BUSINESS
Indian corporates have one of the largest funding gaps, finds BIS study of 19 countries
If the government doesn’t plug the funding gap, it could lead to a wave of bankruptcies, affecting banks and NBFCs
BUSINESS
Forget fiscal boost -- Government expenditure fell in May
Revenue receipts of central government in April-May less than a third of the same period last year
BUSINESS
India cannot afford more lockdowns
The half-hearted lockdowns of today are worse than useless
BUSINESS
A warning about high asset prices from the IMF
IMF: A number of triggers could result in a repricing of risk assets, a development that could add financial stress on top of an already unprecedented economic recession
BUSINESS
The link between low growth, high stock prices, increasing debt and trade wars
Economists have said the ‘savings glut of the rich’ lowers aggregate demand and limits the size of the market
BUSINESS
Flash PMIs show major developed economies continued to shrink in June
Output and demand are still falling, but no longer collapsing
BUSINESS
A full economic recovery will have to wait for a vaccine
A recent research paper finds ‘the primary barrier to economic activity is depressed consumer spending due to the threat of COVID-19 itself as opposed to government restrictions on economic activity, inadequate income among consumers, or a lack of liquidity for firms’.
WORLD
An aggressive China believes its time has come
The central geopolitical rivalry of our time is between a rising China and a US past its prime; India is firmly in the US camp
BUSINESS
Global economic growth in recent decades has relied on a rising tide of debt
BUSINESS
The sharp fall in unemployment raises hopes of a quick recovery
BUSINESS
What lies beneath the wholesale price deflation in May 2020
Worries about deflation for the manufacturing sector may be misplaced
BUSINESS
The message for the markets from the US Fed
The markets were looking for confirmation whether their belief in a V-shaped recovery for the US economy would be echoed by the Fed. Powell's Freudian slip says it all.
BUSINESS
Are forecasters predicting a V-shaped rebound for the Indian economy?
Standard & Poor’s sees consumption driving the recovery
BUSINESS
World Bank: Worst recession since Second World War
Although a moderate recovery is forecast for 2021, output is not expected to return to its previously expected levels
BUSINESS
Unemployment fell in July 2018-June 2019, but not for all social groups
BUSINESS
We have been on the road to ‘Atmanirbhar Bharat’ for many years now
Merchandise imports and exports as a proportion of GDP have been falling for years.
BUSINESS
Average all-India salaries were lower in April-June 2019 from a year ago
As many as 69.5 percent of salaried workers in non-agricultural enterprises have no written contracts; 53.8 percent have no paid leave
BUSINESS
Who is right about demand coming back -- Chetan Ghate or Janak Raj?
The debate is about which will come back faster—demand or supply
BUSINESS
RBI survey shows collapse in consumer confidence
Almost half of those surveyed said they expect job prospects to worsen in the year ahead
BUSINESS
Moody's India downgrade was expected. It should have little impact
The credit rating agency has made a reference to weaker institutions and governance. The government should take note.
BUSINESS
Agriculture and government spending have propped up growth in the last two quarters
Growth in the non-farm private sector was 2 percent even in the December 2019 quarter.
BUSINESS
The economy was sick long before COVID-19 struck; the lockdown sent it to the ICU
The coronavirus crisis will worsen India’s Four Balance Sheet problem.
MARKETS
The IMF on what pushes portfolio flows to emerging markets
Covid 19 will mean lower inflows into emerging markets bonds and equities
ECONOMY
Could inequality provide an unexpected support for consumption?
The relatively well-off have a disproportionately high share of consumption
