Manufacturing and Services PMI rise to multi-month high Stimulus package by government likely to aid economic output China seems better placed than other major economies   As major developed and developing economies in the world continue to reel under the economic and health crisis emerging due to the Coronavirus pandemic, recent Chinese economic cues depict moderate...

Life insurance market in the most populous nation, challenges and scope for growth. The three major life insurance firms in China. How Chinese regulations are affecting the industry and its players? Digitisation and Chinese life insurance firms.   The life insurance market in China is the fourth largest in the world. Secondly, the Gross Written Premium (GWP)...

Credit rating agencies provide an independent assessment to securities or issuers. The market for the industry is humongous with nearly $82,000 billion worth of debt securities issued in Q3 2016 as per the BIS (Bank for International Settlements). The industry is poised to grow due to more regulatory pressure, high borrowing cost for an unrated security and worldwide acceptance of a rated...

Islamic banking has gained a lot of significance in the past decade owing to its immense growth potential. This banking model is expected to fuel dampened growth in conventional banks. Islamic banks (IB) offer products similar to conventional banks (CB), but with a slightly different concept. These are prohibited from charging interest ( riba ) since in Islam money cannot be treated as a...

The auto sales in the US grew at a CAGR of 7% between Sep. 2011 to Sep. 2016. In the same period, auto loan balance grew at a CAGR of 7.7%. The captive OEMs increased their share of retail loans on the back of subvention programs supported by their parent companies. The captive OEMs had the second highest share of total loan balance amounting nearly $250 billion in 2015. Televisory ...

  In the past, few years, it has been observed that the Indian banks are incurring huge losses due to the mounting pressure of Non-Performing Asset (NPA loans where the default in payment exceeds 90 days). The rising crisis of NPA gained significance when the former RBI governor urged banks to clean their balance sheets and soon recognise NPA. A phenomenon which was earlier neglected....

Healthcare REITs are real estate investment trusts which own healthcare-related properties, majorly Senior Housing Communities (SHC), Skilled Nursing Facilities (SNF), Medical Office Buildings (MOB) and Hospitals, etc. They earn rental revenue from leasing these properties to health care and related organisations. The healthcare REIT like any other REIT earn a tax-free income, in return, they...

The growth in the auto finance market is dependent on auto sales supported by strong economic fundamentals such as rising incomes, well-structured labour market, favourable tax rates, low-interest rates, low fuel prices and investments in automotive factories and their capacity expansion. The auto sales in the US recorded a volume sales of more than 17 million units in 2015 and reached 17.91...

The banking industry has undergone a tremendous amount of change in the past 8 years as a result of the 2008 financial crisis. During this period, many small and large banks performed badly, several were bailed out and various others changed their business strategies and operating models. These steps were taken in order to accommodate cost saving measures and enforce stricter regulations....

  Once seen as a main competitor to Starbucks in China, now trapped in fraud allegations NASDAQ issues delisting notice     Luckin Coffee was once considered a strong and direct competitor to Starbucks backed by its rapid growth in its home country China, challenging Starbucks long held dominant position to become China’s favourite coffee chain. Founded...

  How does consumption demand affect GDP and personal income in the US? Which industries are affected most from the underlying shift in demand due to Coronavirus pandemic?      United States Bureau of Economic Analysis (BEA) reported first quarter Q1-2020 GDP decline of 4.8% on an annualized basis. It is one of the biggest falls in GDP numbers and the...

By Shiv Dave (shivdave@televisory.com)   Going by the stock market plunges around the world, it seems apparent that the world is in for a major economic crisis not seen since 1987 and perhaps matching 1930s. The worries for similarities are, never before has there been an organized effort to stop traveling, meetings, shopping (discretionary) than taking place as I write this...

  Industry Overview Impact of the COVID 19 Pandemic Long Term Implications   The insurance industry in India has seen a strong growth cycle post the year 2000 and reaping the benefits of the tailwind of strong economic growth environment in the country. The industry has seen a large expansion in the total number of policies in both, the life and general insurance...

Overview of the global military contributors Analysis of the import-export scenario of the global arms market Outlook of Asia Pacific in the future of the arms market   Global military expenditure contribution rose to 2.6 percent of the global gross domestic product to $1,822 billion as of 2018, as per data by Stockholm International Peace Research Institute...

Rise of neobanks A look into neobanks by region and players Road ahead for neobanks   The traditional banking sector, in recent years, has witnessed a new challenge with the rise of a new breed of digital-only, neobanks. They are fully digital financial service providers providing a range of services including banking apps and products such as payment and...

Overview of the merger between Worldline and Ingenico The new entity post-merger of the two firms Road ahead of the payment industry as competition intensifies   The global payment processors and solution market has grown rapidly over the years, from a total revenue of $1.1 trillion as of 2007 to a total revenue of $1.9 trillion as of 2018, with Asia,...

Overview of the latest results of the top banks of America Analysis of individual performance of the American banks Road ahead for the American banks   2019 was a tumultuous year for the United States but not for the American banks, which had a blast. After a disappointing performance in 2018, America’s top banks – JPMorgan Chase, Citigroup, Morgan Stanley...

Current state of the Indian economy Global tax rates vs. Indian tax rate Impact of the corporate tax rate cut   A number of global and domestic agencies – Moody’s, Fitch, World Bank, OECD and now RBI and SBI have downgraded India’s GDP growth forecasts for the FY 2019-20. India’s GDP is estimated to reach USD 2.93 trillion in 2019 (USD 11.32 trillion based...

India’s Government announces plans to merge 10 of the country’s public sector banks Probable impact of the mergers   India’s Finance Minister, Nirmala Sitharaman, recently announced the Centre’s plan to amalgamate 10 public sector banks (PSBs) into 4. With this, the total number of PSBs in the country reduces to 12, down from 27 till 2017. The Centre stated that...

Overview of Endeavor and its financial health A turbulent year for majority of the unicorns going for IPO Why it might still had been a good idea for the company to shelve its IPO?   Endeavor Holding Group, one of the biggest entertainment, sports and content company cancelled its plan for its Initial Public Offering (IPO) just a day before it was set to...