What should Franklin Templeton debt scheme unitholders do in crucial vote?
The worst case scenario for Franklin Templeton unitholders is far better than what it was in April, when the fund was arbitrarily shut. Unitholders can use the vote as a bargaining tool and demand more clarity.
Krishnapatnam port turnaround a shot in the arm for Adani Ports & SEZ
Adani Ports has scaled up Krishnapatnam port’s profitability significantly reducing costs and improving realisations
Warner Bros' movie streaming decision is a potential threat to Indian multiplexes
The pandemic’s impact on the cinema business may be felt for a long time to come
Allowing old coal-fired power plants to continue operations is a shocking proposal
Allowing polluting thermal units to operate beyond a stipulated time period contradicts the central government’s clean-energy drive
Politics | Have the KSFE raids exposed the fissures within the CPI(M)?
Of late, the Pinarayi Vijayan-led Left government in Kerala is in the news for the wrong reasons: from the gold smuggling case to the KSFE raids, which seems to have opened rifts within the ruling CPI(M)
Why JSW Steel is keen on closing its Bhushan Power & Steel acquisition
A changed industry scenario makes it easier for JSW Steel to absorb the weight of the acquisition
Listen to Supreme Court comments on economic value of trees
Till now, the forest department has evaluated trees mainly on the basis of their timber value. But as knowledge about the positive impact of trees on the environment has grown in recent decades, the cost benefit analysis has changed
Airbnb IPO: a barometer for travel after the pandemic
Airbnb’s decision to list its shares is a significant moment for America’s capital markets, especially given the preference of many Silicon Valley companies for private funding
Factors that could halt the bull market charge
Investor hubris can be pierced when expectations of further gains are as strong as they are now
Legal Matters | A law to set communities against one another
While Uttar Pradesh’s new anti-conversion law is aimed at checking religious conversions, it will also ensure that religious communities are perennially suspicious of each other, and act even more exclusionary
Rallis India reaffirms positive farm sentiment, but expectations are tempered
Rallis India, PI Industries and Dhanuka Agritech are all optimistic of growth picking up, going forward. Progress in the rabi crop season and good water availability are giving hope to the farm sector
Bhopal’s long night of horror shows no signs of ending
Over three decades later, no one is guilty of perpetrating this terrible crime. It is important to recognise that Bhopal’s gas tragedy isn’t just about the sheer injustice meted out to the survivors
Legal Matters | Article 32 has outlived its original ideal
Whatever be the merits of the Supreme Court’s ruling, a system where judges can lay down law unfettered by independent judicial scrutiny, is antithetical to the rule of law
Paul Krugman writes: Learn to stop worrying and love debt
The new paradigm suggests both that public debt isn’t a major problem and that government borrowing for the right purposes is actually the responsible thing to do
The Reading List: December 4, 2020
A growth supportive monetary policy
There is no doubt that the RBI has done the heavy lifting to support growth in these exceptional circumstances. However, excess liquidity creation amid growing concerns about inflation and fiscal slippage will continue to interfere with market dynamics
Foreign Affairs | Winter has come on US-Iran ties
There are many winters’ tales about Iran and the United States, but unlike William Shakespeare’s romantic comedy, none of them are either comic or romantic
Why Rajinikanth’s entry into politics is not exciting news
In the past, Superstar Rajinikanth has never missed an opportunity to procrastinate his entry into politics. So, this time let’s not get excited, and wait till he launches a party and takes the plunge
Why India is far from being a one-party state
Data shows that though the BJP is expanding its footprint across India, the regional parties are still a force to reckon with in Indian politics
No rate cut, but doves continue to coo during MPC meet
RBI maintains accommodative stance, ignores ultra-easy liquidity conditions
Chart of the Day: Food inflation is on a roll
International food prices hit a 6-year high
What puzzles and poker teach us about misinformation
We cannot escape our emotions, but clear decision-making requires that we notice them and take them into account
Interview | We will definitely grow better than 15% this year, says MD of Muthoot Finance
We have solid risk management capabilities and ample room for growth, as we have been a focused player in the gold financing business for many decades, says George Alexander Muthoot, MD of Muthoot Finance
Recovery signs visible at capital goods companies, government support crucial
With workers returning, execution is normalising. Customers are investing in efficiency improvement measures. Orders are emerging from new age industries and efficiency improvement investments by clients
Indian fliers need a revitalised Jet and Air India
A reasonable number of airlines, with healthy financials and sound management make for a consumer-friendly combination
