It is likely that the Indian economy might grow at less than 5 percent for the next four quarters. This will be the period that may see a very high decibel drama in the global theatre.
In today’s edition of Moneycontrol Pro Panorama: India to quality check its imported goods, collegium issue a bone of contention, fissures in US-EU unity, India needs specific agenda for Global South at G20, and more
The sensible thing for India to do is to keep buying Russian crude, set up a BRICS Re to offer reinsurance to those who insure the safe passage of Russian crude without price caps to wherever it is welcome, and to keep engaging both sides in the Ukraine war
Investors are keeping a close eye on areas ranging from US Treasury market illiquidity to Japanese government debt
The Pentagon report comments on the China-India border issue where it says that the PLA has sustained “the deployment of forces and continued infrastructure build-up along the LAC”
While the restrictions on UPI apps have been deferred by two years, nothing much would change from the current scenario unless we see another dominating app taking off in payments — the likelihood of that at the current stage looks very difficult
The two need to find a middle ground so that judicial appointments are made in time and justice is delivered in time
Focus on quality is good if it doesn’t become a non-tariff tool to stall imports, especially from one particular nation; R&D spending must go up to make Indian products globally competitive
India’s G20 presidency still has to come out with a specific long-term agenda for the Global South
The US is facing increasing resistance to its energy and other policies from Europe. France has mooted the idea of offering special subsidies to European companies to counter a similar move by the US. In the emerging scenario, the western will to counter China is weakened
The increase in bank loans to large industrial firms amounted to more than a fifth of the rise in total non-food credit outstanding between August and October 2022
While the global manufacturing decline is likely to get worse with new orders decreasing, in India new orders show strong growth
The MPC faces a tough choice between staying the course and pausing a bit to take stock and then making the next move
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
In today’s edition of Moneycontrol Pro Panorama: China unrest is bad news for Xi Jinping, Jet Airways' future looks cloudy, fuel prices and politics do not mix, all that glitters is gold, and more
Volatility in prices has taken the sheen off the metal as a safe-haven asset — though the rich still like their jewellery
To understand the ongoing protests in China, it is necessary to remember that change has been the only constant in that country in the last seven decades
The Union Law Minister forgets that it was his own government which nixed a plan to make the process of appointment of judges more transparent
Well intended they may be but harsh company law provisions disqualify directors for five years if their company has incurred certain financial defaults. It’s no surprise that directors jump ship at such companies, worsening their problems
Investors should do what the US Fed is doing, wait and watch and let the evolving situation be a guide. Right now, it’s saying play safe
The CPC’s self-governance model has not adequately reflected the ‘people’s interests’, but prioritised maintaining ‘political stability’ at all costs for regime survival and continuity
Fuel prices and politics do not mix well together. Free and market-determined pricing sounds good but is difficult to implement.
With rising global inflation, threat of pause as interest rates rise across the world, a national budget can do little to manage domestic public finances. The one outcome it can deliver is to ensure domestic growth continues
China’s bid to create a cadre of trained 'integrity inspectors' has interesting lessons for India
Unless the retail digital rupee achieves critical mass, it will have limited impact on the monetary and financial systems, payments infrastructure, and welfare policies of the country