On Episode 311 of The Core Report, financial journalist Govindraj Ethiraj talks to Nitin Gupta, senior research analyst at Emkay Global Financial Services, Jigar Pandit, head of commodities at Sharekhan by BNP Paribas as well as Puja Mehra, economic journalist and author.SHOW NOTES(00:00) Stories Of The Day(02:55) The markets jump 3% as the NDA government gets set to rule for another term. Markets set to stabilise further(06:56) Shifting themes within the markets: why consumer goods stocks are doing well even as capital goods stocks slide(15:31) Gold and silver are edging up again, where do they stand at times like this?(20:47) The major economic imperatives for India and a new Government, looking back, looking forward(28:04) Delhi’s Hindon Airport gets more airlines including the first major oneFor more of our coverage check out thecore.inCheck out Puja Mehra's book The Lost Decade (2008-18): How India's Growth Story Devolved into Growth Without a Story --Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
On Episode 310 of The Core Report, financial journalist Govindraj Ethiraj talks to Deven Choksey, managing director of DRChoksey FinServ, Dipen Mehta, founder director at Elixir Equities as well as Viktor Katona, lead crude analyst at Vienna based energy intelligence firm Kpler.SHOW NOTES(00:00) Stories Of The Day(02:36) The stock markets fall close to 6% as BJP is forced into a coalition to govern(04:49) Why did the markets fall so much and what stocks led the fall?(12:22) As markets look beyond Modi stocks, what are the new investment themes going forward?(22:56) Oil prices are still falling, which is good news for India too. What is driving it and how long could it remain low?For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
On Episode 309 of The Core Report, financial journalist Govindraj Ethiraj talks to Gaurang Shah, head of investment strategy and senior vice president at Geojit Financial Services.SHOW NOTES(00:00) Stories Of The Day(01:57) Markets set to rise in volatile trade on vote counting day(11:56) Oil prices fall further, now below $79(13:28) How India’s renewed plans for a manufacturing thrust could play out(15:10) Aviation goes places in 2024 with close to 5 billion travellers and $1 trillion in revenues projectedFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
On Episode 308 of The Core Report, financial journalist Govindraj Ethiraj talks to Mihir Vora, chief investment officer of the recently launched Trust Mutual Fund as well as Vivek Kumar, economist at Mumbai-based QuantEco Research.SHOW NOTES(00:00) Stories Of The Day(01:48) Markets set to open gap up(11:34) Oil prices fall to around $81 a barrel even as major oil producers extend supply cuts(12:56) Rising commodity prices and impact of weather, major challenges before the new Government(15:44) Electric vehicle sales declined in India in May, perhaps for the first time(17:07) India’s GDP numbers surprised again but economists are now preferring to use Gross Value AddedFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
This week on The Core Report: Weekend Edition, financial journalist Govindraj Ethiraj talks to Naveen Ahlawat, the Head of Power to X; Green Hydrogen, Green Steel, Gasification Projects, and CCSU at Jindal Steel & Power Ltd.Naveen Ahlawat oversees the gasification projects, Green Hydrogen initiatives, and the CCSU vertical within the organization. His vision focuses on advancing steel production through Direct Reduced Iron (DRI) and Coal Gasification with Carbon Capture and Utilization (CCSU). Under his leadership, the company operates the world’s first coal gasification-based DRI plant in Angul, Odisha.Additionally, they are exploring various downstream chemicals derived from synthesis gas. Notably, Jindal Steel & Power Ltd. is the only steel manufacturing company globally capturing 2000 TPD of CO2 at their Angul plant. They are investigating multiple options to utilize and monetize the captured CO2 into downstream chemicals such as methanol, ethanol, and acetic acid. Recognizing green hydrogen as the future, the company is actively working on using green hydrogen as a reduction gas to produce directly reduced iron.For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
On Episode 306 of The Core Report, financial journalist Govindraj Ethiraj talks to veteran economic journalist and author Shankkar Aiyar as well as Dipti Deshpande, principal economist at Crisil.SHOW NOTES(00:00) Stories Of The Day(01:09) Markets are back to feeling jittery, is talking up the market counter productive?(14:25) FDI into India slows down(15:29) Monsoons have arrived earlier, interpreting the economic impact(24:48) And now, orange juice prices hit record highs. Expect more mixed juices(26:34) Air Passenger demand now growing for 36 consecutive months says IATAFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
On Episode 305 of The Core Report, financial journalist Govindraj Ethiraj talks to Sandip Bansal, associate director and senior portfolio manager, ASK Investment Managers as well as Anumita Roychowdhury, executive director at Centre for Science and Environment, India.SHOW NOTES(00:00) Stories Of The Day(01:00) Markets slide again, three trading days to go.(03:05) How does one pick stocks or themes in a heated market?(13:16) S&P revises India ratings outlook to positive(18:40) Air Cargo continues to grow globally, reflecting economic upturn(19:41) Heatwaves are slamming cities across India, Delhi hits all time high of 52.3 C. How should we be responding?For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
