Beijing’s poor headline numbers aren’t the only story — and that means investors need to use a new lens to assess the economy
The Bank of America survey of fund managers says while sentiment is still too bearish for an immediate reversal of the rally, they would fade the rally when the S&P goes above 4328
In times of extreme stress in the economy, the sentiments bend the markets towards the point of the economic cycle. But soon enough we see that markets start playing their role of being complex adaptive mechanisms that are forward looking
At the time of Independence, our per capita income was lower than that of Afghanistan, Zambia, Zimbabwe, the Central African Republic, and the Congo. On the other hand, it was higher than that of China and South Korea
Energy substitution, solidarity and conservation can help overcome the effects of a Russian gas embargo
Rate rises and contraction of the Fed’s balance sheet may still pull the rug from under the economy and markets
The reduced targets are not a cop out on COP26. Rather, they are a more realistic evaluation of what the country can actually achieve by 2030, which is just seven and half years away
Managing inflation is more important than worrying over the exchange rate, as high inflation in the domestic economy means that the worth of the rupee is declining
Value stocks look primed to outperform growth stocks if the spread between valuations reverts to its historical mean
Earnings growth likely to be strong for domestic consumption-oriented sectors
In today’s edition of Moneycontrol Pro Panorama: Track the market bottom, Mindtree ups its game, more sparkle for this jeweller, chequered history of bitcoin, and more
There is a peculiar problem of concentration that is emerging in the UPI ecosystem. Walmart-owned PhonePe and Google’s GPay currently dominate the market of third-party UPI apps
Oil prices remain volatile. To hit the sweet spot would have required frequent changes to the tax rate, and courted the possibility that either exports are rendered uncompetitive or alternatively the domestic market is starved
The benefits of any tax reform should not be seen in terms of government revenues alone, but through wider implications for the economy
Beijing must find the confidence to lift capital controls and make the renminbi fully convertible
The projections of US GDP growth by the New York Fed model are much lower than those of the Federal Open Markets Committee
Extending current pessimism into a long term trend is not necessary for domestic investing. Our markets will recover from the current bearish phase at the first signs of easing inflation
A lot will depend on the fresh arrival of supplies of seasonal vegetables and the summer-sown kharif crop. All eyes are on the monsoon rains, and when they start lashing north-west India, the country’s grain bowl
The RBI’s sanguineness on inflation (negative real rates) suggests it considers India an exception to this trend
UBS India's India economist says the RBI, by frontloading the interest rate cycle, is ensuring the Indian rupee doesn’t get into a free fall and at the same time the central bank is not being too much behind the curve, while also avoiding the impact of these factors feeding into household inflation expectations
In today’s edition of Moneycontrol Pro Panorama: Retail rocks, where CGD firms stand, inflation headache, GuruSpeak and more
Republicans should be happier than they are with current economic conditions, and Democrats more dissatisfied
The huge infrastructure programme of the government and the return of investment demand in the private sector is good news for the cement industry
A flash report prepared by the Ministry of Statistics and Programme Implementation in October last year said one in five infrastructure projects was delayed by more than five years, and cost overruns had reached a staggering Rs 4.3 lakh crore.
In today’s edition of Moneycontrol Pro Panorama: Tricky terrain for OPEC, global food inflation loses sting, shifting sands in FMCG and more