Has India’s economic development led to convergence or divergence? One answer can be obtained from inequality. The Gini coefficient of per capita expenditure was 0.35 in 1951 and 0.34 in 2010 – hardly any change...
Quant-focused hedge funds – they specialize in algorithmic rather than human trading – gained $4.6 billion of net new assets in the first quarter, and now hold $932 billion, or about 30% to the $3.1...
Over the past 10 weeks – so since March 1, 2017 – five stocks in the S&P 500 index have gained a total of $260 billion in market value, the infamous FAANG stocks: Facebook, Apple,...
There was once a young king, even younger than Emmanuel Macron, who conquered power thanks to a sagacious adviser. The young king was called Chandragupta, and he was about to inaugurate the reign of the...
Economics excites economists no end, and bores the rest to death. The Economic Survey is an ideal tome for the bedside, and a perfect cure for insomnia. Having realized this in his short tenure, the...
In the April 26-27 policy meeting, the Bank of Japan (BoJ) made minor adjustments to its growth and inflation outlook, but there were no changes in its generally cautious view. The BoJ sees inflation gradually...
For two hours in the year, the finance minister is the master of all he surveys. Television cameras show him all over the country; millions watch and listen to him with rapt attention. That is...
The disruptive era is upon us, and the finance sector is no exception to this. The financial landscape is undergoing a phenomenal paradigm shift. We are living in an era where finance, technology and innovation...
Ever since India established diplomatic ties with Israel 25 years ago, not a single Indian premier has visited the Jewish state. PM Narendra Modi wants to change it, highlighting the intensifying bilateral partnership. PM Modi’s...
According to the BoJ March Tankan Survey, the business conditions of Japanese companies improved in the first quarter of 2017. The improvements seem larger for manufacturers than for non-manufacturers. Large manufacturers saw their business condition...
Growing confidence that Le Pen will not be the next president of France following the televised debate for which two polls showed Macron doing best has lifted the euro and reduced the French interest rate...
2016 wasn’t a very good year for the real estate sector what with the government’s attempts to regulate the real estate sector with the passing of RERA (Real Estate Regulation and Development Act 2016) and...
