G20 Summit — Hopes & doubts are evenly balanced for now
The possibility of a joint communique remains uncertain as the Ukraine conflict continues to come in the way of a consensus
The Eastern Window: Why so many countries are losing faith in the dollar
Political leaders controlling five different currencies are trying to not just reduce their reliance on the US dollar but also look for alternative trading mechanisms. It may not be easy to shake off the dollar’s dominance both as trading and reserve currency. But determined and strongly motivated efforts are being made to dislodge it
In The Money | Deploy the ‘Call Ratio Back Spread’ for the big moves
When the market makes a big move in your trade’s favour, this spread strategy helps you reap more gains and even if it moves against you will pocket some gains
Key takeaways from INDIA’s Mumbai meeting
Ultimately, the fate of the opposition alliance will depend on the challenge that the Congress Party can mount and how it performs in the seats in which it directly confronts the BJP
Bank credit growth has slowed, but there’s no reason to worry
While growth in bank credit outstanding has slowed this year compared to 2022, it’s still well above growth during the pre-pandemic initial months of FY20 and FY19
How has the Indian economy's structure changed in the last decade?
While share of agriculture in the economy has shrunk, that hasn’t led to an increase of share for manufacturing. The big beneficiary has been the ‘financial services, real estate and professional services’ sector
High demand for MGNREGA work: What does it signal about job growth?
The number of households demanding work under the rural employment guarantee scheme is higher than in 2022 and even in pre-pandemic 2019
Privileging the hypothesis: Are we staring at an extended phase of subdued market returns?
While India's long-term potential is undeniable, widespread bullishness suggests that once the current exuberance subsides, we may experience an extended phase of subdued overall market returns, despite the country's fundamental strength
Moneycontrol Pro Weekender | Don’t worry, be happy
No doubt there are challenges on the horizon, but the Indian economy on a relative basis is shining
Even in the age of Tesla, European gasoline demand is booming
Consumer behavior shows a collision of old and new trends that may keep fuel consumption surging for a while
Ozempic cuts alcohol cravings. Liquor companies aren’t ready
GLP1 drugs are poised to reshape the weight-loss market and US waistlines. There are implications for booze companies, too
The Reading List: September 1, 2023
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
India needs to weigh its options in Bangladesh
Supporting friendly nations is necessary. However, it is time Delhi must question the unstinted support to a hugely unpopular Bangladeshi leadership, which has been in power for 15 years
Moneycontrol Pro Panorama | Pharma investors should not ignore risks in US market
In today's edition of Moneycontrol Pro Panorama: Strong services sector growth highlights momentum, how to make sense of the Q1 GDP data, interest rates are impacting loan offtake, a flux F&O market affects trading, and more
Climate engineering: a quick fix or a risky distraction?
Advocates say reflecting solar radiation back into space can help cool a warming planet but opponents fear a devastating free-for-all
Katchatheevu: An unacknowledged Achilles’ heel of Indian (and Lankan) nationalism
Irritants like the ill-treatment of Tamil Nadu fishermen by the Lankan navy and the Lankans allowing China a foothold in the vicinity are now running into India’s growing geopolitical heft and the Indian government questioning its predecessor’s cession of Katchatheevu in the 1970s
To lift the US economy Bidenomics needs to change
Bidenomics believes that the guiding hand of government is indispensable. In confronting challenges such as climate change, sluggish productivity growth and rising inequality, the government’s strategic role is indeed crucial — but its capacity for effective micro-management is far more limited than the president seems to think
UBS’s biggest win? Escaping Credit Suisse’s stigma
UBS's second-quarter results should leave shareholders very happy. Headline net profit was $29 billion for the three-month period, ensueing UBS has more than enough capital for its enlarged balance sheet, and the bank also reported strong wealth management inflows and a decent performance in investment banking
Q1 GDP: Mildly disappointing growth print
Looking ahead, we are certain that the YoY growth figures are going to lose steam as the year progresses, on account of a below-normal monsoon outturn, narrowing differentials with year-ago commodity prices, and a possible slowdown in momentum of government capex as we approach the Parliamentary elections
Earthquakes: Tokyo has lived on the brink of the ‘Big One’ – for a century
Tokyo has constantly upped its act since the devastating 1923 quake. Its fully automated early earthquake warning system is a technological marvel, which detects the fast-moving P-waves from earthquakes and issues alerts to mobile phones, operating theaters and trains before the more damaging S-waves hit
US should use chip leadership to enforce AI standards, Deep Mind co-founder says
Mustafa Suleyman says sales of Nvidia chips that dominate artificial intelligence should be tied to safe use pledges
A capitalist fix for China's economic problems
Tackling the current slowdown calls for action on multiple fronts. Two-thirds of Chinese citizens already live in towns. Supply-driven expansion of towns and dwellings will no longer work as it used to. China needs reliable financial products, not an endless supply of additional housing, to serve as saving vehicles
Jan Dhan scheme — Add more thrill to no-frills accounts
The PMJDY has played a pivotal role in the digital drive to formalise the economy and there is room to fine-tune the scheme further
India’s F&O market is in a state of flux, how it will affect trading
Changes to lot sizes, expiry cycles all signal a seismic shift underway in derivatives trading that can affect trading outcomes. What should traders do?
Chart of the Day: Lending rates and the transmission of pain
Tell-tale signs of interest rates impacting loan offtake are beginning to show, with credit growth slowing in August.
