

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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Nov 10, 2023 • 26min
#145 India Vulnerable To Recurring Food Price Shocks: RBI Governor
On today’s episode, financial journalist Govindraj Ethiraj talks to Kunal Sodhani, Vice President, Global Trading Center at the Korean Shinhan Bank in Mumbai as well as Rajamani Krishnamurti, President of the Indian Stainless Steel Development Association (ISSDA).SHOW NOTES[00:00] Stories Of The Day [01:00] India vulnerable to recurring food price shocks, says Reserve Bank Governor.[04:30] Rupee hits a fresh low against the USD, what is keeping it down[14:14] Why Indian stainless steel manufacturers are upset with China?[21:40] From gyms and spas to skincare and supplements, wellness is a $5.6 trillion industryFor 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

Nov 9, 2023 • 26min
#144 India Inc Are Building Almost 40% Of The India's Renewable Energy Capacity
On today’s episode, financial journalist Govindraj Ethiraj talks to Vinay Rustagi of CRISIL Research and earlier MD of Bridge To India Energy.SHOW NOTES[00:00] Stories Of The Day[01:00] Sharp drops in oil demand forecasts push prices lower, markets are steady.[03:03] Is it a problem if one company owns too many ports ?[07:46] Indian companies are building almost 40% of the country's renewable energy capacity for own consumption.[18:04] India’s well to do open up their purses, homes costing Rs 4 crore double in sales.[19:55] Tesla may launch in India but by importing the car from GermanyFor 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

Nov 8, 2023 • 21min
#143 Middle East Tensions Have Little Impact On India: CRISIL
On today’s episode, financial journalist Govindraj Ethiraj talks to Satish Pai, MD, Hindalco, in an excerpt from a more in-depth interview featured on the The Core Report: Weekend Edition.SHOW NOTES[00:00] Stories Of The Day [01:00] Middle East Tensions have little impact on India, says Crisil in exhaustive research report.[05:05] West Texas Intermediate Crude falls below $80 a barrel, in sign that global demand is weak.[08:25] India’s fast-moving consumer goods (FMCG) industry reported a 9% year-on-year jump in September quarter sales, says NielsenIQ[11:54] Singapore Airlines posts second highest quarterly profits, Europe fares set to drop after revenge travel phase seems to end.[14:12] Understanding Supply Chains Of Aluminium and Copper with Satish Pai (An Excerpt from The Core Report Weekend Edition). Click here for the full interviewFor 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

Nov 7, 2023 • 28min
#142 Rating Agency Fitch Upgrades India GDP Target To 6.2%
On today’s episode, financial journalist Govindraj Ethiraj talks to Manish Raj Singhania, President of FADA (Federation of Automobile Dealers Association) as well as economist Dr Brinda Jagirdar.SHOW NOTES[00:00] Stories Of The Day[01:00] Rating agency Fitch upgrades India GDP target to 6.2%, Indian stockmarkets hit 2-week high[07:37] Indians are buying fewer entry level cars leading to massive inventory buildups among dealers[16:05] The Rs 200,000 crore subsidy bill for food grain, how will the Government foot it?[23:15] Delhi Air Quality Stays Severe, Govt now to go for odd-even day car scheme[24:43] Emirates wants to convert passenger aircraft to cargo on strong cargo demandFor 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

Nov 6, 2023 • 29min
#141 Risk Premiums On Crude Oil Are Receding Sharply
On today’s episode, financial journalist Govindraj Ethiraj talks to Arunabha Ghosh, CEO of the Council for Energy, Environment and Water or CEEW as well as cricket writer and sports commentator Ayaz Memon.SHOW NOTES[00:00] Stories Of the Day [01:00] Risk premiums on crude oil are receding sharply a month after Hamas attack on Israel.[04:46] India’s Prime Minister sets a poverty benchmark by giving 800 million poor Indians free ration. [08:28] Air pollution cripples Delhi, even as responses are too feeble and too late.[10:50] India Inc needs to get more active in communities and business plans in climate change efforts.[20:28] Pitch report, lessons for The Core Report audience from the World Cup series so far, with Ayaz MemonFor 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

