Tag: mojo
As the Indian stock market celebrated record highs in December, a sobering narrative unfolds in the manufacturing sector, where activity has hit the brakes. The HSBC Purchasing Managers' Index (PMI) for December reported an 18-month low, registering at 54.9, down from November's 56. While a reading above 50 signifies...
As 2024 unfolds, the tech industry is facing a pivotal moment: the need to deliver tangible results. While the promise of transformative technologies, particularly generative artificial intelligence (AI), fueled investor enthusiasm in 2023, signs are emerging that the hangover might just be getting started. The excitement, driven in part...
The landscape of financial technology in India witnessed a significant transformation during the COVID-19 pandemic, with a surge in lending fintech companies focusing on individual loans. The momentum continued post-lockdowns, leading to substantial growth in the sector. However, despite the impressive expansion, the path to profitability for these lending...
As the curtains draw on 2023, India's manufacturing sector finds itself on a somber note, with the Purchasing Managers' Index (PMI) recording an 18-month low. The PMI, a critical indicator of economic health, dropped from 56 in November to 54.9 in the final month of the year. While the...
In recent weeks, the Indian transportation sector has found itself in the midst of a storm as truckers across the country take to the streets to protest against proposed stringent punishment for hit-and-run accidents. This unexpected turn of events has not only disrupted the flow of goods and essential...
In the bustling heart of Mumbai, the financial capital of India, a quiet but seismic shift was taking place in the world of business. Environmental, Social, and Governance (ESG) norms were slowly but surely encroaching upon the corporate landscape, leaving India Inc. both intrigued and unnerved.
For years, Indian businesses...
In an increasingly globalized world, foreign exchange rates play a crucial role in various aspects of our lives. Whether you are planning overseas travel, investing in international markets, or simply sending money abroad, understanding forex rates is essential. This article delves into the concept of forex rates and provides...
In a world where investment options are abundant and diverse, Indian households tend to exhibit a marked preference for caution when it comes to managing their financial assets. The bedrock of their investment strategy often rests on sovereign fixed-income schemes, and this cautious approach is evident through data that...
India is witnessing a burgeoning shift towards electric vehicles (EVs) as the world transitions to more sustainable transportation options. To foster this green revolution, the Indian government is contemplating a significant policy change that could have far-reaching implications. According to reports from Mint, the Centre is considering a substantial...
As the first four months of the fiscal year progressed, India's Centre experienced a sluggish performance in terms of tax collection. However, a remarkable turnaround began in August when the country witnessed a remarkable 95.2% year-on-year growth in tax collections. While this exceptional growth may have seemed like an...
