The Core Report

On today’s episode, financial journalist Govindraj Ethiraj talks to Somasekhar Vemuri, Senior Director at CRISIL Ratings.SHOW NOTES(00:00) Stories Of The Day(01:19) Stock markets hit record highs on BJP’s election wins, anticipation of lower Govt spending on populist schemes(06:27) And The Core Report’s new energy segment in partnership with the IndiaEnergyWeek kicks off today(07:37) Extreme weather and rains force halt in iPhone manufacturing plants in Chennai.(10:16) Amazon delivers more parcels than delivery giants Fedex or UPS.(11:06) More Indians are moving to financial assets, bond markets expected to triple in size in next 6 years.For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

On today’s episode, financial journalist Govindraj Ethiraj brings you the latest headlines in business and manufacturing. We also feature an excerpt from the recent weekend edition interview featuring Jyoti Mayal, President of the Travel Agents Association of India. SHOW NOTES(00:00) Stories Of The Day(01:00) Stock Markets look set to continue solid run on election results, global equities surge(06:18) Private consumption will drive India’s economy but it has to free itself of loans first(10:44) Hybrid cars are overtaking EV sales in India and elsewhere(15:37) Indians are spending more overseas, including through longer stays but the Government is waryFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

What are some of the emerging trends for travel within and outside India? For Indians, the ambitions seem to be sky-high. 86% of Indian travelers plan to take the same number, if not more, trips abroad in 2024 compared to 2023, according to a Sky Scanner report.While making a point about the resurgence of travel during the pandemic, Jyoti Mayl, President of the Travel Agents Association of India (TAAI), says she could never associate travel with revenge. And would like to replace the terminology “revenge travel” with “reconnect travel.” She says in 2023, sustainable tourism was on people’s minds. The way we travel has altered significantly with ‘experiential travel’ coming in a big way coupled with wellness retreats and longer stays. Tourists are also turning toward AI tools to guide them in spotting holiday destinations, planning activities, and drafting itineraries to make the most of their stay. Jyoti Mayal, the erstwhile Director of New Airways Travels, was elected as the President of the Travel Agents Association of India for the period 2019-2021. For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

On today’s episode, financial journalist Govindraj Ethiraj talks to Dr Arunabha Ghosh, CEO of the Council for Energy, Environment and Water as well as well known fundamental investor (and member of the BSE) Ramesh Damani. SHOW NOTES(00:00) Stories Of The Day(01:10) India’s GDP comes in at a surprise 7.6% for the second quarter.(03:29) World markets have had the best month in 3 years while Tata Technologies IPO makes a triple jump on debut.(06:01) COP28, India wants a road map on climate finance in Dubai.(12:19) Charlie Munger; The Ramesh Damani Interview(29:09) Singapore is more expensive to live in than New YorkFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

On today’s episode, financial journalist Govindraj Ethiraj talks to veteran market analyst and investor G. Chokkalingam of Mumbai-based Equinomics Research as well as Kapil Kaul, CEO of CAPA India.SHOW NOTES(00:00) Stories Of The Day(01:00) BSE listed firms cross $4 trillion in market capitalisation(10:20) Gold prices hit new high, oil soars ahead of OPEC meet, COP 28 starts today.(11:49) Legendary investor Charlie Munger of Berkshire Hathway dies at 99.(18:15) 155 million passengers will fly India’s domestic airlines this year as airlines fight to increase capacity.(27:16) Walmart’s US imports from India went from 2% to 25% in 5 years.For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

On today’s episode, financial journalist Govindraj Ethiraj talks to Sydney-based Peter McGuire, CEO of XM.com, an Australian markets research and forex trading firm as well as Manish Raj Singhania, President of the Federation of Automobile Dealers Associations (FADA).  SHOW NOTES(00:00) Stories Of The Day(00:05) Adani stocks zoom on likely clean chit from courts in Hindenberg case.(03:10) Indian Rupee among best performing currencies in the world this year.(12:04) Indian auto sales hit record festival highs, poll bound states do even better.(19:15) Independent directors come under fire as Raymond family members enter into dispute.For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

On today’s episode, financial journalist Govindraj Ethiraj talks about the latest in Oil & Gas, India’s GDP, the stock market, travel & tourism, along with an excerpt from the recent Weekend Edition interview with tax expert Dinesh Kanabar, CEO of Dhruva Advisors.SHOW NOTES(00:00) A Small Appeal(00:42) Stories Of The Day(01:40) S&P hikes GDP projections for India from 6% to 6.4%, cuts back for next year.(05:28) Oil & Gas companies spend only 2.5% of their investments on clean energy(08:42) Can you think like the tax man and anticipate surprises? Insights from a veteran tax expert.(13:00) Indians get red carpet in south east Asia, Malaysia offers visa free too.For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

On today’s episode, financial journalist Govindraj Ethiraj talks to Ajit Velonie, Senior Director at CRISIL Ratings as well as Sanjog Gupta, CEO of Disney-Star Sports in India.SHOW NOTES(00:00) Stories Of The Day(01:00) Industrial stocks in India record $125 billion rally, outpace consumption ones.(07:53) Bank lending to NBFCS jumps dramatically 3 times to Rs 14,00,000 crore in 5 years with Ajit Velonie(17:52) Massive spikes in new credit cards issued and spends in recent months(18:54) More people are watching satellite television, decoding the World Cup numbers with Sanjog Gupta(27:41) Indian students overtake Chinese in Germany, now at around 42,000.For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

Taxation is an important component to consider while doing business. Is manufacturing attractive in India? What happens when the duty on the components of a product being manufactured is higher than the final product? More than Tariffs, the issue of  price competition is the need of the hour, according to Dinesh Kanabar, CEO of Dhruva Advisors, our guest on the The Core Report, Weekend Edition.  Dinesh Kanabar, winner of “Asia Tax Practice Leader of the Year- 2020“, is a stalwart in the industry and has over the decades been recognised by his peers as amongst the top tax advisors in India. His ability to relate business strategies of clients to the tax and regulatory environment has been recognised as unique and has played a critical role in developing solutions for clients.Prior to founding Dhruva, he held a series of leadership positions across several large professional service organisations in India. He was the Deputy CEO of KPMG India, Chairman of KPMG’s tax practice, Deputy CEO of RSM & Co and Head – Tax and Regulatory at PricewaterhouseCoopers (PWC)For more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

On today’s episode, financial journalist Govindraj Ethiraj talks to ICICI Securities equity strategist Vinod Karki, Bimal Kothari, Chairman of the Indian Pulses and Grains Association as well as Apar Gupta, advocate on technology law and columnist in Indian Express.SHOW NOTES(00:00) Stories Of The Day(02:33) Foreign portfolio investment levels in India hit a 10 year low with Vinod Karki(08:46) Real estate investors in IT Hubs in Hyderabad or Bangalore made a killing in last 3 years.(10:34) How prices of tur dal at home could depend on the outcome of a sinister battle with an African nation with Bimal Kothari(19:14) Deep-fake regulation is on the way, what will it involve? with Apar Gupta(27:33) Record 518 million viewers watched world cricket over 48 matches.For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube