10 Years Of PMJDY Couldn’t Get India’s Women Included In Banking. Phones Were The Problem

Krishna Veni, a 40-year-old homemaker living in the slum near Hyderabad’s Rajiv Gandhi International Airport, does not use payment apps such as Google Pay, PhonePe or BHIM. Not because she does not want to but because she cannot for a simple reason: her mobile phone number is not linked to her bank account, the vital … Read more

Veteran Investor Jyotivardhan Jaipuria On Overvaluation In Indian Markets

The Indian stock market has been witnessing continuous all-time highs. Recently, the Sensex benchmark breached 75,000 points. There’s been a remarkable synergy between economic growth and corporate earnings and robust earnings growth, especially post-Covid, has been a driving force behind the market’s upward trajectory. While there are worries about the overvaluation of stocks, the Indian … Read more

State GST Data Could Give Us Insights On Consumption: Here’s How

Economists and businesses have been trying to understand the relationship between private spending and Goods and Services Tax (GST) collections in India. While some data like the private final consumer expenditure show that people are spending less, GST collections have remained robust.  “GST reflects the overall consumption patterns within the boundaries of a state. We … Read more

Despite Correction, Froth Yet To Settle On Small And Mid-Cap Stocks

In March, the Indian stock market recorded a significant correction in mid-cap and small-cap stocks. The benchmark Nifty 50 returns for the month have also been subdued. This downward pressure on mid-cap and small-cap indices follows concerns raised by the market regulator, the Securities and Exchange Board of India (SEBI), regarding the accumulation of ‘froth’ … Read more