ECONOMY
Flash PMI data for January show green shoots in global economy
The US-China trade deal and hopes of a better Brexit deal lead to rebound
ECONOMY
The aim of this Budget should be to restore confidence
We need a new vision for the economy, a new direction, like we had in the 1991 Union Budget
BUSINESS
Moneycontrol Pro Weekender | Waiting for Sitharaman
Budget 2020 comes at a time of crisis for the Indian economy. What is needed is inspired out-of-the-box thinking. Will Nirmala Sitharaman rise to the occasion, thus ensuring a place for her in the history books?
ECONOMY
Bank of America fund manager survey: global tail risk shifts from trade war to US elections
Markets irrationally bullish, but not yet euphoric
ECONOMY
IMF predicts Indian economy bounce in FY21, but how accurate are its forecasts?
Easy financial conditions are providing the liquidity for a market rally based on the expectation that the worst is over and better times lie ahead
ECONOMY
Data show the credit crunch is at the root of the current slowdown
The flow of financial resources to the commercial sector, as a percentage of Gross Value Added, has fallen sharply
BUSINESS
Moneycontrol Pro Weekender: Buy the rumour, buy the news?
Market consensus estimates are as usual bullish, forecasting earnings growth of 26 percent in FY21 and 15 percent in FY22 for the Nifty.
ECONOMY
What the World Bank has to say about low Indian productivity
Labour productivity in India is 27 percent of the average in emerging economies, which in turn is less than one-fifth of the average in developed economies
ECONOMY
Rising inflation takes rate cuts off the table
It’s up to the Union Budget now---an extraordinary slowdown calls for special measures
ECONOMY
The need for a willing suspension of disbelief of IIP data
How Mild Steel Slabs rescued the Index of Industrial Production
BUSINESS
Moneycontrol Pro Weekender: All is well
There are some signs that the worst of the slowdown is over. The Global Composite PMI, which considers both the manufacturing and services sectors, came in at an eight-month high in December 2019
ECONOMY
The one chart to rule the markets
What the World Bank’s chart of global financing conditions tells us about stock market returns
ECONOMY
World Bank forecasts a shallow and prolonged recovery for India
Even in 2021-22, India’s GDP growth will be much lower than that notched up in 2018-19
ECONOMY
Six questions from the government’s growth estimate for 2019-20
Growth in GDP at current prices at 7.5 percent is the lowest since 1975-76
ECONOMY
Five lessons from India’s sustainable development scores
The scores for poverty and hunger have worsened, but where the government has pushed the agenda, much progress has been made
BUSINESS
Moneycontrol Pro Weekender: Brave New World
We had monetary stimulus, market highs, an underlying fragility caused by a global economy barely able to keep its head above water and rising geopolitical risk -- all in the first few days of the New Year. Things be better in India too.
ECONOMY
A wake-up call from a friend of India
The economy is too fragile to be burdened with a disruptive programme such as the NRC
ECONOMY
What’s different about the fiscal deficit this year
Gross tax collections till November this fiscal year have gone up by a mere 0.8 percent, the lowest since 2009-10
ECONOMY
At the end of 2019, no sign of a bounce in the bank credit data
Bank credit outstanding to micro and small industries was lower in November 2019 than in December 2017
ECONOMY
Faced with a credit crunch at home, firms turn overseas for funds
RBI data show that almost two-thirds of the flow of funds to businesses in the first half of the current fiscal year came from abroad
BUSINESS
Moneycontrol Pro Weekender: As good as it gets
A Santa rally is in the making due to events on the global stage. But the global cheers is not matched by similar optimism in India.
BUSINESS
Book Review | How the elephant can learn to dance with the dragon
ECONOMY
What Xi Jinping really thinks about economics
The key message: While China, as well as other developing nations, must learn and seek help from economic theories that originate in the West, these theories must be adapted to specific national conditions.
ECONOMY
Arvind Subramanian and India’s Four Balance Sheet problem
Arvind Subramanian’s latest Harvard University paper says the Indian economy is trapped in a vicious circle, as stress in the corporate and financial sectors are feeding on each other, driving the economy downwards
