DEMOGRAPHIC CHANGE
Britain’s economy isn’t seeing growth anywhere near India’s 7% GDP rise — this has caused fewer differences between the Conservatives and Labour: Jaideep Prabhu
The UK election landscape is marked by economic uncertainties post-Brexit, minimal policy distinctions between parties, and environmental concerns driving voter engagement. Influential figures like Farage, Johnson, and Sunak shape political narratives, while climate change discussions underscore the urgency for sustainable solutions amidst global warming threats.
India starts preparing for a China-like population problem
Falling fertility rates have left India staring at the spectre of looming demographic challenges that have caused big problems for other Asian powerhouses such as China and Japan. The government is now beginning to plan for an aging India which could be a reality within a decade or two.
Sanjiv Bhasin picks top stocks that may outperform in near term
We think the market has retraced very sharply, more sharply than we thought. This is not the time to be too brave, be watchful of what stocks you buy. ABFRL was a darling stock, in the last three days it is up 30%, so has been AB Capital and Vodafone. We think that group is being re-rated. Look for any opportunities to buy.
Mandate 2024 is about making economic governance the new govt's centrepiece
Even though India is experiencing an 8.2% growth rate, the real political question is whether the people feel this growth. Opinions will vary, but the essential takeaway is that much more needs to be done, as indicated by the mandate in Lok Sabha elections.
Rural demand as healthy as urban demand for SUVs: Tarun Garg, Hyundai Motor India
I have been in the industry for 30 years and we had always imagined that the rural customers would prefer smaller cars but there also aspirations are taking over. And also the second thing is that because the infrastructure has really improved and also the dissemination of information has really improved, the aspirations of the rural customers are also shifting them towards SUVs.
"Rewards for doing business in India are significant": Alexander Slater, MD USIBC
In the debut episode of the new podcast series "Doing Business in India," Jonathan Hymer, the Minister Counsellor for Commercial Affairs at the United States Embassy in New Delhi, welcomed Alexander Slater, the Managing Director of the US India Business Council, to discuss the evolving business landscape in India post-pandemic.
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US risks a ‘Forever’ trade war with China, says Economist Stephen Roach
The US is erecting new trade barriers that will hold back China’s sales of key products like electric vehicles, accusing Beijing of building excess capacity using state subsidies and flooding global markets with cheap products.
Insurance stocks offering good defensive positions with strong value additions: Sanjiv Bhasin
Amid election result uncertainties, staying invested is advised. Anticipated market rebound post-results may drive new highs. Favorable fundamentals support quality stock buying, especially in insurance and banking sectors. Opportunities also seen in mid and small-cap stocks like Rattan Power.
Why India needs to quickly make the best use of its working-age population
India is experiencing a rapid decline in population growth, leading to a smaller number of children and a growing proportion of elders. This shift will impact the dependency ratio and the demographic dividend in the country.
India stands out for EM investors in ageing world
The investors are focusing on the two nations in emerging Asia, thanks in part to an expected boom in infrastructure spending, which in turn bodes well for the countries' economies.
Development path for India will not be the same as that of China: Capacity Building Commission Chairman
As India moves towards the mission of 'Viksit Bharat' and becoming a developed country by 2047, the development path for India will not be the same as that of China as they have a different environment and capabilities, Chairman of the Capacity Building Commission Adil Zainulbhai has said.
'Have delivered on 2019 promise of putting corrupt behind bars, our govt leveraged technology to tackle corruption': PM Modi
Prime Minister Narendra Modi, currently vying for a third consecutive term, reaffirms his 2019 pledge to incarcerate corrupt individuals, asserting that he has fulfilled this promise. In an extensive discussion with ET, PM Modi addressed various topics. He reiterates the government's dedication to ensuring that the benefits of progress extend to all individuals in need, irrespective of their caste, creed, or geographical location.
PM panel says Muslims are thriving. Math says that’s not true
Muslim population is not rising the fastest, Hindu population growth is not the slowest — this is what an analysis of the dataset used by the advisory panel to the PM shows
Indian consumer market sees significant drop in average buyer age across cars, smartphones, and TVs
Over the past 5-6 years, the average age of Indian consumers purchasing cars, premium smartphones, and large televisions has decreased significantly, indicating a shift towards younger demographics. Major car manufacturers like Maruti Suzuki, Hyundai Motor, and Mercedes-Benz note a decline in the average buying age from the 40s to the mid-30s, with over 70% of electric car buyers being in their 20s and 30s. Similarly, the average age for purchasing Apple iPhones and large-screen televisions has dropped from the 30s to the late 20s to early 30s.
Up to Rs 1 lakh penalty or jail time; 8 Aadhaar-related criminal offenses, penalties
Aadhaar fraud: Aadhaar number is verified/authenticated by agencies through various modes as prescribed under the Aadhaar Act, 2016. Following are the criminal offences and penalties provided in the Aadhaar Act, 2016 (as amended).
