BUSINESS
You just can't miss the pent-up demand for bank credit
Growth in non-food bank credit outstanding this fiscal year is not only higher than in pre-pandemic times, but the highest in at least the last ten years
BUSINESS
What will be the impact of a global slowdown on India?
The growth spurts in the 1990s and 2000s decades were accompanied by a rapid rise in exports of goods and services
BUSINESS
The apocalyptic vision of Zoltan Pozsar
The world is already in an economic war, says investment guru Zoltan Pozsar and that will mean economic security, rather than convenience or lower cost, will be the touchstone of policy. That is likely to mean higher inflation and lower growth
BUSINESS
Moneycontrol Pro Weekender | Fighting the Fed
India is bracing for the ripple effect of the frontloading of rate hikes by the US Fed. The question is, can it have the last laugh
BUSINESS
PMI: Manufacturing strong, inflation lower; business optimism at 6-year high
With new orders high and inventory low, stage set for continued growth
BUSINESS
Between April-June 2019 and April-June 2022, GDP growth was 3.8 percent
Pent-up demand continues to be strong, especially in the services sector
BUSINESS
The stark warnings from Jackson Hole
BIS general manager says the global economy may be approaching ‘what in aviation is called a “coffin corner”, the delicate spot when an aircraft slows to below its stall speed and cannot generate enough lift to maintain its altitude’
BUSINESS
Why are our neighbouring economies in trouble and why is India an exception?
If an economy runs a high fiscal deficit, has high levels of external debt and doesn’t have the insurance of high foreign exchange reserves, it is asking for trouble
BUSINESS
Moneycontrol Pro Panorama | Ice, fire, ice?
In today’s edition of Moneycontrol Pro Panorama: Commodity maths for central banks, Pidilite’s sticking point, the NPA dragon lying low, Sebi’s settlement formula has a problem, steel's cup of woes and more
MARKETS
Why are markets rallying even as record 90 percent fund managers predict stagflation?
The Bank of America survey of fund managers says while sentiment is still too bearish for an immediate reversal of the rally, they would fade the rally when the S&P goes above 4328
BUSINESS
Rakesh Jhunjhunwala and the long bull market
The Big Bull once made a surprising claim—that we are in a long bull market since 1981. What's special about this period? Could a change in the macro environment wipe out all the gains?
BUSINESS
India@75: Who benefited the most from economic growth?
The income of the richest 10 percent went up by 42 percent between 1951 and 1980 and by 435 percent between 1980 and 2015
BUSINESS
Despite the Fed raising rates, US financial conditions are loosening again
The Chicago Fed’s Adjusted National Financial Conditions Index is now lower than what it was back in March 2022, despite the Fed having raised the policy rate by 200 basis points since then
BUSINESS
India@75: How have we done on per capita income?
At the time of Independence, our per capita income was lower than that of Afghanistan, Zambia, Zimbabwe, the Central African Republic, and the Congo. On the other hand, it was higher than that of China and South Korea
BUSINESS
Was the rising trade deficit a reason for RBI’s hawkishness?
Non-POL imports have been rising sharply while exports are likely to be affected by the slowdown in the advanced economies
BUSINESS
The PM is right, India’s government spending is too high
India’s govt revenues/GDP ratio for its level of per capita income is all right; it’s the govt expenditure that is the problem
BUSINESS
The hidden cost of free lunches
No nation has consumed its way to greatness
BUSINESS
The story the latest data will tell the Monetary Policy Committee
The PMI data for July show a sharp rate of expansion of the Indian economy, albeit with some loss of momentum
BUSINESS
Nancy needles the dragon
Nancy Pelosi’s trip to Taiwan brings to mind Mao Ze Dong’s famous saying: ‘the international situation has now reached a new turning point. There are two winds in the world today, the east wind and the west wind. There is a Chinese saying, ‘Either the east wind prevails over the west wind, or the west wind prevails over the east wind’
BUSINESS
Rural jobs are coming back
July saw a steep fall in demand for work under MGNREGA
BUSINESS
Indian manufacturing recovery strongest in Asia
July PMI reading shows higher manufacturing growth, lower inflation
BUSINESS
Monetary tightening all very well, but what about massive fiscal deficits?
A study by Moody’s Analytics says that with the re-opening of the Asian economies, demand is set to rise, leading to a resurgence of inflation
BUSINESS
The fine print in the IMF World Economic Outlook Update
IMF: ‘As advanced economies have raised interest rates and conditions have tightened globally, debt vulnerabilities and financing risks are on the rise for emerging market issuers’
BUSINESS
If the Fed chair doesn’t understand inflation, who does?
How are inflation expectations formed? Did Volcker really kill inflation, or was it the decimation of the trade unions? New research on these questions throws up interesting perspectives on inflation
