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
The misconceived entry into telecom that dented Japanese e-commerce major Rakuten
Once the great hope for a Japanese online commerce and tech giant to match the likes of Amazon or Alibaba, Rakuten has been hamstrung for more than half a decade now with a problem entirely of its own making: the decision in 2017 to enter Japan’s already crowded mobile-carrier market
Patanjali Foods’ OFS will see promoters laugh all the way to the bank
The offer for sale is to fulfil a legal requirement of a minimum public stake in Patanjali Foods. In doing so, the promoters stand to make a windfall
Does Mark Zuckerberg even want Threads to replace Twitter?
Threads is going to have a hard time engaging people if posts lack wit, personality, and a taste of the real world. Meta seems to have decided it is not worth getting into politics, hard news and all the accompanying scrutiny, toxicity and negativity that social media, and especially Twitter, is now infamous for. The search for an alternative to Twitter continues
Don't rule out Toyota doing a Tesla and upending EVs
The automaker claims it has made a breakthrough on one of the holy grails of electric vehicles: solid-state lithium ion batteries, which would mean a battery that can power a vehicle for 745 miles on a single charge, recharge in 10 minutes and is far less prone to overheating and fire. In other words, all the current hang-ups about EVs — range, refueling time, safety — disappear
Industry is yet to recover fully from the pandemic blow, just look at IIP numbers
Is the level of consumer staples production really lower than that four years ago, as the IIP data shows?
GST On Gaming: A tale of Shakuni Mama vs Yudhisthira
GST on the gross amount is unfair but the industry has not provided one valid counter to the government’s argument that gaming is addictive. But, is that the only motive of the government?
As fintechs give a new look to the old game of lending, banks must be vigilant
Be it just plain distribution or more involved co-lending, fintechs tend to onboard riskier loans. Banks must keep in mind that bad loans are sowed in good times
Online gaming doesn't need GST hike vilification but more acceptance
Instead of relying solely on taxation, the government should explore alternative measures to ensure responsible gaming practices and protect gamers from potential addiction or financial challenges
Semiconductor push — Is it back to square one?
Foxconn pullout may force India’s chip-making drive to reboot as all the existing applications are now in a state of uncertainty
Ease credit woes of MSMEs to boost manufacturing sector growth
In the present context, when banks are flushed with cash and are still not lending adequately to MSMEs or are lending at higher rates, SIDBI should disrupt the credit market through direct lending to small and medium enterprises at attractive rates
Moneycontrol Pro Panorama | A straight flush for the government
In today’s edition of Moneycontrol Pro Panorama: India's steel sector on rise, accounting authority is unhappy with auditors, SEBI needs to crackdown hard on rogue finfluencers, promoter selling not a reason to worry, and more
India-US Relationship: Long past the time for lofty debate as China races ahead
A technologically enabled Indian strategic-military enterprise will be a catalyst in the great power competition involving China and is therefore in the American national interest. Without committing to operational collaboration of any sort, India needs to keep options open