No reason for Muslims to be insecure in India since their population growing, says Anurag Thakur
Anurag Thakur referred to a recent report on India's demographic transition, questioning the insecurity of Muslims, whose population reportedly rose by 45%, and their equal access to welfare programs. Thakur dismissed opposition claims of BJP altering the Constitution or diminishing SC/ST/OBC reservations, accusing Congress of trying to divert these benefits to Muslims.
Report on 'shrinking' Hindu population scary, says Union Minister Pralhad Joshi
This is the only expectation because it has figured prominently in all the media, be it newspapers or news channels," Joshi told reporters here. "This report is scary. Governments must take this report seriously and think about alterative measures," Joshi said.
Jharkhand bearing brunt of migration, lawlessness, rampant corruption: Fin Min Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Thursday alleged that Jharkhand was bearing the brunt of rampant corruption, migration and lawlessness, and a change in governance was the need of the hour in the state. Sitharaman, speaking at an event here, also said that allegations of step-motherly treatment towards Jharkhand were baseless.
Mizoram: 50 Myanmarese refugees increase tally to 34,332
Following a recent influx of 50 individuals from Myanmar to Mizoram, the number seeking refuge has risen to 34,332. According to a Mizoram government official, these individuals are entering Mizoram to avoid being conscripted into the Arakan Army (AA) militant group.
US student protests now reflect a generational change larger than our upcoming elections — aid to Israel no longer gets bipartisan support: Omar Wasow
'In the upcoming US election, the war in Gaza is absolutely a wedge issue in the Democratic party — some parts of it are staunchly pro-Israel and others, particularly younger people and ArabAmericans, are very critical of President Biden’s policies on this. If the war continues, so will these protests — right into the Democratic National Convention. In some ways, this change is even bigger than the election — aid and military assistance to Israel was a relatively bipartisan, broadly supported issue,' says Omar Wasow.
Climate change linked to rising stroke deaths: Global study reveals alarming trends
A new global study published in the journal Neurology has revealed a concerning trend linking climate change-driven temperature changes to an increase in stroke deaths and disability worldwide. The analysis, spanning three decades of data, found that over 5.2 lakh stroke deaths in 2019 were attributable to non-optimal temperatures. The majority of these deaths were due to lower than optimal temperatures, but deaths from stroke linked to higher temperatures have also risen compared to 1990.
View: Time for hum do, hamare do 2.0?
While demographic and lifestyle changes have led to this global trend, most countries have failed to acknowledge and reward their women for the socioeconomic value of their ability to reproduce. Instead, women feel penalised by being unpaid and unrecognised producers, nurturers and caregivers. And even when they are rewarded, it is often too late. For instance, South Korean construction group Booyoung is offering workers a $75,000 bonus for each baby they produce when the country's fertility rate dropped from 0.78 in 2022 to 0.72 in 2023. The administration has spent $270 bn in incentives since 2006 to improve the birth rate.
Smartphone ownership among 44+ drops in urban India, rises in villages
As per the findings of the Kantar-TGI (Target Group Index) study, available exclusively with ET, the gender gap in smartphone ownership has also narrowed over the past five years, even though males consistently exhibited higher ownership percentages. The sharp increase in smartphone adoption levels is pronounced among female users, suggesting a closing gap in technology access.
The Brewing Storm: How global forces will reshape geopolitics
Dr. Thomas P.M. Barnett, principal business strategist at Throughline Inc., discussed the imminent reshaping of the global order due to the convergence of three major factors: demographic transition, climate change, and the rise of a global middle class. He highlighted the impact of climate change, predicting increased temperatures and decreased precipitation in lower latitudes, leading to mass displacement and unprecedented north-south migration.
'Disruptions pose many challenges but offer opportunities too'
The Prime Minister highlights the urgency for sustainable development in the face of challenges such as extreme weather events and geopolitical tensions. He emphasizes the need for collaborative and innovative solutions, given the interconnectedness of nations in a globalized world.
Democracy, demographics and digitisation is propelling India's long-term growth story: Ramesh Damani
Buffett often talks about what he called the ovarian lottery that he was lucky that he was born to white parents in America. I think this generation of Indians should feel very lucky that we are at the right place at the right time.
Budget: Govt panel to look into India's demographic challenges
India surpassed China to become the world’s most populous country in 2023 and there is a growing view among policymakers that measures need to be undertaken if the country needs to attain the goal of becoming a developed nation by 2047.
Govt to set up high-powered committee to consider challenges of population growth, demographic change: FM
In her Interim Budget speech on Thursday, FM said the committee will be mandated to make recommendations for addressing these challenges comprehensively in relation to the goal of ‘Viksit Bharat’
India's gold market at crossroads: Balancing demographic dividends and evolving economic dynamics
To unravel the complexities of India's gold market, an econometric model takes centre stage. Drawing on three decades of data from 1990 to 2020, this model deciphers the complex relationship between income, gold prices, and government policies. The findings reveal that, on the long-term horizon, rising income plays the most substantial role in driving gold demand.
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