In today’s edition of Moneycontrol Pro Panorama: How Jackson Hole moved the needle, Supertech tower bites the dust, hard debt lessons for Indian states, a peaking dollar, ONGC’s sticky issues, Congress in a state of churn, China blinks in chip tussle and more
The currency may look strong but its weaknesses are mounting
The demolition is a victory of aggrieved consumers fighting for justice, it is a blow to the authority-developer nexus, a triumph of advanced engineering, and the pre-eminence of the judicial system
The central banker missed an opportunity to regain control of the Federal Reserve’s policy narrative
A continuing inability to find fresh oil acreage and the high cost of development at existing well heads, some of which have been lying dormant for years, have dimmed the prospects of the public sector behemoth
Jerome Powell’s comment on the three policy lessons from the past means that the US Fed will have to continue to keep interest rates high to fight inflation
A new nuclear deal with Iran could be the chance for the Arab nations to form a regional response of their own without relying on the US
Punjab spends 21.3 percent of its revenues on interest payments, Tamil Nadu 21 percent, West Bengal 20.8 percent, and Haryana 20.9 percent
Chip-making aspirants shouldn’t be kept waiting; the government should decide fast how to build on its policy initiative to make India a key player in the semiconductor ecosystem
In a rare move, China has entered into a compromise agreement allowing American regulators to examine the books of Chinese companies listed in the US. But it is also taking steps to reduce its corporate dependence on Wall Street
The decline in the Congress has been going on for decades. There are many reasons, but dynasty culture and the lack of connect with the grassroots social forces are the main ones
BIS general manager says the global economy may be approaching ‘what in aviation is called a “coffin corner”, the delicate spot when an aircraft slows to below its stall speed and cannot generate enough lift to maintain its altitude’
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
What is it about ‘The Lord of the Rings’ that inspires such fannish devotion — and such huge investments?
In today’s edition of Moneycontrol Pro Panorama: Template for investment, stock with big fizz, IT’s hurting, monsoon pitch report, debt investor’s to-do list and more
The reality is that illegal migration and refugee exodus the world over are there to stay. They cannot be wished away by speeches in parliaments. Otherwise, the office of the UNHCR would have been disbanded long ago
The Fed’s travails over inflation show that narrative matters at least as much as models
The index was typically up 0.5% after five days; 0.1% after 20 days; and 4.5% by the end of the year, counting from the day of the speech. In other words, the typical moves are less than one standard deviation, and there isn’t a whole lot of dispersion around the mean. The chair’s speech is generally no big deal.
A sectoral analysis helps make more sense of a market that’s unable to make up its mind on where to go. The near term looks volatile even as the longer term picture remains bright
Beijing is jammed between subpar growth and risk aversion. Incrementalism has a price, for China and the world
While the Supreme Court did everything right (ordering an illegal construction to be demolished, and protecting the interest of the homebuyers throughout), the inordinate delay in hearing the case has made much of it meaningless
The new Congress chief will have to work on a strategy to maintain the party’s position as one of the two important poles in national politics
Lack of brand differentiation means companies will have to compete on price and domestic producers can be at disadvantage in certain situations
What will make a difference is taking affordable healthcare of minimum quality to people who live in remote areas and for whom going to a proper hospital means foregoing a day’s wages
While globally port management is being decentralised, the Union government can hardly swim against the tide as this will hurt the sector’s growth