Q2 earnings surprises could lead to sharp stock moves
A lowering of IT sector guidance, a good show from BFSI, auto and oil marketing companies are anticipated events in the earnings season. But be prepared for surprises
What Maruti’s massive capex plan signals
A Rs 1.25 lakh crore investment outlay implies the auto maker is readying itself for the challenging road ahead of it
Chart of the Day | We aren’t there yet when it comes to inflation
This would be the 48th straight month that headline inflation and core inflation are above target. Food inflation was below the target in eight sporadic months during the time.
What's the connection between the UAW strike in the US and India's auto sector?
The strike is not just about wages but also protecting employment in the wake up of an inevitable shift to battery-powered electric vehicles from internal combustion engine vehicles
Pharma Q2 growth in India slows, hopes hinge on US
Growth in the Indian pharma market slowed to 7 percent in Q2 of FY24 from 8.5 percent in Q1
Inflation: How expectations shape realities and vice versa
A one percentage point rise in near-term expectations is associated with about a 0.4 percentage point rise in current inflation. Lagged inflation and other factors together have a bigger impact
Moneycontrol Pro Panorama | Contrasting tale of foreign & domestic investors
In today's edition of Moneycontrol Pro Panorama: Hyderabad races ahead in luxury housing market, unemployment rates much lower than before COVID, Israel spends far more than its neighbours, sugar export ban worries investors, and more
Israel-Hamas War: No, Palestinians can’t just leave Gaza
Why don’t they just leave? As Israel’s furious retaliation for last weekend’s Hamas attack devastates large swathes of the Gaza strip, killing hundreds and maiming thousands of Palestinians, it is not unreasonable to wonder why the 2.3 million civilians living in the tiny enclave don’t flee to safer ground
Cape Town is making South Africa’s African National Congress look worse and worse
South Africans are legendarily resilient, but the decline under ANC is so bad that even those who are inured to indifferent or hostile governments are exasperated. When people of all backgrounds start to experience decline instead of progress, the electoral fortunes of those in charge start to wane, and this is happening to ANC
Will a ban on sugar exports doom sugar mills?
Investors need to consider a host of factors and sugar exports is just one of them
Biden, Netanyahu and America’s choice
The temptation is to offer Israel’s leader unconditional support but it would be wiser to try to break the cycle of violence
Why Mohamed Muizzu’s plan to end Indian military presence is dangerous for Maldives
Ever since the timely intervention to foil the 1988 coup, India has been an effective guarantor of Maldives’ security, which deters terrorists, pirates, and traffickers from attempting mischief. The resulting tranquillity bolsters Maldivian tourism. Indian forces are also the first responder when Maldives faces calamities
Hamas must be punished, but the Palestine question demands answers
Israel can’t be secure unless it first crushes Hamas and then creates a clear path toward a political settlement. How it handles Gaza’s civilians in the coming days and weeks — and ensures they have food, water and medical care needed to survive — will play a big role in deciding whether that messy, less violent future is possible
Economy: US Fed's Powell, China's Xi can salvage global growth
The US and China have an interest in coalescing around common goals. They are not acting in concert, but policy differences no longer seem quite so clearly drawn. The Fed is souring on further tightening and China is becoming less squeamish about loosening up on spending
Hamas has already lost the war of images
The Hamas videos of captured women drew widespread revulsion and reprobation. Because of the videos, Hamas lost any right to claim the attack was a manifestation of 'legitimate resistance'. Instead, the group was exposed before the horrified world as the terrorist organisation it has always been
Chart of the Day: Changing landscape of housing market
Hyderabad has raced past other big cities in accretion of luxury housing even as Chennai is the only city to see a decline
Fractional shares – a risky experiment?
The proposal of allowing fractional share issue by companies won’t be lapped up by companies. Firms can issue bonus shares to bring the price down or even Differential Voting Rights shares at a discount
IMF: Soft landing hopes propel rally in risky assets
The IMF’s Global Financial Stability Report says, ‘the belief that aggregate demand will gradually slow, labour market tightness will ease, and price pressures fade—has boosted investor risk appetite, fuelling the rise in risk asset prices seen since April 2023’
The implications of Israel's invincibility being shattered
Hubris and a sense of invincibility had crept into the leadership in Tel Aviv, and they were unwilling to consider Palestine as an elephant in the room
Cost efficient nuclear energy is making a quiet global comeback
Small Modular Reactors promise to be the gamechanger that nuclear energy needs for its comeback. They can be built in half the time that the older larger reactors took—about five to six years—and they’re safer
Middle East military spending: Who spends how much
In 2022, Israel’s military expenditure was more than the total of the military spending of Egypt, Iran, Lebanon and Jordan combined
Unemployment much lower than pre-pandemic levels, but fine print throws up many questions
The PLFS survey shows that while the unemployment rate has improved, there has also been a rise in the proportion of unpaid helpers in household enterprises. The increase in the proportion of such workers, the higher proportion of workers in agriculture and the higher proportion in the informal sector may have reduced the unemployment rate, but it may also be a symptom of disguised unemployment
Environment-development conundrum in the Himalayas
There is a need for a multi-disciplinary expert committee to review all projects before the implementation stage. The attempt should be to minimise damage to life and property
More bloodshed will never resolve the Israel-Palestine conflict
There are at least two million people in Gaza — most of them civilians — but the West only sees Hamas
Goldin took women’s careers from economic sideshow to mainstream
Thanks to the perseverance of the Nobel-winning Harvard economist, the female half of the population is no longer seen as irrelevant to the macroeconomy
