Business Today

A leading business magazine read by the business leaders for staying ahead and managing challenges that comes right away in the ever changing world of business.

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Business Today

ALL GUNS BLAZING • The success of Operation Sindoor was the direct result of the government’s laser-sharp focus on strengthening India’s defence sector and promoting indigenous innovation.

ARMED FOR GROWTH • The defence sector is poised for a phenomenal rise, evident in the near 21% rise in the Nifty India Defence index since April 22, the day of the terror attack in Pahalgam

Trump’s U-Turns • The US-China trade deal has eased tensions between the two biggest economies but could hurt India. However, the country can benefit by expanding its manufacturing capabilities in a globally competitive way

FALLING OIL PRICES, STABLE RUPEE TO BOOST GROWTH • Crude oil prices for the Indian basket saw a sharp rise from $63.40 per barrel in April 2021 to $116.01 in June 2022

“D2C MODEL ALLOWS US TO DELIVER BETTER PRICING, HIGHER TRANSPARENCY” • Animesh Das, MD & CEO of ACKO General Insurance, on transparency in claim settlement, growth drivers, and more

“INDIA DEMANDS VALUE” • Wee Siew Kim, Director, Representative Executive Officer & Co-President, Nippon Paint Holdings Co. Ltd and Group CEO, NIPSEA Group, on India paint business and the expansion strategy

“OPTIMISTIC OF A PICK-UP IN PRIVATE INVESTMENT” • Saugata Bhattacharya, external member of the Monetary Policy Committee of the RBI and Senior Fellow at the Centre for Policy Research on the state of India’s economy

“Generational chance of export-led growth” • Sajid Z. Chinoy, MD and Chief India Economist at JPMorgan, on the economic outlook for India and the world

THE NEW-LOOK SERUM • ADAR POONAWALLA-LED SERUM INSTITUTE OF INDIA WAS THE POSTER CHILD OF THE FIGHT AGAINST COVID-19 WITH COVISHIELD. IT IS NOW UNDERGOING A TRANSFORMATION BY LEVERAGING R&D TO SHORE UP ITS FINANCES, WHICH FELL OFF A CLIFF AFTER THE PANDEMIC

THE COMPETITIVE LANDSCAPE

“INDIA NEEDS TO BACK ITS INNOVATORS WITH CAPITAL” • Adar Poonawalla, CEO, Serum Institute of India, on life after Covid, vaccine pricing, and expansion into new frontiers

IN DIRE STRAITS • A fresh IMF loan might provide temporary relief to Pakistan’s economy—in shambles for decades now—but will it be able to sustain without long-term reforms, especially after the military escalation with India reveals its priorities lie elsewhere?

“I’m more positive on India than on China” • Mark Mobius, Chairman of the Mobius Emerging Opportunities Fund, on how the ceasefire with Pakistan can act as a trigger for the Indian markets

UNDER THE TAX LENS • THE INCOME TAX DEPARTMENT HAS ENHANCED ITS ABILITY TO MONITOR AND PROFILE TAXPAYERS IN A BID TO PREVENT TAX EVASION AND WIDEN THE TAX BASE. BUT TAXPAYERS COMPLAIN OF HIGH COMPLIANCE BURDEN AND MISUSE OF POWERS

FREIGHT AMBITIONS OFF TRACK • WITH A SHIFT TO ROAD TRANSPORT AND CAPACITY CONSTRAINTS, THE RAILWAYS’ TARGET OF DOUBLING FREIGHT TRAFFIC OVER THE NEXT FIVE YEARS LOOKS AMBITIOUS

NOVO EYES INDIA’S WAISTLINE • NOVO NORDISK IS MAKING A STRATEGIC PUSH INTO INDIA’S WEIGHT-LOSS MARKET TO SECURE ITS POSITION AHEAD OF COMPETITION FROM GENERICS AND RIVALS LIKE ELI LILLY’S MOUNJARO

ROAD TO SELF-RELIANCE • RIL’S $128-BILLION TOP LINE MAKES IT BIGGER THAN THE GDP OF MORE THAN 130 COUNTRIES. NOW, ITS GOAL IS TO EMERGE AS ‘AN ECONOMY IN ITSELF’ OVER THE NEXT 10 YEARS

CRISIS FOR INDEPENDENCE • WHY BANKS AND NBFCs CAN’T FIND THE INDEPENDENT DIRECTORS THEY NEED

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