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
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
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
How will a CBDC be created? Will the RBI use its centralised ledger system or use the decentralised blockchain model to create it?
Manufacturing PMI signals India is seeing the strongest pace of expansion in Asia
The spectacular effectiveness of Pfizer’s Covid-19 shot has given the company the key to saving lives and economies
Loans for buying consumer durables and credit card outstandings saw strong m-o-m growth in October, followed by trade advances
The central government’s fiscal position is now much better than it was before the pandemic
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
With Q2 GDP growth higher than RBI’s projection, it’s time to start normalising monetary policy
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.
Visa might be a global giant, but it will have to think local to survive and prosper in India
Incumbent card networks face pressure from alternative real-time payment systems in many countries
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
Stéphane Bancel foresees ‘material drop’ in effectiveness of current jabs against new variant
India has made significant progress in ensuring access to energy to millions of rural businesses and microenterprises, and now the focus should shift to the next phase of ensuring reliable energy and enabling productive use
The introduction of the cryptocurrency Bill is only the first step. As technology evolves, the law will catch up. It is also hoped that the contours of the law will encourage innovation, and use of technology to expand financial markets
Compliance as a Service (CaaS) providers are leveraging the power of blockchain technology to create an ecosystem that delivers top compliance, regulatory, and transaction monitoring, all under one roof
Order inflows remained firm despite a disappointing financial performance in the first half of the current fiscal year
The stocks had run up by 70-80 per cent over a year. Hence, a drop in stock prices would make the risk-reward equation for investors more favourable
Price hikes will pinch the consumer’s wallet but lend an edge to earnings although it could put demand at risk
It is not the electoral debacles of the Congress alone that have made political competitors sense an opportunity, it is the perceived reluctance of the party to reinvigorate, and resuscitate itself
So much of Indian contracting is for show. It’s a way for parties to tell each other what matters to them and who the boss is. It’s only when breaches are egregious and perhaps catastrophically damaging that people re-read contracts after signing them
Calm trading conditions are increasingly interspersed with sharp bouts of volatility
Instead of rushing through the T+1 settlement cycle, SEBI could learn how the shortening of settlement cycles was implemented in the past, by charting out a definitive pathway for implementation and having extended deliberations with all segments and classes of market participants through a SEBI Committee
