Economic Recovery

Friedrich Merz, the chancellor-hopeful from the CDU, celebrated his party's victory at their Berlin headquarters, where supporters danced to a video called "Rambo Zambo," created by a German comedian in his honor. Merz, still uncertain about forming a parliamentary majority, thanked his party workers and encouraged a celebratory mood. Meanwhile, German Chancellor Olaf Scholz acknowledged his responsibility for the historic defeat of his Social Democratic Party (SPD) and congratulated Merz and the CDU/CSU for their success in securing the mandate to form the next government. Scholz reaffirmed the SPD's commitment to not cooperating with the extreme right. Coalition negotiations are expected to be complicated, especially due to divisions over migration policies and the handling of the far-right AfD party, which remains highly stigmatized in Germany due to its Nazi past. This political uncertainty could leave Scholz in a caretaker role for an extended period, delaying crucial economic recovery measures for Germany.

RBI December bulletin says growth indicators showing economic recovery

The prospects for agriculture and rural consumption are looking up with brisk expansion of rabi sowing, said the RBI's monthly bulletin on the state of the economy.

Emkay’s Seshadri Sen says 6%+ economic growth needs recovery in mass incomes

Adverse geopolitical outcomes, according to the market observer, pose a major risk though the worst have been digested by markets

Stubborn cash squeeze risks derailing economic recovery

After a surge in recent weeks, the weighted average call rate which Reserve Bank of India closely monitors, has shot above its policy rate ceiling of 6.75%.

China's economic rebound takes off as COVID restrictions cease

The latest National Bureau of Statistics data shows that gross domestic product grew 4.5 percent YoY in the first three months of 2023, faster than the 2.9 percent in the previous quarter

Is the economic recovery running out of steam?

Consumption growth in the December 2022 quarter was a dismal 2.1 percent, which is projected to fall further to 1.5 percent in Q4 

Puzzling economic signals and confused markets

For the Federal Reserve to cut rates over the year, as the market is pricing, you not only need to get inflation down, but you need to have the US labour market to cool off as well. The jobs data point to a US labour market that is strengthening, not weakening

Budget Snapshots: How India’s rebound from the pandemic stacks up against the world

In the IMF’s World Economic Outlook sample of 192 countries, India ranks at 42

Indian economy is in a sweet spot. This is why

Improving credit appetite is causing FD rates to move up, bringing smiles back to savers while GDP growth estimates are looking up. But rising rates pose a risk too

G20 pledges coordinated actions for strong global economic recovery

The G20 Bali Leaders’ Declaration was issued after the conclusion of the two-day summit, which was attended top global leaders.

Pakistan finance minister sees gradual recovery from floods

Monsoon rains, likely made worse by climate change, hammered Pakistan for months starting in mid-June, damaging or washing away 2 million homes.

As K-shaped recovery digs its heels in, the way to tackle it

Supporting economic policies to help small businesses and lower income groups are imperative to make growth broad-based and sustainable

UltraTech Cement's capacity to grow to 159 mtpa post latest round of expansion: Kumar Mangalam Birla

The latest round of expansion will reinforce UltraTech's position as the third largest cement company in the world, outside of China, Kumar Mangalam Birla said.

Moneycontrol Pro Weekender | Hoping for a recession in the West

It could just be what the doctor ordered, as recessionary conditions in the US will cool down oil prices, spelling better times for the Indian economy

Does a declining unemployment rate suggest economic recovery? Look closer

A low income economy (like India) with a large working-age population, and a substantial unorganised sector can witness a combination of higher LFPR and lower unemployment rate because people enter the labour force as employed 

How real is the risk of stagflation in India?

Even if we escape stagflation this time around, there is still a risk of facing high inflation and subdued growth as has been the case for most part of India’s macroeconomic history 

Govt committed to make sure capital expenditure continues to support growth momentum: CEA

On Friday, Chief Economic Advisor V Anantha Nageswaran stated that the government is dedicated to ensuring that capital investment will continue to maintain the economic growth momentum restored following the third COVID-19 wave.

Sri Lankan Cabinet approves several measures to facilitate economic recovery

Sri Lanka is currently facing its worst economic crisis since independence from Britain in 1948.

GDP | Economy in slowdown mode. Monsoon rains critical to quick revival

GDP grew 8.7 percent in 2021-22, but slowed to 4.1 percent in the fourth quarter. This slowdown comes at a time when people are battling persistently high cost of living with growing prices of both essentials and aspirationals 

PM should step down if he can't ensure country's economic recovery, says TMC

TMC national spokesperson Sukhendu Sekhar Ray said the BJP government's slogan Sabka Sath, Sabka Vikas' (Taking along everyone, Development for all) has turned into Sabka Sath, Sabka Sarwanash', (Taking along everyone, debacle for all).

Indian economy may take 12 years to recoup pandemic losses, estimates RBI

The perturbations from repeated waves of COVID-19 have come in the way of sustained recovery and the quarterly trends in GDP essentially followed the ebbs and flows of the pandemic

The implications of India’s top heavy economic recovery

India’s economic recovery has been K-shaped, with the listed corporate sector, central government and rich households doing well while state governments, unlisted corporates and the poor lagging

K shape dominates Indian economy, but there is a way out 

A Motilal Oswal study finds that in the nine-month April-December period of 2021-22, when a broad economic recovery was on, the Centre’s resources “improved tremendously”, even as the states lagged far behind with total resource mobilisation at the lowest level in two decades

Headcount grows in many sectors led by hospitality and energy, but e-commerce, healthcare shrink

While healthcare saw a contraction in headcount by minus 8.3 percent, the e-commerce sector saw a marginal dip of minus 1.5 percent in March 2022 vs March 2021.

As inflation tests RBI, managing expectations may get painful

The RBI governor has taken a soft tone on inflation because he believes it is due to supply-side factors. But they could lead to higher inflationary expectations