Business Today India Magazine - September 15, 2024

In this issue

Highlights of Business Today 15th September 2024 issue:

VITAL SIGNS

Rural consumer demand—essential for overall economic growth—has finally outpaced its urban counterpart in the March quarter. Will it be sustainable enough for the RBI to take a fresh look at its interest rate policy?

2 mins

Fading Shine?

The government's decision to cut import duty on gold led to a dip in prices. But experts back the yellow metal and say the fall is temporary

3 mins

"The larger opportunity is to build for the Global South"

Ola Founder Bhavish Aggarwal on his future plans for his three companies, life after listing Ola Electric, woke culture, and comparisons with Elon Musk

8 mins

Strength in Numbers

As the world’s most populous country, India needs to harness its demographic dividend into a productive workforce with adequate income and social security. This will be crucial in its quest to become Viksit Bharat by 2047. Will we rise up to the challenge?

5 mins

Driving Inclusive Growth

As India marches towards the centenary of Independence, we must ensure no one is left behind

3 mins

Consumer, Conquerer

The ₹65-lakh crore consumer market in India, now the fourth-largest in the world, is poised for transformative shifts over the next two decades, aiming to rank among the Top 2 globally

4 mins

India's Consumer Boom

As rapid economic growth shapes India into a consumerdriven society, it is also reshaping markets and businesses

3 mins

Reasons To Be Bullish

The building blocks are in place for 7-8% growth for a prolonged period; India’s focus should be on sustaining this momentum to become a developed nation

5 mins

A Blueprint for India's Growth

India’s growth story continues to captivate, driven by resilient economic trends and evolving opportunities across key sectors

3 mins

Towards Zero

The year 2047 is a key milestone in India’s target to reach net-zero emissions by 2070. The country needs to mobilise the financial resources to improve renewable energy generation and foray into nuclear power and green hydrogen

4 mins

Viksit Bharat: India's Big Leap

India’s 2047 vision hinges on industry, innovation, gender and collaboration to achieve a globally competitive and prosperous nation

3 mins

Get Sharper

India has made some of the sharpest moves in recent times, which has bolstered its position in the world. But more needs to be done

3 mins

Future Finance

Some potentially transformative innovations are being implemented in the financial sector with the extensive use of technology. These changes can increase the reach of financial products and power the country’s journey

5 mins

Growth With Governance

Strong corporate governance can drive India’s economic ascent, positioning the country as a global leader in transparency and growth

3 mins

Street Smart

The Indian economy is expected to touch 30-35 trillion in 2047 from 3.93 trillion in 2024. That is expected to have a ripple effect on the stock markets and equity investors are set to benefit

4 mins

India's Stock Market Revolution

India is on the way to a 45-trillion stock market, fuelled by rising investor participation, technological advancements, and economic growth

3 mins

Banking On MFs For Wealth Creation

Retail investors, on a journey of wealth creation, have taken to investing in mutual funds of all hues—equity, debt, and hybrid

3 mins

Decoding the Digital Future

By 2047, Al, EVs, and semiconductors will create India’s blueprint. They have the potential to not only enhance digital infrastructure but also address long-standing challenges like urbanisation and climate change

4 mins

Towards Tech Leadership

AI and the strategic growth of GCCs are set to catapult India into a new era of technological leadership

3 mins

AI for Holistic Development

India can emerge as the global leader in harnessing AI to power socio-economic development in its centenary of Independence

3 mins

The Power of the Chip

The government's push for making India a semiconductor hub has attracted big names such as US-based Micron. But profitability and scaleability could prove to be challenges

4 mins

Smart Drive

The automobile industry is seeing a shift towards connected cars. This could shape the domestic market as carmakers increase the share of EVs

4 mins

The Next Stage

India's digital transformation has been fuelled by initiatives suuch as Aadhaar, UPI, and DigiLocker. Moving ahead, the country needs to incorporate emerging technologies and address data privacy concerns as more countries seek to emulate the digital infrastructure

4 mins

India's Digital Renaissance

India’s rapid adoption of technology and digital infrastructure is revolutionising governance, empowering citizens, and driving economic growth

3 mins

Making It in India

A lot of ground needs to be covered to make India a global manufacturing hub. What is the secret sauce needed to fulfil this ambition?

5 mins

Sustaining the Economic Ascent

India is at an inflexion point. The current momentum of economic growth, along with structural changes, will steer the vision of Viksit Bharat

4 mins

Sea of Opportunities

Despite having a 7,500-km-long coastline, the modal share of India’s coastal and inland water transport is very low. The Maritime Amrit Kaal Vision 2047 aims to turn this around with an outlay of ₹80 lakh crore

5 mins

The Great Gig in the Sky

India is set to play a significant role in space exploration, because of a growing private sector and national projects. The country's space economy is projected to reach ₹35,200 crore by 2033. What will the flight path look like by 2047?

4 mins

Navigating Risks for Growth

To sustain rapid economic growth over the medium term, policymakers might need to take some well-calculated risks

4 mins

Reimagining Healthcare

As tech, game-changing policies, and private sector involvement transform the healthcare landscape, what are the key drivers today that are creating a new world for every Indian by 2047?

5 mins

A Healthier, More Equitable Future

The India of 2047 is one where technology enables every citizen to live a healthy, productive life, regardless of economic status

3 mins

It's Showtime!

As segments within the entertainment sector start to gain scale, the game is wellpoised for a big explosion

5 mins

Scripting New Paradigms

By 2047, the Indian economy is expected to be driven particularly by the creative economy. What is also expected to revolutionise is the theatrical experience

3 mins

Bharat Bling

The Indian luxury consumer will have become more evolved by 2047 and won’t be restricted to the big cities, with global brands gravitating towards Tier II oneswith global brands gravitating towards Tier Il ones

5 mins

A First-world Country in Culture and Sophistication

By the time India turns 100, the demand for luxury goods will be driven by craft and authenticity

2 mins

The Great Leveller

ONDC was launched with the aim to democratise the e-commerce market and level the playing field for small businesses. Despite challenges, this initiative promises to bring down the entry barrier in the space

5 mins

Let More Cities Bloom

For India to progress, urbanisation and growth of more cities will play a pivotal role

4 mins

Start-ups Will Fuel India's Growth

India’s burgeoning start-up ecosystem is driving transformative growth, setting the stage for a dynamic future

2 mins

Coding Cash

The digital rupee has been around for nearly two years now, despite facing several challenges. With cash still remaining the king in India, the future of CBDC hinges on its programming and versatility

5 mins

Boosting Start-ups, Shaping India

Start-ups are turbo-charging India’s growth story. But a lot needs to be done to empower them further

3 mins

A $500-billion Opportunity

With the right mix of vision, policy support, and investment, the affordable housing sector could unlock a growth story that addresses a critical human need

3 mins

The Other Emirate

Just an hour away from Dubai, Ras Al Khaimah offers a more laid-back alternative to its glamorous neighbour

4 mins

PASSION PLAY

If you're serious about photography or crazy about gaming, here are two devices that will help you indulge in your passion

1 min

A PRESCRIPTION FOR CAPITALISM

PART ECONOMIC HISTORY AND PART COMMENTARY ON RECENT ECONOMIC EVENTS, SHARMA’S BOOK IS ALMOST A FLY-ON-THE-WALL ACCOUNT, AT TIMES

3 mins

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