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
BUSINESS
Moneycontrol Pro Weekender | Fiscal dominance
What the Fed proposes, fiscal policy disposes
BUSINESS
Indian manufacturing one of the star performers globally, PMI numbers show
The forthcoming Monetary Policy Committee meeting will have to take into account both the strength of the manufacturing PMI for July and the inflationary pressures
BUSINESS
Why financial conditions remain loose despite rate hikes
Loose financial conditions have cushioned the US economy, so much so that its GDP rose at an annual rate of 2.4 percent in the June 2023 quarter, compared to 2 percent in the March quarter. Whatever happened to the recession?
BUSINESS
Moneycontrol Pro Weekender: Ueda springs a surprise
Bank of Japan governor Kazuo Ueda’s tweaking of yield curve control could have global repercussions
BUSINESS
Is the market in for a painful adjustment? US Fed researcher says yes
Exceptionally good stock returns of the past 30 years are at risk, as two major contributing factors are no longer in place
BUSINESS
Rate decisions loom, and flash PMIs have a message for central banks, markets
For the Fed, the problem is that inflation in the services sector remains high on account of wage pressures, despite a slowing economy
BUSINESS
Will Jerome Powell derail the ‘Immaculate Disinflation’ narrative?
The Federal Open Market Committee meeting this week is very important, as it will tell us whether the Fed has finally changed its stance on inflation, or whether it pushes back against the market narrative
BUSINESS
Moneycontrol Pro Weekender: Climbing Mount 20k
Emerging markets are in the spotlight as the shift in foreign capital flows has been driven by disappointment about China’s recovery
