Akash Prakash

American exceptionalism: US earnings growth to outpace global counterparts

The US today accounts for about 67 per cent of the MSCI World equity indices, meaning that corporate America is worth more than twice all other markets combined

High valuations may challenge India's 25-year lead in real returns

China was unable to deliver returns when its economy was on fire, and today it faces geopolitical challenges

The state of global venture capital: India must avoid Western pitfalls

The industry, however, seems to be at a crossroads, with many funds' lifespans being extended and distributions at all-time lows

India overtakes China as top EM market, but China's achievements noteworthy

China is creating emerging industry leaders, and regardless of what happens in the Chinese stock market, the country cannot be ignored as a fierce competitor

China's worsening population data presents an opportunity for India

India must do whatever is necessary to prepare its economy to benefit from a slowing China. But a proper strategy is needed as India's own demographic dividend will not last forever

Superstars for too long: Time to move away from India, US equity markets?

Investors face a crucial decision. While the US equity market may face short-term underperformance, the jury is still out on India's potential

Union Budget 2024: Sustaining the India story

The quality of expenditure continues to improve

MNC selldowns

As multinational corporations capitalise on India's valuation premium, there are reasons for caution as well

Reflections from the US

India remains a prized long-term bet, but investors are hesitant due to concerns over valuation

A tough time for portfolio managers

Markets are going through a major shift in style and leadership, akin to the 2003-08 bull run

A fascinating chart

Compared to China and Africa, India is remarkably well positioned on multiple fronts

Buybacks and their importance

Paying money back to shareholders does not mean that you have no growth. It may simply mean that you do not need all the capital you generate for your core business

Where is the debt?

Robust equity markets are not enough to kickstart a private sector capex cycle. India needs easily accessible debt financing

The Magnificent 7

The current level of concentration of tech giants in US markets is unprecedented. Could this be a bubble in the making?

The listing dilemma

When deciding between listing in India and the US, founders should prioritise long-term considerations over listing price

Interim Budget 2024-25: Fiscally responsible, not populist

It is conservative in its arithmetic and will help lower interest rates

Markets in India's decade

Have the markets already played out their dynamics before the economy has even properly taken off?

Has China peaked?

Even if China's growth slows in the coming years, India faces the daunting task of achieving something extraordinary to catch up

The governance imperative

In new-age companies with no promoters, institutional investors have a crucial role in shaping the board

An update on global capital

A significant shift in international investment dynamics is underway