There is no sign of the treasury and opposition benches agreeing to bury differences and letting Parliament get on with the job of making laws and discussing issues of national importance
The Fed’s timely action has calmed the markets for now, but the sharp rise in interest rates could mean trouble for other interest-rate sensitive businesses
India has been prudent to take measures to safeguard its revenue interest by first bringing VDAs under the Income-tax Act, 1961 and now countering risks of money laundering and other economic offences by including them under PMLA.
While the Cryptocurrencies Bill is still pending, presumably on account of recent Central Bank Digital Currency related developments and ongoing G20 discussion on uniform digital assets framework, the notification is a positive step and was much awaited by the Indian Web3/virtual digital assets players. It lends an increasingly sovereign recognition to the emerging Indian digital assets ecosystem.
The Fed is caught between combating inflation and worries over a financial mishap
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
The state government may be allowed to maintain pay and pension accounts but CAG has the sole power to prescribe the form of accounts and to conduct audits. This will meet the ends of federalism and good governance practices
A bit of humility from central banks is okay. Let’s not have too much thinking out loud
Many of those who bought luxury timepieces during the boom of 2022 have been forced to sell. But those bargains might soon run out.
In today’s edition of Moneycontrol Pro Panorama: Companies must promote more gender diversity, the judiciary takes the AI step, Rahul Gandhi needs a Hindi oratory reset, slowdown in loan growth expected, and more
What ChatGPT does with textual answers, a host of AI tools are doing in image generation. The quality and diversity of the output still has some way to go but there is no doubting the potency of the technology. There are risks too, including potential loss of livelihoods for artists and photographers
Bank deposits always covert to currency at face value. Or that’s what people believe. So why not put these liabilities on the blockchain?
With three developing countries constituting the troika for the first time, the West fears that the Leaders’ Declaration may not be to the liking of G7 countries. They are, therefore, scapegoating Russia, China and the Ukraine war and masking their real objective of preventing a New Delhi Declaration heavily favouring the Global South
Investors and the Fed need to keep an eye on speculative positioning and generational bias
Georgia’s fragile democracy — one of the few staunch US and European allies in the region until recently — is now in Vladimir Putin's sights
IRS has mainly targeted poor families with audits because doing so is easier and cheaper than pursuing the complicated tax matters of wealthy filers. Technology could help level the playing field
AI software saves a huge amount of time and effort and does better than humans in executing routine functions
Diversity numbers are best for companies like Infosys and HDFC which have also given consistently high returns to shareholders over a sustained period
In its proposed changes to the listing regulations, SEBI is trying to plug side deals and structures that entrench a set of shareholders. This will further empower shareholders and limit the ability of the controlling shareholders to play between the spirit of the regulation and the letter of the law
The economic environment is not conducive for attractive returns in equities and is reflected in price action as well. What should investors do?
The story of Carlos Ghosn showcases the qualities of a ‘revolutionary’ leader, who is good at turning around companies but is unable to deliver consistent growth in normal times. For that, we need ‘administrators’
Rahul Gandhi’s speeches on the campaign trail in Hindi heartland states have been dreary affairs, more likely to put voters to sleep with their consistent mediocrity. Hard work on this front too awaits the 52-year-old leader who has completed two decades in electoral politics
High rates and tight liquidity will keep borrowing costs elevated for NBFCs, possibly leading to a slowdown in loan growth
Lufthansa and its airline peers are having “fun” making money at customers’ expense
Are you with TINA or TARA? That’s a trick question. By shunning stocks when their prospects seem poor and alternatives seem enticing, you will miss more rallies than crashes