Nilesh Shah Journalist Profile

Articles

Why Decision Making Should Be A Combination Of Data And Hunch

Jan 2, 2025 | forbesindia.com | Nilesh Shah

Alan Greenspan used the men’s underwear index to detect the beginnings of a recovery during an economic slump. The premise is that men’s underwear is necessary in regular economic times, and sales remain stable. During a severe downturn, new purchases are deferred. It is considered a good indicator of discretionary spending at large, especially during turnaround periods. It is unknown if other Fed chairpersons use this index to estimate economic recovery.
Five market movers in 2025

Dec 31, 2024 | indianexpress.com | Nilesh Shah

In the last five years, equity returns have been broad-based and exceptionally high, especially in small and mid-caps. Almost a four-fold jump in profits between 2020 and 2024 supported the broad-based rally. A lower base due to the below-par return in the preceding 10 years also helped generate higher returns. Loss-making sectors like PSU banks, telecom, and oil marketing companies that were turning profitable helped make the big jump.
Business News: Read Latest Business and Finance News, Live Stock Market News And Updates, In-Depth Report On Economy & Policy, Economic and Banking News From Across The World, Technology Reviews and More- Outlook Business

Aug 1, 2024 | outlookbusiness.com | Parth Singh |Rishikesha T Krishnan |Nilesh Shah |Neeraj Thakur

COVER STORYWith government funds drying up, public educational institutions are reaching out to the private sector to sponsor research. Companies are only too happy as they can outsource their R&D to competent academics Simplicity and higher returns in the new tax regime would compensate for the benefits in the older one, encouraging more people to migrate going forward, Sanjay Malhotra, revenue secretary, tells Parth Singh.
Congress questions logic of overall taxes on gold being effectively halved

Jul 27, 2024 | deccanherald.com | Nilesh Shah

New Delhi: The Congress on Saturday questioned the economic logic of the overall taxes on gold being effectively halved in the budget. The opposition party's remarks came after Kotak Mahindra AMC Managing Director and CEO Nilesh Shah reportedly urged Union Finance Minister Nirmala Sitharaman to keep a watchful eye on any surge in India's gold import bill in the wake of the customs duty cut and rising international prices.
Fiscal Prudence can Help Bring Down the Cost of Capital

Jul 23, 2024 | economictimes.indiatimes.com | Nilesh Shah

The government continues to walk the talk on the path of fiscal prudence . The glide path 2026-27 onwards envisages fiscal deficits such that the percentage of government debt to GDP keeps falling.This is a very big and ambitious statement for a developing economy like India.
Commitment to investment-led growth visible in FY25 Budget

Jul 23, 2024 | financialexpress.com | Nilesh Shah

The stars have truly aligned for India, be it for the economy, markets or cricket. Just as the Indian cricket team were crowned world T20 champions, India remains one of the fastest growing large economies of the world. Corporate profit to GDP is close to an all-time high and it’s been a dream run for equity markets.
The budget echoes the Developed India vision

Jul 23, 2024 | hindustantimes.com | Nilesh Shah

Finance minister Nirmala Sitharaman has meticulously assessed India’s economic vitality. Her seventh consecutive budget demonstrates this amply. There is a marked focus on uplifting the disadvantaged sections including the poor, women, youth, and farmers.
Union Budget 2024-25: On building Viksit Bharat, government walks the talk

Jul 23, 2024 | indianexpress.com | Nilesh Shah

Despite multiple continuing global uncertainties, the Indian economy has continued to thrive like an “oasis in the desert”. It is against this backdrop that all eyes were on the Union budget of 2024-25 to see whether further steps would be taken by the government to achieve the Viksit Bharat dream. The biggest takeaway from the budget was the continuing focus on fiscal consolidation with the targeted fiscal deficit going down to 4.9 per cent of the GDP.
On the way to fiscal consolidation. Will rating upgrade follow?

Jul 23, 2024 | moneycontrol.com | Nilesh Shah

Nilesh Shah is the Managing Director of Kotak Mahindra AMC By Nilesh Shah, Managing Director of Kotak Mahindra AMCBudget 2024 signals a strong commitment to India's macroeconomic story. It sets the fiscal deficit target for FY25 at 4.9 percent of GDP, lower than market expectations. In absolute terms, this amounts to Rs 16.15 lakh crore. For FY26, it aims to bring the deficit below 4.5 percent. These targets look credible.
The budget echoes the Developed India vision

Jul 23, 2024 | htsyndication.com | Nilesh Shah

India, July 23 -- Finance minister Nirmala Sitharaman has meticulously assessed India's economic vitality. Her seventh consecutive budget demonstrates this amply. There is a marked focus on uplifting the disadvantaged sections including the poor, women, youth, and farmers.