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Only Profit Counts • Across sectors, the common challenge today is shifting from growth at any cost to building profitable and sustainable businesses. Companies that competed primarily on scale are now being judged on profitability and operating discipline. This issue examines three ongoing transitions—quick commerce’s search for viable unit economics, Tech Mahindra’s turnaround journey, and crypto’s struggle for a sustainable regulatory path in India.
UPI Rises, Cash Stays • India's rapid shift to digital payments has not reduced its appetite for cash. Despite the explosive growth of digital transactions and UPI, currency in circulation continues to rise. RBI Deputy Governor Shirish Chandra Murmu has called this a "cash paradox". The simultaneous growth of digital transactions and physical currency has made it harder for the RBI to predict cash demand and plan currency production
A LONG WAIT • The wait for the 57th meeting of the GST Council, which is set to take place after over a year, just got longer. While the meeting was initially scheduled for September 12, it has now been rescheduled to avoid a clash with the BRICS Leaders' Summit set to take place in the national capital on September 11 and 12. The GST Council is now likely to meet on October 7. Industry is keenly awaiting the new measures that the Council may announce.
“Development and environment are not adversaries” • Uttarakhand Chief Minister Pushkar Singh Dhami on industrial expansion, investor confidence, jobs, reverse migration and aspirations of the new generation
A QUICK RESET • WHILE FUNDS ARE STILL POURING INTO INDIA'S QUICK COMMERCE SEGMENT, COMPETITION IS PICKING UP. THE WINNERS WILL BE THOSE THAT CAN TURN MASSIVE SCALE INTO SUSTAINABLE PROFITS
CRYPTO REDUX • Despite regulatory uncertainty and stiff taxes, virtual digital assets continue to see a steady inflow of investors. As widespread adoption continues, is it time for India to introduce regulations?
India’s data centre boom and the GST conundrum • Tax certainty on input credits could prove critical as India competes for data centre investments
TECH MAHINDRA'S TURNAROUND TEST • India's fifth-largest IT services firm is close to achieving its ambitious targets even as the $315 billion IT industry faces one of its most challenging periods
A Change Maker Shaping India’s Growth Story • Nutricircle: Transforming India’s Indigenous Pulses & Millets into a Global Protein Advantage
LEVY ON UPI • SINCE 2020, INDIA'S FAVOURITE PAYMENT MECHANISM HAS BEEN FREE OF CHARGE. WILL A POTENTIAL LEVY OF MDR STRENGTHEN THE UPI ECOSYSTEM OR SLOW DOWN ITS ADOPTION?
Nandhiji on the Power of Conscious Leadership in Business • In a world dominated by algorithms, can profit and purpose co-exist? It can if business leaders adopt the two-pronged strategy of service and leadership by establishing initiatives centered around consciousness, says Adhipen Bose Nandhiji.
"Continued reform will promote better job creation" • Albert Park, Chief Economist, Asian Development Bank, says the Indian economy has enough drivers of growth and the fear of job losses from AI might be overblown
SETTING SAIL • INDIA'S ₹70,000-CRORE BET TO BREAK INTO THE WORLD'S SHIPBUILDING ELITE CLUB WILL NEED ALL HANDS ON DECK. BUT THEY HAVE A FEW THINGS GOING FOR THEM
Using Mutual Funds to Build a Retirement Corpus • Retirement planning is less about finding the perfect investment and more about giving your money enough time to grow.
A DESTINATION OF PEACE, ADVENTURE AND FAITH
RISING PARAGLIDING TOURISM • FOCUS UTTARAKHAND
New Momentum to Development through...