For China’s business elites, staying out of politics is no longer an option
China’s actions against Didi are a strong signal to discourage listings of Chinese tech companies in the United States
Behind the clash at OPEC: Growing competition in the Gulf
The UAE’s growing aspirations are clashing with those of its powerful neighbour, Saudi Arabia, as both try to gain clout
What tax collections tell us about the health of the economy
Stellar revenue collections bode well for the finances of the government. The worrying aspect is the reasoning around direct taxes which portends to widening inequality
Moneycontrol Pro Panorama | It’s all adding up as IPOs take centre stage
In today’s edition of Moneycontrol Pro Panorama: IPO rush hour, liquidity line for startups, NMDC stake sale, price tag for carbon, the oil worries, a McKinsey paper and more
NMDC: What lies ahead for investors?
The government’s stake will fall to 60.8 percent if the OFS is fully subscribed, with narrow headroom left for further stake sales
When it comes to mutual funds, market sense is better than fund manager sense
Investors in the US appear to support passively managed funds. In India it appears that the underperformance of actively managed funds against passively managed funds has not caught the attention of investors
Lex | Global carbon pricing: too important to leave to governments
There is a wide variation at play – While the price of carbon has jumped to €58 in Europe, Mexico prices it at just $3!
India Pesticides IPO reflects the success of Indian chemical industry
Indian chemical companies are gaining scale in chosen products. The sector is projected to grow at a faster pace than the global chemical industry
McKinsey study shows rich getting richer, big getting bigger, in last 25 years
Between 1995 and 2019 in the US, the richest 10 per cent of US households increased their share of equity, pooled funds and retirement savings by seven percentage points to two-thirds of the total, largely at the expense of the next 40 per cent of households
30 Years of Economic Reforms | Forced to change for the good
The economic reforms initiated in 1991 were largely out of compulsion to avoid the government defaulting on its debts. Yet, the fact that India chose to massively reform the regulations instead of some other alternative has had lasting positive effects
Economic recovery may slip on OPEC deadlock
As fuel price reforms hang fire, Centre’s move to diversify sourcing of oil could provide some cushion against future crude shocks
It’s morning in Joe Biden’s America
The impressive job gains are in contrast to widespread claims that businesses couldn’t expand because of generous unemployment benefits
Without RCEP, India’s Indo-Pacific and North-East vision unattainable
India’s opting out of the RCEP despite two QUAD members pushing for it goes against New Delhi’s Indo-Pacific and North East Region development goals
Moneycontrol Pro Panorama | OPEC+ standoff threatens oil price flare-up
In today’s edition of Moneycontrol Pro Panorama: Macro readings look better, the oil trouble, a potential market steroid, Shankar Sharma’s take on reforms, bankers’ concerns, the Green Pivot, pre-earnings updates, reverse swing on oil and much more
A $140bn asset sale: the investors cashing in on Big Oil’s push to net zero
The pressure on listed oil majors could have unintended consequences if production passes to private or state-owned companies
Bankers don't share the same enthusiasm on the recovery as markets do
RBI survey shows bankers pessimistic about post pandemic recovery
During the 1991 economic crisis, I asked an astrologer about India’s future: Shankar Sharma
For me personally, and for my contemporaries, it is a bittersweet realisation that had it not been for the 1991 economic crisis which forced India to liberalise, India’s economic trajectory would have been different
The implications of China banning the Didi app
If we play our cards smartly, China’s loss could be India’s gain
With US troops gone, Afghanistan is a disaster waiting to happen
India has been the largest regional contributor to Afghanistan’s reconstruction while keeping away from entering into any kind of defence relationship with the country
The Green Pivot | Opportunities and risks in Amara Raja’s new energy gamble
The dilemma for the auto OEMs and components makers presently is “to do or die” amid the sure shift towards green technologies.
Moneycontrol Pro Panorama | Clouds remain, is the silver lining visible?
In today’s edition of Moneycontrol Pro Panorama: No PMI relief, rough patch for rains, Marico’s investor update, Voda Idea’s struggles, 30 years of reforms, the Green Pivot, GuruSpeak and more
30 Years Of Economic Reforms | Taking stock of Indian banking
Indian banking has come a long way since 1991. The private banks have played an instrumental role in this transition bringing new technology and products to the banking space. However, despite this, Indian banking is still a work in progress on some core issues
Mayawati’s existential crisis in Uttar Pradesh
Mayawati faces a do-or-die battle in Uttar Pradesh next year. The BSP risks losing relevance and ceding the main opposition status to the SP unless she improves the party’s visibility, communication and strategy
What happens if Chinese household wealth is unleashed on the world?
Tentative steps at liberalisation reflect fears over the strong renminbi and risks of a bubble in domestic markets
This is as good as it gets for the US economy
America has already been through a renaissance — it is unlikely to be reborn again
