You are here: Home » Current Affairs » News » National
Business Standard

TMS, Ep 28: Q2 results, capital account convertibility, in-app purchases

Q2 results: What do thinning margins mean for India Inc? What are the red flags in Capital Account Convertibility plan? Which stocks will be worst hit in valuation-based correction? All answers here

Topics
Q2 results | Google Play Store | Indian equities

Team TMS  |  New Delhi 

From early-bird corporate results for the July-September quarter, it might appear that India Inc is doing well in terms of sales, but there is a squeeze on margins, especially for manufacturing and consumer companies, as a result of higher input costs. So what does that mean for companies going forward? *** In a recent industry event, RBI Deputy Governor T Rabi Shankar, said that India was on cusp of complete Capital Account Convertibility. While analysts see FPI inflows rising by $20 billion per year due to the move, there are a few red flags that the govt and the RBI need to address. *** Ratings downgrades continue to pour in for India as valuations remain exceedingly high.

After UBS, now Nomura has cut Indian equities’ rating, as valuations have surpassed pre-Covid times. Will this valuation-based correction last? And which stocks are likely to be worst hit? *** If an app is free to download, does it mean it is really and truly free? Often, we see that an app is listed as free on the Apple App Store and Google Play, but they have something called in-app purchases. What are these in-app purchases? Are they essential or incremental to the user experience? *** Listen to these and more in today’s Business Standard Morning Show podcast.

Watch Video

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, October 26 2021. 09:31 IST
RECOMMENDED FOR YOU
.