Traffic volumes are linked to activity in mining, manufacturing and construction, which were not encouraging in the first six months of FY2025
Investors experience mixed results due to the power law distribution in start-up success rates—where a few companies deliver outsized returns while most do not perform as expected
The real wages growth trend do not give confidence about a quick consumption recovery.
Asset quality pressures are expected to stay elevated in credit cards for FY25.
Creating a new a GST slab of 35 percent for some so-called sin goods will only complicate the rate structure. The GST Council however has left itself with no option as it lowered the average GST rate even when governments were under fiscal pressure because of economic shocks. Today, we are left with a system that levies a marginal tax on most of the GST base and compensates with almost punitive rates on a small proportion of the base.
Central banker Christine Lagarde needs to point to a steady unwinding of restrictive interest rates
The short- and long-term prospects of the currency are at odds
RBI’s model is undergirded by two key assumptions. It accurately measures inflation expectations which, in turn, influence wage adjustments. The central bank’s measure of inflation expectations is out of sync with reality, undermining the accuracy of its approach. Keeping rates high anticipating that expectations will rise seems too harsh on growth and employment
Even as consumption growth has slowed down, well-off consumers continue to shop till they drop. Companies and investors have noticed this trend but the possibility of higher tax rates on such goods is a risk to be watched out for
The PMI data for November, which track month-on-month changes, are very upbeat and in marked contrast to the Q2 GDP numbers
Cement prices in November were still nearly 7 per cent below the year-ago period, on an all-India average basis.
What Goyal has done is to simply throw a harsh spotlight on the reality of the Indian job market today, on the power asymmetry between jobseekers and jobgivers
Jeevika ran several capacity-building programs for rural women, which helped them acquire various farm and non-farm-related skills that also increased their managerial abilities.
India’s municipal corporations face severe financial and governance issues, relying heavily on state and central grants. With limited revenue, inadequate staffing, and delayed elections, they struggle to provide essential services. A comprehensive overhaul is needed to empower local governments, ensure fiscal autonomy, and improve service delivery
RBI has been struggling to find the right balance in terms of rate actions. Data suggests growth has taken a hit whenever RBI held rates high for too long
Yen carry trades are back but is another unwinding around the corner?
Crypto's promise of decentralisation has led to centralisation due to technical and human factors. Centralised intermediaries provide security, simplify usage, and help regulators, making centralisation key for mainstream adoption while ensuring consumer protection and governance
The country’s outperformance is rooted in long-term productivity growth that is the envy of the developed world. Could Trump’s policies endanger its lead?
Cracking down on NBFCs disbursing small loans on the grounds they are charging usurious rates only pushes borrowers towards informal markets where rates are higher. Instead of removing barriers towards the flow of credit to the bottom of the pyramid, there are hurdles placed in the name of systemic stability when this risk can be tackled through other means
Over the years, multiple slabs and rate cuts in the name of rationalisation have made the tax structure complicated and hampered collections. It’s time for a change
Peer Air India group is facing longer delays in aircraft deliveries from Boeing.
The RBI now has a ‘growth’ problem rather than an ‘inflation problem’. It cannot ignore the growth slowdown. At the same time, the MPC needs to time the rate cut carefully
NBFCs are risk takers but riskier lending is under the regulatory glare now.
Lowering rates may help consumers and companies but it will hurt savers. If inflation-adjusted returns are not lucrative enough, money will flow into riskier avenues and even out of the country
Jamaat-e-Islami, involved in war crimes during Bangladesh's 1971 Liberation War, continues to influence political discourse. Despite efforts to rebrand as ‘moderate’, its refusal to apologise and links to radical groups raise concerns, challenging Bangladesh’s democratic values and sovereignty
