Tag: economy

ITC: Less of a puff

ITC’s roots go back a century. It was incorporated as Imperial Tobacco Company of India in 1910 and for the first 6 decades of its existence, it was devoted to growing and consolidating its cigarette and leaf tobacco business.  From cigarettes to hotels & what not  The winds changed direction in 1975. Since then, ITC’s … Continue reading ITC: Less of a puff

Is India the next manufacturing champion?

China is lightyears ahead of India, or any other nation, in manufacturing. China’s manufacturing sector is 10x that of India and total exports are 7.5x.  The current COVID-19 crisis has sparked debate about global corporations moving their manufacturing base away from China. The most obvious benefitter for this would be India, so much so that … Continue reading Is India the next manufacturing champion?

COVID-19 Chronicles: Oil prices in the red. Get paid to fill up our car tanks?

We woke up to a shocker today – the COVID-19 crisis has led to negative oil prices for the 1st time in history. Yes, that is right, producers are paying buyers to buy their oil. Here’s a quick primer on what’s going on for people who are new to the oil world. WTI crude futures … Continue reading COVID-19 Chronicles: Oil prices in the red. Get paid to fill up our car tanks?