Nov 4, 2023 • 32min
#140 ‘Industry 4.0 Helping Evade Unplanned Downtime’: Satish Pai, MD, Hindalco
Listen to Satish Pai, MD of Hindalco Industries, in conversation with Financial Journalist Govindraj Ethiraj as he breaks down how ‘Industry 4.0’ is aiding manufacturing businesses in evading unplanned downtime. Tune in to the conversation to gain insight into the recyclable nature of aluminum, India’s contribution to cater to the demand driven by the ‘China plus one strategy’, and more.Mr. Satish Pai is the Managing Director of Hindalco Industries. He took over as the CEO of Hindalco's Aluminium Business in August 2013.Mr. Pai was the driving force behind three mega greenfield projects that established Hindalco as among the biggest producers of primary aluminum in Asia. He is also on the Board of Hindalco subsidiary - Novelis - the world's largest aluminum rolling and recycling company.In February 2014, he was appointed as the Deputy Managing Director of the company and was also entrusted with Hindalco's copper business.Mr. Pai became the Managing Director of Hindalco in August 2016, where he oversees the Indian metals business and guides Novelis' operations globally.Before joining the Aditya Birla Group, Mr. Pai worked with Schlumberger, based out of Paris. Throughout his 28-year career with the MNC, he held important positions and was responsible for Schlumberger operations globally.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

Nov 3, 2023 • 18min
#139 Abu Dhabi May Bring In $50 Billion Of Investments Into India
On today’s episode, financial journalist Govindraj Ethiraj talks to Harsh Binani, co founder of SmartWorks, one of India’s largest managed workspace platform for enterprises.SHOW NOTES[00:00] Stories Of The Day[00:51] US Federal Reserve saves the day, Indian markets rise after two losing sessions.[02:33] Abu Dhabi may bring in $50 billion of investments into India.[04:00] Biggest ever IPO rush as companies hope to benefit from strong market.[07:08] WeWork is set to declare bankruptcy, how is India’s shared office space business stacking upFor 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

Nov 2, 2023 • 26min
#138 GST Collections Are At Second Highest Level So Far
On today’s episode, financial journalist Govindraj Ethiraj talks to Prithviraj Kothari, president of the India Bullion and Jewellers Association as well as Piyush Tewari, Founder and CEO of SaveLife Foundation (an organisation which works in road safety, both in policy support as well as illustrative ground interventions in crash prevention and post crash response).SHOW NOTES[00:00] Stories Of The Day [01:00] India’s goods & service tax or GST Collections are at second highest level seen so far, touch Rs 172,000 crore[05:38] Unemployment rate jumps to 10.5%, says CMIE[07:12] Highest customs rate in history on gold bullion lead to Rs 10 lakh per kg difference in prices between international and domestic[14:58] India recorded the highest number of road fatalities at over 168,000 last year. Why is this happening despite new vehicles and roadsFor 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

Nov 1, 2023 • 21min
#137 India’s Q2 GDP Will Surprise On The Upside, Says RBI Governor
On today’s episode, financial journalist Govindraj Ethiraj talks to Vivek Rathi, Director, Research at Knight Frank.SHOW NOTES[00:00] Stories Of The Day [00:55] India’s 2nd Quarter GDP will surprise on the upside, says RBI Governor.[04:06] Foreign portfolio investors are selling Asia outside of China too.[07:15] Mumbai hits an all time record for October home sales, outlook still strong. [15:59] Comparing banks to tech companies is demeaning; Citi India Chief[17:33] Thailand throws open borders for Indian tourists, offers free visas.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

Oct 31, 2023 • 14min
#136 Markets Adapt To Israel Invasion And Bet On Limited Impact. Oil Below $88 A Barrel
On today’s episode, financial journalist Govindraj Ethiraj talks to Tushar Jani (in an excerpt from the weekend edition), founder of Blue Dart Express Ltd and Blue Dart Aviation and currently Chairman of Cargo Service Centre (CSC) India.SHOW NOTES[00:00] Stories Of The Day[01:05] Markets adapt to Israel invasion and bet on limited impact. Oil below $88 a barrel and stocks are up[02:39] Foreign portfolio investor Chris Wood of Jeffries says Indian markets could take a 25% knock if the Modi Govt did not return in the next elections[05:16] Air freight capacity of India grows to accomodate increasing high value cargo[08:17] As wealth grows, so must desire to protect it. Indians are buying locks worth Rs 22,000 each[10:42] Tech giants are making a come backFor 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


