

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 3, 2023 • 18min
#139 Abu Dhabi May Bring In $50 Billion Of Investments Into India
On today’s episode, financial journalist Govindraj Ethiraj talks to Harsh Binani, co founder of SmartWorks, one of India’s largest managed workspace platform for enterprises.SHOW NOTES[00:00] Stories Of The Day[00:51] US Federal Reserve saves the day, Indian markets rise after two losing sessions.[02:33] Abu Dhabi may bring in $50 billion of investments into India.[04:00] Biggest ever IPO rush as companies hope to benefit from strong market.[07:08] WeWork is set to declare bankruptcy, how is India’s shared office space business stacking upFor 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 2, 2023 • 26min
#138 GST Collections Are At Second Highest Level So Far
On today’s episode, financial journalist Govindraj Ethiraj talks to Prithviraj Kothari, president of the India Bullion and Jewellers Association as well as Piyush Tewari, Founder and CEO of SaveLife Foundation (an organisation which works in road safety, both in policy support as well as illustrative ground interventions in crash prevention and post crash response).SHOW NOTES[00:00] Stories Of The Day [01:00] India’s goods & service tax or GST Collections are at second highest level seen so far, touch Rs 172,000 crore[05:38] Unemployment rate jumps to 10.5%, says CMIE[07:12] Highest customs rate in history on gold bullion lead to Rs 10 lakh per kg difference in prices between international and domestic[14:58] India recorded the highest number of road fatalities at over 168,000 last year. Why is this happening despite new vehicles and roadsFor 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 1, 2023 • 21min
#137 India’s Q2 GDP Will Surprise On The Upside, Says RBI Governor
On today’s episode, financial journalist Govindraj Ethiraj talks to Vivek Rathi, Director, Research at Knight Frank.SHOW NOTES[00:00] Stories Of The Day [00:55] India’s 2nd Quarter GDP will surprise on the upside, says RBI Governor.[04:06] Foreign portfolio investors are selling Asia outside of China too.[07:15] Mumbai hits an all time record for October home sales, outlook still strong. [15:59] Comparing banks to tech companies is demeaning; Citi India Chief[17:33] Thailand throws open borders for Indian tourists, offers free visas.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

Oct 31, 2023 • 14min
#136 Markets Adapt To Israel Invasion And Bet On Limited Impact. Oil Below $88 A Barrel
On today’s episode, financial journalist Govindraj Ethiraj talks to Tushar Jani (in an excerpt from the weekend edition), founder of Blue Dart Express Ltd and Blue Dart Aviation and currently Chairman of Cargo Service Centre (CSC) India.SHOW NOTES[00:00] Stories Of The Day[01:05] Markets adapt to Israel invasion and bet on limited impact. Oil below $88 a barrel and stocks are up[02:39] Foreign portfolio investor Chris Wood of Jeffries says Indian markets could take a 25% knock if the Modi Govt did not return in the next elections[05:16] Air freight capacity of India grows to accomodate increasing high value cargo[08:17] As wealth grows, so must desire to protect it. Indians are buying locks worth Rs 22,000 each[10:42] Tech giants are making a come backFor 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

Oct 30, 2023 • 22min
#135 Markets Wait For Cues From The Middle East
On today’s episode, financial journalist Govindraj Ethiraj talks to Economic journalist and author Shankkar Aiyar. SHOW NOTES[00:00] Stories Of The Day[01:00] Israel’s ground invasion of Gaza begins, markets wait for cues from the Middle East.[07:42] Luxury home sales are on the tear, double in many cities in last 9 months[09:15] Governments have figured 7,000 new ways of targeting voters, central and state. [17:08] In what must be a new record for a bribe, an aviation regulator is accused of taking an aircraft for one .[19:46] Mumbai bids a goodbye to its iconic Premier Padmini yellow and black taxi.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

Oct 28, 2023 • 33min
#134 Tata Ownership of Air India Will Change India: Tushar Jani
On this episode, financial journalist Govindraj Ethiraj talks to Tushar Jani, business entrepreneur, investor, philanthropist and the founder of Blue Dart Express Ltd and Blue Dart Aviation, Swift Freight and Express Industry Council of India (a courier and express cargo business association of all Indian companies) and currently Chairman of Cargo Service Centre (CSC) India.Tushar Jani has been responsible for the creation of domestic courier terminals at the airports of Mumbai, Delhi, Kolkata and Chennai, and international courier terminals at Mumbai and Delhi airports of India.In this conversation you will gain insight into the state of Indian freight and cargo and its inner workings.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

Oct 27, 2023 • 29min
#133 Indian Markets Face Worst Brunt Of Middle East Tensions
On today’s episode, financial journalist Govindraj Ethiraj talks to veteran market analyst Ambarish Baliga as well as Madan Sabnavis, Chief Economist, Bank of Baroda.SHOW NOTES[00:00] Stories Of The Day[01:00] Indian markets face worst brunt of middle east tensions, strong US treasuries, fall again. [08:28] Post pandemic sales spikes in durables and consumer products thanks to pent-up demand are finally fading. What’s Next?[20:04] Now, it's the turn of onion prices to shoot up. [22:17] Daal fry diplomacy might work as India ramps up imports of lentils from Canada[25:10] AI and ChatGPT are really cool but they are also really expensive to install.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

Oct 26, 2023 • 23min
#132 Anxiety Grips Indian Stocks But Global Markets And Oil Steady
On today’s episode, financial journalist Govindraj Ethiraj talks to M S Mani, Senior Partner at Deloitte, Haskins and Sells. SHOW NOTES[00:00] Stories Of The day[01:05] Anxiety grips Indian stocks but global markets and oil steady as diplomatic efforts in the middle east step up.[02:55] GST notices including gaming companies now worth more than Rs 100,000 crore[12:35] For many young Indians, their first car is a super luxury one. [17:02] Smuggled gold seizures have gone up 43% in the last 6 months.[18:44] Fewer tourists are visiting India compared to pre pandemic peaks but more Indians are going overseas than before.[20:48] YouTube Revenue jumps 12% for quarter, Microsofts cloud business 29%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

Oct 25, 2023 • 25min
#131 Vegetable Prices Are Spiking Due To Climate Shocks And Poor Storage
On today’s episode, financial journalist Govindraj Ethiraj talks to Dipti Deshpande, Principal Economist at Crisil.SHOW NOTES[00:00] Stories Of the Day[01:00] Global markets steady as they brace for longer term uncertainty in middle east, oil under $90 a barrel.[02:37] US Economy was supposed to slow down right now. But it’s not happening.[07:17] Vegetable prices are spiking because of climate shocks and poor storage. What can be done? With Crisil’s Dipti Deshpande[17:22] India’s air conditioners will consume more electricity than all of Africa.[19:29] Mumbai’s deteriorating air quality is a public health crisis, like Covid and deserves a similar response.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

Oct 24, 2023 • 28min
#130 Indian Markets In Steep Fall As Middle East Tensions Stay
On today’s episode, financial journalist Govindraj Ethiraj talks to Dhairyashil Patil, the Kolhapur based president of the The All India Consumer Products Distributors Federation (which represents some 400,000 distributors) as well as Tarun Pathak, Research Director at technology research company Counterpoint Research. SHOW NOTES[00:00] Stories Of The Day[00:50] Indian markets in steep fall as middle east tensions stay. US treasury rates rise. Oil holds at $92.[04:16] Disney gets set to pack its bags to leave India with Reliance likely to buy assets[06:27] Regional consumer brands are edging out entrenched multinationals, once again[17:38] Smartphone sales are falling in India, used phones sales riseFor 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