BUSINESS
IIP numbers paint a very different picture from upbeat GDP data
If the IIP numbers are right, the production of consumer durables in January 2024 was lower than six years ago
BUSINESS
Moneycontrol Pro Panorama | Jaw-dropping growth
In this edition of Moneycontrol Pro Panorama: Q3 FY24 GDP data an acceleration or slowdown, small cap stocks on regulatory radar, school education needs radical new approach, this jewellery maker is set to glitter, and more
BUSINESS
What to look for in the Q3 GDP numbers
The most important thing to look for is whether there has been an improvement in private consumption
BUSINESS
The secret behind premiumisation, revealed by the Household Consumer Expenditure Survey
The top 5 percent of the urban population accounted for 21.7 percent of the increase in urban consumption between 2011-12 and 2022-23, a category that is driving demand for premium goods and services
BUSINESS
A profile of the seriously weird average Indian consumer, from the Household Consumer Expenditure Survey
We have a picture of the average Indian consumer grabbing a carton of milk in the morning before riding long distances to work, gorging on vada pav and snacks for lunch, washed down with a cold drink, dropping in to buy a toaster or microwave on the way back to her hovel, and ordering cooked meals for dinner while carefully avoiding the dal and vegetables and putting up her feet while knocking back a peg or two of the local hooch
BUSINESS
Household Consumption Expenditure Survey 2022-23: Decoding who consumes how much
In urban India, the top 10 percent account for a quarter of all consumption
BUSINESS
Has Berkshire Hathaway become too big to grow?
'Size did us in', writes Buffett, meaning that Berkshire Hathaway, finding wonderful businesses that can add meaningful value to the firms is a problem
BUSINESS
Flash PMI for February shows best of both worlds for India
The Flash Composite PMI came in at a 7-month high while inflation in input costs as well as selling prices is very low
BUSINESS
The Green Pivot | Wall Street gets cold feet on ESG as politics plays spoilsport
The principal argument employed by those against ESG investing is that it diverges from the fiduciary duty of asset managers to ensure the best possible returns for investors
BUSINESS
Rate cuts unlikely until RBI sees inflation stable at 4 percent
Report by RBI researchers exhorts the corporate sector to get its act together to relieve the government of heavy lifting on capex and take advantage of lower borrowing costs to increase capital expenditure
BUSINESS
Farmers’ protests: What do the economic data say?
There is no alternative to moving people out of farming into more productive occupations
BUSINESS
Does the consumption of the poor really matter?
Overall growth in private consumption has been strong even in years that saw a shrinkage in real rural wages
BUSINESS
Saare Jahaan Se Achcha, PMI Hamara
While growth has picked up, that hasn’t been accompanied by higher selling price inflation. That should provide comfort to the RBI’s Monetary Policy Committee at its meeting this week
BUSINESS
What budget allocations tell us about the government’s spending priorities
There has been a decisive shift in favour of infrastructure building and capex, instead of emphasis on social sectors and subsidies during the UPA years
BUSINESS
Are central government finances now in better shape than before the pandemic?
While there has been an increase in tax receipts as a percentage of GDP compared to pre-pandemic levels, higher levels of government spending are keeping the fiscal deficit high
BUSINESS
Seven key takeaways from the Interim Budget 2024
What are the signals from the Interim Budget? What strategy does the government have in pruning the fiscal deficit? Why is the onus on the private sector now?
BUSINESS
The Story between Budgets: Nirmala Sitharaman's remarkable fiscal achievements
The finance minister's note-worthy accomplishment lies in elevating capital expenditure to enhance the nation's infrastructure, with central government capex surging from 1.6 percent of GDP in 2018-19 to an estimated 3.4 percent in the current fiscal year
BUSINESS
Finance ministry's pre-Budget economic assessment
The finance ministry's examination of the Indian economy signals robust health, indicating no necessity for an artificial fiscal stimulus as sustained brisk growth is expected
BUSINESS
The Ram temple and other projects of national rejuvenation
Turkey, India, Russia and China are four nations where the elites are marrying development with tradition in projects of national revival
BUSINESS
How many workers in India meet Narayana Murthy’s 70-hours-a week benchmark?
Data from the Periodic Labour Force Survey tell us which workers in which states work the least, who are the most industrious and how many work more than 70 hours a week
BUSINESS
A big capital goods revival? Not according to the IIP
The IIP data show there has been a slight decrease in capital goods production compared to five years ago
BUSINESS
What does the index of industrial production say about consumption?
The IIP data show that while the production of consumer non-durables has been sluggish, the numbers on the domestic production of consumer durables are downright alarming
BUSINESS
Budget 2024: Will it be a populist pre-election Budget?
The interim budget of 2019 was one clinically designed with a beady eye on voters
BUSINESS
After 10 years of reforms, how has the economy's structure changed?
Growth in the last five years has been lop-sided, led by finance and real estate. The finance, real estate and professional services sector provides jobs for the classes rather than the masses and the rise in its share is a symptom of the K-shaped recovery, mitigated by some extent by the increase in share in the construction sector. The falling share of manufacturing is a disappointment
