Asia’s GDP is expected to expand in nominal terms from $33tn in 2021 to $39tn in 2023, exceeding the $34tn for the Americas and $26tn for Europe
An urban job scheme is seen as a ‘safety-net’, and is intended to help the urban poor, but it needs to be thought of, and approached differently vis-a-vis the rural employment scheme (MNREGA)
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The Economic Survey is upbeat on consumption and investment rising. It has projected FY2022-23 GDP growth at 8-8.5 percent
The face-off will be between Russia, and the US and EU combined. Any of the many options on the table are likely to have global ramifications. There’s little India can do now, other than brace for a rough ride ahead
The ambition of going national is natural, but the Trinamool Congress will have to address the signs of discontent from the early days itself, because West Bengal is still the TMC’s nucleus
Now that India’s private industry clearly needs a hand to hold, the country’s very own ‘New Deal Moment’ has arrived, and the government must not shy away from firing all cylinders to safeguard India’s economic potential
Consumer price inflation is running at its highest level for more than two decades in the world’s big industrial economies, particularly in the US
Despite a bounceback, real GDP is hardly 1.3 percent over the 2019-20 number. Rural demand, jobs and inequality demand attention
How stocks or the market reacts to the news inform us about the impact of the Budget
While the budget may hike outlays, the roads’ sector is hampered by problems on the execution front
Many announcements that used to be important for the market on budget day are now made outside the budget
PMC Bank depositors have been severely wounded financially due to the long wait to get back their money. What’s more, a section of them believes the amalgamation scheme is a pyrrhic victory
The Aatmanirbhar campaign has not helped reduce our reliance on Chinese imports. The Budget should revise the tariff regime to open up trade channels and provide the industry with the goods and materials it needs to grow
Instead of the current opaque budget-making process, India should adopt the far more democratic US system
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
With cleaner balance sheets, and an improved earnings outlook, the banks can also tap capital from market sources as they have done in recent years
Resource-rich, geopolitically-vital Central Asia has many suitors. Even if half of the vision in speeches delivered at India’s first summit with the region fructifies, India can be a favourite among these suitors
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Air India must succeed and soar, and regain its lost glory. It will be good for the customers, the employees, the economy, and India. But before that it must find a way to merge all the three airlines
The Budget should be cautious in not overspending on populist measures such as direct transfers, subsidies, and other sops ahead of the elections.
The twisted tale of the battle between Norway’s AutoStore and the UK's Ocado
The difference between the smartest investor who bets at the lowest point for 25 years and one who invests at the worst possible time for the same period is not much. The average investor has returns pretty close to the best investor
The IMF’s World Economic Outlook Update enumerates several risks for emerging markets as a consequence of tightening by the US Fed
The first hint of direction comes as the speech comes to an end and savvy traders and investors take a position based on their interpretation