Rural consumption is dependent on many factors such as the monsoons, higher real wages, work availability in urban areas and farm incomes. But the continuing high demand for work under MGNREGA indicates distress at the bottom of the rural pyramid
The star of the show this fiscal year has been the services sector. Loans outstanding to the services sector showed a growth of a mere 1.8 percent in the first quarter of FY23, compared to 7.7 percent in Q1 of the current fiscal year
State assets haven’t been disposed like this since then-Chancellor of the Exchequer Gordon Brown liquidated over half of the UK's gold holdings at $275 per troy ounce
But investors won’t believe the British luxury automaker has turned a corner until it becomes a reliable cash generator
If there’s no more tightening in the pipeline, then proponents of the soft-landing scenario must believe that the Fed has done enough. Yet the persistent tightness of the labor market suggests otherwise
The wait for a 40nm silicon fab in India got longer after Vedanta and Foxconn called off their JV. Both companies are expected to submit separate proposals but there is no clarity when that may happen
The Rajasthan legislation could soon be followed by kneejerk copycat laws in other states as everyone feels the acute need for social security for gig workers. But quite a few aspects of the new law’s design including a welfare board – a suboptimal solution till date – and a new cess, are problematic
In today’s edition of Moneycontrol Pro Panorama: Indian manufacturing a star performer, safeguard your business from GST frauds, unlike cooking - investing is a lived skill, India’s booming logistics sector, and more
The new identity is to be unveiled on August 10. Will the creative team assigned the task of creating a new corporate identity tinker around by giving the Maharajah a contemporary look or go for a complete overhaul?
The forthcoming Monetary Policy Committee meeting will have to take into account both the strength of the manufacturing PMI for July and the inflationary pressures
The ultimate beneficiary would be TMC, as was evident in the recent panchayat polls when BJP and Left-INC-ISP were locked in a fight for the second spot. In a way it is history repeating, as CPM between 2001 and 2011 had benefited from the split in the Congress in 1998. So will Bengal see a bipolar fight next year like in 2019, or a triangular contest?
Governments and central banks in the west, China and Japan still face a bumpy road ahead
If you want to become a good investor, the most important thing to do is to start practising and getting feedback from the market and keep refining your process. Another critical point is to follow those investors whose style gels with your own and who have demonstrated success over a reasonable period of time
Two of the biggest stories in medicine this year — the arrival of the first disease-modifying treatments in Alzheimer’s and the stunning transformations made possible by new weight-loss drugs — have something in common: Eli Lilly & Co
Given its highly reactive nature, hydrogen is one of the very rare elements on Earth. How to discover, extract, and transport are questions that need answers. But Hyterra, an Australian company exploring for geologic hydrogen in the US, believes it can produce the element for $1 a kilogram — prices at which it might start to compete with natural gas
The advantages of trading in GIFT City are simple, all trades are dollar-denominated. Thus foreign investors would not have to incur the extra cost of converting their currency and hedging it.
India’s growing economy is leading to a boom in the setting up of infrastructure such as logistics parks, warehouses with the latest technology. Investors are pouring money into these assets
Thermal power plant availability improved as electricity demand softened in June 2023 quarter
As of July, more than 10,000 GSTINs have been suspended, and legal actions have been initiated against over 1,000 taxpayers
Maruti’s acquisition of the Gujarat unit will usher in synergistic benefits although the payout and the terms of the deal are key to determining earnings gains
IDFC First Bank has made hefty investments in tech and personnel as it grew its business. While most of the positives have been baked into market valuations, elevated operating expenses are a dampener
Traders need the right tools and skills to be one step ahead of the crowd. Here are two tools or skills that should be there in every trader’s arsenal
The company has lost $21 billion creating its virtual reality experience since the start of 2022. It’s only a matter of time before investors start demanding answers
Never mind that Vladimir Putin is breaking all nuclear taboos and China is beefing up its arsenal. US nuclear doctrine is still fundamentally sound
In today’s edition of Moneycontrol Pro Panorama: India's drug regulation process needs overhaul, price hikes effect Dr Lal PathLabs’ performance, no push to the climate agenda at G20 summit, and more