On Episode 304 of The Core Report, financial journalist Govindraj Ethiraj talks to London-based Arvind Chari, chief investment officer, Q India (UK) Ltd as well as Dr Viranchi Shah, national president of the Indian Drug Manufacturers Association (IDMA).SHOW NOTES(00:00) Stories Of The Day(01:09) Investors are increasing long positions ahead of Election Results(04:50) Foreign investors are looking at Indian debt differently from equity right now and amping up investments(14:39) Indian drug makers have a strong year ahead with increase imports from countries like United States(25:06) Toyota sticks to hybrid bet(27:18) Weight loss drug sales projected to go from $24 billion last year to $138 billion in 2028 or in four years timeFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
On Episode 303 of The Core Report, financial journalist Govindraj Ethiraj talks to Aditi Nayar, chief economist of rating agency ICRA as well as Ashok Sreenivas, group coordinator at the Prayas (Energy Group).SHOW NOTES(00:00) Stories Of The Day(00:50) Markets swing again with 5 trading sessions to go for election results(01:54) How Japan & India are both China + 1 investment destinations(03:18) India's economy slowed down in the last quarter, what does it mean for the next?(11:23) India’s power demand is surging and usage patterns are shifting, is there enough supply?(19:09) Crime pays but cybercrime pays moreFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
On Episode 302 of The Core Report, financial journalist Govindraj Ethiraj talks to Manisha Kapoor, CEO and Secretary General at the Advertising Standards Council of India (ASCI) as well as Captain Amit Singh, an active Airbus A320 pilot and also founder of Delhi-based Safety Matters Foundation.SHOW NOTES(00:00) Stories Of The Day(01:00) Markets sailing away, six more trading sessions(05:08) The man who predicted Dow hitting 40,000 in 2016 and India’s own Rakesh Jhunjhunwala predicting Nifty at 100,000 in 2030(07:29) Betting apps, the new breed of misleading advertisements going for your wallet(16:01) Singapore Airlines Incident: Could Climate Change Increase Chances of Air Turbulence? An Active Pilot’s ViewFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
This week on The Core Report: Weekend Edition, financial journalist Govindraj Ethiraj Chats with Mohandas Pai, renowned Indian businessman and philanthropist, for a deep dive into the world of venture capital funding. The conversation delves into a decade of VC funding trends, with a specific focus on the recent news of board member departures at Byju's, a major Indian tech company. Pai, a former board member at Infosys, sheds light on the evolving role of young board members in startups. While their fresh perspectives are valuable, Pai emphasizes the importance of independent directors and robust governance structures for long-term company growth.About T.V. Mohandas Pai Mohandas Pai joined Infosys in 1994 and served as a member of the Board from May 2000 till July 2011. He was the company's CFO from 1994 till 2006. In 2006, he voluntarily resigned from the office of the CFO to lead efforts in the areas of human resources education and research. The Infosys Annual Report, under his supervision, has won the top awards consistently from the Institute of Chartered Accountants and the South Asian Federation of Accountants.For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
On Episode 300 of The Core Report, financial journalist Govindraj Ethiraj talks to Sanjeev Hota, vice president, head of research at Sharekhan as well as Ayaz Memon, veteran cricket and sports journalist.SHOW NOTES(00:00) Stories Of The Day(01:00) Markets hit all time highs again as confidence returns(03:40) How will domestic institutional investors play the peaks?(16:00) Indigo results reflect growth in one of the world's hottest aviation markets(17:25) 7,000 IIT students without placements. Why is this number rising?(18:46) 72 matches later, IPL season set to end on Sunday with finals For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
On Episode 299 of The Core Report, financial journalist Govindraj Ethiraj talks to G Chokkalingam, veteran market analyst and founder of Equinomics Research as well as Rafeeque Ahmed, chairman of the Farida Group.SHOW NOTES(00:00) Stories Of The Day(01:00) Markets are holding higher, valuation fears spread.(03:54) Why you should worry about price to earnings ratios(15:42) RBI transfers 2.1 lakh crore to Govt, much more than expected(17:37) Indians are blowing more money travelling overseas, despite more restrictions.(19:03) Order books for India’s exporters have jumped in recent months. What is driving this?For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
On Episode 298 of The Core Report, financial journalist Govindraj Ethiraj talks to Tejas Gandhi, Secretary of The Federation of Indian Spice Stakeholders (FISS) as well as Arun Anandagiri, co-founder and group editor at Taxsutra.SHOW NOTES(00:00) Stories Of The Day(01:19) The $5 trillion mark finally arrives, what’s next?(02:53) The tug of war between institutional and retail investors(06:44) Oil imports from Russia hit 9-month high, government wants public and private refiners to gang up for better prices(08:23) India is holding on steel import tariffs even as several Latin American nations have hiked tariffs to fend off cheap Chinese exports(10:05) India’s spice exports controversy, why is it dragging on?(19:35) Heatwaves are rising and so are the threats to lives and livelihood(21:06) Dubai Airport is set for over 90 million passengers this year(21:48) An exit poll by independent journalists highlights jobs and income as key issues in their voting decisionFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
