The RBI survey’s Future Expectations Index for November 2022 is higher than its level in November 2019
One particular concern flagged by the monetary policy statement is the persistence of core inflation around 6%, making it now the main risk to the inflation trajectory
Use of front persons is extremely common in insider dealing, front running, frauds, etc. in securities markets. The question, however, is whether such front persons, aka mules, should be held liable in the same manner and extent as the mastermind who profits the most
There are lessons for India in the battle for control of high-end chips being fought currently between the US and China
Business software companies warn about demand slowdown. With demand for devices weakening, analysts fear IT services spending will be hit next
The lower quantum of the hike seems like a prudent decision that balances the growth and inflation risks, making the monetary policy stance neither hawkish, nor dovish
The results of the MCD election have opened new political doors in the capital. This is a significant responsibility for Kejriwal, and the public will closely monitor the pledges made by AAP
The policy rate hike of 35 bps augurs well for the Indian Rupee. The forex market participants have interpreted the policy as slightly hawkish, and there was some dollar selling by the exporters after the announcement
In today’s edition of Moneycontrol Pro Panorama: US government reels under high interest rates, China woos the Middle East, DESH Bill a missed investment chance, geopolitics dictate companies' investment plans, and more
Can the country’s industrial economy reinvent itself for an era without cheap gas from Russia?
Policy statement tone is more hawkish than what markets expected
Dumping by foreign manufacturers hurts domestic steel makers in the short term, but measures such as minimum import prices distort the market
China is wooing the countries in the Middle East in the hope of leading an anti-US power bloc and also obtaining their support in case there is a war in Taiwan. India needs to worry if Chinese President Xi Jinping manages to attract Arab investments in China Pakistan Economic Corridor
Inter-ministerial differences over the proposed legislation should be resolved quickly to ensure that India does not miss on the China-plus opportunity
Can governments, which have been borrowing to pay their bills, running fiscal and trade deficits in an era of easy money, pay their bills when the easy money doors are slammed shut and higher interest rates raise the costs to service that debt?
Friend-shoring now seeks to secure a partnership model that covers those nation-states that share more than the US’ or EU’s view of open markets, labour, and environmental standards
In today’s edition of Moneycontrol Pro Panorama: All is not well with Nifty, OPEC’s decision explained, core inflation a sore spot for markets, unsettling times in Twitter, and more
India must push the G20 to take pre-emptive action, rather than just react, by prioritising two key challenges confronting much of the Global South. It must address growing debt burdens, and prioritise financial and technical assistance to build viable social security systems
It is time that cybersecurity gets a more prominent feature in the core initiatives of the G20, particularly when efforts to create a rules-based order in cyberspace have had limited success
Free-spending governments are being punished if they don’t abandon unorthodox policy
The FAO food price index was only marginally higher in November compared to a year ago. The trend appears to be flat at the moment, but a high base effect will see it decline over a year ago in early 2023
Twitter is going through an unsettling time, but Musk has a track record for turning organisations around
The November PMI says output prices across the private sector rose at the fastest pace in three months, as an acceleration in the service economy more than offset the slowdown seen among goods producers
The advance-decline data show that more stocks are falling while the benchmark index Nifty50 continues to rise
The impact on inflation of monetary tightening will be lower if policy is tightened together in many economies