Political And Economy related issues discussed by Siddharth Zarabi

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Updated : Dec 01, 2023

Key Reasons For India’s Strong Economic Growth

Morgan Stanley has published its 2024 India Economic Outlook. The brokerage house expects robust domestic demand to keep the growth rate resilient, supported by strong domestic fundamentals that reduce the economy's vulnerability to external headwinds. Macro stability is likely to remain within the comfort range. The general elections in May 2024 are identified as a key risk. India’s impressive Q2 GDP growth of 7.6 percent has prompted several analysts and international brokerage houses to revise their yearly forecasts upwards. Morgan Stanley has raised the financial year 2024 growth forecast to 6.9 percent from 6.4 percent earlier. For the financial year 2025, the international brokerage has, however, maintained its estimates at 6.5%. Watch the exclusive chat with Morgan Stanley's Chief India Economist Upasana Chachra.

Updated : Nov 30, 2023

India Q2 (Jul-Sep) 2023-24 Growth Beats All Estimates

India’s economy grew at 7.6% per cent in the July-September quarter as against 7.8% in the April-June quarter, showed government data on Thursday.In the April-June quarter, the gross domestic product (GDP) growth was 6.2%. The Reserve Bank of India (RBI) had projected a growth rate of 6.5% during Q2FY24. The manufacturing sector, which for the past decade has accounted for just 17% of the economy, expanded 13.9% year-on-year in the September quarter, compared with a revised 4.7% in the previous three months. "Real GDP or GDP at Constant (2011-12) Prices in Q2 2023-24 is estimated to attain a level of Rs 41.74 lakh crore, as against Rs 38.78 lakh crore in Q2 2022-23, showing a growth of 7.6% as compared to 6.2% in Q2 2022-23," said Ministry of Statistics & Programme Implementation in a statement. Explore an exclusive discussion on GDP data with BTTV Managing Editor Siddharth Zarabi, featuring insights from Economist Saugata Bhattacharya, Chief Economist of Bank of Baroda Madan Sabnavis, and Chief Economist of Crisil Dk Joshi.

Updated : Nov 20, 2023

Reality Check Of $4 Trillion India GDP Claim

An unverified screengrab that claims to live track the gross domestic product of countries across the globe went viral over the weekend. This with a claim that India’s GDP has reached a historic milestone of $4 trillion for the first time ever. The claim got widely shared on social media in India. So, what is the reality in this regard, given that Nominal GDP for 2023-24, which includes real GDP and inflation, is estimated to grow 10.5 per cent year-on-year to ₹301.75 trillion ($3.69 trillion), over the estimated nominal GDP of ₹273.08 trillion as per the First Advance Estimates of FY 2022-23. This implies a projected inflation rate of 4 per cent, with the Economic Survey baseline real GDP growth projection at 6.5 per cent. Has the Indian economy reached $4 trillion? What is the reality in this regard? By when can India reach $4 trillion in GDP and touch even higher levels? Does this measure mean much, except for comparison of economic size by country? Is it correct to derive a US dollar value for India’s economy? Is it correct to divide the absolute output in Indian rupees with the spot USD-INR exchange rate? Watch this exclusive conversation between Rahul Bajoria, MD & Head of EM Asia (ex-China) Economics, Barclays, and Siddharth Zarabi, Managing Editor, Business Today TV.

Updated : Nov 20, 2023

Fact Check Of $4 Trillion India GDP Claim

An unverified screengrab that claims to live to track the gross domestic product of countries across the globe went viral over the weekend. This is with a claim that India’s GDP has reached a historic milestone of $4 trillion for the first time ever. The claim was widely shared on social media in India. So, what is the reality in this regard, given that Nominal GDP for 2023-24, which includes real GDP and inflation, is estimated to grow 10.5 percent year-on-year to ₹301.75 trillion ($3.69 trillion), over the estimated nominal GDP of ₹273.08 trillion as per the First Advance Estimates of FY 2022-23. This implies a projected inflation rate of 4 percent, with the Economic Survey baseline real GDP growth projection at 6.5 percent. Has the Indian economy reached $4 trillion? What is the reality in this regard? By when can India reach $4 trillion in GDP and touch even higher levels? Does this measure mean much, except for the comparison of economic size by country? Is it correct to derive a US dollar value for India’s economy? Is it correct to divide the absolute output in Indian rupees with the spot USD-INR exchange rate? Watch this exclusive conversation between Madan Sabnavis, Chief Economist, Bank of Baroda, and Siddharth Zarabi, Managing Editor, Business Today TV.

Updated : Nov 17, 2023

Should Management Principles Be Accepted As Universal Truths?

