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Site title: The Big Picture

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 There have been several important developments in the Tata group in recent days. First, Mehli Mistry, who was a member of a dissident group at Tata Trusts (by which I mean the two key trusts that control the Tata group, Sir Ratan Tata Trust and Dorabji Tata Trust), had his term as Trustee not being renewed.

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Many people recoil at the suggestion that any CEO can be paid a trillion dollars for performance. They find the package proposed for Elon Musk obscene. Investors are at the moment voting on the package. Musk has threatened to quit and focus on other things if the package is not approved.

The board of Tesla backs the package. Top proxy ad...

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The financial markets have held up in the face of data-preview="" href="https://www.google.com/search?ved=1t:260882&q=Trump+tariffs+impact&bbid=33693245&bpid=768873610...

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The IMF has upgraded its forecast for world economic growth a second time. It now projects growth of 3.2 per cent for the world economy, a tad below growth of 3.4 per cent in 2024. 

In April, the IMF had forecast growth of 2.8 per cent. The projection must hav been prepared ahead of Trump's Liberation Day announcement but Trump's st...

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I had a post a few days ago about the Economist thinks the US economy is defying gloom. I myself had a post earlier saying that Trump was winning the tariff war- on X, the article evoked harsh comments and I was br...

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