Europe must come clean about Green Deal
India’s concern stems from the fact that one of the proposals envisaged in this deal is the implementation of a carbon border adjustment mechanism (CBAM), which is basically a tax on imported goods based on their carbon content
Is Bitcoin the new Gold?
A user can buy, sell, hold, or spend Bitcoin using PayPal’s wallet. With 346 million users, Paypal can take Bitcoin to a different orbit.
Why can’t India’s start-up ecosystem produce a BioNtech or a Moderna?
The funding pattern in India's start-up ecosystem has been largely imitative and driven by quick returns. There has been little scope for impact investing which aims at the triple bottom line of people, planet and profits
Corporate investors mean business on fighting climate change
Thirty eight investment firms, including JP Morgan Asset Management and Fidelity International, part of an industry coalition that has named itself the Institutional Investor Group on Climate Change, have sent a document to 36 ‘carbon heavy’ companies outlining what their expectations are
Can Amit Shah clinch a power-sharing pact with defiant AIADMK?
Tamil Nadu BJP leaders are elated over Amit Shah’s visit at this crucial juncture, and they expect him to bring the AIADMK to the negotiating table and clinch an alliance for the 2021 polls on the BJP’s terms
Tata Steel Europe’s final gambit in play
Tata Steel’s decision to sell its profitable Netherlands business may leave it with a struggling UK steel business
Vaccine arrival expected to trigger dollar slump in 2021
Analysts predict the currency could fall 20% if widely available coronavirus jab leads to economic rebound
We should see a top in asset prices in the current quarter or early next year
A net 36 percent of global fund managers are overweight emerging markets, the highest level since February 2020, says Bank of America survey
Why NBCC's giant order book inspires limited confidence
NBCC’s order book more than tripled in five years to FY20. But its revenues lagged on slow execution and weak asset monetisation
Growing out of the pandemic
Improving economic and health environment comes with caution
Interview | We expect to end FY21 with high single digit growth, says Vibha Padalkar, MD and CEO of HDFC Life Insurance
Focus on balanced distribution and product mix has come to HDFC Life’s rescue, said its head explaining how the insurance company has recovered stronger and faster from the COVID-19 in comparison to industry peers
Are higher equity market returns the result of a lower share of income for labour?
An NBER research paper lays bare the conflict between the interests of shareholders and that of workers
HAM road projects makeover a positive, but leaves existing developers hanging
The key change of linking interest rate on HAM projects to the average MCLR of the top five scheduled commercial banks is a big positive
Christine Lagarde on her plans for the European Central Bank
One year into her eight-year term at the bank, Lagarde, 64, hopes to use her experience not only as an international lawyer, former French finance minister and head of the IMF but as a woman to accelerate change, with a particular focus on saving the planet
Recession with a difference: Women face special burden
Many women worry that the changes will sharply narrow women’s choices and push them unwillingly into the unpaid role of full-time homemaker
LVB-DBS merger is job well done. But don’t rest on your laurels, RBI
For every Yes Bank or Lakshmi Vilas, there are countless other cooperative banks where depositors have a long wait to access their money
Kamala Harris joins a long list of women world leaders
Kamala Harris’ election victory is a uniquely American achievement. It is also a reminder that the US, a country known for pioneering advances in so many areas of human endeavour, needed till 2020 to breach the last barrier remaining — that of gender
Historic vaccine boost for value stocks sparks debate on market reset
Astounding switch into unloved industries breaks records
In its transition as senior partner, BJP faces challenges in Bihar
Now despite having more seats than the JD(U), infighting in the BJP, a weak party organisation, a lack of popular state leaders and dependence on Narendra Modi, has meant that the national party will continue to play second fiddle to the regional party
Interview | We are bullish on growth, but an anticipated rise in input costs could test margins, says Apollo Tyres MD
The domestic tyre industry has scope to improve productivity and infrastructure remains an issue, says Apollo Tyres' Neeraj Kanwar
The tales economists spin
A new IMF working paper titled ‘Crouching Beliefs, Hidden Biases: The Rise and Fall of Growth Narratives’ looks at the changing orthodoxy on economic growth. But, as Eugene Fama says, is the business of central banks really like pornography?
Q2 results show Apollo Hospitals better placed on earnings, but Fortis is closing in on recovery
Both Apollo Hospitals and Fortis Healthcare see notable recovery in hospitals business in the September quarter. While Fortis expects the business to normalise by June next year, the recovery in retail healthcare centres can aid Apollo’s earnings
Coal mine auction — Anxious wait for winners
Legal issues should have been sorted out before the start of the electronic bidding process
Biden calls for stimulus ahead of a ‘Dark Winter’ for the country
Biden gave his first major policy speech since he won the election after participating in a virtual meeting with business and union leaders, including the chief executives of General Motors, Microsoft, Target and the Gap and the head of the United Auto Workers
Biden’s China policy? A balancing act for a toxic relationship
The hard choices for Biden will include deciding whether to maintain tariffs on about $360 billion worth of Chinese imports, which have raised costs for U.S. businesses and consumers, or whether to relax those levies in exchange of concessions on economic issues, or other fronts, like climate change
