'The current budgetary practice of shifting expenditures off-balance sheet in order to be seen to be meeting fiscal targets should be discontinued; additional fiscal stimulus would be imprudent; individual income tax rates should not be cut; GST rates should not be raised now,' advise Arvind Subramanian and Josh Felman.
Ishan Kishan believes India must solve their middle-overs slowdown and adapt better to English conditions to find the extra runs after suffering a four-wicket defeat against England in the second T20 International in Manchester on Saturday.
The Strait of Hormuz crisis is impacting lifestyles worldwide, from reduced gold purchases in India to energy conservation in Europe and Japan, as governments urge citizens to adapt to the global energy shock.
Virat Kohli expressed his fondness for the Chinnaswamy Stadium after Royal Challengers Bengaluru secured a victory against Gujarat Titans.
'Even if the war ends tomorrow, which is unlikely, and we go back to the pre-war status quo, the world will still need some time to get over the sudden shock of oil price increases.'
'Credit growth in India remains in double digits, even though corporate borrowing is subdued.' 'Corporate credit is weak because companies are cash-rich and cautious amid global uncertainty.'
There are vexing questions around the disconnect between Nifty returns and portfolio returns, between economic growth and earnings growth, and finally, between earnings growth and market returns, points out Debashis Basu.
Jemimah Rodrigues played the innings of her life, slamming a century for the ages as India pulled off a record chase to storm into the Women's World Cup final after a five-wicket victory over defending champions Australia in Navi Mumbai on Thursday.
Gross GST collection increased 7.5 per cent to about Rs 1.96 lakh crore in July on higher domestic revenues and taxes from imports. Gross Goods and Services Tax (GST) mop-up was Rs 1.82 lakh crore in July 2024. Last month, the collection was Rs 1.84 lakh crore.
'The kind of reach it has with so many bank branches even in the remotest part of the country, it is one channel which will play a very important role in vision of insurance for all.'
'What is working is quality management, great teams, engineers, platforms, and highly differentiated services.'
AI and machine learning remain the top focus areas, followed by software development (36 per cent) and cybersecurity (35 per cent).
United States President Donald Trump on Sunday warned of new and significantly higher tariffs on Chinese goods if Beijing does not withdraw a recent 34 per cent retaliatory tariff hike, threatening to end all ongoing talks with China.
'If you look at the order books of capital equipment companies or money deployed on the ground, there is forward movement in terms of actual investment by the private sector.'
Trumponomics, poor growth, and high valuation certainly don't make a bullish recipe for Indian markets, warns Debashis Basu.
'The current crisis is one of incomes, driven by poor job growth, agrarian distress and poor investment sentiment,' notes Harsh Pati Singhania, director, JK Organisation.
'Corporations that were recruiting 15 or 20 [students] have reduced the number to two or three.'
Risks emerging from slowdown in the global economy will not overwhelm the Indian economy and pose "no great danger" for the country, Prime Minister Manmohan Singh said on Friday. He said risks from the global slowdown are "acceptable ...and as of now I think there is no great danger that these will overwhelm us or derail our economy".
There is a need for tax reforms in the country in a bolder way, Singh said.
He also said an impressive industrial growth of 16.8 per cent in December suggests the economy will grow by over 7.5 per cent in 2009-10 and over 8 per cent in the next fiscal.
According to the QNB Group report, the growth in emerging markets -- from Brazil to Indonesia, Russia and South Africa -- is slowing down, partly reflecting the tightening of domestic policies by these countries last year to stabilise foreign exchange rates.
In the first quarter (Q1) of the ongoing financial year ending June 30, Westlife Foodworld, which operates McDonald's outlets in the South and West, reported an 88 per cent drop in net profit. While net sales remained flat, its same-store sales growth (SSSG) fell by 6.7 per cent, impacted by "subdued in-store business, although the off-premise segment saw positive same-store sales", the company said.
'Asset allocation should be driven much more by long-term factors rather than the market scenario at any particular point in time.'
'With China falling out of favour, India is where investors see the demographic and digital dividend apart from the benefits of reforms playing out.' 'Your prime minister has also done a great job of sharing this story with the world.'
It has been a slow year for the Indian media and entertainment (M&E) business. After two years of double-digit growth, it grew at just about 8 per cent in 2023 over 2022. It now stands at Rs 2.33 trillion in advertising and pay revenues.
Moreover, automobile and consumer durables players are slashing their ad expenditure by over 65 per cent this Diwali.
India will equal China's 4.9 per cent share of world GDP in 2005 by the middle of next decade.
Chinese automakers Great Wall Motors, FAW Haima Automobile, and Changan Automobile, after dithering about entering India for some years, have been encouraged by the robust sales performance of the late entrants Kia Motors and MG Motors even in a slowing market.
India decisively withstood global headwinds in 2023 and is likely to remain as the world's fastest-growing major economy on the back of growing demand, moderate inflation, stable interest rate regime and robust foreign exchange reserves. Despite widespread pessimism witnessed among the developed nations and the worsening geopolitical situation, India recorded a gross domestic product (GDP) expansion of 6.1 per cent in the March quarter. The growth moved up to 7.8 per cent in the June quarter and was 7.6 per cent in the September quarter. For the first six months of this fiscal, the growth was 7.7 per cent.
Certain changes in the past two or three years could have a long-term structural impact on the IT services market.
'The Indian economy is expected to grow in terms of per capita income and GDP, and with that, the luxury segment becomes more relevant.'
120 new malls came up in last two years, but 30-40 of their older peers downed shutters
'More than investors, fund houses, and advisors have raised caution and limited flows on small-and mid-caps.'
'AI may perform tasks, but deep expertise and specialisation remain uniquely human.'
'The focus is more on the outlook for global growth'.
The reason, he said, was the external environment was weak.
Bengaluru-based Prestige Estates Projects recently said it aims to double its annual residential sales bookings to Rs 25,000 crore by FY26 from its current markets and others such as Mumbai, Pune and National Capital Region (NCR). The company's chairman and managing director Irfan Razaq tells Raghavendra Kamath about his plans to achieve the target and outlook for the real estate market.
'AI is not a new thing for us. We started our AI journey in 2015.'
After two years of growth in the 4 per cent to 5 per cent range, the gross domestic product is expected to increase more robustly in 2015, growing to an expected 6.4 per cent.
Already there are offers galore for everything, from loans on lifestyle products and even homes. Confusing it is, when you have to choose from the multitude of promotional offers to get the best product. A few guidelines before you go on that festival binge.
