Is Q1 as good as it gets for India’s banks?
Signs of moderation are already visible, and analysts are noting in their reports that banks won’t be able to hold on to their fat net interest margins or even balance sheet growth for long
A new Licence Raj is not the best way to promote domestic manufacturing
The government should fix what’s preventing India from becoming a production hub instead of using measures such as restricting imports of IT equipment
A downgrade, resilient jobs, incoming higher inflation: How should market read them all?
Consensus for the US economy has moved from a mild recession to a soft landing or a no-landing-at all scenario, encouraging investors to take on more risk
Railways must not allow demand for the old pension scheme to gather steam
The risk of not countering the growing chorus for the OPS is huge. For 2022-23, the Railways pension fund bill was Rs 60,000 crore
Moneycontrol Pro Panorama | The global trend towards premiumisation
In today’s edition of Moneycontrol Pro Panorama: Indian managements ride the confidence wave, rate pause likely on strong growth numbers, SGB returns higher than gold ETF, government's Act East policy suffers a blow, and more
The incredible shrinking global sea powers
Land powers are ever more assertive. This is not good news for either free trade or liberty
Olive oil prices surge, putting Europe on a slippery slope
The price of olive oil has surged to an all-time high, double a year ago. A metric ton of olive oil now costs more than 10 times a metric ton of crude
How China cornered the market for clean tech
The country is the biggest supplier of materials vital for the energy transition. That could give it geopolitical leverage
In China, it’s already cheaper to buy EVs than petrol cars
Battery vehicles have struggled with a higher cost structure that even subsidies and manufacturer losses haven’t helped surmount. That’s finally changing. Seven of the 10 best-selling cars in China in June were EVs. Battery and plug-in hybrid vehicles now account for 37% of sales, trumping Beijing’s 2019 policy for 25% of the market to be electrified by 2025
TSMC is becoming the global chipmaker it didn’t aspire to be
From humble roots in Taiwan, the tech giant is building factories across the globe. Having its manufacturing close to home was an advantage for the made-to-order chip foundry. The tight relationship between R&D and factory operations, where engineers can easily shuffle between production lines, helped TSMC become a fast-moving supplier in a high-stakes industry
Manipur crisis a setback for Act East policy
The entire northeast region is seen as a crucial gateway to east and southeast Asia and, therefore, is a vital component of the ‘Act East Policy’. Any instability there does not bode well for India’s long-term strategic interests
Credit Suisse Bankers, Don’t Despair: A Lehmann lesson for bankers being laid off
UBS plans to cut about two-thirds of Credit Suisse’s dealmakers in Asia. Over half the latter's 45,000-strong workforce worldwide could get pink slips. The experience of Lehman bankers laid off in 2008 suggests this is only a temporary setback: Today they are portfolio managers at top hedge funds, MDs at Tier-I banks, and partners at accounting and consulting firms
Opposition bonhomie on full display in Parliament, but will it sustain
The monsoon session gave ample hints that the parties in the INDIA grouping are burying their differences until the 2024 polls. Congress seems to have recognised that the onus of keeping the bloc united lies with it. But they are also bracing for the tonguelashing from the PM during the no-confidence motion
COD: Record dividends demonstrate Indian managements’ confidence
Dividend payout stood at 44.6 percent or slightly less than 50 percent of the profits distributed by these companies to their shareholders.
Competition from global brands could choke Royal Enfield’s growth
The aggressive rejig of portfolios and pricing strategies by global motorcycle brands Harley and Triumph in Indian markets is set to dent RE’s market share
How do Sovereign Gold Bonds compare with Gold ETFs and equity indices
Gold ETFs move in line with gold prices but SGBs while moving in tandem with gold prices also carry a 2.5 percent annual interest (simple interest), which may seem small, but over the years makes a big difference. If one adds the AMC fees and taxation costs, the difference is wide enough to make investors move to SGB.
As Myanmar spirals out of control, India must use its clout
Despite being on the backfoot as the country’s civil war intensifies, the military regime is showing no interest in a democratic transition that may be the country’s only hope. India must explore various options for a peaceful resolution to the crisis and provide humanitarian assistance to displaced people
The 6Rs: Stress-Testing the original R-regulation of banking
Financial regulation fosters transparency and accountability while supervision is an essential corollary for monitoring and overseeing compliance
How long RBI pauses would depend on how strong growth is
While the outlook on inflation is uncertain, what will really move the needle for RBI is how strong the economy remains
Every RBI governor has a pet interest rate theory
Typically, banks tend to be prompt in raising rates during a tightening phase but fail to display the same alacrity when interest rates are moving south
Giorgia Meloni hits Italian bankers with windfall profit tax
The move on Italian banks is a reminder of Meloni’s aptitude and appetite for populist politics, a skill admired even by her detractors that led her to become prime minister less than a decade after founding her Brothers of Italy party
Out of Africa, a new world war?
Putin is particularly drawn to the Sahel because the region can destabilise the West in many ways at once. It has become the global epicenter of terrorism
India needs more firm growth goals as it aims to be the third-largest economy
The government should not change growth goals too often. Also, growth goals should not be based on the overall size of the economy but on growth rates
Road To 2024: Does inflation affect election outcomes?
Can the I.N.D.I.A. alliance bank on the recent price rise against NDA in 2024? Voting is both an emotional and multi-dimensional decision and election outcomes of the past in India show no clear correlation with high inflation
Moneycontrol Pro Panorama | Gland Pharma on a comeback trail
In today’s edition of Moneycontrol Pro Panorama: MPC likely to vote for status quo, China's exclusion from global capital continues, Pakistan gears up for big political changes, make the most of the rising equity markets, and more
