The SEC investigated, concluded otherwise and charged Musk with civil securities fraud. His deal with the agency, following its standard policy, committed him not to “[deny] directly or indirectly, any allegation in the complaint or [create] the impression that the complaint is without factual basis.”
To imagine the future, it would be helpful to look in the rearview mirror and see how this space has evolved, and the strategic choices that won the day
The IMF’s forecast of GDP growth in India for 2022-23 is 8.2 percent, a percentage point higher than RBI’s estimate
The top Indian IT companies that have declared their results may differ in growth and margin numbers but the one thing that ties them all together is the increasing attrition rate
The government can take note of IMF observations to fine-tune its domestic manufacturing policy and help India Inc better tackle the challenge of input sourcing
The IMF’s World Economic Outlook says that for the top 10 emerging market economies, excluding China, the savings share of the top 10 percent has gone up from 5.87 percent in 1995 to over 13 percent in 2014
The domestic pharmaceutical industry needs much more than a PLI scheme to reduce its heavy dependence on China for raw materials
Government-owned NBFCs, much like the teacher’s pet students, will be afforded favoured treatment over private NBFCs
In today’s edition of Moneycontrol Pro Panorama: The rate hike scare, Mindtree’s mojo, China’s macro test, Chart of the Day and much more
The direct impact of the Russia-Ukraine war on India’s growth would be limited. However, the indirect consequence via rising inflation sapping consumer confidence, prospective normalisation plans of domestic and global central banks, and lagging investment sentiments could have a more pronounced impact
Residential real estate projects launched after the introduction of RERA are witnessing an average delay of 10-18 months, while the delay in projects launched prior to RERA, ranges from 20-48 months
Jamie Dimon, in his annual letter to shareholders, admits that “despite our best efforts, the moats that protect this company are not particularly deep”
Dozens of obscure bureaucratic bodies can ruin your trading day, so you’ve got to do your homework
Apart from public statements on Indo-Pacific and Ukraine, UK Prime Minister Boris Johnson is likely to push for an early conclusion of FTA negotiations. India-UK FTA fits well with the UK's post-Brexit ambitions, and India’s current strategic and economic choices
The 10-year real Treasury yields have soared more than 1 percentage point since early March, hitting a high of minus 0.05 per cent on Monday
The finances of Punjab and other states which have announced a range of freebies are unsustainable
High inflation could squeeze profitability though
Shrinking the role of the President would open the door to the broad national-unity government that the country will need to dig itself out of its debt trap
Don’t expect Beijing’s stimulus to lift the global economy when major central banks are moving in the opposite direction
Underlying weakness in Chinese data, irrespective of COVID/lockdown is a key watch
The stake sale values Tata Power’s renewable energy subsidiary at Rs 34,000-38,000 crore, lower than the Street's estimate of Rs 45,000 crore
The rural labouring poor have served as a pool of workers available at dirt cheap wages, thus keeping overall wage pressures in the economy low
Wholesale prices of manufactured products have seen a sharp increase in recent months
As inflation shoots up to 40-year highs in many regions of the world, central banks are under pressure to increase the price of money, i.e., interest rates, on a faster than anticipated trajectory. This will have far reaching consequences for households, companies, investors, governments and elections
In today’s edition of Moneycontrol Pro Panorama: Infy logs out of Russia, HDFC Bank Q4, the Eastern Window, tech-tonic shift, and more
