Anil Sasi
Anil Sasi is National Business Editor with the Indian Express and writes on business and finance issues. He has worked with The Hindu Business Line and Business Standard and is an alumnus of Delhi University.
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HUL chief Sanjiv Mehta: Neighbourhood grocer, online channels stood out during pandemic
The 3 per cent growth in the September quarter, Mehta said, came from 80 per cent of HUL’s portfolio — food, nutrition and hygiene products — growing at 10 per cent.
Sat, Oct 31, 2020
‘Now when it is India’s time under the sun, I do hope that globalisation does not retreat’: HUL CMD Sanjiv Mehta
Sanjiv Mehta, chairman and managing director of Hindustan Unilever Ltd, said while there is a very clear and apparent improvement in consumption between the June quarter and September quarter, the trends differ in rural and urban areas. Edited excerpts:
Sat, Oct 31, 2020
Explained: How household wealth rose despite Covid-19 impacting incomes
The trend of rise in household wealth, as reported by the latest Credit Suisse report, too can be traced back to the concerted government and central bank actions to mitigate the Covid-19 fallout.
Thu, Oct 29, 2020
Explained: Why an all-electric version of the Hummer is a game-changer
The iconic tank-like supertruck is back, without its biggest handicap – the giant, gas-guzzling engine. If GM's gamble pays off, it could be the most resounding endorsement yet of a decisive shift to electric from fossil fuels.
Thu, Oct 22, 2020
Covid puzzles: Jobs back, labour shrinks, demand low but inflation still high
While much of the world is seeing benign inflation trends, India is a clear exception. Among the drivers of headline inflation in India in recent months has been food prices, especially those of vegetables.
Tue, Oct 20, 2020
Uranium Supplies: Lack of ‘viability of proposals’, DAE drops offers by two Australian cos
India-Australia ties have been on an upswing since 2012, when the Australian government decided to sell uranium to India despite India not being a signatory to the nuclear Non Proliferation Treaty, which was formalised by way of a bilateral agreement in 2014.
Thu, Oct 15, 2020
Dilip Ratha: ‘Fall in remittances will add to fiscal difficulty of states … there’ll be direct & indirect impact on tax revenues’
We have seen that flows from the Gulf Cooperation Council (GCC) countries to neighboring countries have been resilient in the months of June and July.
Mon, Sep 28, 2020
Covid-19, oil price shock may lead to remittances falling 20% this year: Expert
Kerala and Punjab are two of the largest remittance recipients among Indian states, and are likely to bear the brunt of the fall in remittance flows, Dilip Ratha, who heads the global migration think tank KNOMAD, told The Sunday Express.
Sun, Sep 27, 2020
Remittance dip: Kerala to seek nod to issue ‘diaspora bonds’ to tap into savings of non-residents
These bonds will tap into the savings of non-resident Keralites, a majority of whom are in the Gulf Cooperation Council (GCC) countries, where their deposits in banks earn near-zero per cent interest.
Sun, Sep 27, 2020
Explained: Reading the Federal Reserve’s guidance
To stimulate the US economy, Federal Reserve has indicated that benchmark interest rates would remain near zero at least until 2023. What is the background of its guidance, and the implications for India?
Sun, Sep 20, 2020
Rural distress looms: dip in crop prices, remittances; rising Covid cases
While the over 3% agriculture growth in the first quarter factored in strong Rabi procurement, with high-price realisations getting reflected in the output numbers, fresh data from mandis indicate a slide in the prices of the intercrop produce — horticulture, milk and poultry etc.
Sun, Sep 13, 2020
Telangana powerhouse fire: Red flags raised over dam’s poor upkeep, funds crunch in 2 states
The poor financial situation of utilities also typically translates into illegular maintenance and upkeep of other parts of the power plant.
Sat, Aug 22, 2020
Electricity to inter-state transport: Faster growth pick-up where Covid control better
Maharashtra, Tamil Nadu had 40% cases, but posted sharp rise in goods movement.
Mon, Aug 17, 2020
RK Singh: ‘We believe we have to switch over to renewables … we will not only meet our commitment, we will exceed it’
It was only in April that we had a major dip (in power demand). But, I can tell you this: from what I have seen, I think our demand is going to gallop, says RK Singh.
Mon, Aug 17, 2020
Govt push sees players lining up to make solar equipment
The proposals over the last couple of months to domestically manufacture solar equipment in India include those from the US-based First Solar, Gurgaon-based Renew Power, Kolkata-based Vikram Solar and the Delhi-headquartered Waaree Energies.
Thu, Aug 13, 2020
Explained: What is behind the UK’s recession, and is India too headed for one?
The United Kingdom — which already has the highest death toll in Europe from the virus — seems to be paying for being late in imposing lockdown restrictions, as compared to its neighbours such as Spain and France.
Thu, Aug 13, 2020
Explained: Two reasons why RBI did not cut interest rates, contrary to expectations
CPI inflation is rising, and has breached the central bank's medium-term target. And the MPC has already cut repo rate by 115 basis points over the course of the last seven months
Fri, Aug 07, 2020
Explained: What’s behind US GDP slide and why is China different
The worrying news for the US is what economists seem to be widely projecting -- that the scale of this fall in the first quarter will be dwarfed by that in the second.
Fri, Jul 31, 2020
Explained: In market high, some fears
The primary reason why markets around the world are rallying is the mega stimulus packages announced by global central banks. A crash in the US could have a cascading impact on India
Wed, Jul 29, 2020
Explained: What is the significance of Kakrapar-3?
KAPP-3, which attained criticality on Wednesday morning, is India’s first 700 MWe unit, and the biggest indigenously developed variant of the Pressurised Heavy Water Reactor.
Sun, Jul 26, 2020
What sold or didn’t in lockdown: Bread, jam up, ice-cream down
While the two-month national lockdown generally dampened spending, fast-moving consumer goods (FMCG) companies saw certain unusual trends in demand in certain product categories, company executives said.
Thu, Jul 23, 2020
Explained: The new technology cold war
US has moved to block China's access to chipmaking tools and designated Huawei, ZTE as national security threats. With the 5G rollout imminent, the tussle will not leave other countries, including India, untouched.
Thu, Jul 23, 2020
Explained: China’s unexpected GDP rebound, and signals for India
In India, with most economic activities losing two months of output and subsequent localised lockdowns being announced by states in the wake of the surge in case load, the recovery process looks like it would be an extended one.
Wed, Jul 22, 2020
Electricity to jobs: Uptick in economy but that’s flattening
That the “unlocking” has been patchy is reinforced by Google footfall data showing that while public mobility has improved in recent weeks across India, states that have higher infection rates are seeing curtailed public movement and economic activity.
Sun, Jul 12, 2020
Behind market rebound: What explains this trend, and how likely is it to sustain?
Since a slump on March 23, India’s stock markets have been rising despite Covid-19, tensions with China and projections of economic contraction. What explains this trend, and how likely is it to sustain?
Sat, Jul 11, 2020