12 December 2023

Introduction The UN climate conference COP28 negotiations failed to reach an agreement on definitively phasing out fossil fuels, a key benchmark for climate groups. While the draft text references reducing fossil fuel production and consumption, it lacks specificity sought by many nations on ending oil, gas and coal use. Analysis for Layman COP stands for […]

Introduction South Korea’s Mirae Asset has acquired Indian retail broking firm Sharekhan from French bank BNP Paribas for Rs 3000 crore. This signals further consolidation in the stock trading space. Analysis for a layman Sharekhan is among the early starters in Indian online broking. But falling market share led to ownership changes over the years.

Introduction India’s kharif onion output for 2022-23 is expected to trail last year’s levels slightly. To stabilize domestic prices, the government will procure an additional 2 lakh tonnes for its buffer stock, taking the total onions procured to 7 lakh tonnes. Analysis for a layman Onion is an essential, price-sensitive kitchen staple. Lower seasonal output

Introduction Crisis-hit Indian budget airline SpiceJet saw its stock rally 10% as its board meeting on fundraising plans had to be extended, bolstering market hopes of a credible resolution to its financial crunch. Analysis for a layman SpiceJet has faced severe liquidity pressures over the last year due to covid demand loss, high fuel prices,

Introduction A study by Magicbricks highlights the significant contribution of millennial and Gen Z home buyers, aged 18-34 years, in India’s housing loan demand. This segment drove over 50% of purchases. Analysis for a layman Millennials refer to those born between the early 1980s to mid-1990s, while Gen Z covers late 1990s to early 2010s.

Introduction The government is formulating a new version of its production linked incentive (PLI) scheme focused on promoting domestic electronics components manufacturing in India. This signals sustained policy support for the sector. Analysis for a layman India met 99% of its mobile phone demand through local factories. But most components are still imported. PLI schemes

Introduction Despite significant lending rate hikes over the past 18 months, India’s housing finance segment has not seen major asset quality challenges. Rising incomes are helping borrowers service higher EMIs even as interest costs increase. Analysis for a layman Home loans usually have floating rates tied to benchmarks like the RBI’s repo rate. As the

Introduction The RBI indicates it will allow liquidity to improve through government spending in Q4, even as it reduces overall durable liquidity. This may lower short term rates without formal policy rate cuts. Analysis for a layman The RBI manages system liquidity and short term interest rates to control inflation. Excess liquidity risks high inflation.

Introduction The sudden resignation of Infosys Chief Financial Officer Nilanjan Roy has brought the IT major’s leadership issues under the spotlight again. This surprise exit of a key executive has raised market concerns. Analysis for a layman Infosys is one of India’s leading software services companies catering to major global corporations. It has seen many

Introduction India’s fast moving consumer goods (FMCG) companies have further delayed their estimates for demand recovery to the first quarter of financial year 2024-25. This highlights continued pressure on discretionary spending. Analysis for a layman FMCG refers to products that sell quickly at relatively low cost like packaged foods, beverages, personal care items. Rural markets,