BUSINESS
Moneycontrol Pro Weekender: What we learnt from the Trump-Harris debate and other stories
Famous science fiction author Philip K Dick wrote, ' Fake humans will generate fake realities and then sell them to other humans'
BUSINESS
What the July IIP numbers say about consumption, capex
Consumer durables production was up a strong 8.21 percent, but the output of consumer non-durables was lower by 4.36 percent from a year ago
BUSINESS
August CPI shows encouraging signs in food disinflation
If we take the index values, the consumer price index was at 193 both in July and in August. In other words, month-on-month inflation for August is zero
BUSINESS
Decoding Economics: The impact of AI and what it means for investors
Two research papers from the Bank for International Settlements, a report from the International Labour Organisation and a Goldman Sachs Global Strategy paper, consider the likely effects of AI
BUSINESS
World Trade Report highlights dangers of the new power-based world order
The old rules-based system of the global economy, of which the WTO was the lynchpin, is now defunct. It has been replaced by protectionism, geopolitical trade blocs, beggar-thy-neighbour policies and a focus on security
BUSINESS
Jumpy markets fret about risks to soft landing
While the US market was rocked by the downward revisions to the jobs data on Friday, Fed Funds futures are still pricing in only a 25 basis point rate cut at the September 18 Fed meeting
BUSINESS
Moneycontrol Pro Weekender: Fairy Tale Economics
At the inaugural meeting of the World Bank and the IMF, Lord Keynes' speech talked about Sleeping Beauty, good and bad fairies and the brotherhood of man
BUSINESS
Decoding Economics: Will China’s 'overcapacity' lead to a flood of exports, hurting other countries?
A recent IMF working paper assesses the importance of China’s subsidies in shaping its exports and imports, and sheds light on the implications that China’s industrial policy can have for its trading partners
BUSINESS
World Bank calls upon India to lower tariff barriers to boost exports
The World Bank says that while geopolitics has increased the opportunities for India’s growth, India’s trade policies need to change to be able to seize those opportunities
BUSINESS
Capex to GDP ratio in April-June 2024 highest since September 2012 quarter
There were widespread fears of capex being lower in the June 2024 quarter, on account of the general elections. So the rise in capex in the Q1 FY 25 GDP data is a reflection of the cyclical return of private capex after many years
BUSINESS
Moneycontrol Pro Weekender: Q1 GDP numbers provide comfort on both consumption, private capex
Despite slower overall GDP growth, both consumption and investment demand have picked up, as has growth in employment-intensive sectors
BUSINESS
Fitch Ratings to India: Close, but no cigar
The key risk, says Fitch, "is if this private investment cycle does not materialise as a result of subdued consumption, which would weigh on job creation and dampen potential benefits from India's demographic dividend"
BUSINESS
What to look for in the GDP data for the April-June 2024 quarter
The most important thing to look out for is whether consumption growth has strengthened, which would not only indicate that the benefits of high GDP growth are trickling down, but also lead to a pick-up in corporate capex
BUSINESS
What the income tax data tell us about the premiumisation trend
If there was ever a shade of doubt left about the K-shaped recovery and the consequent premiumisation trend, the income tax data for FY2023 should clear it
TECHNOLOGY
Decoding Economics: Who uses Generative AI and for what?
A World Bank research paper on Generative AI examines the adoption rates of various generative AI tools, identifies the factors influencing usage, and explores the impact of generative AI tools on traffic to other websites and on people’s online activities
BUSINESS
The disconnect between the reaction of Fed Funds market and US equities after Powell’s speech
While the probabilities for the Fed Funds rate have barely budged, the US equity market rallied hard after the Fed chief’s Jackson Hole speech
BUSINESS
Have central banks pulled off a soft landing, or are they just plain lucky?
Many factors, apart from central bank actions, are responsible for the soft landing
BUSINESS
Moneycontrol Pro Weekender | Powell-in-the-Hole
At Jackson Hole, Jerome Powell confirmed the market's view that the Fed will be cutting rates from now on
BUSINESS
Is there really a structural change in bank deposit growth?
An RBI study in 2019 found that the impact of higher market returns on a shift away from bank fixed deposits is limited to the short-term
BUSINESS
Moneycontrol Pro Weekender: Exuberantly buying the dip
If the economy is doing well the markets go up. If it isn't there's no need to worry, the Fed will cut rates and that expectation sends the markets up. It's this alluring mantra that had made buying the dip so popular
BUSINESS
Industrial production shrinks in June from the previous month
Consumer durables production in June contracted by 2.53 percent from the previous month, while consumer non-durables output shrank by 5.86 percent
BUSINESS
Low July inflation entirely due to base effect, month-on-month inflation has gone up
The rise in month-on-month retail inflation from 1.33 percent in June to 1.42 percent in July is mainly due to the rise in mobile telephony charges
BUSINESS
RBI surveys indicate the Indian economy slowed in Q1, what are the expectations for Q2?
Looking ahead to Q2, RBI surveys show consumer optimism has taken a hit, as has the industrial outlook and loan demand prospects. The services and infrastructure sectors, however, are showing increased optimism
BUSINESS
Moneycontrol Pro Weekender | The terrifying lows, the dizzying highs, the creamy middles
While this time the rout in the markets was a consequence of carry trade unwinding, at bottom it's all about leverage
