BUSINESS
Markets stumble as PMI advance estimates show slowing growth, high inflation
Slowing growth and high inflation are the worst case scenario, because, if it persists, the US Fed will be caught in a cleft stick, being forced to tighten at a time when growth is decelerating. That is the market’s worst nightmare
BUSINESS
Oxfam, Inequality, Capitalism, and the Stock Market
Deng Xiaoping had said, ‘We should let some people and some regions get rich first’, adding, ‘for the purpose of achieving common prosperity faster’
BUSINESS
Moneycontrol Pro Weekender | Testing times
This is going to be a year when all these theories on ‘transitory’ inflation, monetary policy tightening, durability of growth and soft landing for markets will be tested
BUSINESS
Has pandemic increased inequality in India? NBER paper says no
The NBER paper flies in the face of conventional wisdom that talks of a K-shaped recovery
BUSINESS
World Bank predicts global slowdown, but India one of the exceptions
As governments withdraw fiscal and monetary support and as pent-up demand wanes, global economic growth will slow in 2022 and 2023, but not for India
BUSINESS
Rise in headline retail inflation no cause for worry, but core inflation a problem
The general CPI index fell by 0.36 percent in December from the preceding month
BUSINESS
Budget Chart of the Day: Fiscal Fragility
India’s fiscal position is much worse than most countries in the region
BUSINESS
Central government spending will be a tailwind for the economy in Q4 FY22
The concern, though, is that bond yields are rising, which is why the fiscal stance in the forthcoming Union Budget is likely to be conservative
BUSINESS
What demand for work under MGNREGA tells us about consumption demand
Demand for work under the scheme is still much higher than pre-pandemic levels, indicating a lack of job opportunities elsewhere
TRENDS
Moneycontrol Pro Panorama | 2022 is here, but keep your fingers crossed!
In today’s edition of Moneycontrol Pro Panorama: Top investment themes in 2022, the Weekly Tactical, myths in retirement planning, the Herd Immunity Tracker and more
BUSINESS
Moneycontrol Pro Panorama | Fault lines are running deep for markets
In today’s edition of Moneycontrol Pro Panorama: Mahanagar Gas catches the eye, crypto’s future, Startup Street, demystifying Crypto Charts, the battery overhang for EVs and more
MARKETS
Moneycontrol Pro Panorama | Through a glass, groggily
In today’s edition of Moneycontrol Pro Panorama: chief economist at IndusInd Bank offers his analysis for the year ahead, our independent research team picks up a defensive stock -- Bharat Dynamics -- and much more.
BUSINESS
Monetary Policy Committee minutes show concerns over growth
A key takeaway from the MPC minutes: There is a divergence in global and Indian growth prospects, but there is a limit to decoupling
BUSINESS
Moneycontrol Pro Weekender: Withdrawal symptoms
2022 will tell us if central banks can pull off the miracle of a soft landing. Markets are understandably nervous.
BUSINESS
Why different output gaps call for different monetary policy responses
RBI’s state of the economy report for December 2021 has a chart indicating the extent of scarring of various economies from the pandemic
BUSINESS
Will high wholesale inflation today lead to higher retail prices tomorrow?
An RBI study has found that the long-run relationship between wholesale and retail inflation prints has weakened
BUSINESS
November inflation print will not change RBI’s lower for longer stance
Growth, rather than inflation, is what the Indian central bank is worried about. It will take a substantial deviation from the central bank’s inflation projections for it to change its stance
BUSINESS
RBI survey shows consumer confidence still very weak
The Future Expectations Index (FEI) has improved from the September level, but it’s still lower than where it was during the period September 2020 to January 2021, when the first wave of the pandemic had ebbed and the second wave hadn’t started
POLICY
Crypto Conversations: Can DeFi become part of mainstream finance?
Bank for International Settlements Quarterly Review says DeFi can play an important role in the financial system, provided it is suitably regulated
BUSINESS
Four Indias: findings from the World Inequality Report
The World Inequality Report 2022 says the top 10 percent of Indians get much more than half the country’s income
BUSINESS
What’s up with rural demand?
Inflation, according to the GVA deflator, shows that the terms of trade have moved against agriculture, contributing to a slowdown in rural consumption
BUSINESS
Jobs have come back, but what kind of jobs?
The proportion of workers in informal jobs went up in urban India after the first wave of the pandemic, according to government data
BUSINESS
Solid expansion in manufacturing in November, but why is business confidence falling?
Manufacturing PMI signals India is seeing the strongest pace of expansion in Asia
BUSINESS
Centre has enough fiscal ammunition to spend freely in the rest of 2021-22
The central government’s fiscal position is now much better than it was before the pandemic
