Opinion is a relatively new section in Moneycontrol having started less than 2 years ago. However, in this short time it has become one of the foundations on which Moneycontrol Pro rests. Like most of the sections in Pro, the objective of Opinion too is to help readers gain insights which will help in their wealth creation journey.
In this context, opinion pieces are not written for the sake of just projecting a view or because a topic caught a writer’s fancy--rather, they are based on facts and analysis. Think of them as notes for investors, if you will. Our writers try to present new angles, new ideas and new insights to the business and economics events of the day. Our considered takes try to make readers think a little bit more on these issues by pointing out things which get lost in the din and hubbub of daily news and carpet bombing coverage. If our view seems at odds with the consensus thinking, we don't hesitate to go down the contrarian path. In fact, we specialise in it, if we may say so.
We also present a different perspective of the day by stringing the dots together in our daily Panorama newsletter. For the big picture, you turn to the Weekender newsletter. We are grateful for the messages of appreciation which many of you have sent, and which also shows that we are on the right track.
The first year of Moneycontrol Pro has been an eventful journey and here, we leave you with a glimpse of our coverage on key issues of the day where we predicted the course of events, provided a different take and presented a deep analysis.
Stay subscribed to Moneycontrol Pro and keep writing to us!
We had written about this issue in June 2019. It continued to be a big issue with the July budget and only in the Feb 2020 budget did the government attempt to address this.
We had repeatedly pointed out how central banks riding to the rescue was a big reason for markets running ahead of fundamentals and monetary policy impotence becoming an increasing risk.
We have had multiple perspectives on the Indian economy slowdown much before coronavirus struck. We looked at whether the slowdown was cyclical, what were the best kind of structural reforms to lift the nation out of the slowdown, the link with the global economy and what the government was doing to prop up economic output.
We went deep into the banking NPA crisis and NBFC crisis and the contagion effects in the financial system. We had pointed out how shaky the business model of NBFCS was, and have been calling for an asset quality review of NBFCS consistently. We also pointed out how repeated RBI measures (including the latest one announced to combat the economic effects of coronavirus) have failed to address the key issue of risk aversion by banks.
Much before the lockdown came into effect in India we had pointed out how Covid-19 and debt makes for a dangerous cocktail.
The insolvency and bankruptcy code has been one of our obsessions. We have covered a variety of issues surrounding the code, its amendments and also its wider effects on the economy and the investment cycle, to name a few.
We have been increasingly expanding our corporate coverage. We had called for a tax rate cut in July, much ahead of the September announcement. We have also dived deep into issues concerning specific big companies such as Infosys, L&T, Tata Steel and Tata Motors besides pointing out the important of corporate governance from the point of view of investor returns.
Yours truly,
Manas Chakravarty
Group Consulting Editor
Moneycontrol
P.S.: On the occasion of Moneycontrol Pro’s 1st Anniversary, as a token of gratitude to its readers, Pro has introduced a range of exciting exclusive benefits worth Rs 20,000 for existing users. Potential users who subscribe by May 7 too can avail these benefits.
First Published: May 1, 2020 4:48 PM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
PM Modi, Rahul Gandhi election rallies in Delhi today: Here are the routes to avoid
May 18, 2024 11:28 AM
Celebrity Kangana vs 'royal' Vikramaditya on Himachal's Mandi seat: Clash of richest titans
May 18, 2024 11:11 AM
2024 Lok Sabha Elections | Will Amethi and Rae Bareli see the rise of Priyanka Gandhi as a dominant political figure
May 18, 2024 8:59 AM
Lok Sabha Election 2024: I.N.D.I.A. bloc to hold rally at Mumbai's BKC today
May 17, 2024 5:18 PM