The very strong case for Bidenomics
There’s a widespread perception that Republicans are better than Democrats at managing the economy. But that’s not at all what the record says
India of our dreams, and of our nightmares
The burden of societal injustices will weigh on the collective consciousness of the nation and become the dead weight that stifles India’s growth — both as a vibrant democracy and as a roaring economy
The Reading List: October 2, 2020
A selection of articles and social media gems from the world of economy, business and finance
Self-reliant economies need MNCs as much as local champions
A truly self-reliant economy is one in which home-grown companies compete with the best in the world and come out on top
As the election looms, investors see uncertainty. They don’t like it
This time around, the tensions in the US election are so high and the possible outcomes so muddy that many investors don’t know what to base their buying and selling decisions on
US elections and its impact on India-Russia ties
India’s efforts to preserve the primacy of its partnership with Russia would be made much easier should Russia pay more heed to certain Indian concerns that are distinct from Washington’s
RBI should put depositor interests first at Lakshmi Vilas Bank
Regulator needs to restore depositor trust, introspect on overhaul of its supervision system
PMI: Manufacturing sector bounced back smartly in September
Business optimism in manufacturing is the highest in over four years
Chart of the Day: Central government running out of fiscal space
The Centre has continued spending in spite of a steep fall in revenues. But spending fell in August. The solution is to open up the economy completely
JSW’s renewable energy thrust should be driven by returns, not ESG compliance
New wind energy project gives a leg-up to JSW Energy's renewable energy ambitions. Execution and final cost will determine project returns
Chart of the Day | Which sectors saw an increase in bank loans in July and August?
Trade, housing, agriculture and personal loans have done well
Why US presidential debates have lost their sting
There are multiple factors why the US presidential debates have lost their importance. The most significant is certainly that we now live in the age of social media
The farm reforms are an attempt to integrate agriculture with Indian capitalism
In the context of farm reforms, we could learn from the Chinese experience, where contract farming has flourished
How coal-loving Australia became the leader in rooftop solar
Most Australians who have embraced solar do not appear to have done so for altruistic reasons like wanting to fight climate change. Many are responding to incentives offered by state governments
Even as Americans grew richer, inequality persisted
Employment remains sharply depressed compared with before the pandemic, leaving many households in a more precarious position
Labour reforms increase ease of doing business while protecting India’s workers
The recent labour reforms are one of the most important policy decisions of the NDA government with the potential to impact millions of organised and unorganised workers across the country while also ensuring that India has a competitive edge where industry and commerce is concerned
Trump-Biden Debates | First round goes to chaos
Expect the chaos and bitterness to continue in the weeks ahead. There’ll be growing anxiety in the United States and elsewhere about how the post-election process plays out. This could create some uncertainties for both the US and global economy
Chart of the Day: Steel output rises for the first time post-COVID
The situation continues to be dire for the global steel industry, but output is gradually returning in some markets even as China continues its forward march
BPCL – a special occasion play
BPCL’s divestment is now at a critical juncture. September 30, 2020 (today) is the last date for submission of the initial expression of interest
With debt receding, all eyes on air traffic recovery at GMR Infrastructure
With stake sales bringing down its corporate debt, GMR is now a play on the resumption of air travel
The big 5G question before India
A final decision on allowing Huawei to build India’s 5G networks remains an open one. The government’s position on Huawei has changed from initial divergence to pronounced caution. The government’s changed position is reflected in how it is viewing the issue with a security lens now
Interview | Cash tap to remain open till growth returns, says Nilesh Shah
It is hard to time your actions to perfection but with disciplined investing, you can move along the right direction: Kotak AMC MD
Does Donald Trump need a bailout?
Even Trump’s natural affinity for autocrats doesn’t explain why Putin is one of the few men on Earth whom the president of the United States treats as his better
Trump’s debt, his future and ours
Voters often seem to believe that effective business leaders have the skills and knowledge to lead the nation as a whole. They’re wrong about that
