The government’s premise that debt funds are similar to fixed deposits in terms of returns is misplaced since bonds carry credit and interest rate risks
Shocks, uncertainty and contagion being inevitable, the only ‘solution’ to recurrent crises could lie with central banks
Quota rejigs have been tried by political parties often to woo a section of voters based on caste. But the courts have squashed the benefits, a key reason why Bommai government wants the Centre to place its proposed changes in the ninth schedule
Rajasthan’s Right to Health law mandating private hospitals to provide free emergency care has irked private medical practitioners who doubt government’s commitment to reimburse costs. But for citizens dreading medical expenses bankrupting them, the state covering for emergencies is a welcome safety net
Past declines have been about unwinding excesses in investment, hiring or construction. This one is about unwinding excessive belief in low interest rates
Life got a little too exciting at Credit Suisse
While India continues to ban key agricultural futures contracts, labelling them as a villain in food inflation, Indonesia has been planning to encourage the domestic futures market to channelise local supplies and exports of Crude Palm Oil (CPO)
From a policy perspective, we need to move on from strategic storage to even out supplies for the healthy development of the food processing sector. For the fast-growing food processing sector, warehousing helps even out seasonal commodity flows and hence their raw material costs
Financial stability and economic expansion are fundamentally at odds. Finding the middle ground is important. Learning to manage financial collapses might be more productive than trying to prevent them outright
No country offers a starker warning about the perils of betting on raw materials to fund a path out of poverty. Bolivia has had other commodity booms in the past but it remains the poorest country in South America
There are those who are worried that a blanket guarantee will encourage risk taking. But it's becoming clear that any solution to the current crisis needs to include legislation providing comprehensive insurance to all retail banking deposits in the US
The euphoria in financial markets that accompanied Cyril Ramaphosa's election victory in 2018 failed to account for the corruption and theft that have become the nation’s dominant post-apartheid leitmotifs
The effort to repopulate downtown Manhattan has been a big success, but not for everyone
In today’s edition of Moneycontrol Pro Panorama: Fall in oil prices add to short position, vibrant domestic auto market brings cheer, Indonesia key to counter China, Andhra set for Jagan-Naidu face-off in 2024, and more
Take any recent election manifesto and notice how the promises made to women voters are the most eye-catching. The reason for this is two big transformations in Indian elections over the last decade: Women voters outperforming males in turnout and more women taking independent voting decisions
The BCG Cities of Choice report’s findings have some important takeaways for a rapidly urbanising India which is planning to accommodate almost half its population in the next decade or so in towns and cities
In spite of a slowdown in global markets, a vibrant domestic auto market outlook along with moderating costs and easing supply chain pressures has brought cheer to auto component makers
Debt mutual funds were one of the main sources of funding for NBFCs and lower inflows due to the tax regime could pose a risk
The view that what has gone wrong with our economies in the past few decades is mainly loose monetary policy is a cop out
Oil prices have fallen below the $65 a barrel mark, a level at which oil producers have hedged their production by buying put options
Powerful AI makes intelligence, broadly construed, more abundant. That will be good for productivity overall, but other factors that keep an economy running will become relatively more scarce
The increase in mental health hospitalisations in the US is happening across the board, regardless of a child’s race, socioeconomic status, or location. Girls experienced a much sharper rise in hospitalisations than boys
The dollar looks likely to suffer an extended bout of weakness amid doubts about how much higher the Federal Reserve will raise US interest rates as it has second thoughts on the likelihood of a recession
Regulators and governments have staved off a wider contagion. However, systemic fragility is very much evident
Indonesia carefully balances its handshakes, cultivating China, staying on the right side of the US, and carefully cultivating both India and Australia