BJP’s southern gameplan defies logic as it loses a long-time ally in Tamil Nadu
The BJP central leadership is betting big on its feisty state president K Annamalai, a former IPS officer, providing stronger opposition to the ruling DMK than what the weak AIADMK leadership is able to offer presently. But organisationally, it is the AIADMK that still has heft and the potential to bring numbers to the Lok Sabha for BJP
Hong Kong’s billionaire debt kings are losing their mojo
Investors are demanding a higher risk premium from the financial center’s tycoons
Rishi Sunak has found the perfect conservative wedge issue
The UK prime minister is done being technocratic Mr. Fix-it. He needs to present himself as the change candidate
With fossil fuels, ‘peak demand’ isn’t what it sounds like
The day when the world’s consumption of fossil fuels reaches its maximum level is nearer than ever, but let’s not get ahead of ourselves
Moneycontrol Pro Panorama | A thawing of the MNC chill
In today's edition of Moneycontrol Pro Panorama: Fed's higher for longer narrative backfires, headwinds eating into cement firms' profit, Aluminium output picks up, IMEEC a breakthrough for trade globalisation, and more
Chart of the Day: Aluminium output trend shifts up
Global daily average aluminium output in August was highest in 2023, with China’s output driving the increase
Mumbai to Marseilles: Why IMEEC is a breakthrough for 21st-century globalisation
It is starkly evident that given the constraints of longer distance and transit time via the southern Suez route and the northern TAR route, the IMEEC, a potential multimodal sea-land-sea corridor will become the preferred corridor. The eastern side of the IMEEC has developed infrastructure networks in the hinterlands and at ports in India, Gulf countries and Saudi Arabia
Future of work: Career planners should contemplate computers and care
New technology tends to create jobs, not eliminate them
The next revolution in marketing has begun courtesy Gen AI
Generative AI's capabilities in hyper-personalising content and predictive audience targeting will help the marketing field that is struggling for decent customer acquisition budgets amid high-interest rates, stricter privacy laws and economic shocks like the pandemic
America’s mini economic miracle may be fleeting
Biden-era spending has turbocharged growth — but the resulting debts may bring pain
Rupert Murdoch was the last of the press barons
Murdoch is the only contemporary figure who can be spoken of in the same breath as the great press barons of yesteryears. Murdoch’s contemporary press barons were bit players by comparison, either because they failed to match his global scope or because they flamed out. But was he good or bad for journalism?
Japan shows how to defeat secular stagnation
Japan has come out of stagnation to lead the G7 developed economies in life expectancy, per capita growth and, for the first time in decades, an end to the deflation that oppressed CEOs and global investors alike. It is also providing the biggest dollar-denominated stock market returns anywhere in the world
Government has limited options to address crash in prices of tomato, other perishables
Not having much choice, the government resorts to the Essential Commodities Act to impose stock limits. Going forward, the presence of farmer producer organisations and cooperatives can help by setting up small cooling chambers in the producing areas. Linking them to urban markets can boost farmers’ price realization to some extent
Hard lessons for India from Canadian PM’s machinations
For the first time, India has been accused in the Western world of using an agent to kill someone on foreign soil. India has rejected the accusation by the Canadian Prime Minister, but it has kicked off a diplomatic row that will not go away easily. A lot will depend on which side the US takes
Fuel prices apart, cement firms may face other risks too
With supply likely to outstrip demand in the next two years, there could be pricing pressure for cement makers
Global bond index inclusion can attract $20-50 billion in capital, but increases risks too
The move would help reduce interest costs and increase the availability of financial resources across the economy
Rupert Murdoch retires, leaving behind a chequered legacy
Murdoch built up a powerful media empire, but his editorial policies left a lot to be desired
In The Money: Making profits with Straddle and Strangle
After learning about trading strategies that work when traders have a directional view, now it’s time for strategies that work even when there’s no directional view, starting with Straddles and Strangles
Playbook for handling Angel Tax and Section 68 tax notices
With Angel Tax and Section 68 tax notices becoming a headache for startups and investors, here are extracts of a playbook that attempts to give a better understanding of the issue
Higher for longer theme may lead to broad selloff across risk assets
The Fed is more hawkish than the market and under its higher-for-longer interest-rate scenario, real yields could go up again
NTPC trumps Power Grid in growth, but lags in investor love
NTPC is projected to grow faster than Power Grid Corp of India in the near term
Larry Summers makes a fair point, but misses two crucial ones
Summers errs in his approach to climate change and underdevelopment on two counts, at least. He fails to recognise the centrality of carbon dioxide removal from the atmosphere in combating climate change, and he ignores the challenge to development posed by coordinated policy rate increases in the developed world
Did Powell just stamp out bankers’ green shoots?
Stoking uncertainty on the path for interest rates might hurt the nascent pickup in stock listings and loan sales
Putin is winning his grain war, pitting Poland against Ukraine
There are three ways Zelenskiy and his allies can respond to Putin, but none are attractive
The Reading List: September 22, 2023
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
