BUSINESS
The Reading List: August 11, 2023
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
BUSINESS
Chart of the Day: The message from RBI’s surveys
Consumers are feeling a little put out by the persistent inflation. Indians are still pessimistic about employment prospects and the optimism for one-year ahead prospects have dimmed too
BUSINESS
COD: Record dividends demonstrate Indian managements’ confidence
Dividend payout stood at 44.6 percent or slightly less than 50 percent of the profits distributed by these companies to their shareholders.
BUSINESS
The Reading List: August 4, 2023
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
BUSINESS
Chart of the Day: A rating downgrade brings to light limits to US debt
Global debt surpassed $300 trillion in the first quarter of 2023, according to the Institute of International Finance. Developed nations account more nearly 70 percent of global debt with the US’s share around 10 percent.
BUSINESS
Before the MPC meet, July PMI shows strong economy with muted core inflation
The pace of new orders has been robust, indicating that the growth momentum will last
STOCKS
Chart of the Day: PGCIL’s tender pipeline underscores capex revival in power transmission
After going downhill for the last four years, PGCIL’s capex is set to rev up with focus on renewables
BUSINESS
Chart of the Day : Trouble in commercial realty space
The effect of a slowdown in the global IT sector is visible on the commercial real estate space in India
BUSINESS
India’s services exports come to the rescue, up 3.5 percent in June
Services exports in June 2023, at $27.861 billion, were as high as 84.5 percent of merchandise exports during the month
BUSINESS
What the MGNREGA data for July tells us about rural consumption
Rural consumption is dependent on many factors such as the monsoons, higher real wages, work availability in urban areas and farm incomes. But the continuing high demand for work under MGNREGA indicates distress at the bottom of the rural pyramid
BUSINESS
There's some good news. Credit growth is casting its net wide
The star of the show this fiscal year has been the services sector. Loans outstanding to the services sector showed a growth of a mere 1.8 percent in the first quarter of FY23, compared to 7.7 percent in Q1 of the current fiscal year
BUSINESS
Chart of the Day | Global steel output declines by 1.2 percent sequentially
Second-largest steel producer India’s output rose by 12.9 percent over a year ago even as China’s output rose by 0.4 percent
BUSINESS
The Reading List: July 28, 2023
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
BUSINESS
Chart of the Day: CASA deposits to make banks sweat
Small banks showed a steep fall in CASA ratio while large lenders such as HDFC Bank and ICICI Bank showed a modest reduction
BUSINESS
The Reading List: July 21, 2023
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
BUSINESS
Chart of the Day: Forex loans signal a revival in the capex cycle
The chart reproduced from RBI’s bulletin shows that Indian firms are using more than 60 percent of borrowings to fund expansion, acquisition or investing in capital goods
BUSINESS
Chart of the Day: What the dollar index is foretelling about the market
A reading below 100 has coincided with the bullish phase in most emerging markets.
BUSINESS
Chart of the Day | In Asia, India outranks China on FMCG sales growth but is still not numero uno
India’s urban FMCG market growth was nearly triple that of Asia’s average in Q1 2023
BUSINESS
The Reading List: July 14, 2023
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
BUSINESS
Chart of the Day | Home loan growth could plateau in coming months
One of the reasons for a slump in affordable housing is the sharp rise in interest rates.
BUSINESS
Industry is yet to recover fully from the pandemic blow, just look at IIP numbers
Is the level of consumer staples production really lower than that four years ago, as the IIP data shows?
BUSINESS
Chart of the Day | Global food inflation no threat, domestic trends benign barring a tomato-sized problem
The FAO’s Food price Index fell by 1.4 percent sequentially and is down by a fifth over a year ago, with falling edible prices being the main driver of this decline
BUSINESS
The Reading List: July 7, 2023
A selection of economy, business and finance articles and social media gems curated by our research and opinion teams
BUSINESS
Chart of the Day: Banks walked away from microfinance, will they come back?
One sign of a smart bounceback of microfinance is the fall in the proportion of loans where repayments are overdue beyond 30 days. This has fallen to 2.2 percent by March quarter from as high as 6 percent a year ago
