On a month-on-month basis, output was 7.3% higher in October compared to September’s seven-month low print of the Index of eight core industries Output from India’s eight core sectors grew 7.5% in October, picking up pace from the revised 4.5% growth estimate for September, with all sectors, except crude oil, […]

For some reason, sociologists have decided to break Americans into seemingly arbitrarily chosen age groups. The Silent Generation is people born from 1928-1945. Baby Boomers covers people born between 1946-1964, Generation X are those born between 1965 and 1980, Millennials were born between 1981-1996, and Generation Z were those born […]

After reporting a sharp increase in U.S. new home sales in the previous month, the Commerce Department released a report on Wednesday showing new home sales saw continued growth in the month of October. The report said new home sales rose by 0.4 percent to an annual rate of 745,000 […]

Europe’s energy crunch has returned with a winter vengeance. We are back to warnings of power rationing and industrial stoppage, a looming disaster for the European Commission and the British government alike. Vladimir Putin has tightened his stranglehold on gas, driving up futures contracts for January by 40 per cent […]

Shaktikanta Das asked banks to be investment-ready when the investment cycle picks up, which the RBI feels to begin from the next fiscal. Numerous macro indicators suggest that the economic recovery is now taking hold after the beating it has taken during the pandemic, but for growth to be sustainable […]

A buccaneering 37-year-old educated in a British private school, Michael Chobanian is fluent both in English and the folkways of Ukraine, which he regards as a largely lawless frontier and which he likes to traverse in his black Ferrari 612. He is the founder of Kuna, one of Eastern Europe’s […]

Deutsche Wohnen SE (DWHHF.PK), a German property company, on Friday posted a rise in its Funds From Operations for the nine-month period ended in September. It also reported increase in earnings amidst an increase in returns from the residential property management segment. In addition, the company has reaffirmed its earnings […]

Hedge fund king Ray Dalio has sounded the alarm bell after inflation in the US surged to the highest level since 1990 and warned his followers that rising portfolio values don’t actually signify increasing wealth. “Some people make the mistake of thinking that they are getting richer because they are […]

In “The Gift of Moving: Intergenerational Consequences of a Mobility Shock,” Emi Nakamura, Josef Sigurdsson, and Jon Steinsson investigate the long-term benefits of moving to a different region. For a long time, economists have argued that free trade among countries encourages the movement of resources from regions where they are […]

For our free coronavirus pandemic coverage, learn more here. Life is full of surprises. But there are surprises, and then there are surprises. What I mean is that most of the time, when something you weren’t anticipating happens, you quickly realise that it’s something you could and maybe even should […]