BUSINESS
All that is solid melts into air
The next decade will be an age of rapid and widespread disruption
BUSINESS
Is global growth slowing while India’s growth is accelerating?
If demand is sustained and the government chips in, we could outperform the rest of the world
BUSINESS
Manufacturing activity lost momentum in August, shows PMI
Contrary to hopes of pent-up demand spurring consumption, output growth in the manufacturing sector slowed in August
BUSINESS
Central government finances now in better shape than before the pandemic
The tax revenue figures show that some sections of society and larger companies seem to be doing better than even before the pandemic
BUSINESS
GDP in April-June 2021 still well below that of April-June 2019
Private consumption is still 88.1 per cent of what it was two years ago
BUSINESS
What to look for in the Q1 GDP numbers
RBI predicts growth in April-June 2021 will be 21.4 per cent after a contraction of 24.4 per cent in April-June 2020. That means GDP will still be lower than it was two years ago
BUSINESS
The Modi government’s courage in biting the bullet on asset monetisation deserves kudos
Those opposing asset recycling should tell us whether they prefer the alternatives: higher taxes or a higher fiscal deficit
BUSINESS
When the facts change, do central bankers change their minds?
We are all agog to know whether Jayanth Varma’s question will be answered at Jackson Hole
BUSINESS
RBI State of the Economy Report: The Maya of Inflation and the Leela of Growth
Inflation is transitory, as are all things, while growth will depend on our karma
BUSINESS
Did the US invasion help the Afghan economy?
Economic growth was strong initially, but as aid dwindled and foreign troops left, the economy stalled. With the US gone, will it be advantage China?
INDIA
The mystery of the falling unemployment rate in the midst of a pandemic
What exactly is the point of counting a person as employed if he has worked for just an hour in the preceding week?
BUSINESS
Hijacked by capital: Why China is cracking down on its Internet companies
The principal contradiction is the one between capitalism and the market on the one hand and Chinese state control on the other
BUSINESS
July Flash PMIs: Supply disruption is behind both inflation and growth scare
Expansion continues to be robust for the US, Eurozone and the UK, but momentum is slowing
SCIENCE
Book Review | Those magnificent men who built science in newly independent India
Why did these extraordinary minds develop science in a newly created India? The book offers a perspective
BUSINESS
RBI study: The pandemic has seen big firms gaining market share
It’s part of a long-term trend in which the biggest firms have been steadily increasing their share of the pie
BUSINESS
Confidence in global reflation trade dented, says RBI report
The economy is struggling to regain the momentum of recovery that had started in the second half of 2020-21, but was interrupted by the second wave
BUSINESS
McKinsey study shows rich getting richer, big getting bigger, in last 25 years
Between 1995 and 2019 in the US, the richest 10 per cent of US households increased their share of equity, pooled funds and retirement savings by seven percentage points to two-thirds of the total, largely at the expense of the next 40 per cent of households
WORLD
Is today the hundredth anniversary of the Communist Party of China or the Capitalist Party of China?
What kind of communism allows the means of production to be privately owned? What communist government will tolerate such a huge rise in inequality? And the Third Plenum of the CPC in 2013 had said that market forces would play ‘a decisive role’. Communism, really?
BUSINESS
BIS builds three scenarios for the global economy
So far, the recovery has been surprisingly strong. ‘The craving for normality has prevailed’, says the BIS Annual Economic Report
BUSINESS
The priority now must be vaccination, not a fiscal stimulus
Government support by way of credit guarantees and food and fertiliser subsidies is the right policy, till the masses are vaccinated
BUSINESS
The impact of the first wave of the pandemic on household finances
Paradoxically, household financial liabilities as a percentage of financial assets has gone down in 2020
BUSINESS
Has China shifted from exporting deflation to exporting inflation instead?
The US import price index for shipments from China has risen sharply in the past few months
BUSINESS
GuruSpeak: John Maynard Keynes -- path-breaking economist, smart investor, swashbuckling speculator
Over the course of his life, Keynes changed course from speculating in the currency and commodity markets to investing in equities. He altered his strategy from a top-down macro approach to bottom-up stock picking, with stellar results. His art collection too gave good returns
BUSINESS
If demand has been hit, as MPC says, how can companies pass on higher costs?
The MPC says that demand has been affected by the second wave while supply has proved resilient. But shouldn’t that lead to lower prices?
