Sharda Cropchem’s weak result has a cautionary message for UPL investors
Agrochemicals' revenues plunged in Q2 on steep price erosion in international markets
Start-up Street: Does it make sense to be a zero-equity co-founder?
A zero-equity co-founder must know what he has signed up for---his powers and liabilities---before entering into an agreement with a start-up venture
India’s festive demand a sign of increasing consumer confidence
Unlike the export-oriented economies of East and Southeast Asia or investment-driven China, it is domestic consumption that has powered India’s growth.
Axis Bank’s retail gameplan would soon need a check on unsecured book
Unsecured loans fetch a higher yield because of their riskiness. While this may be excellent to fatten net interest margins, asset quality performance is uncertain. During a downturn, the benefits gained from high yield may be more than offset by the credit loss incurred due to delinquencies
Oil refiners get a taste of an electric future
The price difference between a barrel of crude and a barrel of petrol offers a glimpse of things to come for the industry
Moneycontrol Pro Panorama | India’s insatiable drive for luxury cars
In this edition of Moneycontrol Pro Panorama: Reasons behind Bitcoin high, equity yields losing sheen, favourable outlook ahead for bond market, US-China tech war takes toll on Chinese private capital, and more
What economists got wrong about the great recession
In general, we should be more modest about our ability to second-guess the market
Politics poses the biggest threat to economic growth in China
Abroad Beijing must manage rising hostility, while at home it wrestles with the relationship between communism and capitalism
IT Slowdown: A playbook for the class of 2024
Net new hiring in Indian IT firms may continue to fall but the demand for technology talent is still high in a range of sectors and companies. Here's what the engineering batch of 2024 should do
India emerging as a global trendsetter in ESG disclosures
SEBI’s aggressive stance has ensured India has among the most advanced ESG reporting regulatory regimes in the world, says Shailesh Dhuri, CEO, Decimal Point Analytics, and suggests areas for further action
Green financing needs more incentives for greening the wheels
An enhanced limit for priority sector lending to incentivise banks to increase lending in the green financing segment and tax incentives for investment in green bonds are some concrete steps needed to reduce the emission intensity of the transport sector
Why Elon Musk is attacking Wikipedia
Musk's Trumpian broadside asking why Wikipedia needed so much money was his latest attack against those disseminating credible information. Unlike X, Wikipedia articles are tightly edited by thousands of mostly volunteer editors. Its guiding principle requires citation for every stated fact ffrom a trusted, verifiable news source with recognised standards
What the US-China tech war means for Chinese private capital, semiconductors
China will have the ability to meld state and business interests moving capital from misallocated sectors to technology. It can also try and weaponise its supply chain advantages
Thanks to Jokowi, politics is again a family business in Indonesia
Suharto’s former son-in-law, Prabowo, is tying up with Jokowi’s son to lead the country next year. None of this will be lost on Indonesians. They’ve seen this movie before and will be wondering whether keeping it all in the family is what’s best for their future
Chart of the Day: Three reasons why Bitcoin touched an 18-month high
There are three main reasons behind the sharp up move. The first is seasonal, the second is structural, and the third is market dynamics.
Outsourcing Crunch: India’s sell-side researchers should say what they mean
Around 2016 and 2017, most banking analysts in India kept missing the deterioration in lenders’ asset quality. Now it’s the turn of the outsourcing firms. By taking recourse to anodyne language such as negative net addition that misses the scale of the problem, analysts aren’t doing their core audience any favours
America and Biden in a bind over war in Gaza
An Israel seething with anger and Arab unrest at the Palestine plight left Joe Biden no leeway to bridge both sides. Mooting a political dialogue between Israel and the Mahmoud Abbas-led Palestinian Authority is a more effective way of edging out Hamas but Biden cannot push either Israel or Arabs beyond a point because America isn’t the superpower that it was
Bond market has a favourable demand-supply balance ahead
The favourable demand-supply equation along with falling inflation should bring down long term bond yields once the geopolitical risks subside
Credit Rating Actions: Bhasmasurs and the Theatre of the Absurd
Markets operate on the principles of logic, efficiency, and transparency. It is this that enables the trust of its participants and allows markets to function and grow
US bond yields dip despite better-than-expected flash PMI
Although bond yields have come down since Bill Ackman and Bill Gross said the US economy was slowing, the advance PMI for the US shows surprising strength
What goes inside Hamas’ crypto wallets
Illicit financing is one consequence of the liquidity and anonymity that cryptocurrencies promise
Higher interest rates are making equity yields look unappetising
The S&P 500 earnings yield is now below the US treasury yield. This has happened for the first time this century
Two Australian mining billionaires are in a green energy race
Billionaires typically have one eye on their legacy, and the prize being chased by Andrew Forrest is an immense one — decarbonisation of the global materials industry. If he succeeds, even his rival Gina Rinehart, who is investing heavily in Lithium, will end up adopting green technologies his company Fortescue is now pioneering
America's Gen Z could pay a steep price for Buy Now, Pay Later schemes
While these plans typically don’t charge interest like credit cards, there can be fees for missed or late payments. There will also be credit history damage if payments are late or the loan goes into default and is turned over to a collection agency
Springsteen shows private equity who's boss
If you’re going to sell out, do it at the top of the market
