opinion

JSW Steel’s Bhushan Power buy coincides with tough steel market conditions

The NCLAT verdict clears the path for JSW Steel to acquire Bhushan Power & Steel, giving it a large steel plant in Odisha

Startup Corner | Oyo needs to find a path to profitability -- the sooner, the better

Mounting losses, fast-paced expansion in almost everything, retrenchments, governance issues and inflated valuation metrics may emerge as speed breakers for Oyo

Health | Coronavirus exposes India’s weak healthcare foundation

While the current situation of COVID-19 in India is not a cause for alarm, this is another reminder that our public health system needs to be strengthened to face such situations.

Chart of the Day | A dead cat bounce in loan growth

Bank of America-Merrill Lynch's loan growth indicator says that loan growth will again fall after seasonal spurt in March.

SEBI’s amendment for MF distribution unlikely to have the desired effect

Asking investment advisors and distributors of financial products to segregate their services is unlikely to change the ground reality

Chart of the Day | Ten takeaways from Bank of America February global fund manager survey

Asset managers remain bullish

Policy | Coronavirus exposes the brittleness of China’s economic prowess

The COVID-19 outbreak has not only brought to fore the employment uncertainty workers face in the service sector but has also showed China’s incapacity to come up with a formal solution to this. This is a problem that echoes in India as well.

Politics | AAP’s victory makes a case for a strong city-state in India

AAP's success in Delhi will strengthen the argument for more spending on subsidies towards public schemes at the state and central level.

Chart of the Day | IBC recoveries fall

Overall, banks have recovered around Rs 1.5 lakh crore, at a recovery rate of 43 percent since the IBC process started.

Power sector stress spreads to new areas

Mounting discom dues threatens to add NPAs in power sector, especially in renewables. In the coal-based sector, only 5.9 GW of the 41GW capacity that is stressed has achieved resolution.

Policy | The economics behind AAP’s freebies and its viability

While the AAP government is not running its schemes by borrowing money, Delhi’s revenue surplus is coming down with each passing year and its fiscal deficit is growing.

Corporate India’s poor Q3 numbers were a trailer, Q4 could be worse

Topline growth has slowed down further, but the surprise is the drop in net profit despite the corporate tax cut

A cold hard look at India’s growth model

A research paper by Arvind Subramanian and Rohit Lamba says Indian underperformance in broader categories of development is not an aberration that time will necessarily correct

Politics | Will Congress address the elephant in the room?

Montek Singh Ahluwalia’s anecdote, about Rahul Gandhi’s 2013 ‘tear-the-nonsense-ordinance’ comment, is a reminder of the festering problems the Congress is yet to satisfactorily address.

DoT should insist that incumbent telcos pay up soon

Even if incumbent telcos wanted to contest legally, they could have paid LF & SUC “under protest” to save on interest, and penalties, which is almost now 70 per cent of the total demand of about Rs 1.7 lakh crore.

Coronavirus epidemic: Can India become the industrial world’s Plan B?

The short term effects of China’s virus epidemic on India’s industry will be felt. Some may benefit. But the bigger opportunity lies elsewhere.

Chart of the day | Paying the AGR dues

The Supreme Court’s order to pay up dues is a moment of reckoning for affected telcos

A flood of cash dampens virus fears

China equity funds took in fresh money for the 11th time in the past 12 weeks

Let gasping gas plants breathe freely

A sharp drop in natural gas prices offers government the opportunity to reignite gas-based power units

Politics | Is BJP losing the anti-corruption narrative?

Appointing Vijaynagara MLA Anand Singh, who has cases against him under the forest Act, as Karnataka’s forest minister punches a gaping hole in BJP’s ‘zero tolerance towards corruption’ slogan.

Monetary Policy: Non-standard steps, a seventies’ feel, and some risks

Sector-specific boost and forbearance, and yield control are not without their share of risks

The one risk investors in sugar mill stocks should watch out for | Corporate Corridor

A sharp decline in output in the 2019-20 sugar season has helped sugar prices firm up globally

Policy | Is the bullet train a priority?

Across the globe, most of the bullet train and high-speed train projects are shelved as they lead to long-term liability for the state governments by setting aside a considerable subsidy bill to sustain the capital invested.

WhatsApp Pay could change digital payments landscapes in India and globally

WhatsApp’s acceptance and popularity among Indians is a key advantage for its payment offering Whatsapp Pay