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Cricket for free might be a loss-making strategy. But the Disney-Reliance duo are betting long
The Disney-Reliance combine commands a monopoly market share of cricket ad revenues but that may not be enough to cover the money spent on broadcasting rights. Their gamble of streaming marquee cricket matches for free, however, could convert into a much larger subscriber base
4 min read29 Jun 2024India needs a heatwave allowance. But the govt will have to set the ball rolling
The Indian government extends several allowances for its employees such as a hardship allowance and even a clothing allowance for some. Maybe it should also introduce a heatwave allowance so the private sector takes cues for its gig workers and others having to work in extreme weather conditions
2 min read24 Jun 2024Is Nvidia’s near-monopoly status dangerous for the AI industry?
Intel and AMD provide credible alternatives. But Nvidia’s proprietary software platform makes it difficult for its customers to jump ship, since more than 4 million global developers rely on it to build AI and other apps.
4 min read21 Jun 2024Can Hyundai get a higher valuation than Maruti?
Maruti Suzuki India generally trades at a PE multiple of 28-29x thanks to its dominant share of the passenger-car market, but HMI is second in terms of volume and has a higher average selling price than Maruti as SUVs comprise around 60% of its sales.
4 min read19 Jun 2024Can desi soft power export cricket to the US?
The game’s popularity in the US is evident, and with a large base of potential players, developing homegrown talent from the immigrant population should not be a problem
3 min read14 Jun 2024Sebi must frame policies on disclosure, conflict of interest for exit pollsters
Sebi must insist on full disclosure of any conflict of interest on the part of exit pollsters to preserve the integrity of market regulations
4 min read12 Jun 2024Modi 3.0: The return of the coalition. And maybe the Planning Commission?
Central-state financial relations may need to be redrawn, more so because BJP lacks the political mandate to push back.The absence of the Planning Commission, which acted as an intermediary between the states and the ministry, is a serious weakness Modi will have to contend with in his third term.
3 min read8 Jun 2024It’s the economy! Rural voters send out a strong message on economic distress
The blame for rural distress becoming the BJP’s blind spot must go to its echo chamber of economists and spin doctors who have systematically obliterated analyses, empirical studies, and government surveys from the discourse
4 min read5 Jun 2024Agnibaan’s test flight shows Indian aerospace is done playing catch-up
The launch vehicle built by Agnikul Cosmos, one of ISRO’s startup “babies”, is 3D-printed and has a cutting-edge engine that uses semi-cryogenic technology, which few nations possess.
4 min read31 May 2024India may be heading for a 50-degree-Celsius economy. Is it ready?
The primary agenda for the next Union government has been already scripted by the scorching summer
3 min read29 May 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
Adani v. Hindenburg: The short selling saga
In January, 2023, US-based investment research firm Hindenburg published a detailed report on the Adani Group stocks. In the report, it alleged various counts of fraud by the Gautam Adani-led group. Shortly before Hindenburg released the report, it shorted all of the listed stocks by Adani. A bloodbath on the bourses followed: $111 billion worth of investor wealth was wiped out in a few days following the public release of the report. The Securities and Exchange Board of India (Sebi) is conducting its own probe into the allegations, but the Supreme Court has refused to intervene in the matter. Mint has been on top of the entire short-selling saga since the first report — laid out for you here in a convenient format.