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News on Medial
GDP vs stock market: Is there a correlation? Here's what Pinetree Macro's Ritesh Jain says
Business Today
·
5m ago
Medial
Pinetree Macro's Ritesh Jain discusses the relationship between GDP growth and stock market performance. Although higher GDP growth is typically perceived to boost company earnings and, subsequently, equity returns, this is not a direct correlation. The stock market acts as a sentiment indicator influencing the economy but is not measured by GDP. Thus, while interconnected, GDP growth and stock market performance do not necessarily move in tandem.
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'Rs 3.5 lakh a month for an internship': Entrepreneur's viral LinkedIn post reignites degrees vs hustle debate
Business Today
·
3m ago
Medial
A LinkedIn post by Mumbai-based entrepreneur Sakshi Jain has sparked a debate online, highlighting an incident that questioned the importance of formal degrees versus a hustler's attitude in achieving success. The event involved a lucrative internship offer of Rs 3.5 lakh per month, casting doubt on the conventional correlation between formal education and professional success. Jain's experiences fueled discussions about valuing practical skills and entrepreneurial spirit over traditional academic achievements.
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Narayana Murthy now says he worked 85-90 hours: But is it really productive?
Livemint
·
1y ago
Medial
Infosys co-founder Narayana Murthy has advocated for working at least 70 hours per week, citing his own experience of working 85 to 90 hours a week until 1994. He believes that hard work is the key to success and that productivity is maximized during these long hours. However, there is a growing debate on the correlation between productivity and working hours, with some arguing that working smarter, upskilling, and ensuring a positive work environment are equally important for boosting productivity.
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Dream11 CEO slams Tesla for refunding $1,000 fee; says, 'Tesla is turning all its fans in India into haters'
IndianStartupNews
·
1m ago
Medial
Dream11 CEO Harsh Jain criticized Tesla for refunding the $1,000 reservation fee he paid in 2017 for a Model 3 in anticipation of its India launch. Jain expressed disappointment on social media, highlighting the lost opportunity had he invested that amount in Tesla stock instead. Despite his frustration over the refund and cancellation after eight years, Jain remains a Tesla enthusiast, hoping for an option to purchase the first Tesla available in India.
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Vodafone Idea, Suzlon Energy, Kotak Mahindra Bank & Bajaj Finance: What Jay Thakkar of ICICI Sec says on these 4 stocks
Business Today
·
4m ago
Medial
Market expert Jay Thakkar from ICICI Securities discusses predictions for four stocks: Vodafone Idea, Suzlon Energy, Kotak Mahindra Bank, and Bajaj Finance. He comments that there may still be challenges ahead for the IT sector, with the Nifty IT sub-index approaching a low point. The analysis focuses on identifying opportunities and potential setbacks in the stock market, guiding investors on what to watch and possibly invest in or avoid in the near future.
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Spotlight: What went wrong with Warburg-backed Fusion Finance as stock slumps
VCCircle
·
10m ago
Medial
Private equity firm Warburg Pincus invested in Indian microlending firm Fusion Finance in December 2018. However, the stock has recently slumped, and there are concerns about what went wrong. Devesh Sachdev, MD & CEO of Fusion Finance, has been under scrutiny due to the company's poor performance. Despite Warburg Pincus' initial investment facilitating Fusion's growth, there are questions about the firm's ability to deliver returns to its investors.
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OYO's Ritesh Agarwal says startup investments in early, mid-stages is accelerating
Money Control
·
1y ago
Medial
Ritesh Agarwal, founder and CEO of OYO, believes that there is a surge in funding for Indian startups in the early and mid-stages, despite a decline in investments last year. He also notes that startups have transformed themselves towards profitability, and mentions that OYO is set to have its first profitable year. Agarwal sees startups becoming mainstream in India, with discussions around innovation and problem-solving becoming more prevalent. He also discusses his experience as a shark on the reality show Shark Tank India, where he aims to support and inspire new businesses and founders.
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First Wall Street warning: JP Morgan says Trump’s tariffs will tip US into recession
Business Today
·
4m ago
Medial
JP Morgan predicts that Trump's tariffs will lead to a US recession starting in late 2025, with GDP declines in Q3 and Q4. The tariffs include a 10% base duty on imports and additional levies on certain countries. Economic forecasts vary, with Barclays predicting a contraction and others suggesting slight growth. The tariffs have also led to significant drops in major stock indices, with equities losing $5.4 trillion in value. The unemployment rate is expected to rise, prompting the Fed to cut rates in 2026.
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Israel's tech sector could face disruptions after attacks
Economic Times
·
1y ago
Medial
Tech companies in Israel are expected to face disruptions and fortify security measures after recent attacks by Hamas gunmen. Israel's high-tech industry has been a crucial sector for economic growth, accounting for a significant portion of jobs and GDP. As a result of the attacks, Israeli stock and bond prices fell, and businesses closed. There may be resource diversions and potential disruptions to tech companies if the conflict expands. Additionally, efforts will be made to safeguard physical installations and increase investments in AI and tech tied to military spending. Israel's tech sector has historically shown resilience in the face of geopolitical tragedies.
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RVNL shares: Sell railway PSU stock, 42% downside ahead, says Antique; here's why
Business Today
·
5m ago
Medial
Antique Stock Broking advises selling RVNL shares due to a projected 42% downside, despite the company’s strong order book. The initial construction phases of projects, coupled with the need for approvals, are expected to result in muted execution. RVNL's revenue growth guidance for FY25 and FY26 is flat on a year-over-year basis, impacting investor sentiment negatively. Consequently, the future outlook for RVNL shares appears challenging according to the analysts.
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India needs to avoid financialisation as it marches towards Viksit Bharat goal, says Nageswaran
YourStory
·
11m ago
Medial
India's Chief Economic Advisor, V Anantha Nageswaran, has highlighted the need for India to avoid 'financialisation' as it aims to become a developed nation by 2047. Currently, India's stock market capitalization is around 140% of its GDP, which raises concerns about the dominance of market considerations in public and policy discourse. Nageswaran warns that financialisation could lead to high levels of debt, reliance on asset prices for economic growth, and a surge in inequality. He emphasizes the importance of finding a balance between national imperatives and investor interests, while retaining policy autonomy and insulating the economy from global capital flows.
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