The Core Report
The Core
Every Monday to Saturday, tune in as financial journalist and host Govindraj Ethiraj gives you the latest news in business, economy and technology
Episodes
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Feb 17, 2026 • 27min
#801 Why Markets Are Seeing A Shift In Temperatures
On Episode 801 of The Core Report, financial journalist Govindraj Ethiraj talks to Chokkalingam G, Founder of Equinomics Research Pvt Ltd. We also feature an excerpt from Nandan Nilekani’s recent presentation at Infosys AI Day.SHOW NOTES(00:00) The Take(04:50) Brokerages take note of earnings, recent developments to turn optimistic on markets.(07:17) Why markets are seeing a shift in temperatures(13:32) Infosys bowls a Googly with Anthropic tie-up, argues for importance of IT Services businesses.(24:34) India is looking at $200 billion AI investments.Register for India Finance and Innovation Forum 2026https://tinyurl.com/IFIFCOREFor more of our coverage check out thecore.inSubscribe to our NewsletterFollow us on:Twitter |Instagram |Facebook |Linkedin |Youtube
Feb 16, 2026 • 22min
#800 Markets Recover From AI Scare Trades
On Episode 800 of The Core Report, financial journalist Govindraj Ethiraj talks to T Koshy, Former MD and CEO of the Open Network for Digital Commerce (ONDC).SHOW NOTES(00:00) Stories of the Day(01:14) Anthropic says Indians are heavy duty users of its tool(03:01) Markets recover from AI scare trades(04:41) The India AI Impact Summit kicks off with interesting sessions, curation and some glitches.(11:00) How India’s ONDC project is being replicated in IndonesiaRegister for India Finance and Innovation Forum 2026https://tinyurl.com/IFIFCOREFor more of our coverage check out thecore.inSubscribe to our NewsletterFollow us on:Twitter |Instagram |Facebook |Linkedin |Youtube
Feb 15, 2026 • 27min
#799 Why AI Scare Trading Could Continue This Week Too
On Episode 799 of The Core Report, financial journalist Govindraj Ethiraj talks to Rahul Singh, CIO - Equities at Tata Mutual Fund. We also feature an excerpt from our previous interview with C Vijayakumar, Managing Director and CEO at HCLTech, from our 2025 series NASSCOM conversations.SHOW NOTES(00:00) Stories of the Day(00:50) Why AI scare trading could continue this week too(02:51) Were India’s IT industry leaders ready for this AI disruption?(10:42) Investing trends as the markets emerge from India-US tariff cloud(23:58) The Government allows more exports of wheat and sugar to keep farmers happyRegister for India Finance and Innovation Forum 2026https://tinyurl.com/IFIFCOREFor more of our coverage check out thecore.inSubscribe to our NewsletterFollow us on:Twitter |Instagram |Facebook |Linkedin |Youtube
Feb 14, 2026 • 47min
#798 How India Can Stop Global Capital From Leaving Its Markets? | Govindraj Ethiraj x Ananth Narayan Gopalakrishnan, Former Whole Time Member, SEBI | The Core Report Weekend Edition
How India Can Stop Global Capital From Leaving Its Markets? In this episode of The Core Report Weekend Edition, Govindraj Ethiraj speaks with Ananth Narayan Gopalakrishnan, Former Whole Time Member of SEBI, to decode the real reasons behind capital flight from India, rising FPI/FII outflows, and what reforms could make India’s capital markets more globally competitive.India’s growth story remains strong. Domestic mutual fund inflows are at record highs. Retail investor participation has exploded from 4 crore to over 14 crore investors. Yet foreign portfolio investors have been pulling money out. Why?Is it valuations?Tax policy?Market structure?Global geopolitics?Or friction in how foreign capital enters and exits India?In this deep, data-backed conversation, we explore:• The demand–supply mismatch in Indian equity markets• Record domestic mutual fund flows vs IPO supply• Why valuation pockets may discourage foreign investors• The role of derivatives and index options in market liquidity• Retail trading losses and financial stability concerns• Capital gains tax and whether India should adopt residence-based taxation• How tax neutrality across asset classes could rebalance capital allocation• Should India allow more outward investments to reduce valuation pressure?• What SEBI can do to reduce friction for global institutional investorsFor professionals in finance, consulting, investing, startups, or policy, this episode provides a structural understanding of India capital markets, foreign portfolio investment trends, and the future of global capital flows into India.If you track FII selling, FPI data, Nifty, Sensex, SEBI reforms, mutual fund flows, IPO markets, bond markets, or India’s economic policy, this conversation connects the dots.India is not short of capital — but is it structured correctly?Are we making it easy for global capital to stay?And what changes could unlock the next decade of sustainable market growth?Watch till the end for a powerful framework on how India can balance domestic investor growth with long-term global capital participation.If you found this valuable, share it with colleagues in finance, investment, consulting, and policy.Subscribe for sharp conversations on markets, regulation, and the future of India’s economy.#IndiaStockMarket #CapitalFlows #SEBI #FII #IndianEconomy #TheCoreReport #TheCore
Feb 12, 2026 • 27min
#797 The IT Fear Wave Bringing Down Markets
Sheetal Sapale, VP Commercial at PharmaRack, tracks pharma trends in India including GLP-1 weight-loss drugs. Aditi Nayar, Chief Economist at ICRA, analyzes inflation and GDP measurement shifts. They discuss IT sector repricing amid AI fears. They explore CPI rebasing, changing inflation weights, and implications for policy. They also cover the coming boom and generics race in weight-loss drugs.
