The IMF has revised its growth forecasts for China upwards and fund managers are singing a positive tune. The big question is if it will play out as forecast
The number of people declaring Rs 10 lakh-plus annual income has grown nearly fourfold in the past 10 years. While inflation could explain part of this rise in income levels, and a part by more toning of the tax administration nudging people towards more income disclosures, a substantial part of this 93.7 million taxpayer base is a reasonable proxy of growing formalisation, rising incomes, and better affordability that have turned yesterday’s luxuries into today’s necessities
The former Federal Reserve economist on talk of a recession, the battle to tame inflation and the difficulties of forecasting
Demand and supply is what drives share price. A surge in supply is anticipated in the coming months as the lock-in period expires on pre-IPO shareholding in as many as 44 companies
The reluctance of workers to return to offices — particularly in the US — has created a surfeit of downtown commercial property. But demand for hybrid working is stronger than ever, which opens possibilities for WeWork that has pared down debt. Rival IWG reported a 7% increase in quarterly revenue and falling net debt
For some, it is a sign from the Oracle of Omaha himself that a global recession was near. For others, it suggested that the eminent 93-year-old investor had lost his knack for finding deals. In reality, it’s just Buffett being Buffett, exhibiting his usual restraint in a market without many bargains
A highly accurate recession indicator, the Sahm Rule, based on the unemployment rate isn't being able to detect the start of a downturn in the US tthis time. The rising supply of workers that has happened post-pandemic is good for the rebalancing of the labour market, even if it shows up initially in somewhat higher unemployment rates
Tailwinds from robust demand for luxury cars, easing chip and other supply constraints and, a stellar order book build optimism for higher margins
A recent viral deepfake video should serve as a warning to governments, technologists and the society at large on the scale of the menace that is just beginning to unfold. The democratisation of technology has lowered the barrier for entry into the realm of deepfake creation for everyone from mischievous hobbyists to cybercriminals
The co-lending approach ensures liquidity certainty for NBFCs, diversification opportunities for banks, and, most importantly, lower customer borrowing costs, thus enhancing financial inclusion
To expect Gazans to rise up against Hamas is to require them to risk their lives and livelihoods, to face down a terrorist group that has repeatedly demonstrated willingness to slaughter Palestinians as well as Israelis. All Gazans can expect from the wider world is qualified sympathy — and unreasonable expectations
In general, corporate nannies are doing the right thing, using their corporate muscles to address pressing problems and nudging their employees to behave more sensibly. They may give in to the temptation to go too far and force us to do unacceptable things — but if they do, we can always resign and work for someone else
The analytical framework of the 16th Finance Commission will be 'beyond GDP', by integrating human development variables. Will it also apply a 'gender lens' in the inter-governmental fiscal transfer framework within the terms of reference?
In today's edition of Moneycontrol Pro Panorama: Investors pour in for REITs and InvITs, rooftop power solar energy sale needs a boost, gap between job growth and working age population lowers, Mizoram poll campaign an example for all, and more
Delhi-NCR's air quality problems are a complicated issue with many underlying causes. Nevertheless, it is a problem that may be solved with a combination of technical advancements, citizen participation, efficient legislation, and knowledge gained from successful international models
The meeting will take place at the Delhi Secretariat at 12:30 pm, officials said.
Under pressure after a string of damning polls, the US president is resting his hopes for re-election on his personal economic blueprint
A bank leader need not be glamorous to shape a well-run and profitable bank
Renewable Power Obligation includes a “distributed renewable energy” segment, making it mandatory for discoms to source roof-top solar power
Splitting bets among hybrids, hydrogen, current battery EVs and solid-state technology seems pragmatic for Toyota CEO Koji Sato. It’s unclear which of these solutions will unlock Toyota’s alternative-energy future. But it also risks stretching the carmaker thin, especially when the success of any of these strategies isn't certain
A move toward integrating disparate apps so that one day a single QR will work anywhere in the world should lead to a vast open loop in which even the smallest of businesses can go cashless and accept funds from any customer, local or foreign
From investments of only Rs 734 crore as on March 31, 2020, the instruments have managed to raise Rs 18,658 crore between April and September in the current fiscal
Average monthly transacting customers on the food delivery platform rose sequentially for the second consecutive quarter
South Korea’s move to ban short-selling is a familiar strategy of regulators to curb market declines but history shows it’s a counter-productive move
A Niti Aayog document says, ‘’Despite the large public expenditure, gains in the food security and nutritional outcomes in India have been slow. India accounts for roughly 30 percent of the global burden of hunger.’’