Consider the following statements: It’s lonely at the top. Culture eats strategy for breakfast. Fail fast, fail cheap. If it ain’t broke, don’t fix it. People leave people, not organizations. How often have you heard people use these to make a point? Management at all levels is inundated with advice from professional consultants, luminaries and gurus. But do these management truisms hold everywhere? Or are they myths that need to be examined for relevance in today’s rapidly changing world? In Busted, Ashok Soota and Peter de Jager focus on seventeen commonly accepted management principles and analyse why these should not be accepted as universal truths. Backed by their experience in building and scaling businesses; consulting with organizations across sectors, cultures and continents; real-life examples; and first-person interviews with industry leaders and practitioners, Busted takes into account the changed realities of the workplace and gives you a balanced view of what makes the world of management tick. Here’s an interview with the author Ashook Soota, the founding chairman of Happiest Minds Technologies and the founding chairman of MindTree, on a book that challenges, tickles and pokes at accepted, seemingly unassailable management myths and inspires you to question, test and validate all advice, regardless of the source.

Updated : Nov 17, 2023

Exclusive Interview With Punit Renjen Who Believes Stubble Burning Is A Solvable Problem

Deloitte and SAP, along with the Haryana Government, have made incredible progress in reducing the harmful effects of stubble burning in nine districts in Haryana. Stubble burning is a major source of air pollution in India, with serious health consequences for millions of people. Every year, farmers in Punjab and Haryana burn millions of tonnes of crop residue after the harvest. This releases harmful pollutants into the air, including particulate matter (PM), nitrogen oxides (NOx), and sulfur dioxide (SO2). These pollutants can cause a number of health problems, including respiratory infections, heart disease, and cancer. According to the World Health Organization, air pollution is the world's largest environmental health risk, causing seven million premature deaths each year. In India, air pollution is estimated to cause over 1 million premature deaths annually. Catch Siddharth Zarabi in conversation with Punit Renjen, Deputy Chairman of SAP and Global CEO Emeritus at Deloitte, discussing the crop residue management program developed by Deloitte in collaboration with SAP.

Updated : Nov 09, 2023

Tata Power Q2, FY24 Results

Tata Power has recorded a near nine percent increase in net profit at Rs 1,017 crore for the July-Sept quarter of the current financial year. The company had a net profit of Rs 935 crore in the same period last year. The profit was driven by higher revenue from the company's core businesses of generation, transmission, and distribution. The firm has resolved pending tariff-related matters of its hydropower plant in Zambia and received part of the pending dues of $102 million from Zambia Electricity Supply Corporation. Watch the analysis of the results with Praveer Sinha, CEO and Managing Director, Tata Power, in conversation with BTTV Managing Editor Siddharth Zarabi.

Updated : Nov 08, 2023

Deep Dive Into Economies Of Election Bound Indian States

Five states - Chhattisgarh, Mizoram, Madhya Pradesh, Rajasthan, and Telangana - are in the process of electing new governments with the results set to be declared on December 3rd. This will be the last round of state elections in 2023 and will be followed by the general elections scheduled mid-next year. It is crucial to understand the current economic status in each of these states during this period. Public sector Bank of Baroda has released an interesting report on the eco state of the five states, shedding light on the current state of their economies. Watch Business Today TV Managing Editor Siddharth Zarabi in conversation with Bank of Baroda chief economist Madan Sabnavis and his colleague economist Jahnavi Prabhakar.

Updated : Nov 07, 2023

Samvat 2080 Diwali Picks For Building A High Quality Portfolio

Despite facing several challenges such as high inflation, increased interest rates, and geopolitical tensions, the Nifty 50 has managed to secure a roughly 10 percent gain since the last Diwali. As Samvat 2079 draws to a close, the Nifty 50 is poised to end on a positive note despite these obstacles. Looking ahead to Samvat 2080, both the Nifty 50 and the Sensex are predicted to experience substantial growth, even amidst expectations of a somewhat volatile market journey. This upcoming period anticipates a strong upward trajectory for these indices. Discover the keys to successful investing and explore promising sectors and stocks for potentially high returns until the next Diwali. Watch Market's top Experts First Global's Founder & CMD Devina Mehra, Trust Mutual Fund's CIO Mihir Vora and Aditya Birla Sun Life AMC's CIO Mahesh Patil.

