Random portfolio rejigging of RBI deputy governors needs to stop
The responsibilities of RBI’s four deputy governors need to be defined and given proper titles and job roles. This will ensure that specialists are chosen for these roles, and will signal to the government that appointments need to be made in time as departments cannot be transferred that easily
What has Nitish Kumar’s economic track record been in the last five years?
It’s very likely that the economic disruption resulting from the pandemic, the lockdowns and the return of migrant labour would overshadow any earlier good work done on the economic front
The politics of combating COVID-19 infection
The Calcutta High Court has imposed restrictions on the Durga Puja celebrations
The good, bad and ugly of soaring tech stocks
There are two ways to look at the market’s rise
Investors opt for the ‘do nothing’ trade ahead of US election
Polls point to a clear win for the Democratic party on November 3, potentially on a scale large enough to take the presidency and both houses of Congress
Coal India’s volume recovery needs sustained support from thermal power
Coal India continues to see healthy growth in coal offtake, helped by improvement in thermal power generation
Google up against laws that thwarted Microsoft (and others since 1890)
According to the Justice Department, the laws are more than enough to successfully challenge Google’s monopoly behaviour
It’s Google’s world. We just live in it
It has become the tech brand that dominates my life — and probably yours, too
The lesson for FMCG investors from HUL’s results lies in the margin
The underlying theme — whether in urban or rural — is one of price sensitivity of the consumer having gone up. Consumers are going to compare brands and promotions and buy those products where they see the most value
Can BJP break from JD(U)’s shackles in Bihar?
The BJP has somewhat succeeded in emerging as an opposition within the NDA in Bihar. While the people are angry with Nitish Kumar for underperformance in his third term, the BJP has emerged largely unscathed
SEBI is catching up with front-runners
SEBI’s recent move to nab alleged front-runners is commendable, considering the scant regulatory base of just one clumsily drafted clause against front-running. The gaps against front-running are partly filled by a Supreme Court decision and a SEBI circular
Chart of the Day: RBI study shows small firms were massacred in the June 2020 quarter
Even in the first quarter of 2019-20, long before the pandemic struck or lockdowns were thought of, smaller firms saw sharp contraction in sales
Interview | If you are positive on India, you have to be positive on the markets, says Sunil Singhania of Abakkus
Month-on-month economic data has been positive and most companies have seen an uptick in sales. The economy is keeping pace with the stock market and Nifty earnings will see a growth this quarter, says Sunil Singhania, founder, Abakkus Asset Manager
Why the government is justified in giving PSUs a choice between buyback or capex
Till date, the government has raised less than three percent of its Rs 2.1 lakh crore divestment target for the current fiscal
The threat of long economic Covid looms
The second waves of the disease now crashing on to many economies will make this worse
What will Xi’s China do next?
Here are three books that allow the reader — and the next US administration — to prepare for what China may do next
A tortuous journey for electric vehicles
Policy must be geared towards affordability so that sufficient demand is generated
How ACC’s cost saving programme is yielding disproportionate earnings benefits
ACC reported a healthy expansion in operating earnings despite subdued sales volumes. The company is benefiting from steady realisations and cost efficiency measures
Oil industry turns to mergers and acquisitions to survive
But many investors are not sure such deal making will be enough to protect the industry from a sharp decline
Profit reports may provide antsy investors a new focus
Analysts are predicting that the companies in the S&P 500 will report a decline in profits of about 20 percent for the three months through September
Additional government borrowing is a key step to break the impasse
The clarity in the government announcement should help in reducing uncertainties and anchoring market sentiment over the coming weeks, especially given the intelligent selection of the maturity buckets for the additional borrowing that enjoy strong demand
A vacuum in Dalit politics in the Hindi heartland
As the forthcoming Bihar assembly polls might show, Dalit assertion is at the risk of getting subsumed within the two big national parties, the Bharatiya Janata Party (BJP) and the Congress
Hero MotoCorp needs to look beyond rural markets to sustain leadership
Analysts reiterate the need to push through the three-pronged approach spelt out by Hero, which includes strengthening presence in motorcycles through higher penetration in the premium segment, improving presence in scooters and revving up exports
Chart of the Day: V, U or ‘Swoosh’? What will the recovery look like?
IMF estimates show that Bangladesh, Vietnam and China will see growth this year despite the pandemic
