Moneycontrol Opinion
Direct Benefit Transfers: A revolution under the radar
By Sriram Balasubramanian In the run up to the 10th anniversary of the Narendra Modi government, there have been numerous comparisons between the performance of the government viz-a-viz previous regimes. The release of the NSSO survey results for 2022-23...
6 months ago
Financial services perspective of India’s Budget and the path to Viksit Bharat
By Pratik Shah and Keyur Shah The FY24-25 Union Budget presented by the Indian Finance Minister is a strategic blueprint aimed at catalyzing the nation's journey towards 'Viksit Bharat' or Developed India. The focus on creating large-scale employment oppo...
2 months ago
Cutting through tax complexity in Budget 2024
By Ganesh RajFinance Minister’s seventh budget is visionary and path breaking on many fronts. It maintains the fiscal consolidation path with 4.9% fiscal deficit for FY25, lower than 5.1% estimated in the interim budget, and sets a target of 4.5% for FY26...
2 months ago
Judgement that will alter both federal and mineral tax landscape
By Gopal Mundhra The nine-judge Constitution Bench of the Supreme Court of India, with a decisive 8:1 majority, has ruled on the contentious issue of mineral taxation, overturning previous judgments and clarifying the balance of power between the Union an...
2 months ago
Funding gap a major challenge for India’s biotechnology sector
By Dr Jogin DesaiIndia is undeniably one of the top 12 biotechnology destinations globally and ranks as the third largest in the Asia-Pacific region. The nation’s bioeconomy, valued at over $92 billion in 2022, is poised for explosive growth, with project...
2 months ago
Retail Media Revolution: Transforming India's advertising landscape
By Russhabh R ThakkarRetail media is undergoing a transformative phase in India, reshaping the dynamics of advertising and consumer engagement. This revolution, known as retail media, is not just another fleeting trend but a fundamental shift in the adver...
2 months ago
Supreme Court sought balance in mineral extraction judgement but more litigation appears inevitable
By Gopal Mundhra, Rajath Bhardwaj, Priyadarshini Shekhawat The nine-judge Constitution Bench of the Supreme Court of India, with a decisive 8:1 majority, ruled on July 25, 2024 that royalty on minerals is not a tax but a contractual consideration. As a se...
2 months ago
Future of UPI: The transformative power of credit integration
By Prakash Sikaria The Unified Payments Interface (UPI) has been a cornerstone for economic transformation in India, revolutionizing how we transact, shop, and manage our finances. That being said, there is tremendous potential that remains untapped and t...
1 month ago
Rate cuts may be round the corner as economic growth drivers are losing momentum
By Aurodeep Nandi Is India’s growth picking up or slowing down? Simple question but complicated answer. On the one hand, GDP growth fell to 6.7 percent year-on-year (y-o-y) in the first quarter, Q1 FY25, from 7.8 percent in Q4 FY24. It was below expectati...
1 month ago
India-Singapore Trade Ties: Boosting economic relations amid regional challenges and changing global landscape
By Anisree Suresh The 2nd edition of the India-Singapore Ministerial Roundtable (ISMR) was held in Singapore on August 26, focusing on trade and economic cooperation between the two nations, ahead of PM Narendra Modi’s September 4-5 visit. India's delegat...
1 month ago
SEBI’s shifting positions on beneficial ownership leaves FPIs in limbo
By Siddharth Shah and Shikhar KackerForeign Portfolio Investors (FPIs) find themselves caught in a double bind, grappling with a frequently evolving policy landscape on beneficial ownership (BO) disclosure while racing against a hard deadline to liquidate...
1 month ago
New Industrial Cities: Ambitious idea, but finance and planning challenges pose concerns
By Miheer Karandikar The Union government recently announced plans for 12 new industrial cities with a massive allocation of more than Rs 26,000 crores. These announcements follow the 2024-25 Union Budget's promise of funding for "industrial parks," not c...
1 month ago
GST legacy issues can undermine government’s efforts to ease tax structure
By Shivam Mehta and Tanya GargAmidst the trend of decisions being taken in GST Council meetings, taxpayers have been staying hopeful and are banking heavily on the Council to alleviate hardships being faced by them.A couple of significant decisions taken...
4 weeks ago
India's Digital Transformation: Empowering MSMEs for e-commerce growth
By Ashish Kumar and Harshvardhan Singh India's journey of digital transformation has been remarkable, characterized by the consistent development of a strong digital public infrastructure that now plays a pivotal role in the nation's progress. Celebrating...
3 weeks ago