Decoding slowdown: Investment is falling; neither central government nor private sector shows any appetite for it

Few would disagree with the Economic Survey of 2018-19 when it makes a case for investment as the “key driver” of India’s growth – in line with the Chinese experience, as it says – which would create capacity, increase labour productivity, introduce new technology, allow creative destruction and generate jobs. Except, this seem highly unlikely […]

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Opec deal tests oil majors’ appetite for risk and reward

Investors see plenty of reasons for a firm to be cautious, but they also acknowledge that anyone willing to invest now could reap the benefits later, particularly with the cost of developing new resources declining as suppliers cut their prices. Photo: Reuters Paris: Opec’s deal to cut production and boost prices gives oil companies the […]

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