Banks and other financial institutions are the key drivers of economic growth. However, many borrowers may find it difficult to service their loans, requiring lenders to set aside capital to cover those losses. A bad bank can free them up to start lending.
In 2020, India stood out with $13.7 billion worth of outflows from its bond market even as most of its Asian peers saw record inflows. The country’s equity market continues to see record dollar inflows but foreign investors are still exiting bonds. Mint takes a deep dive.
Fiscal deficit is difference between total government receipts (taxes and non-debt capital) and total expenditure. Its size affects growth, price stability, and cost of production and overall inflation. A large fiscal deficit can also impact a country’s rating. Mint explores.
The world’s largest instant messaging application, WhatsApp, has found itself embroiled in a controversy yet again, thanks to a change in its terms of service. What exactly is the issue and why are users worried? Mint takes a deep dive.
The Centre’s move to scrap merchant discount rates on RuPay and UPI transactions has been a sticking point between the government and digital payment firms, which say they should be compensated for creating and maintaining the payments infrastructure. Mint explores
Indian startups raised about $12.8 billion across nearly 1,350 funding rounds from investors last year, as per data from Tracxn Technologies. Though deal value and volumes in 2020 were lower than those in 2019, the new year is expected to bring a sea change. Mint explains.
A balanced legal and regulatory framework, sustainable domestic economy, robust political system, developed infrastructure, strategic locations are a part of an International Financial Services Centre
US President-elect Joe Biden, scheduled to assume America’s leadership on 20 January, has vowed to build a coalition of like-minded countries to take on a belligerent China. Mint explores the possible coalition, and the challenges China poses.
Experts advocating momentum investing, say buying stocks near all-time highs can be a rewarding strategy as well
Technology giants made a killing during covid-19 in terms of revenue, but they found the going hard in other respects. The US government filed multiple antitrust cases against Google and Facebook in the last few months of 2020, which could shape the future of tech worldwide.
RBI governor Shaktikanta Das had recently said that the National Payments Corporation of India will be given the option to convert itself into a for-profit entity to withstand competition from entrants in the payments space. Mint looks at the impact of this could have.
Two high-profile disputes India has with the UK’s Vodafone Group Plc and Cairn Energy Plc have turned out to be difficult to resolve and are testing the government’s tax and investor protection policies in the international fora. Mint takes a look at what is at stake.
The rupee has underperformed emerging market peers despite the markets attracting record dollars, because the Reserve Bank of India soaked up most of them. Amid the debate on whether RBI should temper down its intervention, Mint explores why it could be tough.
The Centre has finally decided to hold the spectrum auction in March after over four years. While Reliance Jio needs airwaves to continue its 4G offerings and new spectrum to roll-out 5G services, Bharti Airtel and Vodafone Idea may have to set priorities straight. Mint explores
For over 30 years, since 1988, India has been trying to fix the poor quality of its land records; new schemes have begun yet again. But rural land markets remain mostly illiquid, trapping farmers in agriculture. Mint explains
Serum Institute of India CEO Adar Poonawalla on Friday made a pitch to indemnify vaccine makers in case people suffer adverse events. The statement follows a ₹5-crore legal notice sent by a trial participant to SII after he suffered a serious neurological dysfunction. Mint explores
Brent crude price, an international benchmark, slipped below $16/bbl to a 21-year low in April. It has since recovered, with prices climbing in recent weeks. Last week, Brent went past $51/bbl, but it’s still a far cry from the heydays of 2008 when prices topped $140/bbl. Mint explores
The government has finally managed to spark interest in the strategic disinvestment of Air India, having received multiple expressions of interest, according to the secretary of the department of investment and public asset management (DIPAM). Mint takes a deep dive.
The large contrarian bet taken by India’s Robinhood investors in April-June 2020 seems to have paid off, suggesting that these retail investors may not be as poor at investing as is implied. Mint maps out how they behave, why they have sprung up and what they represent.
One of the mysteries associated with India’s rapid economic expansion over the past three decades is the persistence of hunger and malnutrition, especially among children. A recent survey shows the country may be slipping further, instead of improving. Mint explains.
