INDIA
The mystery of the falling unemployment rate in the midst of a pandemic
What exactly is the point of counting a person as employed if he has worked for just an hour in the preceding week?
BUSINESS
Moneycontrol Pro Weekender | The East is Red Again
The market carnage spread from China’s e-commerce and fintech bigwigs such as Alibaba and Tencent to edtech companies and then to the property sector
BUSINESS
Hijacked by capital: Why China is cracking down on its Internet companies
The principal contradiction is the one between capitalism and the market on the one hand and Chinese state control on the other
BUSINESS
July Flash PMIs: Supply disruption is behind both inflation and growth scare
Expansion continues to be robust for the US, Eurozone and the UK, but momentum is slowing
BUSINESS
Moneycontrol Pro Weekender | Where are you on India’s wealth ladder?
The top 5 percent of Indians own more wealth than the other 95 percent put together, according to Credit Suisse
SCIENCE
Book Review | Those magnificent men who built science in newly independent India
Why did these extraordinary minds develop science in a newly created India? The book offers a perspective
BUSINESS
RBI study: The pandemic has seen big firms gaining market share
It’s part of a long-term trend in which the biggest firms have been steadily increasing their share of the pie
BUSINESS
Moneycontrol Pro Weekender | Sign of the times
Huge oversubscription of Zomato IPO shows platform companies are the future, posing a threat to traditional businesses
BUSINESS
Confidence in global reflation trade dented, says RBI report
The economy is struggling to regain the momentum of recovery that had started in the second half of 2020-21, but was interrupted by the second wave
BUSINESS
Moneycontrol Pro Weekender | Fire and ice
Is there a middle ground between higher inflation and deflation? Yes, there is one
INDIA
The conflict over development that claimed the life of Stan Swamy
Economic development is an intensely contested project, throwing up winners and losers. It has always been so, no matter what the political system
BUSINESS
McKinsey study shows rich getting richer, big getting bigger, in last 25 years
Between 1995 and 2019 in the US, the richest 10 per cent of US households increased their share of equity, pooled funds and retirement savings by seven percentage points to two-thirds of the total, largely at the expense of the next 40 per cent of households
BUSINESS
Thirty years of liberalisation: Reforms lifted GDP growth but didn’t create enough jobs
Overall growth in jobs has been coming down in every decade since liberalisation. The KLEMS database shows that total employment in 2017-18 was lower than in 2011-12
BUSINESS
How does the structural change of the last 30 years compare with that of the 30 years preceding liberalisation?
In several significant development markers such as the change in the share of agriculture and industry in GDP, the period since liberalisation has done worse than the thirty year period prior to the opening up of the economy.
BUSINESS
Moneycontrol Pro Weekender | God’s Own Country
How religiously tolerant are Indians? Does it affect their political leanings? How is the economy placed? What explains Indians’ love for a strong leader? Here are some interesting findings
WORLD
Is today the hundredth anniversary of the Communist Party of China or the Capitalist Party of China?
What kind of communism allows the means of production to be privately owned? What communist government will tolerate such a huge rise in inequality? And the Third Plenum of the CPC in 2013 had said that market forces would play ‘a decisive role’. Communism, really?
BUSINESS
BIS builds three scenarios for the global economy
So far, the recovery has been surprisingly strong. ‘The craving for normality has prevailed’, says the BIS Annual Economic Report
BUSINESS
The priority now must be vaccination, not a fiscal stimulus
Government support by way of credit guarantees and food and fertiliser subsidies is the right policy, till the masses are vaccinated
BUSINESS
Moneycontrol Pro Weekender | Ricardo, Marx, Keynes and stocks
Apart from being renowned personalities, what is common among Ricardo, Marx and Keynes? They made a fortune by investing in stocks
BUSINESS
The impact of the first wave of the pandemic on household finances
Paradoxically, household financial liabilities as a percentage of financial assets has gone down in 2020
BUSINESS
Has China shifted from exporting deflation to exporting inflation instead?
The US import price index for shipments from China has risen sharply in the past few months
BUSINESS
GuruSpeak: John Maynard Keynes -- path-breaking economist, smart investor, swashbuckling speculator
Over the course of his life, Keynes changed course from speculating in the currency and commodity markets to investing in equities. He altered his strategy from a top-down macro approach to bottom-up stock picking, with stellar results. His art collection too gave good returns
BUSINESS
If demand has been hit, as MPC says, how can companies pass on higher costs?
The MPC says that demand has been affected by the second wave while supply has proved resilient. But shouldn’t that lead to lower prices?
BUSINESS
RBI report says second wave caused Rs 2 trillion hit to economy and defends quote fests
The State of the Economy report says the Indian economy will not only bounce back from the pandemic but will unshackle itself from pre-existing cyclical and structural hindrances
