Is a US stock market crash beginning? Nasdaq 100 drops over 2% as Dow Jones and S&P 500 struggle after inflation shock hits investorsIs a US stock market crash beginning as Nasdaq sinks 2% after shocking CPI inflation rattles Dow and S&P 500? The Nasdaq 100 plunged more t...
13 May, 2026, 12.11 AM IST
Why did the US stock market crash today? Dow Jones, S&P 500 and Nasdaq sink deep into red as Iran tensions and soaring oil prices fuel fresh inflation fears across Wall StreetUS stock market crash today shocked Wall Street after US CPI inflation jumped to 3.8%, the highest level in three years. The Dow Jones fell...
12 May, 2026, 09.03 PM IST
Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...
09 May, 2026, 06.18 AM IST
Quote of the Day by Nobel winning economist Milton Friedman, “If you put the federal government in charge of the Sahara Desert...” – Does Friedman's critique of government still apply in 2026? What does this powerful quote reveal about government efficiency, economic freedom, and modern life lessons?Quote of the Day by Nobel winning economist Milton Friedman: Global public spending has crossed $30 trillion in 2026. Efficiency remains a ...
11 Apr, 2026, 07.50 PM IST
Why Delhi’s Copernicus Marg is named after astronomer who influenced Galileo Galilei & Johannes Kepler; What is his India connect?Copernicus Marg in New Delhi honours Nicolaus Copernicus, a European scientist. He proposed the Sun-centered universe model. This road's na...
06 Apr, 2026, 03.28 PM IST
When fear outpaces fundamentals: Why RBI’s signal matters more than ratesIndia faces geopolitical turbulence despite strong economic fundamentals. The Reserve Bank of India's upcoming policy decision is crucial. ...
03 Apr, 2026, 11.27 PM IST
Euro zone inflation surges past ECB target on oil shockEuro zone inflation surged to 2.5% in March, exceeding the ECB's 2% target, driven by soaring oil and gas prices due to the Iran war. This ...
31 Mar, 2026, 02.41 PM IST
ET Explains: Modern monetary theoryMMT which gained mainstream attention in the late eighties and early nineties is based on the premise that governments should be allowed to...
10 Jan, 2024, 05.19 PM IST
The dollar is America's currency but it's everyone's problemThe huge borrowing programme of the US has resulted in a national debt of almost $31tn, making it the world's biggest borrower. The debt gr...
30 May, 2023, 11.36 PM IST
India can grow at about 7% despite global uncertainty: Former chief economic advisor K V SubramanianIndia is already undergoing this shift to a higher growth path because of the sagacious economic policy implemented in COVID, where we unde...
10 Feb, 2023, 11.58 PM IST
View: Why it's time for India to give Modern Monetary Theory a chanceStandard economics books don't teach us this. But seen in this new light, GoI does not need our money (taxes or borrowings) to spend. It is...
28 Sep, 2021, 10.57 PM IST
No free lunches: Raghuram Rajan says monetisation by RBI has a cost and cannot be everlastingHe said central banks in many emerging markets are resorting to such strategies and disagreed with votaries of the "modern monetary theory"...
24 Jul, 2020, 09.49 AM IST
- Modern Monetary Theory’s all the rage, but deficits still matter for Wall Street
The problem is that with the financial system already inundated by over $16 trillion of Treasuries, banks constrained by crisis-era rules h...
09 Oct, 2019, 08.39 AM IST
Modern monetary theoryHigh spending can lead to a break-out of high inflation.
28 May, 2019, 09.11 AM IST
Buffett joins scorn of modern monetary theory and ‘danger zones’Powell has said the concept of MMT is “just wrong.”
16 Mar, 2019, 10.15 AM IST
Trading MMT in Wall Street’s great unknownThe lack of a plan may stem from their experience in recent years.
11 Mar, 2019, 08.50 AM IST
Fed’s Powell trashed MMT, but Wall Street sees room for US to try itLast week, Federal Reserve Chair Powell described that school of thought as “wrong.’’
05 Mar, 2019, 08.09 AM IST