It would not be an exaggeration to suggest that bond yields in India are taking cues more from global bond markets than from domestic developments
Going by the uproar over the skyrocketing price of tomatoes, it would appear that Indians have not taken to the idea of using puree out of tetra-packs in a big way
The volatility last week differed from that of 2022 and earlier this year because it was driven not by the policy-sensitive short end of the yield curve (such as the two-year Treasury) but by the longer-dated bonds
The Treasury is on track to spend almost $1 trillion on interest payments alone in fiscal 2023, compared with less than $600 billion before the pandemic and around $425 billion in 2011 when S&P lowered its rating for the US from AAA to AA+
The Bill creates a novel system of registered consent managers. This will allow users to mindfully think about what they want done with their data, record their preferences once, and thereafter, use their consent manager to manage consents for the hundreds of products and services they use every day
A two-pronged, bottom-up approach that involves recruiting more judicial officers in the district judiciary and ramping up the supporting structural components they need like more courtrooms, court staff, basic amenities and technology cannot wait any longer. There are more than 4 crore cases pending in the lower judiciary
In today’s edition of Moneycontrol Pro Panorama: INDIA needs to strengthen its bond ahead of 2024 LS polls, the buzz surrounding LK 99 explained, India concerned as Pakistan cozies up to US, Personal Data Bill should ensure no snooping, and more
The underwhelming performance of SBI’s AT1 bond issue is perhaps indicative of the new normal for subordinated bonds issued by banks and financial institutions. Banks may have to significantly increase the premium offered on these bonds, given the uncertainties associated with the loss absorption hierarchies
In 2015, US investigators found that salaries were 9-15 per cent larger in the 75th height percentile than the 25th
Pension plans and wealth funds given fee discounts as deal drought makes fundraising tougher
From generous central funds to weakening the oppositional politics of the Odisha BJP unit and keeping central agencies at bay, the astute CM has used his Rajya Sabha numbers to good effect. For BJP there is a price to pay for Patnaik’s support: Its state unit could lose ground as polls approach
Once touted as a “transition fuel” between denser hydrocarbons and renewables, gas is proving to be a habit as hard to kick as coal and oil. Economies have a choice of whether to build their energy infrastructure around a fickle, finite geological resource or the limitless bounty provided by renewable technologies
With the US labour market finally firing on all cylinders, good old-fashioned market economics really can work. Tight labour markets are not only pushing employers to raise pay and switch to more productive business models, it is also pushing employees like restaurant waiters to switch into other sectors where they are needed
Rules must be defined in such a way that they protect the sanctity of personal data and ensure that the Act is not misused by fiduciaries for any ulterior motive
Khan’s party PTI still has a good chance of returning to power. Perhaps he will miss one election; but that need not end his career. Khan’s sentencing will only, paradoxically, increase his political power. It requires civilian politicians — who love neither Khan nor the military — to learn how to win back voters’ trust on their own
Risk and governance are two sides of the same coin. Yet both have remained confined to boardrooms and regulations rather than being absorbed as a part of corporate culture
Assembly elections in five states, Rajasthan, Madhya Pradesh, Telangana, Chattisgarh and Mizoram will precede the 18th national election in 2024. These are critical for both the coalitions
You can increase your ROI by going for a Bull Call Spread – buy a call option at a lower strike and sell another call option at a higher strike
India cannot be a high-cost island but needs to be part of the global supply chain with low tariff barriers and minimum border controls by way of licences and phytosanitary restrictions
Pakistan is trying to enter into a security pact with the US and shed its image as a camp follower of China. India has reasons to worry if the US agrees to sign an agreement and supply more military hardware to Pakistan. For the US, it is an opportunity to counter Chinese influence in Pakistan and Afghanistan
The search for a material that can be a superconductor at normal temperature and pressure has long been the Holy Grail for physicists and chemists
The manufacturing value-add in computers would be a tiny fraction of the value added in services compromised by restricted IT imports. For a few million dollars’ worth of forced manufacture, should India make life difficult for a trillion-dollar technology and technology enabled services industry?
Some of the most visible parts of the UK’s net zero strategy are placing obvious — and high — upfront bills directly in front of consumers. Hot water boilers require a significantly more expensive heat pump. A drive to a city centre, demands an upgrade to a low- or no-emission car — or pay a huge fine every time you get in the other kind. And few are willing to pay the price
Morgan Stanley's star analyst Michael Wilson says the 2023 rally that proved his team wrong was driven almost exclusively by valuation. In plain words, he got the poor economic fundamentals right, but foolish investors pushed up stock prices anyway. He still thinks stocks will fall when investors come to their senses and realize he was really right all along