Bajaj Gupshup | Sensex ends above 58k after a week, Nifty above 17,400
Benchmark indices ended higher for the second consecutive session with the Sensex gaining more than 700 points. At close, the Sensex was at 58,461, and the Nifty was up 235 points at 17,401. All the sectoral indices ended in the green with IT, metal, realty, auto, FMCG, oil and gas, and power indices up 1-2 percent. BSE Midcap and Smallcap indices added 1 percent each.
Aviation | India’s airport security has many flaws. It needs an urgent review
In addition to stringent security screening of ground handling agency (GHA) staff entering the airport side, it may be time to review the security, and increase the restrictions imposed on GHAs whose origin is in a country that does not have cordial ties with India
Moneycontrol Pro Panorama | Auto sales are running out of fuel
In today’s edition of Moneycontrol Pro Panorama: The metal play, Anand Rathi IPO gets off the block, decoding Digital Banks, Start-up Street, Rahul Dravid faces a tall order, Lex-speak and more
Digital Banks | Let a 100 flowers bloom, let a 100 banks contend
Digital-only banks could help in lowering cost of credit and widen credit access
Lex | World Stock Exchange: A pipe dream technology could make a reality
A world exchange could increase liquidity, improve price discovery and reduce costs
Cricket | Rahul Dravid’s innings as India coach could be his toughest so far
What will work in Rahul Dravid’s favour is that he is respected by all the players (the superstars included), and none can blame him of having a hidden agenda in the decisions he takes
Expressways are the highways to multi-sector development
The benefits that arise from the expressways are multi-dimensional. The economic growth, social inclusion and empowerment, environmental conservation and the like are highlights of the programme
Fertiliser shortfall may persist despite a record subsidy payout
A rapid rise in gas prices drove up production costs even as major producers curbed exports, crimping supplies and making farmers unhappy
Start-up Street | Fintech start-ups must get disruptive with hiring strategies
With plenty of money sloshing around in start-ups, the war for hiring talent is hotting up. In this environment, how does an organisation recruit and retain skilled employees?
Moneycontrol Pro Panorama | Fed may press harder taper pedal; a worry for markets?
In today’s edition of Moneycontrol Pro Panorama: Macros paint a happy picture, Tega Industries IPO, Lodha’s trump card, what keeps FMCG stocks on their toes, Pfizer vaccine’s untold story and more
India, US make the right moves to improve trade ties
While rebuilding and strengthening trade ties, India and the US must build on the five I’s: intent, inclusion, investment, infrastructure, and innovation
Corporate America’s pipeline of Indian techies may be drying up
Till the early 1990s, the number of non-white-male CEOs heading Fortune 500 corporations could be counted on the fingers of one hand. That changed at the turn of the century. Not just Indians, but Asian Americans in general as well as other minority groups
GDP catch-up is just about while consumption decline deepens
Encouraging as the data may be, it is superficial over the deep troughs of one year ago. Compared to the pre-pandemic levels, the growth catch-up is a bare 0.33 percent rise in correspondence
A rural growth slowdown is not the main problem facing FMCG stocks
Rural growth is slowing, but listed companies seem unfazed by it. It may be a non-issue for them, but there is a bigger problem lying in wait
Cryptocurrency | What happens when RBI issues a digital currency?
How will a CBDC be created? Will the RBI use its centralised ledger system or use the decentralised blockchain model to create it?
Solid expansion in manufacturing in November, but why is business confidence falling?
Manufacturing PMI signals India is seeing the strongest pace of expansion in Asia
The inside story of the Pfizer vaccine: ‘A once-in-an-epoch windfall’
The spectacular effectiveness of Pfizer’s Covid-19 shot has given the company the key to saving lives and economies
Chart of the Day | Bank loans to large industries are finally picking up, show RBI data
Loans for buying consumer durables and credit card outstandings saw strong m-o-m growth in October, followed by trade advances
Centre has enough fiscal ammunition to spend freely in the rest of 2021-22
The central government’s fiscal position is now much better than it was before the pandemic
Core sector grows 1 percent in the past three years
The index of eight core industries was up 7.5 percent in October 2021, but all it has done is dug itself out of the hole it had fallen into
Q2 GDP shows economy back to pre-COVID levels, but private consumption lags
With Q2 GDP growth higher than RBI’s projection, it’s time to start normalising monetary policy
GDP noses ahead of pre-COVID-19 levels, but don’t pop the champagne yet
To assess how far the economy has recovered from the piling rubble of COVID-19’s devastation, it will be more prudent to compare the current year’s metrics with that of 2019-20, the immediate pre-COVID-19 year.
Grow up Visa, compete and not complain
Visa might be a global giant, but it will have to think local to survive and prosper in India
Zero transaction fee at the heart of Visa’s complaint about RuPay
Incumbent card networks face pressure from alternative real-time payment systems in many countries
Farm Bills Repealed | Will this change political equations in Western Uttar Pradesh?
Farmers’ protests, and the repeal of the three farm laws are not the only factors that will influence the 2022 poll results in Western Uttar Pradesh. The scars of the 2013 Muzaffarnagar riots, and counter polarisation are important factors
