BUSINESS
Sound and fury in vegetable prices
Vegetables are the stars of the Great Indian Inflation Circus. In August, month-on-month prices fell dramatically for tomatoes, parwal, green chillies, lady’s finger, beans, lemons, while they rose for onions and garlic, among others
BUSINESS
Which manufacturing industries are seeing high growth, which ones are shrinking?
As many as 14 out of 23 manufacturing industry groups have grown in the past one year, according to Index of Industrial Production data
TRENDS
Book review | The Eight Percent Solution: A Strategy for India’s Growth by Nikhil Gupta is a cold hard look at the Indian economy
Whether you agree or disagree with Gupta’s prescriptions for the Indian economy, this book is worth reading!
BUSINESS
Moneycontrol Pro Weekender | G20 and other Gs
G20 summit: India's interests will best be served by acting as a bridge between the West and the Global South
BUSINESS
India gets a thumbs up from rich countries, but China does better in Global South
Pew Research surveys show that while India is viewed far more favourably than China in the rich nations—the US, UK, France, Germany and the like —the developing countries have a more favourable attitude towards China. In South Africa, for example, only 28 percent have a favourable view of India, while 49 percent like China
INDIA
PM Modi's interview signals India ready to take on larger global role
The prime minister’s interview with Moneycontrol lays bare his thinking not just on India’s current G20 presidency, but also his vision of India and what our nation has to offer the world.
BUSINESS
PMI numbers show strong GDP growth will continue in current quarter too
The PMI data also show high inflation in the services sector
BUSINESS
The curious case of exports, imports in June quarter GDP data
Why was the year-on-year growth in exports at constant prices much lower than at current prices while import growth at constant prices was much higher than that at current prices?
BUSINESS
Bank credit growth has slowed, but there’s no reason to worry
While growth in bank credit outstanding has slowed this year compared to 2022, it’s still well above growth during the pre-pandemic initial months of FY20 and FY19
BUSINESS
How has the Indian economy's structure changed in the last decade?
While share of agriculture in the economy has shrunk, that hasn’t led to an increase of share for manufacturing. The big beneficiary has been the ‘financial services, real estate and professional services’ sector
BUSINESS
High demand for MGNREGA work: What does it signal about job growth?
The number of households demanding work under the rural employment guarantee scheme is higher than in 2022 and even in pre-pandemic 2019
BUSINESS
Moneycontrol Pro Weekender | Don’t worry, be happy
No doubt there are challenges on the horizon, but the Indian economy on a relative basis is shining
BUSINESS
Key questions -- and answers -- to make sense of Q1 GDP data
The Compounded Annual Growth Rate (CAGR) of real GDP between June 2019 and June 2023 is 3.2 percent
BUSINESS
Which sector will drive Q1 GDP growth? RBI data on corporate results provide clues
The RBI data show a clear demarcation between the manufacturing and services sectors. While aggregate operating profits fell 0.9 percent year-on-year for manufacturing firms, they increased by 37.3 percent for services firms
BUSINESS
ECB president quotes Kierkegaard at Jackson Hole to warn of policy risks
Christine Lagarde said in the medium-term a combination of higher investment needs and greater supply constraints is likely to lead to stronger price pressures
BUSINESS
Moneycontrol Pro Weekender: The times they are a-changin’
The Global South, at the receiving end of the tender mercies of Western civilisation for centuries, has finally stood up
BUSINESS
Lower flash PMIs pull down US bond yields, spark stock market rally
The flash PMI survey for August shows that the service sector-led acceleration of growth in the advanced Western economies has faded
BUSINESS
Moneycontrol Pro Weekender | Hope floats consumers’ boats
RBI consumer confidence survey's Current Situation index has been in pessimistic territory since 2017
BUSINESS
UBS Global Wealth Report poses tough questions on inclusive growth claims
In 2022, the share of the richest 1 percent was 40.4 percent of the nation’s wealth, while the richest tenth of the population owned 72.5 percent. In contrast, the share of the poorer half of the Indian populace was a measly 2.9 percent
BUSINESS
Food inflation: This too shall pass, but consumption will slow
While year-on-year core inflation came down in July, month-on-month core inflation went up
BUSINESS
Jaw-dropping numbers from the Index of Industrial Production
Twelve out of the 23 manufacturing industries that make up the IIP are at levels lower than 7 years ago
BUSINESS
Why Moneycontrol is bullish on India
Optimism is in the air and spirits are high. There is a spring in the step, a new-found confidence in India.
BUSINESS
Moneycontrol Pro Weekender: The road to 2047
According to an RBI study, we need to grow real GDP by 7.6 percent per annum to be a developed economy. And that target is eminently achievable, say the researchers
BUSINESS
Moneycontrol Pro Panorama | MPC Decision: Salad Days
In today’s edition of Moneycontrol Pro Panorama: India Inc records rising cash flows, signs of moderation visible in banking sector, healthcare service providers under the weather, Go First needs a change in strategy for revival plans, and more
