Is India a "lone bright spot" amidst global turmoil and economic gloom, or is it too premature to announce its "arrival" on the world stage? Sure, the Indian Economy is the "world's fastest-growing major economy", and its geopolitical heft and influence have grown with the Ukraine war, where Modi can "hold its own" with Putin, … Continue reading False Dawn Or Bright Spot? Is India “Shining” Amidst Global Turmoil And Economic Gloom, Or, Is This A Mirage In The Desert Of The Unreal?
As global markets gyrate wildly, with "euphoric" gains one day and equally depressing falls the next, one wonders what investors are smoking as they go long and short in their positions. Moreover, this zig-zag behaviour of global markets reminds us of a "Drunkards Walk" where investors are unsure about their movements, let alone able to … Continue reading Here’s Why Global Markets Have Been Gyrating Like Junkies And Behaving Like Drunkard’s Walk!
The global economy is currently in a "slow motion" collapse. Unlike The Great Recession of 2008, where the bankruptcy of the American Investment Bank, and Lehman Brothers set in motion a "near death" of the global financial system, this time around, it is "death by a thousand cuts" for the global economy. We can see … Continue reading The Global Economy Is Now In A “Slow Motion” Collapse! Don’t Expect Big Bang Fireworks! Likely End In A Whisper
A $5 Trillion Economy? Pipe dream or possible? As India celebrates its 75th year of Independence, the air is full of optimism and hype over its future. Among the many "goals" set forth, the most mentioned target is that of the Indian Economy to become a $5 Trillion Economy. While India@75 can boast of many … Continue reading A $5 Trillion Economy? India@75 Can Unlock Hidden Wealth In Its’ Physical, Human, And Social Capital
Is the US Economy in a recession? Depends on whom you talk to. While there have been two-quarters of contraction in economic activity, the Biden Admin is loath to call it a recession, fearing it might hurt the Democrats in the looming Midterms in November. On the other hand, in a "surprise" of sorts, the … Continue reading A Recession By Any Other Name Is Still A Recession! Here’s Why The Global Economy Is Entering A Downturn
The Great Derangement is here! Markets are increasingly "divorced" from the underlying economic realities, and the popular explanation for this is that traders are now in what is known as a "Drunkard's Walk", where there is a "euphoric" bull rally one day, followed by an equally "dire" bear crash. So, how to make sense of … Continue reading The Great Derangement Is Here! How Markets “Divorced” Themselves From Economic Fundamentals!
The Fortunes Of The Indian Economy Depend On Its Services Professionals The Indian Economy is fast becoming a "One Pony Trick"! India's GDP (Gross Domestic Product) growth is powered by the services sector, which accounts for more than 50% of the total GDP. It has generated a tad more than a quarter of all jobs … Continue reading Here’s Why The Indian Economy Is Fast Becoming A “One Pony Trick”, Powered Largely By The Services Sector
Another recession is on the horizon. What's new, one might say, especially when booms and busts are regarded as capitalism's "natural" trend cycles, which keep repeating. For the last five decades, "everyone and their dog" have put their faith and money in the neoliberal way of ordering economies and societies. So, it is not fair … Continue reading Another Recession Looms! Yawn! Deja Vu! And Why It Would NOT Be “Different” This Time
The Fintech firm and digital payments pioneer, PayTm, was reported to have been hit with a data breach in 2020, affecting 34 Lakh users. Email ids, phone numbers, location, demographics, and other details were leaked by hackers and could impact the users and PayTm. Though the firm denied the data breach, asserting that all of … Continue reading The Alleged PayTm Data Breach Is Just The “Tip Of The Iceberg”! Indians Are Lax At Data Security And Here’s Why India Needs A Strong Data Protection Law!!
Is the Global Economy "resilient" enough to withstand another 2008-like Lehmann Shock? For those of you who are too young to remember, I am talking about the bankruptcy of the American Investment Bank, Lehman Brothers, on September 15, 2008, which "triggered" the Great Recession and almost "took down" the Global Financial System. For those old … Continue reading Is The Global Economy Resilient Enough To Withstand Another 2008 Like Lehman Shock To The System?