Article By V.P. Nandakumar, MD & CEO, Manappuram Finance Ltd The recent uptick in most macro-indicators point to a spurt in economic expansion that may beat forecast and expectations. While IMF has revised India’s GDP growth to 6.3%, RBI is sticking to its forecast of 6.5% The Continue Reading
The Hurun India Philanthropy List for 2023 has recognized the outstanding contributions of 10 Malayali individuals and organizations to philanthropic causes. Topping the list is M.A. Yusuff Ali, Chairman of LuLu Group International, who generously donated 107 crore rupees for social development initiatives. Following closely is Kris Gopalakrishnan, a co-founder of Infosys, Continue Reading
V P Nandakumar, MD & CEO of Manappuram Finance Ltd Generative Artificial Intelligence is billed as the mother of all disruptions of this century. But a nuanced reading of the global labour market trends by the researchers at the World Economic Forum (WEF) and other centres of excellence suggest that the unfolding AI revolution is […]Continue Reading
V P Nandakumar, MD & CEO, Manappuram Finance Ltd The recently released Financial Stability Report (FSR) of the Reserve Bank of India (RBI) shows the resilience of the banking sector in general and NBFCs in particular India’s financial sector comprising of both Scheduled Commercial Banks (SCBs) and Non-Banking Financial Companies (NBFCs) have shown remarkable resilience Continue Reading
Article By V P Nandakumar MD & CEO Manappuram Finance Ltd The socio-economic situation in the United Kingdom seems to be going from bad to worse to calamity. The wounds of Brexit were still raw when Covid-19 happened and the country suffered an economic slump, the kind of which has not been seen in […]Continue Reading
Article By V P Nandakumar MD & CEO Manappuram Finance Ltd The joy of giving is a special kind of happiness that is difficult to describe. There have been many attempts to understand and define the heady feeling that people get when they part with something for the benefit of someone who needs it badly. […]Continue Reading
Article By V P Nandakumar MD & CEO Manappuram Finance Ltd In today’s fast-changing business environment, innovation is not just important but also essential for the survival and progress of any organisation. There are any number of examples of global giants that ruled the roost for years or decades but perished because they did not […]Continue Reading
Article By V P Nandakumar MD & CEO Manappuram Finance Ltd Says leading businessman V.P. Nandakumar, as he shares some tips for budding entrepreneurs It has been estimated that one fifth of the world’s youth are in India. Their aspirations are vastly different from that of their parents and they are not worried about basic […]Continue Reading
Article By V P Nandakumar MD & CEO Manappuram Finance Ltd Tough times call for tough measures and the Union government on July 1 opted for the decisive step of raising effective import duty on gold to 15% from 10.75%. The basic customs duty on gold was 7.5 per cent and this was increased to […]Continue Reading
Article By V P Nandakumar MD & CEO Manappuram Finance Ltd India’s merchandise exports grew by 43 per cent in 2021-22 to cross the milestone of $400 billion dollars. The record exports in FY 2021-22 represent a 33 per cent surge over the pre-pandemic levels of 2019-20. If the year 2020 was defined by the […]Continue Reading