One may want to ignore the recent 8th BRICS summit in Goa (India) and retain only the announcement of the launch of an independent rating agency. We can also consider that the battle of Mosul...
The US dollar’s upside momentum eased yesterday in North America, and follow-through selling was seen in Asia and the European morning. The dollar is lower against nearly all the major and emerging market currencies. The...
The residential real estate market, especially for new homes, has been lackluster for the past couple of years. While there are many home buyers in the market looking for property, they are waiting for the...
Economics can be good entertainment, as readers of this column might have realized. But it is also concerned with people’s satisfaction; so it would be legitimate to ask if it has made anyone happy, other...
Many observers continue to tout Italian risks as the greatest in the euro area into the year end. The constitutional referendum that would emasculate the Senate, and end the perfect bicameralism that has contributed to...
World trade in merchandise is a reflection of the global goods-producing economy. And it just can’t catch a break. The CPB Netherlands Bureau for Economic Policy Analysis, a division of the Ministry of Economic Affairs,...
While it is useful to know the changes that happened in the top 10 coveted list during the last 10 years, it can be challenging to figure out how this list will look like, say 10...
The market has not changed its mind. Following Brainard’s comments yesterday the market had downgraded the chances, which were already modest, of a Fed hike next week. The September Fed funds futures is unchanged on...
I must say I was surprised to read that Kaushik Basu, once my friend and neighbour, had been succeeded as chief economist of World Bank by Paul Romer, whom I admire as an inventive economist....
Though the Nifty index comprises 50 stocks, the top 10 enjoys a lion’s share. In 2005, the top 10 constituted nearly 60% of the index (in terms of market capitalization) while in 2015 it comprised...
Manmohan Singh is a man of history today; but for a long time he was in the centre of economic policy making. When she was Prime Minister, Indira Gandhi had once told him to control...
India’s urban population has been constantly growing since independence and the current urbanization rate is close to 31.2 percent. However, in absolute terms, India is second only to China in total urban population. The existing...