Updated : Nov 03, 2023

Is It About Working Hard Or Working Smart? The 70-Hour Work Week Debate

Infosys Founder N R Narayana Murthy recently stirred up a Hornet’s Nest when he advocated 70 Hours Work Week for youngsters so that India can compete with economies that progressed in the last two to three decades. "India's work productivity is one of the lowest in the world," Murthy said while speaking to former Infosys CFO Mohandas Pai for a podcast, The Record. "So therefore, my request is that our youngsters must say, ‘This is my country. I’d like to work 70 hours a week," Murthy said, adding that this is exactly what the Germans and Japanese did after the second world war. "They made sure that every German worked extra hours for a certain number of years." His comments Ddrew critical reactions from netizens, although several industry leaders such as JSW Group CMD Sajjan Jindal, Ola cabs Co-founder Bhavish Aggarwal of Ola, and Pai supported his view. The recent remark by Infosys Co-founder spotlights a pressing question - in the era of AI, what holds greater weight the hours logged or the impact created? and can they truly be disentangled? Business Today Tv’s Managing Editor Siddharth Zarabi spoke to teamlease services' Vice - Chairman Manish Sabharwal, Swarajya's Editorial Director R Jagannathan and Dr Ns Rajan Former CEO IDFC

Updated : Oct 31, 2023

What Is A Cockroach Portfolio And How Can It Help You Ride A Stock Market Crash?

The Cockroach portfolio is a four quadrant portfolio that combines the best of traditional long-only asset classes with derivatives to create a diversified masterpiece prepared for all economic regimes. This at a time when the Indian markets have been hit by concerns over what is happening in the US economy and the ongoing Israel-Hamas conflict. If the Bharatiya Janata Party-led NDA fails to secure a working majority in the forthcoming general elections, a 25 per cent fall, if not more, in the share market is all likely, Jefferies' Christopher Wood recently said. Data showed domestic stocks have historically performed well in the run up to general elections. Six months prior to 2019 elections, Nifty jumped 13.8 per cent; it went up 13.7 per cent in six months to general elections 2014. The index gained 3.5 per cent in run up to 2019 elections and 19.4 per cent in run up to 2004 elections, data compiled by Fisdom Research suggested. This is also important given that there are 80 million unique investors investing money in the Indian stock markets through NSE. NSE has 160-170 million accounts but if you remove the duplication, there are 80 million unique accounts, says NSE MD & CEO Ashishkumar Chauhan. These investors are actually 50 million unique households, which is 17 per cent of India’s all households put together, he added. Business Today TV’s Managing Editor Siddharth Zarabi Spoke To market expert Anand Tandon on What Is A Cockroach Portfolio And How Can It Help You Ride A Stock Market Crash?

Updated : Oct 27, 2023

Former CEA Kaushik Basu Decodes State Of Indian And Global Economy

Watch this exclusive interview with noted economist Kaushik Basu, Professor of Economics at Cornell University, former Chief Economist of the World Bank, and also the Chief Economic Adviser in the Ministry of Finance from 2009 to 2012, with BTTV Managing Editor Siddharth Zarabi. The interview comes at a time when India, the world's fifth-largest economy in the world, is projected to overtake Japan to become the world’s third-largest economy with a GDP of $7.3 trillion by 2030, as per S&P Global Market Intelligence. After two years of rapid economic growth in 2021 and 2022, the Indian economy has continued to show sustained strong growth during the 2023 calendar year. Meanwhile, the Reserve Bank of India is trying to support growth in the face of shrinking fiscal space and an external situation that is worsening by the day. There is also no respite from the domestic market since with the general election approaching pre-poll announcements of freebies are gaining momentum across states. India has set a glide path to reduce the fiscal deficit to 4.5 percent of GDP by 2025-26. In the post-pandemic period, the deficit expanded to 9.1 percent in the first Covid-19 year. Due to worries about financial stability or the potential. for imported inflation, policymakers in emerging markets have made a conscious effort to limit the extent of currency depreciation. The interest rate differential between the US and emerging markets has narrowed to record levels since the decade of 2000. The US yields rose to 16-year highs breaching 5 percent, with central bankers talking about a 'high for long' interest rate environment.

Updated : Oct 26, 2023

Tech Mahindra Q2FY24 Results Analysis

IT major Tech Mahindra reported a 61.1 percent year-on-year (YoY) fall in Q2FY24 consolidated net profit at ₹505.3 crore versus ₹1,299.2 crore. Sequentially, the net profit was down 28.18 percent. In Q1FY24,the net profit of the company was ₹703.60 crore.The consolidated revenue from operations for Q2FY24 came in at ₹12.86 crore, compared to ₹13.12 crore year-on-year (YoY), registering a loss of 1.98 percent. On a quarter-on-quarter (QoQ) basis,

Updated : Oct 21, 2023

Exclusive Interview With Nitin Gupta, Chairman, CBDT

Watch this live and exclusive interview with Nitin Gupta, Chairman, Central Board of Direct Taxes with BTTV Managing Editor Siddharth Zarabi as he delves into the income tax department expectations for tax collections and how the introduction of the new tax regime as the default option has influenced income tax filings this year. The conversation also delves into the changing landscape of cryptocurrency and online gaming, impacted by the imposition of higher taxes on individuals engaged in these sectors.

