Category: Economy

Happy Sunday. ‘Big’ was a word thrown about a fair amount this week. “Big” IPOs. “Big” valuations. No “big” profits, but that’s no “big” problem. The Zomato IPO closed this week. The IPO was subscribed 40 times. We’ll spare you a repeat of the breathless coverage around the public offering but suffice to say that… Continue reading Thinkpad: Go Big, Or Go Home

India’s Chief Economic Adviser is “quite confident” that the central government will meet the fiscal deficit target set for the current year on better-than-expected revenues. The government has budgeted for a fiscal deficit of 6.8% of GDP in FY22, although economists see a risk of slippage due to a recent resumption of food transfers. These… Continue reading “Quite Confident” Of Meeting 6.8% Fiscal Deficit Aim, Says India's Chief Economic Adviser

The June number for the consumer price index in the United States showing a jump of 0.9% month-on-month (in seasonally-adjusted non-annualised terms) and 5.4% year-on-year has added even more fuel to the great inflation debate fire. Surely, the inflation genie is out of the bottle. Not so fast. Going back to inflation basics would suggest… Continue reading The Great Inflation Debate: Back To Basics

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. Systematix Research Report Vedanta Ltd.’s Q1 FY22 consolidated Ebitda at Rs 98.7 billion (up… Continue reading Vedanta Q1 ReviewResults Miss Estimates; Focus Back To Growth Capex: Systematix

Happy Sunday. TIL, or “today I learnt” for those who still believe in full sentences, is one of the few useful phrases in the urban dictionary. Particularly so if you are trying to stay up to speed with all that’s going on in the crypto economy. It all started last week when the $69 billion… Continue reading Thinkpad: #TIL 💭💡 (Sunday)

(Bloomberg) — Early in the global pandemic, travel experts rushed to determine the shape of the recovery. Would it be L-shaped? More like a W? A year later, despite brief upticks and plenty of pent-up demand, the travel rebound has yet to arrive.  Yet there are glimmers of optimism, both for the industry and for people itching to… Continue reading Travel Industry Sees Glimmers of Recovery in Africa, Antarctica

(Bloomberg) — After the first vaccines against Covid-19 demonstrated efficacy, public health officials began to foresee a gradual end to the pandemic. Getting there with a minimum of additional suffering will require widespread inoculation, with the goal of achieving so-called herd immunity. Health specialists warn that vaccine hesitancy — a reluctance to accept immunization —… Continue reading Fear of Vaccine Threatens to Delay Pandemic’s End

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. Almost all major states have announced their ‘State Budget 2021-22’. At all India level,… Continue reading State GSDP Numbers Might Undergo Revision: SBI Research 

(Bloomberg) — Sarcos Robotics is planning to go public through a reverse merger with blank-check company Rotor Acquisition Corp., according to people with knowledge of the matter. The Salt Lake City-based robot maker and the special purpose acquisition company, or SPAC, will have a combined valuation of $1.3 billion including debt, said the people, who… Continue reading Sarcos Robotics Plans SPAC Deal for $1.3 Billion Value