Clearing landmines is critical to Ukraine’s survival
At least 30% of the country is littered with landmines, Amputations in Ukraine are already on a scale of World War I. It could take decades — or, at existing capacity to decontaminate territory, hundreds of years — to make Ukraine’s territory safe
Moneycontrol Pro Panorama | Fed skips again, but are rate hikes behind it?
In today's edition of Moneycontrol Pro Panorama: IT sector’s refusal to take risks affects jobs, what’s firing up the IPO market?, can BJP and allies tackle the Maratha Reservation challenge, NTPC’s new capex plans should reassure investors, and more
Why there’s no immediate threat to the floundering Rishi Sunak premiership despite Conservative disarray
The Conservative Party is lurching to near certain defeat in the next general elections, which are due before January 2025. Despite falling approval ratings, the spectre of defeat may just be helping Sunak cling to the Prime Ministership without challengers as no one wants the ignominy of helming the government at this late juncture
Banks face challenges in making ECL-based provisioning work
The information needed to make ECL provisions has characteristics akin to a public good. While procuring and aggregating them may entail private costs, the communal benefits from their dissemination are substantial
NTPC’s higher capex plans should reassure BHEL investors
The thermal capacity awards target has been raised to 11,200 MW from 7,200 MW
Is the Federal Reserve done with interest rate hikes?
Chair Jay Powell says US central bank will proceed ‘carefully’ with any change to monetary policy
The Green Pivot: Rising conviction in TVS Motor’s EV strategy
After some initial hiccups, the success of its e2W iQube has set the stage for more domestic launches and exports
Iran doesn’t want Hezbollah fighting Israel
Since Hezbollah is the most valuable of Iran’s assets, Tehran is reluctant to have it damaged and degraded, as it would inevitably be in a direct confrontation with the Israel Defense Forces. The other reason Iran needs to keep Hezbollah fighting fit is that it props up Bashar al-Assad's regime in Syria
Revenue guidance has been lowered, but growth in GCCs is a long-term opportunity: Amit Chadha, LTTS CEO
India’s share in the global ER&D sourcing market is expected to increase more than three-fold by 2030, says LTTS CEO
Shrinking IT jobs reflect the sector’s refusal to take risks
Had IT firms embraced disruptive new technologies such as generative artificial intelligence (AI) and machine learning, they would still need fewer people. The difference though is that margins would have remained unaffected
Maratha Reservation Demand: Can Fadnavis and BJP's allies tackle the latest challenge in Maharashtra?
The latest spell of Maratha agitation has more to it than meets the eye
Chart of the Day: What’s firing up the IPO market?
This year's IPO market is more broad-based and the momentum is likely to continue into 2H2024
Independent directors must step up to their onerous roles or step back
With the advent of shareholder and media activism, the Companies Act allowing class action suits, increasing oversight by regulators and action by enforcement agencies, the position of independent directors has become highly vulnerable to civil and criminal liability
Expelling Palestinians to the Sinai can’t be Israel’s answer
A policy that fed Hamas and encouraged the expansion of Jewish settlements on the West Bank to weaken the more moderate Palestinian Authority has left Israel with no good choices. A second “Nakba,’’ or catastrophe, as the Palestinians call their 1948 expulsion, is no way to ensure Israel’s security
The world will have to live with high interest rates for now
While Indian inflation used to be much higher than that in the US and Europe in the past, last year it was much lower in India. The “higher for longer” stances of many central bankers will remain so for the foreseeable future, with the Israel-Palestine conflict further complicating their calculations
Moneycontrol Pro Panorama | A risk-averse market
In today's edition of Moneycontrol Pro Panorama: Sheikh Hasina faces toughest challenge yet, no festive cheer for manufacturers, a new bond to woo Indian investors, longer workweek proven to be unproductive, and more
Supporting a Palestinian state doesn’t negate Israel's right to exist
Most Indians confuse Palestinian demands as being those on the territory of the state of Israel. What the Palestinians demand however is the rest of the land – the Gaza Strip and the West Bank – that should constitute a viable Palestinian state, already spatially separated by Israel. And Palestinians actually look to Israel with its democracy and knowledge-based society as a future model for themselves. This might seem strange, even bizarre, given the raging conflict there
Manufacturing PMI weakens in festive season
The PMI data highlighted a particularly marked slowdown in the consumer goods sector
Chart of the day: Cry 'Havoc' and let slip the dogs of war
Given the US track record of being engaged in some war or the other most of the time, for an investor, it is a no-brainer to stay invested in defence companies that supply arms and ammunition to the US and, through them, to the countries they are siding with.
Is creating a High-Risk mutual fund category a good idea?
To cater to a small segment of high-risk investors, AMCs would not like to risk their brand. The volatile returns and the relatively higher chance of losing your capital by investing in high-risk assets compared to other equity classes should keep these AMCs away
US 10-year bond yields touch 5%: What got it here, what lies ahead
The fog of uncertainty continues to widen and thicken for the Indian economy. With each passing quarter the world economy is facing one shock after the other. Despite incoming domestic macroeconomic data pointing to a relatively stable domestic economy, slowing global growth and high uncertainty in financial markets will weigh heavily on India’s economic outlook
US Department of Justice’s antitrust case against Google isn't going well
Prosecutors have yet to draw a strong enough line between the tech giant’s actions and a direct, measurable harm to the consumer. Google's defence has had the immense benefit of learning from the failings of Microsoft in the anti-trust case on PC software in 1998, especially the importance of minimising digital trails
US stimulus programme shows how a strong safety net helps the whole economy
The last four years show that safety nets can also give people the time and security to make changes to their lives when things don’t go as planned. They can potentially spur more economic engagement. The result of the tens of trillions the US spent on pandemic assistance has been a resilient economy that has defied predictions
The economic consequences of the Israel-Hamas war
How the conflict unfolds will have implications for a global economy already battered by a series of shocks
Can the CEA illuminate the power path?
Pockets of power deficit can stand in the way of India striving to ensure 24x7 quality electricity to power economic growth
