk, profitability may be affected
Moneycontrol Pro Panorama | Hiring trouble
In today's edition of Moneycontrol Pro Panorama: RBI's new policy boosts financial inclusion, Tata Motors on slow path to zero debt, a thaw in chilly outlook for China’s economy, India’s taxpayer base grows nearly fourfold, and more
A recovery in China’s economy will see industrial metals benefit
The IMF has revised its growth forecasts for China upwards and fund managers are singing a positive tune. The big question is if it will play out as forecast
Surge in India’s taxpayer base mirrors upward mobility
The number of people declaring Rs 10 lakh-plus annual income has grown nearly fourfold in the past 10 years. While inflation could explain part of this rise in income levels, and a part by more toning of the tax administration nudging people towards more income disclosures, a substantial part of this 93.7 million taxpayer base is a reasonable proxy of growing formalisation, rising incomes, and better affordability that have turned yesterday’s luxuries into today’s necessities
Claudia Sahm: ‘We do not need a recession, but we may get one’
The former Federal Reserve economist on talk of a recession, the battle to tame inflation and the difficulties of forecasting
Chart of the Day: IPO lock-in expiry to flood market with paper
Demand and supply is what drives share price. A surge in supply is anticipated in the coming months as the lock-in period expires on pre-IPO shareholding in as many as 44 companies
WeWork didn't work but might after bankruptcy
The reluctance of workers to return to offices — particularly in the US — has created a surfeit of downtown commercial property. But demand for hybrid working is stronger than ever, which opens possibilities for WeWork that has pared down debt. Rival IWG reported a 7% increase in quarterly revenue and falling net debt
Buffett’s $157 billion cash pile isn’t an ominous sign
For some, it is a sign from the Oracle of Omaha himself that a global recession was near. For others, it suggested that the eminent 93-year-old investor had lost his knack for finding deals. In reality, it’s just Buffett being Buffett, exhibiting his usual restraint in a market without many bargains
Why my recession rule could go wrong this time
A highly accurate recession indicator, the Sahm Rule, based on the unemployment rate isn't being able to detect the start of a downturn in the US tthis time. The rising supply of workers that has happened post-pandemic is good for the rebalancing of the labour market, even if it shows up initially in somewhat higher unemployment rates
JLR puts Tata Motors on glide path to zero auto debt
Tailwinds from robust demand for luxury cars, easing chip and other supply constraints and, a stellar order book build optimism for higher margins
Deepfakes: We have been warned and it is time for countermeasures
A recent viral deepfake video should serve as a warning to governments, technologists and the society at large on the scale of the menace that is just beginning to unfold. The democratisation of technology has lowered the barrier for entry into the realm of deepfake creation for everyone from mischievous hobbyists to cybercriminals
RBI's co-lending policy is adding muscle to financial inclusion
The co-lending approach ensures liquidity certainty for NBFCs, diversification opportunities for banks, and, most importantly, lower customer borrowing costs, thus enhancing financial inclusion
No, Gazans can’t rise up against Hamas
To expect Gazans to rise up against Hamas is to require them to risk their lives and livelihoods, to face down a terrorist group that has repeatedly demonstrated willingness to slaughter Palestinians as well as Israelis. All Gazans can expect from the wider world is qualified sympathy — and unreasonable expectations
Nanny companies are everywhere and their rise is unstoppable
In general, corporate nannies are doing the right thing, using their corporate muscles to address pressing problems and nudging their employees to behave more sensibly. They may give in to the temptation to go too far and force us to do unacceptable things — but if they do, we can always resign and work for someone else
Sixteenth Finance Commission and ‘beyond the GDP’ paradigm
The analytical framework of the 16th Finance Commission will be 'beyond GDP', by integrating human development variables. Will it also apply a 'gender lens' in the inter-governmental fiscal transfer framework within the terms of reference?
Moneycontrol Pro Panorama | E-commerce firms crack growth code, earnings should follow suit
In today's edition of Moneycontrol Pro Panorama: Investors pour in for REITs and InvITs, rooftop power solar energy sale needs a boost, gap between job growth and working age population lowers, Mizoram poll campaign an example for all, and more
Delhi's Odd-Even Scheme: A band-aid solution to a long-term pollution problem
Delhi-NCR's air quality problems are a complicated issue with many underlying causes. Nevertheless, it is a problem that may be solved with a combination of technical advancements, citizen participation, efficient legislation, and knowledge gained from successful international models
