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The Red Carpet
INDIA GOES SHOPPING • INDIAN CONSUMERS CAME BACK WITH A BANG THIS FESTIVE SEASON AFTER TWO YEARS OF MUTED CELEBRATIONS. A LOOK AT HOW THEY SPLURGED THIS YEAR
A CHEQUERED STORY • Global crude oil prices, interest rates and the dollar will continue to dictate the movement of the domestic equity market in Samvat 2079, which commenced this Diwali (October 24, 2022). These factors and the war between Russia and Ukraine had made Samvat 2078 a challenging year for global equities. But it also brought forth the resilience of the Indian equity market, which outperformed most developed and emerging markets last year. Here’s how the Indian equity market has performed since last Diwali and what lies ahead
THE DIGITAL PILOT
THE ‘INSIDE’ INSIGHT
ONLINE RETAIL’S ‘CRUCIBLE MOMENT’
Google vs CCI
HIGH TAX, LOW DEFICIT
Shocks from Bharat
IT’S SHOWTIME. AGAIN
Ray of Hope
THE AMERICAN DREAM
Elon Musk’s ‘Free Bird’ • According to the Tesla CEO, he has ‘freed’ Twitter after acquiring the social network for $44 billion. Or has he?
THE INDIA CONNECT
A Leap Towards Integration • AirAsia’s decision to sell its equity in its Indian subsidiary to Air India shows the national flag carrier’s turnaround strategy is well on track
Benevolence of the Richest • Philanthropy is flourishing in the country as overall donations more than doubled to ₹5,666 crore in FY22 from ₹2,318 crore in FY18
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Connections, Interrupted • Both WhatsApp and Instagram suffered global outages in October, the second year in a row that Meta’s services went down in that period
Tangled • The first draft of the telecom Bill has raised more questions than it has answered
PGDM BFS program-A specialized and differentiated offering
Birla Institute of Management Technology (BIMTECH), Greater Noida Earns Prestigious AACSB Accreditation: Joins Ivy League of Top Global B-Schools
Taxing the Income of Charities • Two recent Supreme Court rulings are likely to lead to higher taxes for such institutions in the near future
MODI’S UNICORN • INVEST INDIA, THE COUNTRY’S INVESTMENT PROMOTION AGENCY, IS GOING ALL GUNS BLAZING TO FULFIL THE PRIME MINISTER’S VISION OF PROPELLING INTO THE NEXT DECADE
THE JOURNEY SO FAR • A central single-window clearance system is being widely awaited
‘GOOD ECONOMICS IS AT THE CENTRE OF GOOD POLITICS’ • Invest India MD & CEO Deepak Bagla on competitive federalism, start-ups and more
INVEST INDIA: HOW THEY DO IT
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A TALE OF TWO SENTIMENTS • WITH SO MUCH UNCERTAINTY AROUND, THE BT-C FORE BUSINESS CONFIDENCE INDEX FOR Q2 WAS EXPECTED TO BE TEPID, BUT IT HAS COME OUT WARMER THAN ANTICIPATED. WHAT GIVES?
A SORRY STATE OF AFFAIRS • RELENTLESS HEADWINDS ARE BATTERING STATES’ ECONOMIES, FORCING THEM TO TAKE AN ARRAY OF DRASTIC MEASURES TO AUGMENT THEIR REVENUES
‘We deliver the best ROI to advertisers’ • Nicola Mendelsohn, Vice President of Global Business Group, Meta, explains how the company plans to deliver growth to advertisers despite Apple’s moves and tough global conditions, and why she is excited about...