Good fortune, smart politics, and genuine popular connect have characterised Chouhan’s 20-year journey from then CM Digvijaya Singh’s challenger to longest serving BJP CM of any state. So reports that he will lead BJP in the upcoming elections, while aiming for an unprecedented fifth term as MP CM, come as no surprise
In today’s edition of Moneycontrol Pro Panorama: Xi reaches Moscow to resolve Ukraine crisis, IREDA IPO pricing is key to its success, India's improved regulations help avoid SVB-like crisis, Odisha steals the show, and more
Market convention went out the window as parties raced to secure a deal for the embattled Swiss lender
Long-term client relationships are a known risk to audit quality. KPMG’s near 30-year run at SVB demands a fresh look at the issue
The supply glut of onions is poised to get worse with the Rabi crop coming soon. Farmers won’t be able to even recover production costs despite the Maharashtra government’s Rs 3.5 per kg aid measure. Nevertheless, CM Eknath Shinde has bought himself some time with a committee to examine their demands
Routing the subsidy through manufacturers and keeping the selling price of fertilisers artificially low, makes diversion of subsidised fertilisers profitable for dubious players
A firmer anchor is required to deal with the policy trilemma over the US economy
This is a messy, ugly transaction that nobody really wants — but it’s also necessary
Odisha’s push for value addition of its iron ore deposits within the state is bearing fruit, Maharashtra saw the second highest growth in FY18-22
The deal has been welcomed by the central banks of the US, UK and Europe – each fretting about the potential for further fallout from a Credit Suisse collapse. A coordinated program to supply dollars to the global financial system has also been announced
It's creepy that a bot would decide to deceive, but perhaps we shouldn't be surprised. ChatGPT-4 have come to understand from texts it has trained on that human beings often use lies to get their way
Trade remedial measures should be applied only when a competing domestic supplier is really threatened or closure looks imminent. Merely because WTO allows the use of TRMs doesn’t mean we must use them
Given the current volatile market condition in the market, DIPAM will have to harness all its skills to get the IPO pricing right
A positive development is that large domestic banks such as Axis Bank, Kotak Mahindra Bank, and ICICI Bank—along with the Indian unit of HSBC---have started to assist startups affected by the collapse of Silicon Valley Bank in opening new dollar accounts in Gujarat’s Gift City
One reason why the regulators in India are currently not unduly worried is because in recent years they have faced their own crises and taken steps to improve regulation
The markets are pricing in a 100 basis point cut in the Fed Funds rate in one year
China’s Xi Jinping is visiting Moscow to try his hand at resolving the Ukraine crisis. Though chances of success are limited, any progress would enhance his image as a peacemaker. The US is expected to block any possible success although Xi is possibly the only foreign leader who can influence Russia’s Vladimir Putin
When highly liquid markets begin to break without a reason, what is broken is confidence
Crude’s decline is being blamed on speculative money exiting the derivatives market, rather than economic fundamentals
Just because an investment is “safe” doesn’t mean it can’t decline in value
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
Promoting the growth and development of startups and taking active interventions to curb flipping is now necessary to retain our position as the global hub for science and technology
In today’s edition of Moneycontrol Pro Panorama: India's growth challenge faces headwinds, no SVB-like situation for Indian banks, China offers to broker peace in Russia-Ukraine conflict, bank turmoil sends investors running for cover, and more
The Bar Council of India's decision offers many positives to the legal field in India including greater competition, a global outlook while advising corporate clients, more employment avenues and the opportunity to turn India into a legal hub once international best practices are incorporated
It will incentivise farmers to cultivate crops based on market demand and local climatic conditions, leading to optimal use of inputs, irrigation water and chemical fertilisers thereby reducing the subsidy burden for the government