Akash Prakash

The US dollar can weaken but still remain the world's reserve currency

As a hegemon, the US no longer derives its hegemonic powers from manufacturing and goods

The coming tsunami of Chinese exports: India may have to follow suit

Exports have been a major driver of China's growth and prosperity. However, there is a clear disconnect between its share of global manufacturing and consumption

Market realities, bubbles: Is Peak America leading to lower returns ahead?

It is far better for the US to gradually underperform global markets, as we have seen from the beginning of 2025

Pragmatic and sensible: FM Sitharaman incentivises growth beyond govt capex

By providing an effective tax cut of Rs 1 trillion to the middle class, the FM will improve consumer confidence and boost consumption

Can global mkts keep rising? Financial history favours investing outside US

I am less positive than many on the US equity markets and American exceptionalism. I worry about elevated valuations, surging retail sentiment

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