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Every Monday to Saturday, tune in as financial journalist and host Govindraj Ethiraj gives you the latest news in business, economy and technology
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Sep 9, 2025 • 22min
#673 The Markets Return To Pre 50% Tariff Levels
On Episode 673 of The Core Report, financial journalist Govindraj Ethiraj talks to Anuj Gupta, Commodity Expert, Suresh Narayanan, former Chairman and Managing Director of Nestle India as well as Apoorva Bajaj, Founder of Edubuk.SHOW NOTES(00:00) Stories of the Day(01:00) The markets return to pre 50% tariff levels as economy appears to absorb shocks.(03:14) Another $20 billion of IPOs could come this year(05:52) How Indian consumers are satiating their appetite for gold despite prices rising to record levels.(10:00) Pressured Indian households will welcome lower prices on items of daily consumption. But household priorities have changed too.(17:22) How a university in the US confirms whether a certificate from an Indian university is a genuine one.https://www.investing-referral.com/aff303Subscribe to our NewsletterFollow us on:Twitter | Instagram | Linkedin | Youtube
Sep 8, 2025 • 30min
#672 Markets Fail To Hold Onto Gains
On Episode 672 of The Core Report, financial journalist Govindraj Ethiraj talks to C S Vigneshwar, President, FADA as well as Adam Wolfe, Emerging Markets Economist at Absolute Strategy Research (ASR).SHOW NOTES(00:00) Stories of the Day(01:00) Markets fail to hold onto gains, steel, auto stocks shine(02:52) India is set to outstrip China in oil demand(03:38) Gold hits a fresh high, quick reminder, bullion is up 38% this year(05:10) How auto dealers are happy tax rates are down but they want to be compensated for higher priced inventory(15:40) How Tesla’s US market share has hit an 8 year low(17:26) Why foreign investors are selling for more than a decade now and the story from 1998 - 2016. A deep dive discussionhttps://www.investing-referral.com/aff303Subscribe to our NewsletterFollow us on:Twitter | Instagram | Linkedin | Youtube
Sep 7, 2025 • 32min
#671 Markets Are Losing Steam but Other Assets Are Volatile
On Episode 671 of The Core Report, financial journalist Govindraj Ethiraj talks to Nikhil Varma, Technical Lead, India at Algorand, Sheetal Sapale, Vice President–Commercial at Pharmarack as well as Ganesan Ramachandran, Managing Director and Lead - Industry Groups at Accenture.SHOW NOTES(00:00) Stories of the Day(01:00) Markets are losing steam but other assets are volatile.(06:31) What the GST rate cut on life saving drugs really means.(11:10) India’s new digital personal data protection bill can trigger key changes in handling of data and need for security.(19:38) Agentic AI is a big opportunity. What do employers want from the future workforce? https://www.investing-referral.com/aff303Subscribe to our NewsletterFollow us on:Twitter | Instagram | Linkedin | Youtube
Sep 5, 2025 • 33min
#670 GST 2.0 Reforms India’s Bold Tax Move & the Hidden Fine Print | Govindraj Ethiraj | The Core Report
In this Weekend Edition of The Core Report, Govindraj Ethiraj sits down with S Ramesh, former CBIC Chairman, and Krishan Arora, Head of Indirect Tax at Grant Thornton Bharat, to decode India’s bold new GST reforms.From slashed rates on food, cars, medicines, and apparel to a tough new 40% slab on luxury goods, GST 2.0 is rewriting the rules of consumption and business. But what does it mean for FMCG, pharma, auto, airlines, and insurance? And how will India tackle the ₹48,000 crore revenue hit, stock transitions, and compliance challenges?What you’ll learn:How GST 2.0 reshapes demand across key industriesWhy hidden costs like cess & inverted duties still matterWhat businesses must know about tribunals & disputesThe unfinished agenda: services, ATF, natural gas & moreA sharp, no-fluff breakdown of India’s biggest tax reform in years — essential listening for business leaders, policymakers, and anyone tracking the economy’s next chapter.(00:00) Introduction(02:20) TAKEAWAYS FROM NEW GST REFORM(08:00) Industry Impact: Passing the Benefits?(11:50) Transition Challenges: Stocks & ITC(14:26) CBIC approach in the past(18:45) Reforms: Appellate Tribunals(20:30) Unfinished Agenda: Services & Exemptions(28:45) The Road Ahead: Next-Gen GSTJoin The Core Insider to get access to perks:https://www.youtube.com/channel/UCzXJw6XkwZulY4nigdtvs4Q/joinListeners! We await your feedback: https://tinyurl.com/TCR-Listener-SurveyThe Core & The Core Report is ad supported & FREE for all readers & listeners.Write in to shiva@thecore.in for sponsorships & brand studio requirements.For more of our coverage check out thecore.in(https://www.thecore.in/)Support the Core Report (https://tinyurl.com/Support-the-Core-Report)Join & Interact anonymously on our WhatsApp channel (https://tinyurl.com/The-Core-WhatsApp-Channel) Subscribe to our Newsletter (https://www.thecore.in/newsletters/thecorenewsletter)Follow Us on Social Media for More Updates:Twitter (https://twitter.com/the_core_in)Instagram (https://www.instagram.com/the.core.in/)Facebook (https://www.facebook.com/thecore.biz/)Linkedin (https://www.linkedin.com/company/thecore-in)Youtube (https://www.youtube.com/@thecore_in)