Updated : Oct 18, 2023

#Easynomics | Can Inflation Impact The Outcome Of Upcoming State Elections?

Elections To Five State Assemblies Of Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana And Mizoram Are Scheduled Next Month. These Elections Will Take Place At A Time When Price Rise Has Led To Higher Interest Rates And Lower Consumption To Some Extent. So, Which Of These States Have High Inflation And Will That Impact The Electoral Outcomes? Watch This Interesting Debate With Political Economy Analyst Shankkar Aiyar, Bank of Baroda's Chief Economist Madan Sabnavis and PN Vijay Financial Services' Founder & CEO PN Vija

Updated : Oct 14, 2023

“India No Longer Isolated From World”

The outlook for the IT sector remains uncertain. India's isolation from global trends is no longer assured, and the IT services narrative could deteriorate. Worrisomely, there's a resemblance in the trajectory of goods exports, and a global slowdown might drive increased imports, posing a threat from inexpensive, high-quality foreign products. Axis Bank's chief economist and part-time member of the EAC-PM Neelkanth Mishra's take on IT Sector.

Updated : Oct 14, 2023

One of India’s Top Economic Minds, Neelkanth Mishra On The ‘India Growth Engine’

The Indian economy seems to be on strong footing with the latest inflation and industrial production data suggesting consumers will get some relief as prices fall and growth continues. This at a time when the International Monetary Fund has said the Israel-Hamas war could spur inflation and hamper global growth if it turns into a wider conflict and leads to an oil price spiral. So how is the economic landscape looking like and what are the key risks that we need to mindful of? Business Today TV’s Managing Editor Siddharth Zarabi Spoke to one of India’s top economic minds Neelkanth Mishra, the chief economist at Axis Bank and part-time member of the EAC-PM and chairperson of the UIDAI.

Updated : Oct 14, 2023

Worst Day For U.S. Bond Market Since Mar 2020

The US bond market faced its worst day since March 2020 due to higher-than-expected inflation, causing 30-year yields to surge by 19 basis points and 10-year yields to rise by 14 basis points. The 10-year yield reached a 16-year high of 4.7%, marking a significant increase from 0.84% in the past three years. This surge raises concerns about 10-year bond yields reaching 5%, impacting new investments and pushing 30-year home-loan rates to a 23-year high of 7.5%. The rise in yields also poses challenges for debt refinancing, and increased bond-market volatility is anticipated in the coming weeks. Axis Bank's chief economist and part-time member of the EAC-PM Neelkanth Mishra explains U.S. Bond Market.

Updated : Oct 13, 2023

Here’s What One Of India’s Top Economic Minds Neelkanth Mishra Has To Say About The ‘India Growth Engine’

The Indian economy seems to be on strong footing with the latest inflation and industrial production data suggesting consumers will get some relief as prices fall and growth continues. This at a time when the International Monetary Fund has said the Israel-Hamas war could spur inflation and hamper global growth if it turns into a wider conflict and leads to an oil price spiral.So how is the economic landscape looking like and what are the key risks that we need to mindful of? Business Today TV’s Managing Editor Siddharth Zarabi Spoke to one of India’s top economic minds Neelkanth Mishra, the chief economist at Axis Bank and part-time member of the EAC-PM and chairperson of the UIDAI.

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Key Reasons For India’s Strong Economic Growth

India Q2 (Jul-Sep) 2023-24 Growth Beats All Estimates

Reality Check Of $4 Trillion India GDP Claim

Fact Check Of $4 Trillion India GDP Claim

Should Management Principles Be Accepted As Universal Truths?

Exclusive Interview With Punit Renjen Who Believes Stubble Burning Is A Solvable Problem

Tata Power Q2, FY24 Results

Deep Dive Into Economies Of Election Bound Indian States

Samvat 2080 Diwali Picks For Building A High Quality Portfolio

Is It About Working Hard Or Working Smart? The 70-Hour Work Week Debate

What Is A Cockroach Portfolio And How Can It Help You Ride A Stock Market Crash?

Former CEA Kaushik Basu Decodes State Of Indian And Global Economy

Tech Mahindra Q2FY24 Results Analysis

Exclusive Interview With Nitin Gupta, Chairman, CBDT

#Easynomics | Can Inflation Impact The Outcome Of Upcoming State Elections?

“India No Longer Isolated From World”

Could India Be Affected By A US Economic Slowdown?

One of India’s Top Economic Minds, Neelkanth Mishra On The ‘India Growth Engine’

Worst Day For U.S. Bond Market Since Mar 2020

Inflation Cools, Industry Zooms

Here’s What One Of India’s Top Economic Minds Neelkanth Mishra Has To Say About The ‘India Growth Engine’

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