

The Core Report
The Core
Every Monday to Saturday, tune in as financial journalist and host Govindraj Ethiraj gives you the latest news in business, economy and technology
Episodes
Mentioned books

Nov 16, 2023 • 21min
#149 Indian Markets Follow Global Signals On Low Inflation, Sensex Rises 742 Points
On today’s episode, financial journalist Govindraj Ethiraj talks to Akshay D’Souza, Chief of growth and insights at Bizom.SHOW NOTES[00:00] Stories Of The Day [01:00] Indian markets follow global signals on low inflation, Sensex rises 742 points[03:31] A sharp rise in gold imports, almost 100% drives up India’s trade deficit to record high[04:46] After expressing concern over small loans, RBI bars Bajaj Finance from lending under two categories[06:17] Retail consumption data is mixed but Indians are gifting more than ever before[14:54] A legendary hotelier who set the Indian luxury benchmark is no moreFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

Nov 14, 2023 • 26min
#148 Retail Inflation Hits 4-Month Low, Down To 4.87%
On today’s episode, financial journalist Govindraj Ethiraj talks to Mukesh Butani, co-founder and chairman of BMR Advisors as well as sports writer and commentator Ayaz Memon.SHOW NOTES[00:00] Stories Of The day[01:00] Retail inflation hits 4-month low, down to 4.87%[04:36] Why are India’s personal income tax collections so high?[12:51] Indian students throng to the United States in record numbers, a quarter of all international students.[14:41] Massive orders at Dubai Air Show reflect rising aviation demand.[15:50] Perhaps the best prepared Indian team for the World Cup semi finals: Sports Writer Ayaz MemonFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

Nov 13, 2023 • 24min
#147 Personal Tax Collections In India Are Up Almost 30%
On today’s episode, financial journalist Govindraj Ethiraj talks to Ajay Nanavati, Chairman of Quantum Advisors, who previously ran 3M (the brand that makes PostIts and ScotchBrite) and was also Chairman of Syndicate Bank.SHOW NOTES[00:00] Stories Of The Day[01:00] Stockmarkets Kick off The New Year On Strong Note [05:19] Moody’s cuts America’s ratings, dysfunctional Government says media.[06:44] Personal tax collections in India are up almost 30%. [07:58] MNCs are setting up shop in India but as many are closing down too.[19:13] Cybersecurity attacks are rising across the world.For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

Nov 11, 2023 • 35min
#146 "Days Of Linear Headcount Growth In IT Services Are Behind Us": Ravi Venkatesan, Founder, GAME
Ravi Venkatesan is the Chairman of The Global Energy Alliance for People and Planet (GEAPP) launched at COP26 with USD10 billion of committed capital to accelerate investment in green energy transitions and renewable energy solutions. Listen in as Venkatesan speaks to Financial Journalist Govindraj Ethiraj about the dire need to create manufacturing jobs in India. What happens as Indian IT companies cut back, not recruiting at the same intensity as they did earlier? Find out this and more only in this weekend edition of the core report. Ravi is also UNICEF’s Special Representative for Young People and Innovation and the Founder of the Global Alliance for Mass Entrepreneurship (GAME). He serves on the Boards of Rockefeller Foundation, Hitachi Ltd.Ravi was the Chairman of Microsoft India, Bank of Baroda and Cummins India and served as a co-chairman of Infosys Ltd. He is an Alum of IIT Bombay and Harvard Business School. Ravi is the author of ‘What The Heck Do I Do With My Life: How To Flourish in Our Turbulent Times’ and Conquering the Chaos: Win in India, Win Everywhere. He was voted as one of India’s best management thinkers by Thinkers50 and as Microsoft’s Alumni Hero 2020.For more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

Nov 10, 2023 • 26min
#145 India Vulnerable To Recurring Food Price Shocks: RBI Governor
On today’s episode, financial journalist Govindraj Ethiraj talks to Kunal Sodhani, Vice President, Global Trading Center at the Korean Shinhan Bank in Mumbai as well as Rajamani Krishnamurti, President of the Indian Stainless Steel Development Association (ISSDA).SHOW NOTES[00:00] Stories Of The Day [01:00] India vulnerable to recurring food price shocks, says Reserve Bank Governor.[04:30] Rupee hits a fresh low against the USD, what is keeping it down[14:14] Why Indian stainless steel manufacturers are upset with China?[21:40] From gyms and spas to skincare and supplements, wellness is a $5.6 trillion industryFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

