With less than one percent of the US population, Indian-Americans have started punching well above their weight. That heft comes from the realisation that just photo-ops and fund-raising for others was doing little to raise the community’s profile
The Republican National Convention 2020 was about re-energising the old faithful, the White Conservative Christians, who fear that the US is becoming too progressive and too diverse, and who helped Trump win in 2016
China’s steel output continues to outperform other countries. While other steel producers may benefit in the near term, the long term may play out differently.
The GDP numbers for the June 2020 quarter will be released on August 31. What should we look for? What are the long-term trends?
Private banks typically charged a higher spread than state-owned banks
The issue, if it goes through, will make it the biggest primary market offering ever, beating Saudi Aramco’s $29 billion IPO
In India, most people in cities live in small apartments shared with large families, making working from home difficult
What the court is really nudging the government to do is not to put the burden on banks but itself pick up the tab of interest waived for the moratorium period
Borrowings can at best be a temporary solution; Centre along with its siblings must explore more durable measures to shore up tax revenues
Trump has been especially worked up by the notion that the United States is paying a disproportionate share of the cost of protecting Europe from Russia while Germany is cutting gas deals with Moscow
It is unclear whether the adjustments Powell and his colleagues make will be enough to deal with the headwinds of the modern economy
Overwhelmed by the dual onslaught of online shopping and COVID-19, malls have abandoned the concept of traditional shopping and are moving towards businesses that are less likely to suffer the offensive of digital commerce and the requirements of social distancing
Now, once the RBI balance sheet expands, the contingency fund will expand as well to protect the balance-sheet. This is like the countercyclical buffer which implies that when the balance sheet is expanding one is also adding to the risk buffers
Fall in borrowing costs has not been uniform
The Assam government needs to do more to check cattle-smuggling which might have reduced in volume now, but is still continuing
COVID-19 has changed patterns of crime and poverty levels, but new research in behavioural science holds valuable insights for redrawing effective policies
India’s original retail king survived several close calls in business in the past. But this time, he may finally lose the Future group, which he has built up over two decades
The report is actually a warning -- unless India is able to considerably raise its growth rate, it risks massive unemployment
Those in favour of a tax cut point to the strong backward linkages of the auto sector that would help in accelerating economic growth
The looming Cold War with China — over trade, technology and global influence — will be fought in Berlin
The restaurant industry is grateful for the rush of customers, but there are concerns about whether a temporary discount can trigger a sustainable recovery
With Uddhav Thackeray appearing to be a strong leader, with the backing of Sharad Pawar, the BJP is shifting its focus on Aaditya Thackeray
SBI is a proxy for the Indian economy. Given the expected deep economic contraction due to the COVID-19 pandemic, it would be a surprise if SBI maintains asset quality and profitability in the coming 12-18 months
Whatever the fates will yield in November, it is clear that US-China relations are not going to get back to what they were before 2018
In the last meeting of the rate setting committee in August, inflation was mentioned 147 times in comparison to 43 times for growth
