The gap in the K-shaped recovery in consumption is narrowing even as real consumption growth is on the upward trajectory
The ratio is close to highs scaled in December 2007 just prior to the unfolding of the Global Financial Crisis
Looking at RBI’s growth-inflation projections and a theoretical construct of a real interest rate of 1.4-1.9 percentage points, there’s room for up to a full percentage point rate cut in the current cycle
In this Pro Panorama edition: December rate cut talk, financier's woes, BJP stands tall and much more
Whether a rate cut would be seen in December or later depends on how much inflation comes down
MPC has given relative significance to global headwinds and uncertainties. Therefore, a sudden reduction in rates is not feasible when inflation expectations are elevated. The catch, however, is high rates complicate public debt management
It came down to the brass tacks, ticket distribution, booth management, door-to-door campaign etc. BJP’s promise to raise income cap to determine creamy layer of OBCs from Rs 6 lakh to Rs 8 lakh helped. Bringing the strands together in a coherent ground campaign were the karyakartas
The change in stance to neutral opens the door for a potential rate cut in the December 2024 meeting. If two macro indicators play a supportive role, they could tilt the balance in favour of a rate cut
Inflation is now more of a lean horse than a stubbornly heavy elephant. Bringing it under control is still no easy task
A world where the tech giant gets dismantled is more plausible than it was, but investors have reason to be unfazed
Apart from supply issues at JLR, global car demand is slowing even as Tata Motors is faced with moderation in CV and PV sales in the domestic market
China’s markets are shedding recent gains after stimulus measures post-holidays failed to meet inflated expectations. Unless a substantial fiscal stimulus is announced, markets are unlikely to sustain gains
The RBI's 2024 Committee on MIBOR highlights concentration risks in India's IRD market, recommending a shift towards a Secured Overnight Repo Rate (SORR) based on actual transactions, and wider participation in the IRD market. These reforms aim to enhance liquidity and market diversity
The BJP may get back its mojo after the Haryana elections, giving it a perception edge as Maharashtra and Jharkhand head for elections. While the National Conference and Congress scored a win in J&K, there is much for the Congress to learn from BJP's execution skills
Vegetable prices are a decisive factor in determining inflation trends at this point. There are early signs of food inflation easing but it is too early to say for sure. The MPC should be more worried about vegetable prices now than the Israel-Iran skirmish
Haryana’s outcome show that people can still trust a political leadership that disappointed earlier, provided it promises something better. India’s political leadership should read that as a chance to revive farm reforms. States retain their specificities that make local the decisive factor. J&K’s results prove that
RBI’s shift to monetary easing could begin on October 9 through signalling on liquidity followed by an interest rate cut in December. Both domestic factors and easing by major central banks indicate RBI will follow suit through gradual moves, but geopolitics remains the unknown variable
As of now, no-landing talk comes in measured tones and with plenty of qualifications
RSSFACTS: RSS celebrates its centenary this Vijaydashami, having grown from a small group of 15-20 volunteers in 1925 to the world's largest voluntary organisation. The RSS continues to influence India’s socio-political landscape through its ideological and organisational strength
Generative AI's growth is transforming industries, but engineers must prioritise human-centred design. By addressing biases, ensuring data security, and promoting transparency, AI can complement human creativity, ethics, and empathy, fostering collaboration thats beneficial for other sectors too
A sudden change in Beijing’s rhetoric spurred a surge in Chinese stocks. The question is, can it last?
Net earnings of Nifty 50 companies are projected to rise by 2-4 percent in Q2 FY25
India’s legal aid system remains underfunded and inefficient. Only 1% of eligible individuals access free legal aid, with poor quality and low pay for lawyers contributing to the system's failures, leaving many without proper representation
Banks cannot have NBFC subsidiaries that are in the same business as the parent
China’s geopolitical calculus for the wider Middle East, including Iran, is about mutually advantageous economic interests that deeply intertwine with Beijing’s political power calculations across the Global South
