businessline's State of the Economy Podcast

If 2022 was marked by aggressive rate hikes by global central banks, the rate hike cycle is beginning to slow this year and many economies are now pausing the rate hike cycle.

In this State of Economy podcast, Mr Indranil Pan, Chief Economist, Yes Bank, speaks with Lokeshwarri S K, Senior Associate Editor about the possible trajectory for Indian and global interest rates. 

Mr Pan thinks that declining inflation and the need to wait for the impact of the rate hikes made over the last year to manifest on the economies, is making central banks of many countries such as India and South Korea pause the rate hike cycle. While growth is going to slow down across economies, he thinks that will not be a concern as central banks want slower growth to dampen inflation. 

 The RBI has also seen a drop in the inflation expectations of households. “If there is ceteris paribus in terms of the evolving risks globally, and the inflation trajectory in India, we do not see any further hike, we also do not see a cut immediately. At best, we see a relatively longer pause,”  says Pan about the outlook for rates in India. 

He thinks that the critical risk for India this year comes more from the capital account. He thinks FDI flows will be impacted by the funding winter for Start-ups and there would be very limited appetite for ECBs, given the high-interest rates in the rest of the world. The spreads between 2-year sovereign bond yields between the US and India are also at a multi-year low. So, the rupee is unlikely to appreciate sharply as some people are predicting and there could be volatility in the currency market in the second half of the year. 

Listen in!

(Host: Lokeshwarri S K, Producers: Jayapriyanka J & Nabodita Ganguly)

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About the State Of The Economy podcast

India’s economy has been hailed as the bright spot amid the general gloom that seems to have enveloped the rest of the world. But several of its sectors still stutter about even while others seem set to fire on all cylinders. To help you make sense of the bundle of contradictions that the country is, businessline brings you podcasts with experts ranging from finance and marketing to technology and start-ups. 

The Vande Bharat train has created a huge sensation across the country since the first service was flagged off on February 15, 2019, on the New Delhi-Kanpur-Allahabad-Varanasi route.

The train manufactured at Integral Coach Factor in Chennai is an example of the ‘Make in India’ success story. The latest inauguration of the train service was between Thiruvananthapuram and Kasargod in Kerala by Prime Minister Narendra Modi.

The blue and white colored train that has a slight resemblance to the Bullet Train has attracted a lot of attention among the public so much so that many take selfies with the train.

Even colorful trains like the Golden Chariot have not created as much buzz among the public as Vande Bharat has managed to.

Can the buzz around Vande Bharat be used for monetising through merchandising? Yes, it is possible, says brand expert R. Sathyanarayanan, Associate Professor of Marketing, IFMR Graduate School of Business, Krea University.

Listen in!

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About the State Of The Economy podcast

India’s economy has been hailed as the bright spot amid the general gloom that seems to have enveloped the rest of the world. But several of its sectors still stutter about even while others seem set to fire on all cylinders. To help you make sense of the bundle of contradictions that the country is, businessline brings you podcasts with experts ranging from finance and marketing to technology and start-ups.

India is working extremely hard to transition to sustainable energy. Should we be satisfied with the country's development so far when we consider India's aspirations for the clean energy transition, such as the prospects for green hydrogen electric vehicles and carbon capture? Or should the nation make more direct efforts?

In this podcast, Karthik Ganesan, Fellow and Director of Research Coordination, Council on Energy, Environment, and Water (CEEW), and Rishi Ranajan Kala of businessline discuss the transition to renewable energy in detail.

(Host: Rishi Ranjan Kala, Producers: Jayapriyanka J, Nabodita Ganguly)

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About the State Of The Economy podcast

India’s economy has been hailed as the bright spot amid the general gloom that seems to have enveloped the rest of the world. But several of its sectors still stutter about even while others seem set to fire on all cylinders. To help you make sense of the bundle of contradictions that the country is, businessline brings you podcasts with experts ranging from finance and marketing to technology and start-ups.

It's nearly a year since we had a new entrant in the financial services arena - account aggregators. Meant to digitalise, simplify and reduce the time involved in the processes of financial transactions Account aggregators were seen as the next UPI moments in the financial world. Today we have with us Tejinder Singh, chief business officer at CAMSfinserv to take us through the journey of this experiment so far. As a former banker himself Singh joins Hamsini Karthik in breaking it down to you how Account aggregators can make your financial transactions, easy and definitely more secure. 

Apple has been ramping up and scaling up its presence in India over the last few years. 

Apple CEO Tim Cook has been placing some bets on manufacturing, engaging with developers, and most recently, opening our free retail outlets. The tech giant decided to open its retail stores in Mumbai and Delhi. 

How has Apple’s growth trajectory been in India? Does the country provide Apple with a great opportunity to grow, especially because some of the existing markets like the US and Europe are kind of saturated? As per JP Morgan analysts, Apple will move 25% of its production outside China. Is that a possibility? In this episode of the State of the Economy podcast, businessline’s Ayushi Kar and Thomas K Thomas decode these questions with Shilpi Jain, Research analyst, Counterpoint.  

