TDP has struggled to recover from its decimation in 2019 at the hands of Jagan Reddy. Jagan has bet big on welfare hoping that handouts will satisfy the poorer sections who voted for him. But a middle-class backlash appears to be building up, which Chandrababu Naidu hopes to leverage
The market regulator’s decision in two cases, where its guidance was sought, has led to two different interpretations on how to calculate net worth
The change in the tax regime for debt MFs could see NBFCs hit the public bond market to raise long-term money at attractive yields
GST cess on tobacco can now be levied based on retail sale price up to 100 percent of RSP. The target appears to be non-cigarette tobacco products, for now
It is important for each investor now to review the asset allocation of mutual funds to ascertain whether such funds would be impacted by the proposed amendment
Power and roads show maximum promise; a doubling in the share of private sector investment in infrastructure by fiscal 2027 would put India’s GDP on a higher trajectory
Between the whitelisting approach placing onus on government to assess the adequacy of another country’s data protection measures and the blacklisting approach of singling out certain countries for embargos, GoI seems to be leaning towards the latter. Blacklisting is divisive and doesn’t help businesses
In today’s edition of Moneycontrol Pro Panorama: India must build consensus on climate funding, fertiliser subsidy likely to drop, Indian policymakers challenge EV investors, booking a fraudster becomes harder, and more
With the proposed change, retail investors may stay away from non-equity mutual funds because if they are risk-averse and conservative in their approach, they may just find it easier to park monies in fixed deposits
Frenzy of activity across the region contrasts sharply with Europe’s moribund market
The fall in raw material prices accelerated since the Union Budget on February 1
The Supreme Court wants banks to hear borrowers accused of fraud and give a reasoned order when labelling them as fraud
India's booming digital lending business is stoking demand for a new breed of startups that are aiming to build -a platform that can be used to collect loans – and, in future, insurance premiums – anywhere in the world.
Netanyahu revived his political career through an alliance with far-right groups. His acceding to their drastic demands like the overhaul of the country’s judiciary has ended up exposing the deep fault lines behind Israel’s chronic political instability
Unless adequate funding is ensured, the world will fail to avert a climate catastrophe, which will be disastrous for a developing nation such as India
Reducing aerosol emissions is a priority for global health but aerosols also helped in cooling the atmosphere. As aerosol emissions reduce, warming could be as much as twice as rapid between 2010 and 2050 as in the previous four decades
Actor Innocent, who passed away on Sunday night, was among the greatest comedians produced by Malayalam cinema. His ability to make people laugh outlives him through the innumerable comic roles where he tickled the funny bone
India wants companies in the electronic manufacturing services sector to be controlled by domestic partners, to build domestic technology expertise. But it’s easier said than done
Recognise AT1 bonds as insurance, rather than pure debt. Once AT1 bonds are understood as insurance by a bank that is still a going concern, against a calamitous loss, the expectation that they should be bailed in only after equity is written off would disappear
It’s not just trading profits but a host of factors such as bid/ask spreads, impact costs and turnaround time which could get affected temporarily by the increase in securities transaction tax rates
A research paper pointing out how ChatGPT-4 aced a US bar examination is a sign of things to come. The free ChatGPT3.5 version doesn’t seem so attractive any more, but it is worthwhile appreciating OpenAI’s evolutionary work on large language models that got us here
Efforts to make banks safer can effectively push risk into other sectors of finance
The PLI scheme, attractive though it may be, needs to be accompanied by creating an easier environment for foreign investment. Procedures and regulations continue to abound in this country, as well as unexpected taxation issues
Those parts of Kerala which once benefited from the boom in rubber prices are now in economic decline. Global factors like the supply glut in rubber have contributed to the situation and it is unlikely the central government will reciprocate fearing similar demands from farmers elsewhere
In today’s edition of Moneycontrol Pro Panorama: Rahul's expulsion could work in Congress's favour, major economies record strong growth, China’s influence in Nepal ebbs, BJP’s growing momentum in TN worries AIADMK, and more