China is now run by a new set of leaders who are personally loyal to Xi Jinping, ending the Communist opposition to the personality cult system. Though the sliding economy is China’s biggest challenge, Xi remains obsessed with security threats coming from outside the country’s borders. What Xi’s attitude would do for investments and markets is clear from the 7.3 percent fall in the Hang Seng Enterprises Index on Monday, in the worst sell-off in decades
While inflationary pressures are easing, they haven’t come down enough for central banks to feel comfortable, although some of the doves will feel emboldened to argue for caution while hiking rates, particularly in view of the shrinking economy
The recent ruling will affect not just educational institutions but also hospitals of several categories, universities, etc. There will need to be a change in their activities and even constitution documents, lest they lose their tax-free status. Even if arguably overdue, this presents yet another challenge adding to earlier recent amendments to law and policy changes generally
Xi is trying to change the drivers of the Chinese economy at a time when there is a plethora of domestic and international challenges. The odds are stacked against him
If India aspires to be an economic superpower, it can no longer play safe and will have to take the risks to internationalise the rupee; but this will take time
India needs to follow the European example and better regulate the digital space accessed by its residents. The issue is how effectively this can be done with as light a touch as possible
Stay defensive till the dark clouds of uncertainty begin to blow over. Avoid leverage of any kind
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
In today’s edition of Moneycontrol Pro Panorama: US prohibits providing services to Chinese firms, tricky business of sporting sponsorships, DIIs to the rescue, and more
The creativity and dynamism with which India and Europe approached each other after the fall of the Berlin Wall, is destined to be shelved for the foreseeable future
Contrary to compulsive critics at home and professional propagandists overseas, there is increasing acceptance of the role India is destined to play in the global stage in coming years
The US is taking a big risk in imposing semiconductor export controls without allies on board
Xi Jinping’s call to the youth to remain firmly wedded to the party’s designs and plans needs to be seen in the backdrop of growing unhappiness and unemployment among youth in China
Bajaj Auto has tweaked its products to fetch better realisations across business segments in spite of a sluggish market for two-wheelers
A recent EY-CII report underscores India’s potential to attract more FDI and lists measures that can quicken the pace of dollar inflow
Creating a Trust is one way of avoiding disputes over multi-generational transfer of wealth, but it is more complex than drafting a simple Will
Given that our competitors have witnessed a higher depreciation of their currencies against the US dollars, Indian exporters are automatically less competitive in the international market. This creates an added constraint to India’s growth process
Digital marketing expenses remain high as more companies vie to build online businesses
The tussle between environmentally conscious or politically aware players and sponsoring companies is likely to become more intense
Effective October 12, new rules meant that all US citizens, green card holders and foreign nationals residing in the US were prohibited from providing services to Chinese chip manufacturers
In contrast to the last bout of selling, the ongoing FII exodus is much milder. Even VIX is sub-20. The range for Nifty is much narrower too, as it swings between 17,000 and 18,000
Kharge’s major shortcoming is that he is not a charismatic leader and is therefore unlikely to be able to galvanise the party rank and file across the country
After recent downgrades, stocks comprising the country’s benchmark Nifty Index are forecast to deliver around 15% higher income over the next 12 months than at the start of 2020.
Or not. These fear-mongering headlines and viral all-caps Tweets are counterproductive. They confuse and mislead the public about the dangers of the new omicron descendants. Worse, they potentially undermine a critical message: Covid vaccines still provide good protection against all of these variants.
Reliance Industries is expected to remain sideways within our range. An Iron Condor trade to capitalise on a sideways trend