The biggest lesson of GameStop
An economy in which individual fortunes are so closely tied to the health of the stock market rather than income growth is fragile
What the January RBI surveys tell us about the strength of the economic recovery
A majority of urban consumers say their incomes and jobs have suffered in the past year
M&M leaves Ssangyong behind, but has a rocky road ahead
M&M faces twin challenges of supply chain disruptions and capital allocation
NTPC's and Tata Power’s green energy bets await returns’ test
NTPC and Tata Power are progressing well on their renewable energy ambitions. But as the business gains scale, investors will want to know how they are faring on profitability and return ratios
Why police reforms never took off
A 2019 report by Common Cause found that a third of policemen had experienced political pressure while investigating a crime and two thirds felt that the cost of incurring the wrath of the political masters was transfer
Stock Exchanges | The more the merrier?
It is hard to argue against SEBI’s intent to foster competition for stock exchanges and depositories. However, it is unclear if adding more stock exchanges will accomplish the desired outcome
Will an Indian city be the next capital of the world?
What determines a city’s ability to attract, nurture and retain the most creative and talented people in different fields of human endeavour is its cosmopolitanism, cultural, social and political vibrance, as well as opportunities for people to monetise their various talents
It’s a good time for Atlas cycles to make a comeback
As COVID-19 has changed the economic scenario, it may be a good time for heritage businesses to innovate, and even re-launch old classics
The Reading List: February 5, 2021
A selection of articles and social media gems from the world of economy, business and finance
Power, patriotism and 1.4 billion people: How China beat the virus and roared back
With equal measures of coercion and persuasion, it has mobilised its vast Communist Party apparatus to reach deep into the private sector and the broader population
How to win at the stock market by being lazy
The stock market has offered a path for ordinary people to build wealth — and more so in the last generation than ever before
Loss of goodwill in M&A forever
The depreciation on goodwill is always an essential element in calculating post-tax return of an acquisition proposal and would severely impact payback calculations of every M&A deal, and the corresponding negotiations in the bid or offer price for an asset
Budget 2021 is a sigh of relief for startup ecosystem
The startup ecosystem is now ready to draw upon its structural strengths such as the availability of a strong talent pool combined with a large amount of foreign capital flowing into the ecosystem
Monetary Policy Review | RBI tries to manage bond market expectations
The central bank announces support measures to keep yields down in the post-Budget review, but investors expect more
Silver surge could signal coming commodities boom
Silver is likely to play a core role in the next commodity super cycle
Interview | Overheating is possible a year down the road, says economist Indira Rajaraman
Dr Indira Rajaraman, economist, is 'encouraged by the direction in which the government is going' but highlights the need for efficient deployment of investment
Is cash push enough to energise power sector?
Political will of state governments crucial to make reform-linked investment in power infrastructure a success
Scrappage policy for old vehicles is good, but not enough
The scheme should be part of a larger effort to steer the Indian car owner towards electric vehicles
India cries out for judicial reforms
Commercial disputes often take an inordinately long time to get settled. In particular, India fares extremely poorly in contract enforcement
The need to spend by US without delay in battling the coronavirus
The virus is not under control yet, so the economy badly needs help
Securities Markets Code | Rewrite from scratch existing laws to form new legislation
The big question is whether the new securities market code will merely combine the multifarious provisions into one place with minor fine-tuning, or whether there will be a thorough revamp to reflect current and future challenges
Budget 2021 has Rishabh Pant’s swashbuckling cover-drives and Cheteshwar Pujara’s watchful defence
Budget 2021 was daring with its allocations and infrastructure push, and at the same time watchful about fiscal consolidation and credible projections
Budget 2021 | Steel industry gets a slap on the wrist
The cut in import duties may not hurt steel margins by much but if companies don’t heed the warning, worse may lie in store
How the race for renewable energy is reshaping global politics
As the transition from fossil fuels to clean energy gathers speed, what does it mean for the balance of power?
Moody’s warns of India’s high fiscal deficit
The rating agency says India’s debt burden has risen further above the Baa-rated median and its debt affordability remains the weakest among Baa-rated peers
