An investing mistake I made, which I do not plan on repeating
Call it ignorance or an "I don't care" attitude, but many of us, especially early in our investing careers, are all about chasing big, long-term growth. Along the way, we…
How the nod to critical pesticides will bolster India’s agricultural progress
This comes at a time when climate change, spurred by global warming, disrupts weather patterns and escalates pest infestations, making crop production increasingly challenging. At the heart of navigating this…
How mutual funds are tapping into the bull market
In 2022 Itzhak Ben-David, Francesco Franzoni, Byungwook Kim and Rabih Moussawi, four academics, published research suggesting that thematic equity ETFs, which attempt to track a narrow industry or trend, underperform…
Can Perplexity do to Google what Microsoft did to IBM back in the day?
Perplexity, the new kid on the AI block, offers an intriguing business model that closely resembles how users interact with platforms like ChatGPT or Gemini. Essentially acting as a "wrapper"…
Novelis could be a good bet if valuations top $10 bn
In May 2023, Centrum Broking estimated the implied market cap of US-based aluminium manufacturer, Novelis, at approximately $9.7 billion. It was an “implied" market cap as Novelis is an unlisted…
Why the circular on withholding tax for online retailers needs more clarity
In response to the digital boom and the surge in e-commerce transactions, the Budget 2020 introduced a TDS, or tax deducted at source, on e-commerce operations. This required operators to…
How to benefit from the conversations you have at work
Successful workplaces are usually characterised by good communication. Bosses provide a clear sense of where they want the firm to go; employees feel able to voice disagreements; colleagues share information…
Monetary policy had a relevant role in the US inflation episode
For precisely three years now, the economics profession has been collectively fixated on inflation. February 2021, 36 months ago, was the last time consumer-price-index inflation in the United States (all…
Where does the modern state come from?
It is part metaphor, part myth and part history. Thomas Hobbes thought life there was nasty, brutish and short. John Locke disagreed, proclaiming that it was where people first learnt…
Reversal of pricing reforms for oil PSUs is capping their stocks’ upside
The recent run up in the stock prices of many state-owned companies, including those in the energy sector, is impressive, and the rally could continue. Investment bank Jefferies writes that…