An NBER research paper has compared the Chinese housing bubble to the Japanese one of the late eighties
The debate over whether the US debt ceiling needs to be raised will revive pernicious fears about fiscal deficits
What has made the need more urgent is the disturbing news that Beijing has signed a new nuclear pact with its all-weather friend, Pakistan
Approach to compensation cess, fuel tax underscores the need for GST panel to change stance and focus on structural issues
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: All-out war on NPAs, state of the economy, Weekly Tactical, the disinvestment clock, why Zomato should spill the beans, rate hike pot boils and more
The PLI scheme reflects the faith of the government in India’s budding drone industry whose annual sales turnover is expected to register a seven-fold growth in the next couple of years
The answer to that depends on learning from global lessons in this respect. For instance, political will and consensus is one crucial ingredient for success
When the revival is marked with oscillations and bumps, and its path is less of a smooth and continuous affair, securing it firmly is easier in theory than in practice
The internal forecast is likely to intensify debate about how quickly major central banks will reverse the massive stimulus to counter the pandemic
The listed start-up has an obligation to its investors to communicate transparently on the exit of a senior executive and the shutdown of multiple businesses
Ample liquidity, low interest rates and buoyant markets make this the right time to privatise public sector assets and further delays could hurt the outcome and benefits to the exchequer
Government can refer to Deloitte report that outlines strategies to draw foreign investment and help in gross capital formation
Report cites comparatively tepid growth, contained inflation and low proportion of fully vaccinated population as factors calling for accommodative monetary policy
Plugging the long-standing gap between policy intent and action, the government has displayed a firm resolve to expedite the recovery process of the banking sector
The larger issue now is the efficacy of the NARCL and its ability to resolve assets. So far, there is no convincing record of effective resolution, and none of the parameters and timetables under regulations have performed
In today’s edition of Moneycontrol Pro Panorama: Reforms and Voda, the economic firefight, GST Council has a daunting job, investor woes for Unilever, the ‘S’ in ESG and more
Free market forces are better at determining if tax savings will be passed on to consumers or retained in the business. The CCI anyway exists to curb monopolies
Investor confidence has taken a hit by the CEO’s penchant for purpose rather than profit, along with a badly botched-up sales warning
The challenges before the government are multi-fold, and so are the opportunities. A successful resolution of these could trigger a virtuous cycle of growth, and catapult the economy to the higher orbit
While the Dravidian parties are playing to the gallery on the NEET issue, the BJP will have to go the extra mile to stand its ground on what is clearly an emotive issue in Tamil Nadu
The measures will help the country improve its digital footprint will help companies roll out their 5G infrastructure
Thermal power sector utilisation levels increased to 59 percent in August on a 21 percent rise in electricity generation. But long term outlook depends on discom reforms
The overarching principle of the auto PLI is to support innovation and new auto technologies, where India needs to compete against countries such as Taiwan and China
Critics accuse Powell of being too soft as a regulator of banks and other financial institutions and insufficiently committed to the cause of climate change
