BUSINESS
If real rural wages have stagnated for a decade, how has private consumption growth been so strong?
Does the consumption of rural labourers really matter? Or can the economy do perfectly well even without them?
BUSINESS
Indian economy: 4th largest in 2026, 3rd in 2027. Just ask IMF
While the Indian economy will overtake both Japan and Germany by 2027, its per capita GDP in that year will only be 9.1 percent of Japan’s and 5.7 percent of Germany’s
BUSINESS
The connection between this year’s Economics Nobel and India’s female labour force participation rate
Claudia Goldin, who was awarded the Nobel Prize in Economics, says female participation in the workforce follows a U-shaped pattern as economic development occurs
BUSINESS
Recent IMF report warned of high risk of Palestinian conflict with Israel
The report said Israel’s blockade is responsible for the economic stagnation and high unemployment in the Gaza strip
BUSINESS
RBI survey paints dismal picture of discretionary consumption growth
Only a third of urban consumers surveyed plan to increase their spending on discretionary items during the next one year, a finding hardly conducive to consumer confidence
BUSINESS
Hamas opens another geopolitical front in the Middle East
So far, much of the talk in the markets has been about the effect the conflict will have on oil prices. Far more important is the resurrection of the Middle East as an arena of conflict and the threat of the conflagration spreading
BUSINESS
Moneycontrol Pro Weekender: Das Bond Slayer
The markets didn't expect the OMO announcement -- hence, the panic. If the transmission of the policy rate is to be completed, lending rates need to go up
BUSINESS
Why the Centre may continue with the free foodgrain scheme even after December
Why -- when growth is stronger this fiscal year than in 2019-20 -- is demand for work under the rural employment guarantee scheme higher this year?
BUSINESS
Even before the festive season, PMI shows India’s economy is booming
The signal from the PMI data to the MPC is of very strong growth with muted inflationary pressures, which will reinforce the widely expected decision to keep the status quo on the policy rate
BUSINESS
Just before MPC meet, manufacturing PMI shows higher selling price inflation
Greater labour costs, upbeat business confidence and buoyant demand facilitated a sharper increase in factory gate charges
BUSINESS
Moneycontrol Pro Weekender: India in The Time of Monsters
The Era of Markets is over, says McKinsey. Therein lies India's opportunity
BUSINESS
Moneycontrol Pro Weekender: Do gentlemen really prefer bonds?
Fed’s hawkish policy tilt is sending US bond yields higher, giving equities a big scare
BUSINESS
On the eve of Fed meet, OECD forecasts Fed Funds rate to remain at current levels till July next year
The OECD’s latest economic outlook report forecasts lower growth for the world next year. Growth in India is expected to slow from 6.3 percent in 2023-24 to 6 percent in 2024-25
BUSINESS
Are households borrowing more to fund consumption?
Households’ net financial savings as a percentage of GDP fell to a 47-year low in 2022-23. But the stock of household financial liabilities, as a percentage of the stock of household financial assets, is still lower than what it was back in March 2019, before the pandemic
BUSINESS
Moneycontrol Pro Weekender: China’s pain is India’s gain
Equities are rising in spite of higher inflation and rising oil prices as funds move out of China into other markets
BUSINESS
Global investors ditch China, flee to Japan and the US
Behold what the mighty Xi Jinping hath wrought. No fund manager now expects a stronger Chinese economy in the next 12 months, compared to a massive 78 percent in February this year. Optimism about economic growth in China among investors is lower than what it was back in September 2022, before the country came out of the lockdown
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?
