Vantage Point

Vantage Point

The Union Budget 2023-24 announced by Finance Minister Nirmala Sitharaman has given the Reserve Bank of India (RBI) a bit of a breather. (Illustration: Raj Verma)

Budget breather for the RBI: Rate hike cycle is coming to an end

Feb 05, 2023

With inflation moderating and the Budget sticking to a fiscal consolidation path, the February monetary policy may well see the last of the rate hikes for now.

Illustration: Anirban Ghosh

Corporate performance and the big FY23 challenge

Jun 20, 2022

Corporate India performed well in FY22 overall, but serious disruptions thereafter could upset the best plans of companies.

Illustration: Raj Verma

Tech and Start-ups: Unreal Valuations and the Public Markets Test

Jun 10, 2022

Hyped-up valuations in the private markets have led to many storied tech companies and start-ups in India to fare disastrously in the public markets where investors are rejecting these valuations. As a consequence, there has been serious erosion of investor wealth. It’s time Indian start-ups and their investors get real.

More worrying, of course, is the Q4FY22 growth figure of 4.1 per cent, particularly against the Q3FY22 figure of 5.4 per cent

Why RBI must front-load the forthcoming rate hikes 

Jun 03, 2022

GDP growth has shown signs of slowing, dipping to 4.1% in Q4FY22. As serious inflationary risks continue unabated, the central bank will need to accelerate the interest rate hikes.  

Illustration: Raj Verma

India’s start-up story is facing strong headwinds. Winter is coming

May 27, 2022

Several factors threaten the Indian start-ups story. Layoffs, suspension of operations and other tough measures are now being witnessed. Founders will have to brace for impact, and weather the storm for the next 12 to 18 months.

The soaring ambitions of the two groups led by India’s two richest billionaires—Gautam Adani and Mukesh Ambani—are fast becoming stuff of corporate folklore

Adani and Ambani: The big ambitions of India’s biggest billionaires

May 20, 2022

The series of acquisitions being undertaken by the top two richest men show their speed and the desire to move into newer businesses. But contrary to popular perception, there’s no confrontation.

Sourav Majumdar, Editor, Business Today

Hotels, airlines, restaurants are full: Services could cushion the blow to GDP

May 13, 2022

The services sector is booming post pandemic, but inflation could hit that too.

Shaktikanta Das' dilemma

The dilemma of Shaktikanta Das: Taming inflation amid global headwinds

May 06, 2022

The Reserve Bank of India’s shock 40 bps repo rate hike, together with a 50 bps increase in CRR, has stirred intense debate about the timing of the moves. But Governor Das does have, in his own words, ‘several storms’ to tackle.

Illustration: Anirban Ghosh

The ‘Baahubalisation’ of Bollywood

Apr 29, 2022

The thundering success of the blockbusters from the South is proving to be a game changer for Indian cinema, and holds lessons for Bollywood. But content will still be king.

Photo: Anirban Ghosh

Chandra’s 'Neu' Tata: Decoding the Group's Pivot

Apr 22, 2022

Tata group chairman Natarajan Chandrasekaran is instrumental in pivoting the 154-year-old salt-to-steel conglomerate into new business avenues, especially with the launch of the super app Tata Neu. But it’s a bitterly competitive new world. And shareholders are watching keenly.

Illustration by Anirban Ghosh

India’s Start-up Founders Need a Reality Check

Apr 15, 2022

While India’s start-ups have become the toast of the world, there is also a growing concern that due to a few rotten apples, the entire ecosystem might get affected. Corrective measures need to be put in place urgently.

It is the season of mega deals.

Vantage Point: Why Deal Street is buzzing

Apr 08, 2022

The Axis-Citi, PVR-INOX and HDFC-HDFC Bank deals show it is the season of consolidation. Several factors are contributing to this trend which is only set to gather further momentum.

Playing by the Buch

SEBI is playing by the Buch

Apr 01, 2022

The new SEBI chairperson has started off on a strong note. She will need to build on this and ensure the markets regulator stays true to its mandate of investor protection.