Supreme Court steps in where states do not care to tread
States have followed the Union government in tweaking labour laws, but often without the restraint shown by the Centre
New port acquisition, volume recovery put Adani Ports firmly on growth path
Adani Ports business volumes recover after a sharp fall in June quarter. While sustainability of the recovery is crucial, the Krishnapatnam acquisition provides new growth avenues for the company
GST dues — Make the best use of extra time
Back channel talks should be opened in the interim to help the GST Council reach a consensus at the next meeting on the issue of compensating states
‘The coal industry is back’, Trump proclaimed. It wasn’t
Despite Trump administration rolling back environmental regulations, coal’s decline has only accelerated in recent years
In Periyar’s land, BJP switches to a soft-Dravidian line
In a major U-turn, the BJP in Tamil Nadu is seen as acknowledging the contribution of Dravidian leader Periyar to society. This might be a move with the assembly elections on mind, but given the resistance within the party, it has to be seen for how long the BJP can toe this line
Are the new RBI MPC members hawks, doves or owls?
The vast body of their writings across books, articles in newspapers and periodicals, and academic articles offers some clues
Chart of the Day | September composite PMI data add to signals of economic recovery
Green shoots of a recovery are now visible in the PMI data, GST collections, exports and mortgage demand, but bank credit growth continues to lag
Life for Vedanta’s shareholders after the delisting offer
Whether Vedanta eventually gets delisted or not, the offer is a wake-up call for investors to rethink their exposure
LIC: The pros and cons of a foreign listing
With the government desperate to raise funds, the next round of dilution of LIC could be in the near future, resulting in an upward cap on any price movement
Passenger vehicle sales recovery strengthens Tata Motors’ reorganisation efforts
Tata Motors’ passenger vehicle sales see a sharp recovery. Sustainability of the positive momentum beyond the festive season is important
India has tech smarts to build a rival app store, but platform monopoly will be hard to break
A rival app store might be a sub-optimal choice for most companies and a needless distraction from their core business. The wiser course would be to nudge the government into antitrust action and set fair rules
Big companies are starting to swallow the world
Corporate concentration has grown significantly in recent years, bringing with it increased corporate profits and a falling share of income going to workers, shows research
The pandemic depression is over. The pandemic recession has just begun
Sectors that in theory shouldn’t be much affected by the pandemic at all are showing patterns akin to a severe recession
Story in charts | Did investment demand revive in the September quarter?
No, it fell further from the June quarter. Sentiment still remains muted
Tax litigation: A case of no returns
About 66 percent of our direct tax cases together add up to a paltry 1.8 percent of total amount under tax litigation. It will be more efficacious for the government to simply abandon those claims
How COVID-19 shook up the world and set Indian IT on multi-year growth path
TCS to kick start the earnings season this week. The IT major may report a recovery in dollar revenues indicating recovery in Indian IT
SEBI’s new conduct rules much needed but fund managers may turn risk-averse
The market regulator is reacting to cases of governance lapses at some mutual funds with a new code of conduct
New defence purchase policy a mixed bag
The government has tweaked the defence acquisition policy by changing the offset requirements while keeping the emphasis on local manufacturing
CAG stirs the GST compensation pot
National auditor’s findings could set the tone for the crucial Council meeting on Monday
Vodafone Case | The world is watching India’s next move
The legislative manoeuvring that India tried by retrospective amendment of its tax law to circumvent the Supreme Court judgment has failed to meet fair and equitable standards under its treaty obligations
Will China lead the global fight against climate change?
It is important to note that China’s efforts to cut emissions so far have been more about pragmatism than climate leadership. Pollution and other environmental threats are increasingly seen as threats to the communist party’s standing
Air travel woes: A time to reminisce about the lost romance of sea voyages
As COVID-19 continues to keep international flyers from taking to the skies, it is a good time to reminisce about the world of international travel before jets compressed time and made distance immaterial.
Moneycontrol Pro Weekender | Chaos Theory
A delayed or close election, which could lead to a round of legal wrangles, is the last thing nervous investors want, especially when COVID-19 cases are still rising.
How COVID-19 is shaping India-Africa ties
COVID-19 will reshape Africa's ties with China and this would present India with yet another opportunity to build on the existing base of its partnership with Africa
