Back then, I was enchanted by the craft. The heritage. The obsession with detail. But over the years, as Iâve worked to bring global luxury brands into India and mentored a generation of professionals, something else began to emerge: a subtle discomfort with the silence of luxury. Also Read: Bling battle: Yes, US luxury brands…
Public sector units (PSUs), contrary to the perception of their being anachronistic relics, often do serve a critical role in the economy, as Indian fiscal data reveals. It might be time to jettison dogmas that have outlived their utility and useful to leverage what exists, rather than stacking all our chips on a borrowed idea. …
Last monthâs global selloffâmarked by a 7% slide in the S&P 500 and a more than 5% dip in the Sensexâset off the usual chain reaction: a flood of alarming headlines, wall-to-wall coverage from financial experts forecasting doom, and social media timelines buzzing with everything from cautious concern to full-blown panic. It feels like dĂŠjĂ …
In what now seems like a blatant act of sexism, Bertie was allotted automobile, cigarette and alcohol companies in his first job as an investment analyst, while his lady colleague took charge of consumer staples and retailers. Bertie had to struggle through the labyrinth of liquor regulation that changed with every state, but his colleague…
Stock market today: Indian markets, which opened lower on Thursday, March 27, tracking weak global cues, quickly reversed their losses as financial stocks led a rebound, bringing the frontline indices back into action after the sharp sell-off in the previous session. The rebound in oil & gas, realty, and metal stocks has supported the indices,…
Accounting conventions require that capital is accounted for in the balance sheet of the enterprise, and expenditures and incomes in the profit-and-loss account. This is universal for all corporate enterprises, be they business ventures, government agencies or ânon-profitâ organizations. Businesses account for their assets of land, machinery and money in the bank on their balance…
Investors benefit both from rising gold prices as well as currency depreciation. The intent of the scheme was to wean away Indians from their seemingly insatiable appetite for physical gold. India has consistently been among the worldâs top importers of gold. Recently, the average annual drain on foreign exchange due to these imports has been…
India has been playing nice with Americaâs Donald Trump administration. So too with EV-maker Tesla and the satellite services arm of SpaceX, both led by Elon Musk, who is widely seen as President Trumpâs confidant, a billionaire shaking up the US by taking a chainsaw to its government under the Department of Government Efficiency. This…
The government over the weekend withdrew its 20% duty on onion exports. This relieves Indian farmers, who have often run into export constraints just as prices have risen to let them reap rewards. Also Read: Americaâs reciprocal tariffs will exacerbate the problems of Indian farmers These barriers are typically used to enhance local supply and…
Although first three-quarters’ growth was not too promising with 6.2 percent in Dec quarter – it was somewhat expected since it was an election year, explains Dr Rumki Majumdar (PhD), economist at Deloitte. She speaks about the current volatility in the financial market and deconstructs to explain what it reflects on the fundamentals of economy….