On Episode 297 of The Core Report, financial journalist Govindraj Ethiraj talks to Dr Alok Aggarwal, CEO and chief data scientist at Scry AI and author of “The Fourth Industrial Revolution and 100 Years of AI (1950-2050)”.SHOW NOTES(00:00) Stories Of The Day(01:10) Conflicting signals from the stock markets, what should you believe?(03:04) Some 14 major world markets are at all time highs, not just India. Why does that matter?(05:13) Inclusion in Bond Index not enough for foreign flows into debt, Moody’s.(07:20) Indian banks are having the best time in history.(08:59) Exclusive: The real numbers on how India could see more AI jobs being created rather than lost(24:14) Elon Musk is in Asia but skips India again, lands in Bali to launch Starlink.Subscribe to How India's Economy Works with Puja MehraFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
This week on The Core Report: Weekend Edition, financial journalist Govindraj Ethiraj sits down with Ajay Srivastava, founder of the Global Trade Research Initiative. They talk about the critical aspects of India's trade strategy, optimising exports, the ideal export-to-GDP ratio, the challenges and opportunities in industries like toys and garments, China's success in attracting manufacturers and much more.ABOUT AJAY SRIVASTAVAMr. Srivastava is a former Indian Trade Service officer, having served with distinction since the 1989 batch. During his tenure, he played a pivotal role on India's WTO and FTA negotiating teams, showcasing his profound understanding of trade policy. His expertise extends beyond policy, encompassing trade data analytics, the intricacies of the Goods and Services Tax Act (GST), and information technology systems.For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
On Episode 295 of The Core Report, financial journalist Govindraj Ethiraj talks to Sugandha Sachdeva, founder of SS WealthStreet as well as Amit Prothi, the director general of the Coalition for Disaster Resilient Infrastructure (CDRI).SHOW NOTES(00:00) Stories Of The Day(01:00) Markets whipsaw, Dow Jones hits all time high(04:18) Silver is back in the reckoning, hits all time highs, where could it go next?(09:56) Steel companies want more tariffs on Chinese imports(11:41) Mahindra says it will invest in electric cars, Volkswagen says it is pulling back(14:15) Why businesses have to think of and invest in disaster resilienceSubscribe to How India's Economy Works with Puja MehraFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
On Episode 294 of The Core Report, financial journalist Govindraj Ethiraj talks to Hetal Dalal, president and COO of Institutional Investor Advisory Services (IiAS).SHOW NOTES(00:00) Stories Of The Day(01:09) India’s rank in MSCI increases and why that will mean more flows(03:48) How foreign institutional investors are most pessimistic on India in over 12 years(06:13) Why oil prices could stay low this year thanks to soft global demand and mild weather in Europe(08:22) What should make more money, anonymous coding for global companies or selling your own brand of cars in global markets?(12:25) How Indian companies are not paying sufficient attention to churning their boards and putting off till last moment(22:07) Singapore’s new rockstar prime ministerRESOURCESIiAS Study - Independent Director Rotation: Losing institutional memorySubscribe to How India's Economy Works with Puja MehraFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
On Episode 293 of The Core Report, financial journalist Govindraj Ethiraj talks to Sheetal Sapale, vice president commercial at Pharmarack.SHOW NOTES(00:00) Stories Of The Day(01:00) Peace returns to Dalal Street, for now(03:41) Wholesale inflation is at a 13 month high(05:04) Forget diamonds, it's all about copper now - how rising demand is triggering massive shifts in the mining industry.(06:56) In India’s pharmaceutical industry, there are no friends and there are no enemies either(18:01) Ford is now losing $100,000 per electric car(19:27) How China’s international air traffic is still 70% of pre-pandemic levelsSubscribe to How India's Economy Works with Puja MehraFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
On Episode 292 of The Core Report, financial journalist Govindraj Ethiraj talks to Somnath Mukherjee, CIO and senior managing partner at ASK Private Wealth as well as Manish Raj Singhania, president of the Federation of Automotive Dealers Associations.SHOW NOTES(00:00) Stories Of The Day(01:00) Stock markets go on a fresh roller coaster ride, set for a smoother ride for a few days.(02:59) Inflation levels are steady but vegetable inflation is not.(04:30) Emerging markets are looking good again after almost a decade and why India will benefit.(17:19) Car sales hit records in the last financial year, could this trend continue this year too?(25:33) India & Iran sign deal to manage terminal at Iranian port.Subscribe to How India's Economy Works with Puja MehraFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube