Moneycontrol Pro Panorama | Sticking the landing
In today’s edition of Moneycontrol Pro Panorama: India's future in space exploration hinges on Chandrayaan-3, prudent measures needed to limit flood damage, high interest rates could hit home loan growth, India risks losing the semiconductor race, and more
Elon Musk wants to master the universe with xAI
Musk’s new AI quest poses a threat to Google’s DeepMind
Silicon Valley start-ups explore sales as funding runs dry
Wave of consolidation expected across tech as cash-strapped companies seek buyers or risk going out of business
Disney: Ascent of the Iger will hamper House of Mouse
Expect stagnation and half measures while Iger stays in charge
Sending proponent of North Bengal statehood to Rajya Sabha kicks off BJP’s 2024 defence of strongholds
Ananta Maharaj, a leader of the Rajbanshi community from Cooch Behar, could prove instrumental in defending the seven Lok Sabha seats from the North Bengal region that the saffron party won in 2019. But if he and other leaders sharpen their statehood demand, it could prove to be a double-edged sword
Modi’s France visit to deepen India’s ties with Europe
Prime minister Narendra Modi’s ongoing visit to France is part of a larger plan to shift Europe from the edges of India’s foreign policy to a key priority, with the war in Ukraine showing no signs of being contained
Foxconn’s change of heart on chips is a warning to India
Manufacturers and investors are looking not just for financial incentives but also policy stability and trust. Every country in the emerging world, including India, has focused on attracting investment through subsidies, facilitating trade, and improving operational conditions for investors and domestic producers. Only India has simultaneously put higher tariffs in place, raising costs for almost every input into the electronics supply chain
Carbon Capture: Exxon is buying its way into the energy transition
Carbon capture is the centerpiece of Exxon’s climate-related efforts primarily because unlike renewable energy, which competes with oil and gas, capturing carbon complements Exxon’s core business and thereby may extend its lifespan. Its $4.9 billion acquisition of Denbury Inc is also useful for the Inflation Reduction Act’s carbon capture credits, which effectively provide Exxon with extremely patient venture capital
Are India’s metro rail projects transit solutions or real estate plays?
Metro trains evoke pride among citizens and represent a new, modern India. But, their main purpose is to decongest urban areas and lower road pollution
Will markets get a reality check in Q1 earnings season?
Flows from foreign funds and mutual funds to equities have increased. But negative surprises in earnings and any consequent cuts in consensus estimates could make valuations even less palatable
Chart of the Day | Home loan growth could plateau in coming months
One of the reasons for a slump in affordable housing is the sharp rise in interest rates.
Don’t fight floods, learn to live with them
Instead of measures such as embankments to keep rivers out of settlements, more prudent measures such desilting can be taken up to limit flood damage
Where is the Recession?
In their mid-year 2023 projections, most analysts have turned the most anticipated” recession into the “most postponed” one
Chandrayaan-3: The future of India’s lunar and space exploration hinges on this mission
August 15 this year will mark two decades of former Prime Minister Atal Bihari Vajpayee announcing the Chandrayaan programme. India hopes the failure-based design approach and robust testing done by the ISRO on C3 will ensure a successful mission and an expanded lunar exploration programme for the future.
Internationalising the INR will be a gradual process
One major precondition for internationalising a currency is that the economy should be international as well. India has made great progress since the opening of the economy in 1991
Bengal Panchayat Polls: TMC’s big win no indication of its 2024 prospects
Voters are making clear distinctions between panchayat, assembly and Lok Sabha polls. The state’s ruling party has an advantage in panchayats. In 2014 and 2019, BJP did better in Lok Sabha polls in Bengal than the panchayat elections which preceded and the assembly polls which followed. So the battle for 2024 has just begun and is far from over
Meet the $4 billion AI superstars that Google lost
These eight alumni made one of the biggest discoveries in AI, then left to build their own startups. Why did Google miss the boat?
How to tell where the global economy is headed
A focus on a nation’s saving rate and its allocation of human capital can help provide clarity in an era of economic uncertainty
Moneycontrol Pro Panorama | It’s a recession…it’s a slowdown…it’s a soft landing
In today’s edition of Moneycontrol Pro Panorama: India’s chip-making drive hits a reboot, retail investors are whetting their appetite, new fintechs keep banks on their toes, online gaming needs more acceptance, and more
Why China is flirting with deflation as the west battles rising prices
Beijing’s policymakers fear low investment and consumer spending will hamper the economy’s post-COVID recovery
GST Council Meeting: Pain for some, relief for others
The devil lies in the detail and hence careful examination of the amendments, notifications and circulars will be required to fully assess the impact of various announcements made by the Council after its July meeting
The good, the bad and the beautiful in the Indian and US inflation prints
While food inflation has gone up in India, core inflation is lower, while in the US the chances of an Immaculate Disinflation have improved, propelling markets higher
Digital India Act: Classifying intermediaries can save us from poor regulatory outcomes
The old Information Technology Act of 2000 did not classify the new services and functions that the internet produced. The Digital India Act is an opportunity to arrive at future-proof classifications to enable a trillion-dollar digital economy by 2026. This will help regulate intermediaries based on their technical functions, services and user harms, instead of a one-size-fits-all approach
Chart of the Day: What the divergence in equity flows portrays
Investors are pouring money into mid-and small-cap funds reflecting an increase in risk appetite among retail investors
The Green Pivot: China is painting its industries green with an enviable finance strategy
China needs around $21.3 trillion in debt financing to reach its net zero emissions target by 2030, which looks achievable with its current strategy
