Issue of 8th Apr-14th Apr 2024
LEAD ARTICLE
Wealthy Minister, Modest Income: Rajeev Chandrasekhar's Affidavit Raises Concerns about Tax Loopholes Favouring Billionaires
A decade since the National Democratic Alliance (NDA) formed government with a thumping victory and the vituperative slogan of creating a ‘Congress-Mukt Bharat’, Indian politics continues to be mired in symbolic hypocrisy. Innumerable Indian movies of the 1980s depicted this wonderfully in the character of corrupt and immoral politicians in... Read More
NATION
In the last week of March, chief economic advisor (CEA) V Anantha Nageswaran said the government cannot solve all social and economic problems, such as unemployment. He wondered what the government could do on the employment front 'short of hiring more itself'. “In the normal world, it is the...
STOCKS
India ranks as the third-largest producer and consumer of electricity, globally, with an installed power capacity of 423.25GW (gigawatt) as of 31 July 2023. The country's renewable energy capacity, including hydro, reached 177.73GW by the same date, accounting for 41.9% of the total installed...
Moneylife Digital Team
India stands at the forefront of the global digital revolution, with an internet user base of more than 800mn (million) in first half of 2023 (double that of the United States) which has nearly tripled from 277mn in 2015. Projections indicate that this figure will soar beyond 900mn by the end...
Moneylife Digital Team
The cost of logistics accounts for 13% to 14% of India’s GDP as per a NITI Aayog report which is much higher compared to other countries. Transportation costs contribute 62% to the overall logistics cost and fuel costs account for majority of the transportation cost. The logistics sector is...
Moneylife Digital Team
The issues of climate change, natural resource scarcity, waste disposal, pollution and threats to diversity demand a complete re-evaluation of our relationship with resources. Heavy industrialisation and rapid development activities have led to huge consumption and disposal of materials with no...
Moneylife Digital Team
For the past few years, it has been more appropriate to call fast-moving consumer goods (FMCG) sector as slow-moving consumer goods. The entire sector has been suffering from poor growth for years now. The post-COVID, K-shaped recovery has meant greater income disparity which has left the poor...
Moneylife Digital Team
MUTUAL FUNDS
In March 2024, ITC and Tata Consultancy Services were the most preferred stocks of Indian mutual funds. The net purchases of ITC were Rs4,398 crore. State Bank of India and Bharti Airtel were the most sold stocks. The net sales of State Bank of India were Rs1,371 crore and net sales of Bharti...
Moneylife Digital Team
CONSUMER ISSUES
While most Indians are busy with the Indian Premier League (IPL) and the Lok Sabha elections, this week turned out to be quite alarming for mobile users, in terms of newer threats and cyberattacks. Apple has issued a threat notification about mercenary spyware attacks on a very small number of...
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