The textile sector, one of the oldest industries in the country, still continues to be critical for the sustainability of the Indian economy. Contributing about 2% to India’s GDP, the labour-intensive sector, is the second largest employer in the country after agriculture. India is also a major exporter of textiles, accounting for 8–9% of total exports.  

However, given the Covid-19 scenario and the ongoing issues in the global market, domestic production has turned sluggish. There are many issues that the government must tackle, such as the move away from cotton by the Western market, LDCS grabbing a greater chunk of the global share, and the harsh environmental and quality standards being imposed by the West.

In this episode, businessline's Amiti Sen talks to Ajay Sahai, Director General and CEO, the Federation of Indian Export Organisations (FIEO), to understand the changing dynamics of the Indian textile industry. Listen in!  

(Host: Amiti Sen, Producer: Nabodita Ganguly)

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About the State Of The Economy podcast

India’s economy has been hailed as the bright spot amid the general gloom that seems to have enveloped the rest of the world. But several of its sectors still stutter about even while others seem set to fire on all cylinders. To help you make sense of the bundle of contradictions that the country is, businessline brings you podcasts with experts ranging from finance and marketing to technology and start-ups.

India's agricultural exports have defied the odds, overcoming the challenges posed by the Covid-19 pandemic and the global economic slowdown. This success can be largely attributed to the Agricultural Processed Food Products Export Development Authority (APEDA).  How did the organisation boost sales?  

In this episode, M Angamuthu, Chairman, APEDA, talks about India’s agricultural export performance with businessline’s Subramani Ra Mancombu.

(Host: Subramani Ra Mancombu, Producer: Nabodita Ganguly)

_______________________

About the State Of The Economy podcast

India’s economy has been hailed as the bright spot amid the general gloom that seems to have enveloped the rest of the world. But several of its sectors still stutter about even while others seem set to fire on all cylinders. To help you make sense of the bundle of contradictions that the country is, businessline brings you podcasts with experts ranging from finance and marketing to technology and start-ups.

The recent monetary policy has surprised many with the fact that RBI decided to pause the rates. But for investors in debt and depositors is -is this the real end of this rate-hiking cycle? Or should we all be prepared for rates to go up a little more as the RBI has left the window open now saying that if inflation goes up, then they may consider further rate hikes? 

In this episode, A. Balasubramanian, MD & CEO of Aditya Birla Sun Life AMC talks about attractive opportunities for investors in debt to Businessline's Aarati Krishnan.

Listen in!

(Host: Aarati Krishnan, Producers: V Nivedita, Siddharth MC)

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About the State Of The Economy podcast

India’s economy has been hailed as the bright spot amid the general gloom that seems to have enveloped the rest of the world. But several of its sectors still stutter about even while others seem set to fire on all cylinders. To help you make sense of the bundle of contradictions that the country is, businessline brings you podcasts with experts ranging from finance and marketing to technology and start-ups.

Major events that occurred in the start-up world in March put founders and investors on alert. There was a lot of worry and uncertainty following the demise of Silicon Valley Bank, a favoured banking partner for many start-ups.  

SVB had exposure to at least 21 start-ups in India as of December 31, 2022, when it had approximately $209 billion in assets and approximately $175.4 billion in total accounts. What impact did this collapse's repercussions have on the start-ups? Additionally, the financial winter had a negative impact.  

In this episode, Yatti Soni talks to Arun Natarajan, Founder, Venture Intelligence, and Sagar Agarwal, Co-founder & MD, Beams Fintech Fund about the current trends in the start-up world. 

Host: Yatti Soni; Producer: Siddharth MC, Nabodita Ganguly, V Nivedita

_______________________

About the State Of The Economy podcast

India’s economy has been hailed as the bright spot amid the general gloom that seems to have enveloped the rest of the world. But several of its sectors still stutter about even while others seem set to fire on all cylinders. To help you make sense of the bundle of contradictions that the country is, businessline brings you podcasts with experts ranging from finance and marketing to technology and start-ups. Tune in!

Unseasonal rain and oil production cuts pose a new challenge to inflation and the overall economy. At the same time, considering the retail inflation based on Consumer Price Index is still over the upper tolerance level,  there is a strong possibility of another round of interest rate hikes.  

How is India's economy likely to fare in the coming quarters and would the RBI's Monetary Policy Committee meet be favourable to a resilient economy.

In this podcast, Aditi Nayar, Chief Economist, ICRA speaks to businessline's Shishir Sinha on India's Macro Economy, the various economic indicators, and the direction in which India's growth is likely to take in the coming months.

Host: Shishir Sinha; Producer: Siddharth MC

_______________________

About the State Of The Economy podcast

India’s economy has been hailed as the bright spot amid the general gloom that seems to have enveloped the rest of the world. But several of its sectors still stutter about even while others seem set to fire on all cylinders. To help you make sense of the bundle of contradictions that the country is, businessline brings you podcasts with experts ranging from finance and marketing to technology and start-ups. Tune in!