INDIA
Quick Take | Decoding FSR fine print: RBI unlikely to change policy rate till first half of FY20
RBI's Financial Stability Report projects current account deficit of 2.1% of GDP in the second half of FY19 and 3.4% of GDP in the first half of FY20
BUSINESS
Quick Take | With so many frauds in PCA banks, why take the risk of allowing them to lend?
The share of frauds in banks under the prompt corrective action framework far outweighs their share of total bank capital dedicated to operational risk
INDIA
100-Word Take | Loan waivers come at a time when bad loans in the agriculture sector are rising
The gross non-performing assets in agricultural bank loans went up from around 5 percent of advances to the sector in March 2017 to 8.4 percent by September 2018.
INDIA
100-Word Take | What India could learn from Sheikh Hasina
Despite being a much poorer country than India, Bangladesh scores over India on many fronts
BUSINESS
Opinion | Economic outlook for 2019: Will the elephants in the room turn out to be mice?
It's a mug's game to predict the direction of crude oil prices and the outcome of the general elections, but they matter the most for the Indian economy in 2019
BUSINESS
100-word take | Trump trade wars have had hardly any impact on global trade so far
Global trade has been sluggish in recent months, but it remains to be seen if the trend persists
BUSINESS
Opinion | What spooked global markets?
Markets are worried Fed Chairman Jerome Powell may withdraw the drug that propelled them to new highs.
BUSINESS
Opinion | Niti Aayog wants to make India a development state, but it's a tall order
Development states are able to rise above powerful sectional and vested interests. Unfortunately in India, governments have, time and again, meekly surrendered to populist pressures.
BUSINESS
Opinion | Bird Watching at the Reserve Bank of India
We explore the minutes of the last Monetary Policy Committee meeting to decipher the ornithological profiles of the members.
WORLD
Quick Take | US Fed Chairman refuses to play Santa to the markets
The Fed's projection of the unemployment rate has been pushed up a little and its prognosis of the inflation rate has been pushed down slightly.
BUSINESS
Quick Take | The myth of low credit growth under the Modi government
In November 2013, before the Modi government came to power, non-food bank credit growth was 14.6 percent, lower than what it is now. But then, one month’s numbers may be a flash in the pan.
BUSINESS
100-Word Take | Over 40 years, Chinese dragon outpaces Indian tiger in GDP race
India’s share of world output was higher than China’s till 1984, but it’s less than half now.
BUSINESS
Quick Take | Global fund manager survey finds extreme bearish sentiment, but allocation to emerging markets improves
Global fund managers now say the region they would most like to overweight in the next 12 months is the emerging market universe.
INDIA
Quick Take | Demonetisation led to 2 percentage point drop in GDP, says top US research firm
If demonetisation had not occurred then GDP growth in the September-December 2016 quarter would have been 2 percentage points higher.
BUSINESS
100-Word Take | The reason for the plunge in the US market
The December Flash Composite Purchasing Managers Index for the US, a gauge of private sector activity, has come in at a 19-month low.
BUSINESS
100-Word Take | November exports were at the same level as four years ago
India's export performance has been dismal.
BUSINESS
100-Word Take | The market is hoping Fed chief Powell has become a dove
Dovish remarks by US Fed officials and fears of a US slowdown have led to lowered market expectations of Fed rate increases
INDIA
Quick Take | Farm loan waivers end up hurting the people they want to help
Former RBI governor Urjit Patel had pointed out that loan waivers often result in higher than budgeted revenue expenditure.
BUSINESS
Quick Take | How deflation in food prices played a role in BJP's election debacle
Apart from the states that just had elections, Andhra Pradesh, Himachal Pradesh, Maharashtra, Odisha and Jharkhand are the other states facing rural deflation
BUSINESS
Opinion | Shaktikanta Das will have to prove he is his own man
The immediate issues before Das are the ones that apparently forced Urjit Patel to resign
BUSINESS
Opinion | What the results of the state elections mean for Modi’s Brave New India
The political economy experiment of the last four years has been dealt a body blow
BUSINESS
Quick Take | The rising current account deficit is not just because of high oil prices
While the deficit on account of petroleum, oil and lubricants (POL) went up by 58 percent from a year ago, the deficit on account of non-POL products rose by 50 percent
BUSINESS
Quick Take | Gandhi family critic, Raghuram Rajan fan: How CEA Krishnamurthy sees the world
We have to turn to Subramanian’s columns to glean clues about his macro-economic thinking
INDIA
Quick Take | Does the market really have a reason to worry about lower global growth?
Global growth is still strong, but business confidence is the lowest it has been in two years
