Wednesday, Jun 21, 2023
Journalism of Courage
EXPLAINED ECONOMICS NEWS
ExplainSpeaking: Monsoon 2023 starts with a deficit: What is the likely impact?
June 20, 2023 21:44 IST
Past analysis suggests that a deficit in June does not necessarily ruin the whole monsoon performance.
Why did IIFL Securities’ shares tank over 18 per cent?Premium Story
June 21, 2023 08:09 IST
After opening at Rs 59 apiece today, down 17 per cent compared to the previous close of Rs 71.15, the shares of IIFL Securities plunged 18.48 per cent to hit an intraday low of Rs 58 in early trades.
IndiGo’s mega aircraft order: What it means for the carrier and India’s aviation sector
June 21, 2023 08:57 IST
For IndiGo, which dominates Indian skies with a market share (by passengers carried) of over 60 per cent, this order would ensure a steady supply of aircraft till 2035 and will be critical to the airline’s long-term objective of maintaining its ascendancy in India’s booming aviation market.
At the heart of Indo-US ties: Economics and StrategyPremium Story
June 21, 2023 11:46 IST
Underpinning the Indo-US strategic partnership is deepening economic engagement and a resolve on both sides to elevate the bilateral relationship to a 'global strategic partnership'. Bilateral trade is at a record high and the potential is limitless — but there are some headwinds to contend with.
ExplainSpeaking: Anatomy of China’s economic slowdownPremium Story
June 20, 2023 12:25 IST
Analysts and economists are revising down China's economic growth rate even as the People’s Bank of China has repeatedly cut interest rates. What is driving China's economic slowdown?
Paddy and the price of waterSign In to read
June 19, 2023 19:43 IST
Direct seeding of rice, instead of transplanting and flooding of fields, cuts down the massive water consumption of paddy. Why is the DSR method still not very popular?
What US rate hike pause means for Indian marketsPremium Story
June 16, 2023 21:22 IST
Will the Fed move on interest rates and its hawkish commentary impact interest rates and markets in India?
Why remittance inflows growth could slow to just 0.2% in 2023Premium Story
June 17, 2023 18:28 IST
The projection by the World Bank's latest Migration and Development Brief marks a dramatic slowing from 2022, when remittances to India grew by more than 24% to reach a record-high $111 billion. The reasons: slower growth in OECD and GCC economies, high base effect.
ExplainSpeaking: What is a hawkish pause?
June 15, 2023 19:57 IST
The Federal Reserve of the United States, the world’s most influential central bank, decided to pause raising interest rates. While it is a pause, many are calling it a hawkish one — a characterisation used for India’s RBI as well. What does it mean?
Pulses production goes up: The success story of chana and moong
June 19, 2023 13:59 IST
What explains the significantly increased production of chickpea and green gram, when arhar/tur (pigeon-pea) and urad (black gram) have not gone up as much?
Compromise settlement for wilful defaulters: How RBI’s controversial move impacts the banking sector
June 15, 2023 13:29 IST
By allowing wilful defaulters and fraudsters to settle loans under compromise, the RBI is effectively condoning their actions, placing the burden of their misdeeds on the shoulders of ordinary citizens.
Why FDs with 1-3 year tenures are seeing most traction, women borrowers are going for gold, education loans
June 14, 2023 15:15 IST
Customers are now increasingly going for fixed deposits (FDs) with a tenure of ‘one year to less than three years’ where interest rates are the highest.
ExplainSpeaking: Ultra-rich individuals are projected to keep leaving India in 2023. Why do the rich migrate from a country?
June 14, 2023 17:30 IST
India’s likely net outflow (net of inflow and outflow) in 2023 will make it the second worst performer on losing HNWIs after China. In 2022, India saw an outflow of 7,500 such individuals.
Arc of chill: Jack Dorsey poster to farmers protest to Elon Musk’s new linePremium Story
June 14, 2023 11:21 IST
In the last five years, the platform has had a troubled history with wide ranging stakeholders — from the Centre to the Opposition, conservative groups to civil society.
Why are markets looking forward to the first pause in rate hikes by the US Fed since Jan 2022?
June 14, 2023 10:48 IST
Interest rate hikes are the primary monetary policy tool used by central banks to tackle spurts in inflation. When interest rates go up in an economy, it becomes more expensive to borrow; so households are less inclined to buy goods and services, and businesses have a disincentive to borrow funds to expand, buy equipment or invest in new projects.
Why has SEBI barred ZEE’s Subhash Chandra and Punit Goenka from holding directorial positions?
June 14, 2023 10:49 IST
SEBI started investigating the matter related to the appropriation of certain fixed deposits (FD) of ZEEL by Yes Bank, for squaring off loans of related entities of Essel Group.
ExplainSpeaking | Global Slavery Index: Where does India rank, and why are its findings contested?Premium Story
June 15, 2023 22:06 IST
Ten countries, including India, account for nearly two in every three people living in modern slavery and over half the world's population.
CoWIN data ‘leak’: Why the govt statement raises more questions than it answersPremium Story
June 14, 2023 11:17 IST
The Health Ministry issued a press release where it essentially ruled out CoWIN’s APIs being used by the Telegram bot. Here is a closer look at the statement.
The lessons of Indo-US cooperation in agriculturePremium Story
June 13, 2023 10:07 IST
A brief history of the US role in independent India's agricultural development is useful in the context of Prime Minister Narendra Modi's upcoming visit to the US, for strengthening the “global strategic partnership” between the two countries.
ExplainSpeaking | Making sense of Modi govt’s latest MSPs: Good economics and bad politics or the other way around?Premium Story
June 18, 2023 22:31 IST
MSPs are “support prices” announced by the government (and sometimes state governments add a bonus amount to them) and the intended aim in announcing them is to provide a safety net for farmers.
RBI permits loan default guarantee in digital lending: Will it boost fintech activity?
June 9, 2023 16:27 IST
The RBI has allowed banks to accept DLG in digital lending only if the guarantee is in the form of a cash deposit, or fixed deposits in a bank with a lien in favour of the RE, or a bank guarantee in favour of the RE.
What RBI MPC’s rate hike pause means for EMIs and investors
June 9, 2023 09:55 IST
This is expected to give some stability to the credit market, to boost capital expenditure and investments. The current rate hike cycle will help arrest inflation, and boost investment and consumption sentiment.
ExplainSpeaking | RBI Monetary Policy: Has the Indian economy reached the Goldilocks moment?
June 9, 2023 10:01 IST
A Goldilocks scenario for an economy refers to a point where it is running just perfectly — neither too hot (implying high inflation) nor too cold (referring to faltering GDP growth).
Why RBI has opted for status quo, how continued pause in rate hikes affects your loan EMIs
June 9, 2023 10:12 IST
RBI MPC Meeting: As the RBI has kept the policy rate unchanged in the June policy, external benchmark lending rates (EBLR) linked to the repo rate will also not rise. It will provide some relief to borrowers as their equated EMIs will not increase.
Why area under cotton cultivation is likely to shrink this kharif
June 8, 2023 10:31 IST
Kapas is a long-duration crop harvested over 4-5 pickings. The first picking itself takes 100-120 days, with subsequent ones following every 15-20 days.
