Mint's Best of the Week | 2024 opened with a bang! But hold onto your seats.
Mint Banking and Financial Services and Insurance (BFSI) Summit and Awards. The event saw top business leaders across the BFSI spheres congregate in Mumbai. Shaktikanta Das, the governor of the Reserve Bank of India, delivered the keynote address.
The summit included panel discussions and conversations featuring regulators, bankers, insurers, fintechs and lawyers. It culminated in a grand awards ceremony (another new addition to this tradition), chosen by an external jury. You can read about the winners here.
~ Here’s the best of Mint’s work from the week gone by: Why has the S&P purchase managers’ index (PMI) been falling in what’s supposed to be the world’s fastest growing major economy? How does this impact our overall growth trajectory? N Madhavan provides insight on this phenomenon and what to expect in the months ahead. Read his Primer on the PMI here. Yes, amidst all the volatility and turmoil around the world, India continues to be the fastest growing major economy globally.
There are many good things happening, not to mention the transformative changes that we’re witnessing around the country. However, farm growth is sluggish and so is manufacturing. Female workforce participation is poor.
And income inequality is the highest it's ever been. All these point to India’s K-shaped recovery post the pandemic. Read our definitive editorial on the state of India’s economy.
The enthusiasm of retail investors continues unabated as their monthly SIPs keep rolling into India’s capital markets. The overall bullish took an upturn in December, with equity inflows up 9.4 percent and outflows in the debt category, reported Mayur Bhalerao. Foreign portfolio investments also surged to a 9-year high on the back of robust corporate
. Read more on livemint.com