Sep 4, 2025 • 32min
#669 Stocks Jump On GST Rate Cuts
On Episode 669 of The Core Report, financial journalist Govindraj Ethiraj talks to Ajay Rotti, Founder and CEO of Tax Compaas, Madhavi Arora, Lead Economist at Emkay Global Financial Services as well as Kaushik Sanyal, Managing Director for Data & AI, India at Accenture.SHOW NOTES(00:00) Stories of the Day(01:00) Stocks jump on GST rate cuts, clothing industry gets a shock.(03:13) The big question, will demand and consumption rise because of lower consumption tax?(10:42) The unfinished agenda on GST reform(20:39) More used cases for agentic AI, including in areas you may not guesshttps://www.investing-referral.com/aff303Subscribe to our NewsletterFollow us on:Twitter | Instagram | Linkedin | Youtube
Sep 3, 2025 • 23min
#668 Global Bond Markets Are Wobbling Again
On Episode 668 of The Core Report, financial journalist Govindraj Ethiraj talks to Prashant Agarwal, Co-Founder and JMD at Wazir Advisors as well as Paul Hickin, Chief Economist and Editor-in-Chief at Petroleum Economist.SHOW NOTES(00:00) Stories of the Day(01:09) Global bond markets are wobbling again, India gains in anticipation of GST rate cuts(04:13) Why gold prices are set to rise further(06:28) India’s services sector continued its strong run, hitting a 15-year high in August on new orders and rising output led by international demand(07:38) Why Indian apparel companies have to go multi global location(11:50) New oil finds in South America are bringing in fresh supply in the face of fresh shifts in demand and supplyhttps://www.investing-referral.com/aff303Subscribe to our NewsletterFollow us on:Twitter | Instagram | Linkedin | Youtube
Sep 2, 2025 • 30min
#667 Markets Take A Pause As They Digest Tariffs
On Episode 667 of The Core Report, financial journalist Govindraj Ethiraj talks to Indrani Bagchi, CEO, Ananta Aspen Centre as well as Cameron Johnson, partner at Tidalwave Solutions and a global supply chain strategist.SHOW NOTES(00:00) Stories of the Day(00:41) Market pause(04:33) Bonhomie and camaraderie in Tianjin, now what?(13:05) The new global supply chain dynamics(27:19) Tesla has received only 600 orders since launch in mid Julyhttps://www.investing-referral.com/aff303Subscribe to our NewsletterFollow us on:Twitter | Instagram | Linkedin | Youtube
Sep 1, 2025 • 28min
#666 Markets Start September On A Strong Note
On Episode 666 of The Core Report, financial journalist Govindraj Ethiraj talks to Dr Deborah Elms, Head of Trade Policy, Hinrich as well as Rajesh Cheruvu, Managing Director & Chief Investment Officer at LGT Wealth India. SHOW NOTES(00:00) Stories of the Day(00:50) Markets start September on a strong note. Will they hold?(02:12) September rains last longer and higher than average as well (03:35) Have the markets absorbed the tariff shocks, where is the bottom?(11:47) How is Asia navigating the post Trump tariff world?https://www.investing-referral.com/aff303Subscribe to our NewsletterFollow us on:Twitter | Instagram | Linkedin | Youtube
Aug 31, 2025 • 33min
#665 "Re-Globalisation Without America”: Richard Baldwin
On Episode 665 of The Core Report, financial journalist Govindraj Ethiraj talks to Dr Richard Baldwin, Editor in Chief, VOXEU. SHOW NOTES(00:31) A Quick Wrap(09:44) Why Trump’s Tariffs Are Unlike Anything Since World War II(13:48) The Myth of Bringing Back Manufacturing Jobs(15:26) Ripple Effects: Cascading Protectionism and Domino Liberalisation(19:46) From Obama to Trump: How America Turned Against Globalisation(27:44) Strategic Tariffs, Supply Chains, and the Weaponisation of Trade(29:40) Why Businesses Must Build Resilience Beyond the U.S. Markethttps://www.investing-referral.com/aff303Subscribe to our NewsletterFollow us on:Twitter | Instagram | Linkedin | Youtube
Aug 28, 2025 • 22min
#664 The Markets Can Get It Wrong
On Episode 664 of The Core Report, financial journalist Govindraj Ethiraj talks to Ajay Bagga, Market Expert.SHOW NOTES(00:00) Stories of the Day(00:41) The markets can get it wrong as they did with Trump tariffs.(02:19) Why investors should temper their expectations.(03:20) How much did India really gain from Russian oil imports?(06:18) The markets are digesting tariff tensions.https://www.investing-referral.com/aff303Subscribe to our NewsletterFollow us on:Twitter | Instagram | Linkedin | Youtube