Feb 11, 2026 • 28min
#796 Financials Are Powering The Benchmarks As Markets Stay Flat
On Episode 796 of The Core Report, financial journalist Govindraj Ethiraj talks to Prabhu Dhamodharan, Convenor of the Indian Texpreneurs Federation as well as Priyam Gandhi-Mody, Executive Director, Future Economic Cooperation Council (FECC).SHOW NOTES(00:00) Stories of the Day(01:00) Financials are powering the benchmarks as markets stay flat(03:27) Indigo says it has complied with norms it was supposed to in December(04:21) Indian negotiators score fresh wins in evolving India-US tariff deal(05:35) A deep dive into cotton economics behind the Bangladesh reciprocal deal for garment exporters and the India connect(19:40) Not just Delhi, Mumbai has several interesting conferences lined up next week tooRegister for India Finance and Innovation Forum 2026https://tinyurl.com/IFIFCOREhttps://fec-council.org/aboutFor more of our coverage check out thecore.inSubscribe to our NewsletterFollow us on:Twitter |Instagram |Facebook |Linkedin |Youtube
Feb 10, 2026 • 25min
#795 Foreign Portfolio Investments Are Keeping The Market Steady
On Episode 795 of The Core Report, financial journalist Govindraj Ethiraj talks to C S Vigneshwar, President of the Federation of Automobile Dealer’s Association (FADA) as well as Amit Goel, Co-founder & Chief Global Strategist at PACE 360.SHOW NOTES(00:00) Stories of the Day(00:50) Foreign portfolio investments are keeping the market steady, despite whiffs of negative news(02:21) Investments in gold ETFs overtake equities, what does that mean(10:16) Action in the high seas picks up as shadow tankers are seized by India(12:35) Bangladesh gets a leg up with a preferential deal for garment exports to the US(14:54) The interesting reason why entry level car sales have shot upRegister for India Finance and Innovation Forum 2026https://tinyurl.com/IFIFCOREFor more of our coverage check out thecore.inSubscribe to our NewsletterFollow us on:Twitter |Instagram |Facebook |Linkedin |Youtube
Feb 9, 2026 • 35min
#794 Dip Buying is Back, How Long Will It Last?
On Episode 794 of The Core Report, financial journalist Govindraj Ethiraj talks to Anshuman Kanoria, Chairman of the Indian Tea Exporters Association. We also have an excerpt from our recent panel discussion “Tax and Tariffs” featuring Ajay Rotti, Founder of Tax Compaas; Madhavi Arora, Chief Economist at Emkay Global; Ritesh Kanodia, Partner—Indirect Tax Litigation and Advisory at Aurtus; and Rahul Mehta, Chief Mentor of the Clothing Manufacturers Association of India (CMAI).SHOW NOTES(00:00) Stories of the Day(00:50) Dip buying is the new term, how long will it last?(03:33) Why inflation is projected to rise(05:17) Oil tankers carrying Russian oil switch away from India(06:55) Strengthening India’s Global Tea Trade(19:48) India is well poised to take advantage of lower tariffsRegister for India Finance and Innovation Forum 2026https://tinyurl.com/IFIFCOREFor more of our coverage check out thecore.inSubscribe to our NewsletterFollow us on:Twitter |Instagram |Facebook |Linkedin |Youtube
Feb 8, 2026 • 30min
#793 The Markets Decipher Fresh India-US Deal Announcements
On Episode 793 of The Core Report, financial journalist Govindraj Ethiraj talks to Indrani Bagchi, CEO, Ananta Aspen Centre. We also feature an excerpt from our recent interview with Nitin Saini, Vice President – Marketing at Mondelez India (Full video is available on youtube).SHOW NOTES(00:00) Stories of the Day(05:09) The markets will have to decipher a fresh set of India-US deal announcements.(08:48) India is pushing back on areas like corn and soybean in India-US deal.(12:06) What can we take away from the critical political optics of the India-US deal.(20:34) Behind Mondelez’s success in driving brands like Cadbury and Oreo in Indian marketsJoin us at the Quorum for our Post Budget DiscussionRegister for India Finance and Innovation Forum 2026https://tinyurl.com/IFIFCOREFor more of our coverage check out thecore.inSubscribe to our NewsletterFollow us on:Twitter |Instagram |Facebook |Linkedin |Youtube
Feb 5, 2026 • 29min
#792 A Formal Trade Deal with US is at Least 6 Weeks Away
On Episode 792 of The Core Report, financial journalist Govindraj Ethiraj talks to Vaibhav Porwal, Co-founder at Dezerv as well as Dr Nipun Sharma, CEO at TeamLease Degree Apprenticeship.SHOW NOTES(00:00) Stories of the Day(01:15) A formal trade deal with the US is at least 6 weeks away(04:37) What could drive markets in the next few months?(14:41) Middle east tensions are driving oil prices again(15:57) How women apprentices are increasingly entering the workforce(26:00) Why do some restaurants last a 100 years and others don’t?Join us at the Quorum for our Post Budget DiscussionRegister for India Finance and Innovation Forum 2026https://tinyurl.com/IFIFCOREFor more of our coverage check out thecore.inSubscribe to our NewsletterFollow us on:Twitter |Instagram |Facebook |Linkedin |Youtube
