TMS Ep525: Women in economy, biofuel push, PSU stocks, Five Eyes alliance

The United States took over 140 years after ratifying the Declaration of Independence to give voting rights to women. In the UK, women fought for a century to get it. But in India, women got in the queue to exercise franchise the year it got Independence. And the voters gave the world one of the first elected women heads of state way back in the 1960s in the form of Indira Gandhi. But, despite all the progress, women’s political rights have yet not equally translated into economic gains for them. Find out why Indian women don’t have a fair share of the economy. 

Indeed, women’s voices will soon find greater echo in all the corridors of power. The transition, it seems, is slow but steady. India, meanwhile, is witnessing another transition. It is trying to phase out fossil fuel. And the country recently launched the Global Biofuel Alliance during the G20 summit. Echoes of departure from fossil fuels have never been louder. But is this transition happening as the government has originally planned? Are the auto-majors as excited about the idea as the government is?

Let us now turn to financial markets now. Shares of public sector enterprises are on a bullish ride but with the gains comes valuation worries for some of these shares. So can the steam in these stocks run out of steam and how should you pick those that may still have more legroom to run? 

But the markets didn’t look perturb due to the recent face-off between India and Canada. Experts think it will have little impact on Canadian investment in India. Some reports claimed that the killing of Khalistani separatist was privately raised by various officials of the Five Eyes alliance in the run up to the G20 summit. But it was not made public. So what exactly is the Five Eyes alliance? Listen to this episode of the podcast for answers.