As national elections kicked off on Friday, two questions emerged uppermost on investors’ minds: What if Prime Minister Narendra Modi has to lead a coalition government where his Bharatiya Janata Party (BJP) does not have a Parliamentary majority on its own? And, what would his third term entail in terms of policies if Modi comes … Read more
Last week the India Meteorological Department said that the country will have an ‘above-normal’ monsoon for 2024. This is good news for farmers, as agricultural productivity is heavily dependent on monsoon rains. Over half of the nation’s land relies on rain-fed agriculture. While a good monsoon season usually boosts both Kharif and Rabi crop yields, … Read more
Shashank Shah (name changed) started buying small quantities of ETFs or exchange-traded funds which track Hong Kong’s Hang Seng Index in early March. Shah, who manages a Rs 500 crore family office portfolio, sold it at the end of March for a tiny profit but plans to re-enter later. It was the first time in … Read more
Homegrown car manufacturer Tata Motors’ foray into electric vehicles (EVs) and becoming a market leader, is a story of catching a trend early. The company understood quite early that electrification was the future, and put the necessary resources into it, and the benefits of which it is reaping now. In 2023, the company had over … Read more