Nov 9, 2023 • 26min
#144 India Inc Are Building Almost 40% Of The India's Renewable Energy Capacity
On today’s episode, financial journalist Govindraj Ethiraj talks to Vinay Rustagi of CRISIL Research and earlier MD of Bridge To India Energy.SHOW NOTES[00:00] Stories Of The Day[01:00] Sharp drops in oil demand forecasts push prices lower, markets are steady.[03:03] Is it a problem if one company owns too many ports ?[07:46] Indian companies are building almost 40% of the country's renewable energy capacity for own consumption.[18:04] India’s well to do open up their purses, homes costing Rs 4 crore double in sales.[19:55] Tesla may launch in India but by importing the car from GermanyFor more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

Nov 8, 2023 • 21min
#143 Middle East Tensions Have Little Impact On India: CRISIL
On today’s episode, financial journalist Govindraj Ethiraj talks to Satish Pai, MD, Hindalco, in an excerpt from a more in-depth interview featured on the The Core Report: Weekend Edition.SHOW NOTES[00:00] Stories Of The Day [01:00] Middle East Tensions have little impact on India, says Crisil in exhaustive research report.[05:05] West Texas Intermediate Crude falls below $80 a barrel, in sign that global demand is weak.[08:25] India’s fast-moving consumer goods (FMCG) industry reported a 9% year-on-year jump in September quarter sales, says NielsenIQ[11:54] Singapore Airlines posts second highest quarterly profits, Europe fares set to drop after revenge travel phase seems to end.[14:12] Understanding Supply Chains Of Aluminium and Copper with Satish Pai (An Excerpt from The Core Report Weekend Edition). Click here for the full interviewFor more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

Nov 7, 2023 • 28min
#142 Rating Agency Fitch Upgrades India GDP Target To 6.2%
On today’s episode, financial journalist Govindraj Ethiraj talks to Manish Raj Singhania, President of FADA (Federation of Automobile Dealers Association) as well as economist Dr Brinda Jagirdar.SHOW NOTES[00:00] Stories Of The Day[01:00] Rating agency Fitch upgrades India GDP target to 6.2%, Indian stockmarkets hit 2-week high[07:37] Indians are buying fewer entry level cars leading to massive inventory buildups among dealers[16:05] The Rs 200,000 crore subsidy bill for food grain, how will the Government foot it?[23:15] Delhi Air Quality Stays Severe, Govt now to go for odd-even day car scheme[24:43] Emirates wants to convert passenger aircraft to cargo on strong cargo demandFor more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

Nov 6, 2023 • 29min
#141 Risk Premiums On Crude Oil Are Receding Sharply
On today’s episode, financial journalist Govindraj Ethiraj talks to Arunabha Ghosh, CEO of the Council for Energy, Environment and Water or CEEW as well as cricket writer and sports commentator Ayaz Memon.SHOW NOTES[00:00] Stories Of the Day [01:00] Risk premiums on crude oil are receding sharply a month after Hamas attack on Israel.[04:46] India’s Prime Minister sets a poverty benchmark by giving 800 million poor Indians free ration. [08:28] Air pollution cripples Delhi, even as responses are too feeble and too late.[10:50] India Inc needs to get more active in communities and business plans in climate change efforts.[20:28] Pitch report, lessons for The Core Report audience from the World Cup series so far, with Ayaz MemonFor more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

Nov 4, 2023 • 32min
#140 ‘Industry 4.0 Helping Evade Unplanned Downtime’: Satish Pai, MD, Hindalco
Listen to Satish Pai, MD of Hindalco Industries, in conversation with Financial Journalist Govindraj Ethiraj as he breaks down how ‘Industry 4.0’ is aiding manufacturing businesses in evading unplanned downtime. Tune in to the conversation to gain insight into the recyclable nature of aluminum, India’s contribution to cater to the demand driven by the ‘China plus one strategy’, and more.Mr. Satish Pai is the Managing Director of Hindalco Industries. He took over as the CEO of Hindalco's Aluminium Business in August 2013.Mr. Pai was the driving force behind three mega greenfield projects that established Hindalco as among the biggest producers of primary aluminum in Asia. He is also on the Board of Hindalco subsidiary - Novelis - the world's largest aluminum rolling and recycling company.In February 2014, he was appointed as the Deputy Managing Director of the company and was also entrusted with Hindalco's copper business.Mr. Pai became the Managing Director of Hindalco in August 2016, where he oversees the Indian metals business and guides Novelis' operations globally.Before joining the Aditya Birla Group, Mr. Pai worked with Schlumberger, based out of Paris. Throughout his 28-year career with the MNC, he held important positions and was responsible for Schlumberger operations globally.For more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube